by opes | Oct 25, 2021 | Financial Planning
Did you know that it’s possible to buy real estate in an individual retirement account (aka your IRA)? Given that possibility, we’d like to walk through the rules and restrictions, as well as the pros and cons, of this option. The main benefit of owning...
by opes | Oct 25, 2021 | Financial Planning
The benefits of saving in a “traditional” 401(K) can be powerful. By contributing pre-tax dollars you reduce your taxable income and will lower your tax bill (e.g., if you make $100,000 and contribute $15,000 to a 401(k), you are only taxed on $85,000 of...
by opes | Oct 25, 2021 | Financial Planning
Overview A home equity line of credit, or HELOC, is a line of credit that is secured by your home. They’re most commonly used to cover the cost of home improvement projects, but they can have financial planning benefits beyond that. Here we’ll look at the basics of...
by opes | Oct 25, 2021 | Financial Planning
June 2018 Tax time is over, now what? Happy Spring! If you’re like most people, the first quarter of the year, in terms of your finances, tends to be focused on tax preparation but not much else. Now that tax season is over (whew!), one of the best presents you can...
by opes | Oct 25, 2021 | Financial Planning
January 2018 A Meaningful Year-End Message (2017) As we wish you and yours a Happy New Year, we’d like to take a moment to reflect on the timeless question: What makes you happy? You probably already realize that piles of possessions by themselves aren’t enough. But...
by opes | Oct 25, 2021 | Financial Planning
September 2017 Protecting Your Personal Information In light of recent news of the Equifax Credit Reporting security breach, we want to share the following tips for protecting your personal information and recognizing potential financial scams on an ongoing basis....
