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Financial Planning

Building WealthFinancial PlanningForbesRoth IRASecure ActTax planningUpdated for 2020Wealth and Family

How a Roth IRA Could Make Your Kid a Millionaire

For most parents, it's a trifecta: help your kids learn about investing, save for retirement, and get fast-tracked to becoming a millionaire. It's possible, and surprisingly attainable. Here's how it works: if a teenage or college-aged kid has earned income (i.e. a part-time job), they are eligible to contribute to an IRA, even if…
September 3, 2019
Cash ManagementFinancial PlanningInfographicsInvestingRetirement PlanningSecure ActTax planningTraditional IRAUpdated for 2020

Non-Deductible IRA Contributions Aren’t Worth It – Here’s Why

5 reasons you shouldn't make nondeductible contributions to an IRA Are non-deductible IRA contributions worth it? Most high-income individuals are unable to make tax-deductible contributions to a traditional IRA due to IRS limits, yet their earnings level may allow the capacity to save more after maxing out a 401(k). Although any…
July 23, 2019
Boston financial advisorBuilding WealthChoosing a financial advisorFinancial PlanningForbesInvesting

You’d Hire a Pro for a Home Renovation, So Why ‘DIY’ with Your Life Savings?

If you have ever hired a contractor, you likely have firsthand experience with how important it is to find the right professional–and just how hard that task can be. In any situation, when you don't know enough about a subject to ask the right questions or completely consider all the…
May 8, 2019