Financial Planning Articles
Submitted by The Baran James Company, Inc. on March 18th, 2021
If you have a child graduating from high school or college and entering the workforce, they may have the opportunity to open up a 401(k) through their new employer. In some cases, that employer will also offer matching contribution funds up to a certain percentage.
Submitted by The Baran James Company, Inc. on March 18th, 2021
If you and your spouse are making plans to retire, you’re probably wondering whether it’s a good idea to retire at the same time. Many couples go through the same thought process and, in fact, one in four couples quit their jobs within a year of each other.
Submitted by The Baran James Company, Inc. on February 11th, 2021
If you are retired and have reached your seventies, you may have the opportunity to draw a little less income from your retirement savings accounts in 2022.
Submitted by The Baran James Company, Inc. on February 11th, 2021
Financially, many of us associate April with taxes – but we should also associate December with important IRA deadlines.
December 31, 2021 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts.
Submitted by The Baran James Company, Inc. on January 11th, 2021
Even the most seasoned investors are prone to their influence.
Investors are routinely warned about allowing their emotions to influence their decisions. However, they are less routinely cautioned about their preconceptions and biases that may color their financial choices.
Submitted by The Baran James Company, Inc. on January 11th, 2021
Some life and financial factors that can sometimes be overlooked.
We all have our “blue sky” visions of the way retirement should be, yet our futures may unfold in ways we do not predict. So, as you think about your “second act,” you may want to consider some life and financial factors that can suddenly arise.
Submitted by The Baran James Company, Inc. on December 9th, 2020
With the Federal Reserve keeping interest rates at or near zero, you may wonder about your mortgage. Is it a good time to refinance or even pay off the debt entirely? After all, your mortgage is one of the biggest expenses you may have in life, so why not rid yourself of that debt as soon as possible?1
Submitted by The Baran James Company, Inc. on December 9th, 2020
On October 26, the Treasury Department released the 2021 adjusted figures for retirement account savings. Although these adjustments won’t bring any major changes, there are some minor elements to note.
Submitted by The Baran James Company, Inc. on November 3rd, 2020
The goal for your saving plan is up to you. Some people enjoy travel or the latest electronics. Others may save for school or a home purchase. While there are a thousand ways to spend your money, there’s only one way to save it — stick to the plan.
Submitted by The Baran James Company, Inc. on November 3rd, 2020