It’s now been a couple of weeks since the Silicon Valley Bank failure. Here’s a great article on why SVB failed- When trouble hit, Silicon Valley Bank had to sell US government bonds at a loss. : NPR What can we learn from this? It’s important to brush up on our knowledge of what exactly FDIC insurance covers. The definition states……
Month: March 2023
Taxes in Non-Retirement Accounts
Last week, I covered the basics of income tax and taxation of retirement accounts. Let’s cover non-retirement accounts… non-qualified accounts. There are lots of nuances here and many exceptions, alternatives, and strategies that can be derived from non-qualified accounts. So many that I would probably have to write a book to cover everything. But, here are the basics… Non-Qualified Accounts…
Let’s Talk About Taxes
It’s that time of the year, so let’s talk about taxes. I certainly understand that this can be a boring and tedious topic… but in many cases is THE MOST IMPACTFUL piece of your financial plan. So, whether you are managing your finances by yourself, or working with an advisor, it is incredibly important to think about the tax implications…
3 Reasons Why You Should Work with a Financial Advisor
Deciding to work with a Financial Advisor is a big decision and one that we believe is centered around trust and relationship. I believe earning trust is the first step to any relationship, and in my profession, being transparent about the costs of working with me is an integral part of building trust. My goal in this week’s newsletter is…
