Who's Your Person?

By: Kate Hennessy

If I’ve learned anything over the past five months - life is unpredictable.  I’ve come to appreciate the importance of focusing on what’s within your control, because there’s a whole lot of life that is out of our control.  Although I do not take life or my family for granted, it wasn’t until recently that I asked myself “who’s my person?” You may be scratching your head thinking, what is she talking about?  By definition for this article – “a person” is someone that can step in and help wh

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Tax Loss Harvesting

By: Kate Hennessy

Tax loss harvesting is the practice of selling an asset in your taxable investment account that has experienced a loss and replacing it with a similar asset to maintain the overall allocation within your portfolio. By realizing, or “harvesting,” the loss you are able to offset taxes on both gains and income.

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Tax Deadlines Extended to July 15, 2020

By: Susan Powers

In March, the Treasury Department and Internal Revenue Service announced the deadline to file and pay taxes is automatically extended from April 15, 2020, to July 15, 2020 in an effort to give taxpayers more time to deal with their taxes amid the coronavirus outbreak.

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Protect Yourself From Yourself

By: Kate Hennessy

As schools closed, people around the world began adjusting to a new norm of “social distancing.”  These measures were adopted to stem the spread of the Coronavirus and guard against its economic impact.

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What Does Being "Rich" Actually Mean?

By: Patrick Cote

What does being “rich” actually mean?  I was recently asked this question by a client when we started talking about HENRYs (High Earners, Not Rich Yet).  It is a great question and the answers will vary from person to person.  Please note that we are talking about being financially rich, as there are other aspects of our lives that can also be rich.

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A Closer Look at The SECURE Act

The SECURE Act became law on December 20, 2019 and the intent of this new law is to strengthen retirement security.  Having enough income in retirement is an important concept in financial planning.  When we work with our clients and ask them what financial success means to them, the overwhelming response is security - knowing they will not outlive their assets. 
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What the SECURE Act Means For Individuals and Small Business Owners

By: Susan Powers

The new Setting Every Community Up For Retirement Enhancement (SECURE) Act was just signed by President Trump on December 20,2019.  For individuals and small business owners, there are several ways the SECURE Act may affect you.  Highlighted below are a few of the ways the new legislation will impact IRA and employer plan withdrawal options and new rules for small businesses starting a retirement plan effective January 1, 2020. 

IRA and Employer Plan Withdrawals

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Are You a DIY?

By: Kate Hennessy

With the new year and new decade upon us, one of your resolutions may be to save more or get your financial house in order.  I wanted to kick off the year with the top three reasons why people don’t ask an expert for help with their finances.  For those of you that haven’t hired an advisor, one or more of the reasons may resonate with you.

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