Learn A New Roth IRA Strategy
Secret Roth IRA Strategy
The taxman keeps coming… A couple of years ago, congress stealthily changed the law for most owners of retirement plans. Under the old law, if you left your IRA to a person, generally, they were allowed to withdraw the money ‘slowly’ over their life expectancy (popularly called a Stretch IRA). For most people, this meant […]
How Much Should Be In My Emergency Fund?
In our last SquareOne blog, What’s The Deal With Emergency Funds? we discussed what an emergency fund is and what it is not, but you might be wondering how much cash you should have set aside. If you crack open a personal finance textbook, the most common answer you will see is “three to six months […]
New PPP Loans Focus On Smallest Business Owners
New PPP Loans Focus on Smallest Business Owners
According to the Wall Street Journal, the federal government will offer a revised PPP (Paycheck Protection Program) loan program tailored specifically to small business owners with less than 20 employees. The goal is to focus on access to PPP loans for small companies, including minority-owned businesses and businesses within underserved communities that may not have […]
Financial Fraud – Could It Happen To You?
Financial Fraud: Could It Happen To You?
Financial Fraud is rampant and sophisticated. In the past six months, I know of five cases close to home where people were almost victims of financial fraud. An overview of some of the types of financial fraud shows just how sophisticated and widespread the attacks are. Some cases involve a scammer hacking into a person’s email. […]
What’s The Deal With Emergency Funds?
If you spend any amount of time researching personal finance, you probably hear a lot of talk about the importance of an emergency fund. You may have even read the recent article Is Your Safety Net Sufficient? from our partner, Marshall Clay, about the importance of a safety net. According to GoBankingRates, you might be […]
Financial Contingency Planning For Retirees
Financial Contingency Planning for Retirees
Even with modern-day family dynamics, the role of a “financial leader” in a household typically still falls on one person. While most leaders in their pre-retiree years rightly focus on accumulating assets and risk management strategies for protection, a new set of challenges are introduced as one crosses the finish line and enters retirement. These […]