Unbiased financial advice from fee-only financial planners

Brought to you by the National Association of Personal Financial Advisors

1
Mothers Need to Be Aware of Family Finance and Investments
2
For Before You Get Married, Financial “To Do List”
3
Investing Your 401k – a 2-step plan
4
Managing and Paying Off Student Loans
5
What to Do When You Have Employer Stock in Your Retirement Plan

Mothers Need to Be Aware of Family Finance and Investments

Mother Hugging DaughterThe Washington Post interviewed Kimberly Palmer, author of Smart Mom, Rich Mom: How to Build Wealth While Raising a Family. Palmer wanted to write a book specifically for mothers because she feels as if women with children get shortchanged when it comes to financial advice. She wanted to go beyond coupon codes and discounts to help women with big-picture issues like college and retirement savings, insurance, and workplace policies.

Palmer encourages married mothers to be aware of family finances and investments. The former senior money editor at U.S. News & World Report admits that there was a time when …

Read More

For Before You Get Married, Financial “To Do List”

For a variety of reasons, far too many marriages end in divorce. Relationship counselor Peter Saddington says that money issues are the number one cause of divorce and according to a survey of Certified Divorce Financial Analyst® professionals, money issues are the third leading cause of divorce.

No matter where “money issues “ falls on the list of primary causes …

The post For Before You Get Married, Financial “To Do List” appeared first on Chamberlain Financial Planning & Wealth Management.…

Read More

Investing Your 401k – a 2-step plan

If you’re like most folks, when you look at a 401k plan’s options you’re completely overwhelmed. Where to start? Of course, the starting point is to sign up to participate – begin sending a bit of your paycheck over to the 401k plan. A good place to start on that is at least enough to get your employer’s matching funds, however much that might be. In this article though, we’re looking at investing your 401k money. It’s not as tough as you think. In fact, it can be done in just two steps – taking no more than 30-45 minutes …

Read More

Managing and Paying Off Student Loans

A couple of weeks ago, I posted an article here entitled “A College Education Still Pays” despite the growing student loan burden. If you already owe money on student loans, this article follows up and suggests ways to manage and pay off your student loans.

Actively managing your debt is an important step, and your student debt may be one of the biggest financial obligations you have. There are many strategies that could help you manage student loans efficiently. Here is a checklist:

  • Choose a federal loan repayment plan that fits your circumstances:
    • The Graduated Repayment Plan starts
Read More

What to Do When You Have Employer Stock in Your Retirement Plan

This article was originally published by Vid Ponnapalli on

logo_small

You changed jobs. You have funds in your ex-employer’s retirement plan that includes some employer’s stock. What should you do? Roll the funds tax-free to an individual retirement account? This may not be the best move in all cases, especially not if your employer stock has appreciated significantly.

Thanks to an often overlooked tax concept called “net unrealized appreciation” (NUA), here is a strategy that could be financially more beneficial to you: Instead of rolling over to an IRA, take an in-kind distribution of the stock. In other words, move the …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login