Big Medicare Updates Coming Soon?

The Inflation Reduction Act, signed into law in August 2022, focuses on two primary things. The first is climate change, by virtue of several tax credits and incentives for businesses and consumers to redirect their funds to more energy-efficient options. The second involves making Medicare-related changes, and that’s the piece we’ll focus on here.

Continue reading “Big Medicare Updates Coming Soon?”

The Most Common Regrets About Retirement

Interest Rates vs. Inflation

The battle between interest rates and inflation is far from over. If the government continues raising interest rates to keep inflation in check, the resulting high rates will keep dragging down the economy. Continue reading “The Most Common Regrets About Retirement”

The Four Basic Parts of Creating an Investment Portfolio

Do you know what kind of investor you are? How do you plan to reach retirement with enough money to live the lifestyle you want? Today, Nelson Financial Planning will review the four basic parts of creating a successful investment portfolio. It’s a full-circle conversation that will take you from your early days of investing to your later years in retirement. Continue reading “The Four Basic Parts of Creating an Investment Portfolio”

How Important are New ESG Funds?

The government makes changes to retirement plans every year. In 2022, we’re seeing a big push toward annuities within 401K platforms. Continue reading “How Important are New ESG Funds?”

Are We Halfway Through a Recession?

Stagflation—what is it? Is it coming? Is it already here? How can we fight it? Continue reading “Are We Halfway Through a Recession?”

How COVID Impacted the IRS and Your Taxes!

Thanks to the COVID-19 pandemic, this was the first time in three years that we had to meet a mid-April deadline to file our taxes. Continue reading “How COVID Impacted the IRS and Your Taxes!”

Is it Too Late to Refinance?

What a Difference Slight Mortgage Rate Changes Can Make!

The average single-family home in America appreciated nearly 55 percent over the past five years ending December 31, 2021. Continue reading “Is it Too Late to Refinance?”

Inflation is Coming! – Ways You Can Plan for Increased Prices

These days, inflation stares you in the face every time you fill the gas tank or go to the grocery store. Continue reading “Inflation is Coming! – Ways You Can Plan for Increased Prices”

401K Changes in 2022

401K Changes in 2022

Retirement plans change every year. Here’s how three major changes and one potential change are affecting 401K platforms in 2022. Continue reading “401K Changes in 2022”

How 1031 Exchanges Can Save You Money!

What is a 1031 Tax Exchange?

A 1031 Exchange is a method of deferring capital gains taxes on the sale of a rental property or other real estate investment. Continue reading “How 1031 Exchanges Can Save You Money!”