4 KEY PLANNING TIPS FOR WOMEN

Posted by Michelle Yates, CPRS™, BFA™, CDFA®️
On January 21, 2021

Much has changed in our world over the last three decades. But what hasn’t, is that men still typically die first.1 While somber, the silver lining to this is when I meet—usually one-on-one for the first time—with the surviving half of a couple, and she leaves my office knowing that the plan they’d implemented and […]

MONEY-SAVING TAX TIPS THAT YOU CAN FEEL GOOD ABOUT

Posted by RAA
On December 2, 2020

Despite the uncertainty in our world and the media, your financial situation never stands still and it’s important to remain proactive. With that in mind, there are things you can do that save you money and, if you’re able, allow you to support a cause you find meaningful. Here are some tips that may help you lower your tax burden and participate in charitable giving.

END OF THE YEAR FINANCIAL CHECK-UP

Posted by Kat Schraeder, CFP®
On November 19, 2020

With all of the changes occurring this year, an often-overlooked area that may need rejuvenation is your financial health. The end of the year is the perfect time to reevaluate your financial situation and ensure you have all of your major financial bases covered to start the new year off right. The checklist below will […]

OVERCOMING THE ‘INVESTING GAP’ FOR WOMEN

Posted by RAA
On November 9, 2020

Take a moment and think of the women in your life. Yourself? Your mother? Your sister? Your partner or wife? And if you were to ask each how they feel about investing, what do you think they’d say? We came across some eye-opening statistics: According to a 2018 Fidelity survey, only 29% of women view themselves […]

7 REASONS YOU SHOULD NEVER BORROW FROM YOUR 401(k)

Posted by Patrick Fisk, CFP®
On October 26, 2020

Most people are worried about money right now, and millions are having trouble paying their bills. Even if you still have your job, it’s possible your partner or spouse does not. When cash is short, it’s tempting to make a beeline to the savings in your 401(k), but I would strongly recommend against it. I’ve […]

3 Ways to Protect Your Retirement Savings & Pay Yourself

Posted by Gary Krasnov, AIF®, CLTC®
On September 29, 2020

Once you retire, how do you protect your portfolio so that it preserves principal and generates adequate income? While challenging, it helps to think of retirement as the time in life when you are going to be paying yourself. Yes, paying yourself, but with a small caveat.

MANAGING FINANCIAL STRESS & RELATIONSHIPS

Posted by Michelle Yates, CPRS™, BFA™, CDFA®️
On August 18, 2020

Many of my colleagues (and a vast majority of our clients) are active or former pilots, so we bear close witness to the alarming economic situation our airline brothers and sisters face. Due to the fallout from the pandemic, for pilots, 2020 is the worst of times. With that in mind, here’s something that probably […]

FACING A REDUCED INCOME? REVIEW THESE 3 KEY AREAS

Posted by RAA
On April 27, 2020

Whether you’re new to your airline, are beginning to plan for retirement, or are somewhere in between, it’s likely that the challenges facing the aviation industry are leading you and your family to plan for changes in your income. In turbulent times such as these, it’s perfectly normal to be concerned about your career and financial […]

HOW ARE RMDS CALCULATED?

Posted by Richard Winters, CFP®, CRPC®
On March 16, 2020

RMDs, or Required Minimum Distributions, are calculated by dividing your traditional IRA or retirement plan account balance by a life expectancy factor specified in either the Uniform Lifetime Table or the Single Lifetime Table. Your account balance is usually calculated as of December 31 of the previous year. You are allowed to defer your first RMD (the year […]

WHICH TAX EXTENDERS COULD AFFECT YOU?

Posted by Kristi Cherry, CPA®
On March 3, 2020

On December 20, 2019, President Trump signed the new federal budget into law, which contained several key tax extenders (expired or expiring tax provisions). While the sweeping SECURE Act generated most of late December’s headlines, tax professionals were closely monitoring two affiliated budget bills (H.R. 1158: Consolidated Appropriations Act and H.R. 1865: Further Consolidated Appropriations […]