3 mins read

Divorce & IRA Accounts

During the course of a divorce, any assets you and your spouse had will need to be divided. With the help of your lawyers or a mediator, you will decide who gets what property, how to divide your savings and how to divvy up the retirement accounts. Splitting up the 401(k)s and the IRAs is a bit trickier than simply dividing a regular savings account.

2 mins read

IRA vs 401k

There’s no doubt that you need to save your money for retirement, but you may wonder whether it’s better to save your money in a 401k plan or in a Individual Retirement Account. Each type of savings plan has different advantages and disadvantages. The key is to think about what’s important to you and invest accordingly.

10 mins read

Avoid the April 15th Mad Dash With This Tax Prep Schedule

In eight short weeks, whether you like it or not, your tax return is due. Dont let it sneak up on you. Theres no reason tax time has to be a stressful flurry of last-minute preparations capped off with a sprint to the post office (or accountant). If you take a few little steps each week, youll be pleasantly surprised at how much easier it all comes together on April 15th. But, unless youre a financial-type, you may not be sure how to break down such a daunting task. That is why weve put together this tax prep schedule. Although it may seem like a lot of steps, the average appointment on the following list should take you no more than sixty minutes to complete and many may take less than five. Stick to this schedule and youll be more likely to make it through this tax season gauntlet mistake-free and with sanity in tact.

7 mins read

Why You Should Absolutely Avoid the “Bank Glitch” Trend: Protect Your Financial Future

As a mom of three and a financial advisor, I’ve seen firsthand how essential it is to teach kids about budgeting, saving, and financial responsibility. Equally important is educating them on what not to do, and here’s a prime example: a dangerous trend is circulating on social media, encouraging people to exploit a supposed “bank glitch” to withdraw free cash from ATMs. While this may seem harmless in viral videos, it is actually bank fraud and can lead to serious legal trouble for you or your kids.