In the financial industry there are and always have been good and bad actors. Some bad actors make the front page of the paper while others are either not discovered or their level of fraud does not rise to that level.
If you are part of a work place retirement program, chances are you have fund choices in your portfolio. Once a year you are given the option to pick the funds that you want to invest, but seldom does anyone explain what those options mean.
Just a few short years ago we were all worried about Y2K. We were preparing for the millennium and had concerns if the people and computers would all survive. To everyone's surprise, life went on.
A traditional IRA and a Roth IRA have many similarities with the biggest difference being how they are taxed. Both a traditional and Roth IRA are retirement savings accounts that allow an annual contribution, up to federal limits, that grows and can be withdrawn once you reach 59.5 years of age.
Why should my tax advisor be the same person as my financial advisor? These two professions are closer than you might imagine.
It is that time of the year again - Open enrollment for those of us who do not get our Health Insurance from our employer. If you haven't done so already, you may want to discuss your insurance with a Financial Advisor.