Tax-loss harvesting is a strategic technique that savvy investors use to minimize their tax liabilities while optimizing their investment portfolios. By deliberately selling investments...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/31/2023
In life insurance, universal life insurance stands out as a versatile and flexible policy that provides both a death benefit and a cash value component. Unlike term life insurance,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/13/2023
As higher education costs continue to rise, families must plan and save for their children's educational expenses. One popular tool for saving for education is the 529 plan, named...
Posted by Rosovich & Associates, Inc. on 06/23/2023
A defined benefit plan, more commonly known as a pension plan, provides guaranteed retirement benefits to employees. Defined benefit plans are primarily funded by the employer, with...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/26/2023
Even if you're an expert at something, getting a second opinion is always a good thing. When it comes to money matters, getting help is very important. A financial advisor can...
Posted by Rosovich & Associates, Inc. on 09/30/2022
Vanguard's established exchange-traded funds and mutual funds have been a long mainstay in 401(k) plans, retirement plans, IRAs, and managed portfolios.But longevity isn't...
Posted by Rosovich & Associates, Inc. on 07/18/2022
Cash balance plans are defined benefit retirement savings plans that allow business owners to make large deductible contributions each year and build up deferred retirement savings....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/04/2021
The term accumulated earning refers to a company’s net profits after the payments of dividends have been made. This term is often used interchangeably with others such as; accumulated...
Posted by Rosovich & Associates, Inc. on 11/04/2021
Personal / private pension refers to the kind of pension you can set up to enable proper savings for retirement. The value of this pension is based on the amount of money you pay in...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/30/2021
