Short-Term Cash? Don’t Dismiss Your 401(k)
While not always a good idea, Bil Lako, CFP®, discusses taking a loan from your 401K in today’s Marietta Daily Journal. Read the Article
While not always a good idea, Bil Lako, CFP®, discusses taking a loan from your 401K in today’s Marietta Daily Journal. Read the Article
Different business entities have different strengths and weaknesses. In this week’s Business Tip, we examine S Corporations.
One way to compare life insurance policies is to figure the yearly price of protection. We explain in this week’s Insurance Tip.
Are your Social Security benefits taxable? It all depends on your modified adjusted gross income. Learn more in this week’s Tax Tip.
Before buying a second or vacation home, consider the costs, rental potential and tax treatment. We explain in this week’s Financial Tip.
Our experts discuss a case study that demonstrates how a 401(k) loan may make sense to cover a unique short-term cash need.
The week began on a down note with Energy stocks leading the decline alongside a dip in crude oil prices; however, the slip was reversed Tuesday, as Energy stocks rallied ahead of the Federal Open Market Committee meeting. In other economic news, U.S. retail sales ticked up 0.2% in August from a 0.7% gain in July. Discounting cars and gas, sales climbed 0.4%. The rally continued Wednesday as crude oil experienced strong gains. The Consumer Price Index showed inflation retreated in August with a 0.1% dip in headline inflation versus expectations of no change. Energy prices slipped 2% last month, while food prices edged up 0.2%. Thursday’s big news came by way of the highly anticipated comments from the Federal Open Market Committee meeting. The Federal Reserve kept its interest rate unchanged. Stocks retreated after Fed Chair Janet Yellen said that global developments overshadowed signs of strength in America. Additionally, housing starts fell by 3% to 1.13 million units in August, missing expectations of a lesser dip to 1.16 million. Friday’s down market pushed the week into the red zone with the Materials and Telecommunications sectors leading the decline.
Retiring early? We explain how planning ahead can help you avoid early withdrawal penalties in today’s Marietta Daily Journal. Read the Article
The C corporation business structure has its strengths and weaknesses. We explore them in this week’s Business Tip.
When comparing insurance policies, you have to account for the return on savings, value of the protection and tax effect. We explain in this week’s Insurance Tip.