by Daniel Shahwan | Sep 20, 2024 | Investments
Roth IRAs allow income-earners to save after-tax dollars for retirement and make qualified withdrawals tax-free. Understanding how to properly contribute affects taxes. Contributions The 2024 IRA contribution limit is the lesser of one’s total earned income or $7,000,...
by Daniel Shahwan | Sep 3, 2024 | Taxes
Roth IRAs can allow anyone with earned income to grow their retirement savings tax-free. Financial advisors can help investors navigate the demands of a Roth IRA. Withdrawals Withdrawing from a Roth IRA looks substantially different than withdrawing from a traditional...
by Daniel Shahwan | Aug 16, 2024 | Investments
Investing is both exciting and daunting for new and experienced investors. Behind the scenes, they are protected by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), which help ensure fair play and trust in the...
by Daniel Shahwan | Aug 12, 2024 | Economics
The Federal Reserve, or “the Fed,” has an organized structure for leading US monetary policy. Established to ensure a stable and secure monetary environment, the Fed plays a critical role in shaping US economic policy through its diverse functions. How it Works The...
by Daniel Shahwan | Aug 1, 2024 | Economics
The Federal Reserve, also called “the Fed,” is the central bank of the United States. It sets monetary policy and regulates banks. In doing so, it makes decisions that impact Americans’ money and the value of the US dollar. Financial advisors closely monitor these...
by Daniel Shahwan | Jul 11, 2024 | Trust & Estate Management
Per stirpes and per capita are two common ways of distributing assets in a will or investment account. Financial advisors can guide investors through each method to help ensure their assets will be distributed as desired. Per Stirpes Per stirpes loosely translates to...
by Daniel Shahwan | Jul 5, 2024 | Asset Management
Bankruptcy is a difficult decision, but it can be a lifeline for individuals and businesses if done properly. As a last resort, it can help individuals save their homes, and businesses save their operations. Investors familiar with the different chapters of bankruptcy...
by Daniel Shahwan | Jun 28, 2024 | Investments
Not all investing is purely individual. Three types of investment accounts allow for shared risk and reward – joint tenants, tenants by the entirety, and tenants in common. Joint Tenants with Rights of Survivorship (JTWROS) A joint tenancy is an agreement among two or...
by Daniel Shahwan | Jun 18, 2024 | Investments
Investing in precious metals like gold and silver offers a unique landscape compared to stocks. They have traditionally been used to hedge against inflation, currency devaluation, and market volatility. Gold and silver offer distinct opportunities and challenges,...
by Daniel Shahwan | Jun 14, 2024 | Investments
Investors are not limited to buying individual stocks to gain company ownership and dividends. Mutual funds and exchange-traded funds (ETFs) are two similar options to buy groups of stocks in one ticker symbol. Financial advisors use these to build diversified...
