If You Don’t Have a Will Yet, Why Not?
Think having a will can wait? 64% of Americans agree it’s important, but only 32% have one. 📝 We look at four common reasons people put it off—and why now is the perfect time to start your estate planning.
Federal Appeals Court Blocks SAVE Student Loan Repayment Plan
The U.S. Court of Appeals blocked the SAVE student loan repayment plan, leaving millions of borrowers in limbo. The plan, which promised lower monthly payments and faster forgiveness, now faces an uncertain future as the legal battle continues.
Chaos in the Sky: New Consumer Protections for Weary Airline Passengers
Airlines are still grappling with the fallout from the massive CrowdStrike IT outage in July, which caused widespread flight delays and cancellations. New federal laws and DOT rules are set to bring much-needed relief to passengers with automatic refunds for significant delays and cancellations, and more transparency on those pesky surprise fees.
Cancer Happens: Insurance Can Help Fortify Your Finances
With cancer diagnosis rates on the rise, it’s crucial to consider not just your health but also the financial implications. Even with health insurance, advanced treatments can be costly, and time off work can strain your finances.
2025 Key Numbers for Health Savings Accounts
The IRS has announced the 2025 contribution limits for Health Savings Accounts (HSAs) along with the new minimum deductible and maximum out-of-pocket amounts for High-Deductible Health Plans (HDHPs).
Interest Rates on Federal Student Loans Jump to Decade Highs for 2024-2025 Year
The 2024-2025 interest rate for undergraduate Direct Loans is the highest in over a decade, while the rates for graduate Direct Loans and graduate and parent PLUS Loans are at the highest level in more than 20 years.
The Emotional and Financial Challenges of Illiquid Investments
Managing Associate D.J. Barker, CWS®, and Senior Associate Logan Daniel, CFP®, CRPC®, are joined by Research Analyst Nick Antonucci, CVA, CEPA, to explore a situation of an investor whose wealth is tied up in illiquid assets like real estate, fine art, or jewelry. They discuss how these assets may be hard to sell quickly if funds are needed and how to diversify to increase liquidity.
Smart Financial Moves: Managing Children’s Earnings and Inheritance
This week on “Money Talks,” Managing Associate Melanie Wells, CFP®, and Associate Giuliana Barbagelata, CFP®, address managing a minor’s money. They discuss custodial accounts, Roth IRAs, and 529 Plans.
How the Adoption Tax Credit Can Ease Your Journey to Parenthood
Adoption is a beautiful journey, but it can also be financially demanding. To help, the U.S. government offers an adoption credit, designed to offset costs like adoption fees, court costs, attorney fees, and more.
Navigating the Complex World of Your Child’s Tax Return
The Kiddie Tax applies higher rates to unearned income of certain children under 19, or under 24 for full-time students. Learn how to navigate these rules, maximize tax benefits, and plan effectively for your family’s financial future.