Financial Education Videos
Financial Education
What are the rules for inherited IRA distributions?
When inheriting an Individual Retirement Account (IRA), it’s essential to understand the rules surrounding distributions, as they differ for spouses and non-spouses. Knowing these guidelines can help ensure compliance with [...]
How Much is Social Security Reduced if I Have a Pension?
The Social Security Fairness Act, signed into law on January 5, 2025, ends the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO). This legislative update eliminates previous penalties, ensuring [...]
Pilots: Roth or No Roth… That’s the Question
Airline pilots face unique financial situations that make the decision between Roth or no Roth more complex than it might be for others. Personalized financial planning is essential to account [...]
What are the best ways to build generational wealth?
Building generational wealth requires intentional planning, financial education, and smart investment strategies. Families who wish to pass down wealth must prioritize financial literacy and ensure future generations understand how to [...]
Inheriting a Property: Keep, Sell, or Rent?
Inheriting real estate comes with important decisions and potential tax benefits. One key advantage is the step-up in basis, which resets the property’s value to its fair market value at [...]
The Pros and Cons of Reverse Mortgages
How Reverse Mortgages Work Reverse mortgages allow homeowners to convert their home equity into cash. This can be done through a cash-out refinance or by purchasing a home with a [...]
How to Calculate Your Net Worth
Understanding your net worth is a crucial step in assessing your financial health. By subtracting liabilities from assets, you can determine where you stand financially and track your progress over [...]
What to Do When a Loved One Isn’t Financially Prepared for Retirement
Not everyone reaches retirement fully prepared, and supporting a loved one in this situation requires empathy and practical solutions. Here’s how to navigate the conversation and help them move toward [...]
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