Year: 2021

Taking Advantage of the Roth IRA/401k

The Roth IRA/Roth 401k is one of the best ways to accumulate and preserve wealth, but perhaps the least understood.  A Roth, funded by after-tax contributions, has many appealing attributes, including tax-free growth and tax/penalty-free withdrawals if over the age of 59½, and the withdrawals are at least five years after your first contribution to […]

Summer Job Success

Summer is fast approaching, and high schools and colleges will soon adjourn.  If you have not already found your summer job, now is the time to get started.  You want it to be a good experience for you, and you want it to be a good experience for your employer.  Here are tips to help […]

Low Mortgage Rates: Love Them Or Hate Them

According to a leading measure of U.S. residential real estate prices, the S&P CoreLogic Case-Shiller Home Price Index, home prices rose 11.2% year over year in January.  With a limited supply of new homes on the market, increased demand from ultra-low interest rates, and stay-at-home dynamics due to Covid-19, the conditions are perfect for higher […]

Where To Keep An Emergency Fund

Our last SquareOne blog discussed the minimum amounts of emergency funds to be saved based on your unique situation. We also established some guidelines for how much cash you should set aside for unexpected life events that can significantly impact your financial well-being. This week, we’ll discuss the types of accounts you can use to […]

Two Surprises From The American Rescue Plan

taxes

By now, if you are eligible, you have likely received your $1,400 stimulus check as promised under the $1.9 trillion America Rescue Plan (ARP). For additional information on the ARP, review last week’s article CLICK HERE.  If you have not received your check, visit www.IRS.gov, or follow the direct link to GetMyPayment. With the ARP, […]

Three Stimulus Check Questions

Stimulus checks began going out on March 17th as part of the $1.9 trillion American Rescue Plan Act of 2021. Here is a summary of what you might expect to receive: $1,400 per individual. $1,400 stimulus payment for Joint filers with AGI under $150,000; single filers under $75,000.  Joint-filer phaseout = $160,000; single-filer phaseout = […]