Retirement contribution limits can change each year due to inflation. In 2023, the changes are more significant because of higher inflation in 2022.
The frustrating truth is it depends on the situation. Learn the questions you need to ask your financial advisor to see if the change benefits you.
Yes, cryptocurrency losses are tax deductible. If you hold a loss in cryptocurrency, it’s in your interest to sell up to the extent you have gains elsewhere.
Should you invest during a recession? Often if you're the one asking the question, the answer is yes. It can be a very good time to invest.
Brian & Chris Cooke were named the #1 & #2 Best-In-State advisors in Indiana, as well as being named among the Top 250 advisors in the country for 2021. Forbes/SHOOK has ranked Cooke Financial Group the #1 Best-In-State advisor in Indiana for four consecutive years: 2018, 2019, 2020, and 2021.
There are many options in the market when it comes to investing your savings. If you have a background in finance and understand the markets, then you may very well create your own portfolio custom tailored to your financial goals.
A 401(k) is a retirement plan that allows employees to set aside a portion of their pre-tax earnings (regular 401k). This “payroll deferral” money can be invested in a variety of investment funds within the 401k plan, and the earnings on the investments are not taxed until the employee withdraws their money (generally at or after retirement age).
Considering private wealth management services? Learn what the difference is between financial advisors and wealth management companies in this article.
To understand how much money you need to hire a wealth manager, it helps to understand the difference between a wealth manager, financial planner, and a financial advisor.