The taxation of financial transactions is an often-misunderstood topic. The root cause of this lack of understanding is in large part due to the complexity of the tax code, the different types of transactions that occur in investment accounts, and the different types of investment...
Some retirement plan contribution limits are increasing in 2020. Periodically the Treasury Department raises contribution limits to keep pace with inflation. This is good news for those that like to max out their savings for retirement. For 2020, this includes almost all types of retirement...
The news has been awash the past couple days with scary headlines about the inverted yield curve. A yield curve is a graphical representation showing the yield (the expected return) an investor gets by purchasing bonds that mature at different dates in the future. Under...
How do you evaluate the services that you pay for? We recently sold a house and paid the typical 6% fee to our realtor – 3% to the listing agent and 3% to the sales agent. This seemed like a lot of money...
Pat and Jenn Sokolowski were featured in Celebrate Hilton Head & Bluffton magazine's 2019 Women in Business issue! The top female entrepreneurs in the greater Hilton Head and Bluffton area got to talk about their favorite parts of their business and what has helped make...
Many teens are starting to lock down their summer jobs. For some, it will be their first-time earning money outside of chores around the house and this is a great opportunity to teach a few valuable lessons about money. Budgeting, saving, and investing are three...
It’s hurricane season again and there is a lot to think about and do to prepare in the event that a storm takes aim at the Lowcountry. From gathering supplies, to understanding evacuation zones and routes, to preparing your property, there are many tasks to...
A few weeks ago, I met with an accounting professional. We were discussing business and talking about additional ways we add value for our clients. I mentioned that we had recommended umbrella policies to every one of our planning clients over the past year because...
Despite life insurance being widely used, many misconceptions remain. Most people do not know what type of policy is right for them or when in their lives they will need coverage. This article explains everything you need to know about the basics of life insurance....
Deposits and withdrawals from a local bank account are easy – you can go to an ATM, write a check, or stop in a branch office. But how do you handle money movement in your investment accounts? We wanted to give you a...