Legacy Planning: Designating Your Beneficiaries | Suzanne Himes, CFP® & Steve Carlson According to the Investment Company Institute, total US retirement assets exceed $23 trillion, mostly in employer-sponsored retirement plans and IRAs. How these assets transfer to the next generation is a very important part of the financial planning process. Typically, these assets will pass
Risky Business | Suzanne Himes, CFP® Why do we talk so much about risk assessment? The financial markets are always reacting to a variety of global events and this volatility can be unnerving for individual investors, especially if investing without first understanding one’s personal risk profile. So, how do you begin to decide how much
One of the provisions of the CARES Act signed into law last month that has received the most press is the economic impact payments. These payments, also referred to as stimulus checks or recovery rebates, are desperately needed by many individuals at this time and are estimated to eventually reach over 90% of taxpayers. But
Opportunity Alert! The CARES Act impact on retirement plan distributions in 2020 Are you planning on a retirement account distribution this year? Whether you had planned on required distributions but wish you could leave funds alone, or you now need a distribution to make financial ends meet, the CARES Act has some very important
Expecting a new child is certainly a life-changing event. Along with the excitement and blessings of family, that new life has important financial implications. Certified financial planner Suzanne Himes, with Asset Planning Corporation, is here to discuss some of the changes that growing families should consider. SUZANNE, THIS REALLY IS A SIGNIFICANT
This past week was designated as America Saves Week, which is an annual call to action for everyday Americans to commit to saving successfully. In honor of this event, which is now in its 13th year, certified financial planner Suzanne Himes is here with some tips and strategies for our own savings goals.
According to surveys, more than half of American adults don’t have a Last Will and Testament. While the reasons for this vary, one stumbling block can be choosing an executor. Suzanne Himes, lead financial planner at Asset Planning Corporation, joins us with what to consider in selecting someone for this important role.
Fair Isaac Corp, commonly known as FICO, recently announced that a new version of their credit scoring model will be available later this year. FICO scores are used by 90% of lenders to assess an individual’s credit risk. Certified financial planner Suzanne Himes, with Asset Planning Corporation, is here with more information on this important
It’s a popular time of year for annual job performance reviews and corresponding pay raises. Along with celebrating this good news, it’s wise to think about how that increase in income can impact multiple financial decisions. Certified financial planner Suzanne Himes, with Asset Planning Corporation, has some of the changes to consider when our paychecks
According to surveys, adults in the U.S. have used the same checking account for 16 years on average and 40% of all Americans have never switched banks at all. But is that loyalty really what’s best for you and your money? Certified financial planner Suzanne Himes, with Asset Planning Corporation, is here to discuss what