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An increase in assets doesn’t come with an increase in financial acumen. Financial Literacy Month is a great time for us all to expand our knowledge. It’s also a great time to raise awareness of the many scams, frauds, or predatory lending practices that affect too many families every year.

Kids ask tough questions about money. It’s how they learn. As a parent, these are teachable moments that offer a chance to impart some financial wisdom to them. 

Over the next two decades, more than 84 trillion dollars will change hands in what has become known as the “great wealth transfer.” More than $72 trillion of that will pass from older generations to their heirs, while nearly $12 trillion will be donated to charities.  This shift in multigenerational wealth represents a huge opportunity for future generations. To ensure a smooth transition of wealth, it is important to consider the values you wish to impart that can help prepare heirs to manage

Cybercrime is on the rise everywhere. In fact, global losses due to cybercrime climbed from $600 billion in 2018 to $1 trillion in 2020. That’s enough to make anyone concerned about the security of their financial accounts. But you don’t have to feel helpless against the threat of hackers. These steps can help limit your risk and keep your financial accounts safe. 

Saving for retirement doesn’t happen overnight. It’s an ongoing process that requires monitoring and tweaking your plan over many years to help ensure you have enough to meet your retirement goals.

How Does the New RMD Rule Affect Retirees? There's good news for your retirement plan! Starting this year, the age at which you must start taking required minimum distributions (RMDs) from your tax-deferred retirement accounts has increased from 72 to 73 years old. In 2033, it will increase again to age 75.This new rule was passed into law by Congress at the end of 2022 as part of the SECURE Act 2.0.

Smart Ways to Save for Your Child’s Education If you’re a parent, the start of a new school year may have you considering how much you’re able to set aside for your child’s college fund.  Average annual tuition in the U.S. is $38,185 for private college and $10,338 for public college.[1]1 And those numbers may rise by 2%–3% in the coming school year.[2]2 So, the sooner you start saving to support your child’s future, the better.  Fortunately, in

Planning for retirement is rife with big questions — not just how you want to spend your golden years, but where? For some, retirement offers the opportunity to spend more time with family; for others, it’s the chance to venture into a different climate. For the most part, seniors are planning to spend their retirement near the homes they’ve always known. A 2021 study by the AARP showed that approximately 75% of people over 50 plan to stay in their current communities for