Whenever a new year approaches, people tend to evaluate different components of their lives and come to various conclusions about what they would like to change “next year.” Whether it’s to lose a few pounds, exercise more or perhaps spend more time with the family, these resolutions are usually admirable goals. Planning your finances for the upcoming year is no different. An assessment of your financial situation is the first step in moving forward with new or altered goals. Using accounting terminology - scary, I know - accomplishes this very well actually. Every household has... Read more

One of the more common questions I am asked is, “What should I do with my 401K?”  Normally, the question is tied to a particular event. In today’s society people are switching jobs and careers more than ever. Congress has recognized this fact, and has created a series of laws which allow a certain level of portability when it comes to retirement savings. But, with portability comes complexity. Evaluating when and what to do with your retirement savings when you change jobs, get laid off, or hopefully retire, can be confusing. When moving your 401K, there are several steps you... Read more