How a Roth Conversion Might Benefit You: Garet Strange SC Business Review
Considering the conversion to a Roth IRA? Not sure when to do so or if it will even benefit you? Everyone has a different situation, and the best time for someone else to convert may not be the best time for you. Garet Strange, Executive Vice President, spends time with Mike Switzer discussing the benefits of […]
ViewPersonal Finance Tips for Military Families
One study found that military personnel have more credit problems and are more likely to make late house payments than their civilian counterparts.¹ While the financial situation of military personnel and their families mirrors the general population in many respects, heavy indebtedness and mismanagement of credit cards may be especially acute issues for service members. […]
ViewPlease Leave Home Without It
Concerns over identity theft continue to grow, especially with the news of data breaches at major companies and financial institutions. Unfortunately, you have little control over when a company is hacked, but you do have control over your own actions. Ten Things to Leave at Home The content is developed from sources believed to be […]
ViewWhat Is a Roth 401(k)?
While many people are familiar with the benefits of traditional 401(k) plans, others are not as acquainted with Roth 401(k)s. Since January 1, 2006, employers have been allowed to offer workers access to Roth 401(k) plans. And starting in 2023, retirement rules were updated to allow more retirement plans the ability to offer Roth contributions.1,2 […]
ViewPutting a Price Tag On Your Health
We hear over and over again how important it is to maintain a healthy lifestyle. But being healthy for its own sake isn’t easy—especially when you’re facing down temptation or battling procrastination. For some, the monetary benefits of a healthy lifestyle may offer helpful incentives. Being healthy not only makes you feel good, but it […]
ViewCountdown to College
As a parent, you of course want to give your child the best opportunity for success, and for many, attending the “right” university or college is that opportunity. Unfortunately, being accepted to the college of one’s choice may not be as easy as it once was. Additionally, the earlier you consider how you expect to […]
ViewDo Your Kids Know The Value of a Silver Spoon?
You taught them how to read and how to ride a bike, but have you taught your children how to manage money? The average debt for student borrowers is $40,499. And nearly 11% of new graduates will default within the first twelve months of repayment.1,2 For current college kids, it may be too late to […]
ViewTo Catch a Thief
Many Americans have taken steps in recent years to protect their identity. According to a recent report, total dollars lost due to identity theft in 2021 was $24 billion and affected 15 million consumers. If you haven’t taken measures to protect yourself, it may be a good idea to consider your options.1 Identity theft is […]
ViewWhat If Your Kids Decide Against College?
As a parent or grandparent, you may have diligently saved money in a 529 account to help fund your child’s or grandchild’s college education. But what happens if they decide college isn’t the right path for them? It’s a valid question that many families are facing as more and more people choose alternatives to traditional […]
ViewMaking a Charitable Gift
Key Takeaways Why sell shares when you can gift them? If you have appreciated stocks in your portfolio, you might want to consider donating those shares to charity rather than selling them. Donating appreciated securities to a tax-qualified charity may allow you to manage your taxes and benefit the charity. If you have held the […]
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