Having too much without having too little cash on hand at the end of the year is a great balancing act. As the year draws to a close, take the necessary time to plan so you can relax and celebrate the holidays with confidence.

Putting off planning is the most common regret among retirees today. Setting a goal for yourself and working toward it incrementally and diligently is the best way to begin boosting your retirement savings today.

As a retiree, you’ve done well for yourself and your accumulated funds are a testament to your hard work. Proper and strategic end of year tax planning will allow you to further make the most of what you have.

The right data in the wrong hands can cause a great deal of damage to your reputation and your bottom line. The best way to protect yourself from a data breach is to be aware, pay attention, and take action quickly.

Many people are feeling a disconnect between the market’s current performance and the struggling economy. On the surface, it doesn’t make sense, but this explanation may help.

Unclaimed property is money that is rightfully yours. If it seems unlikely that you have money owed to you, think again; there is a good chance you may find forgotten funds waiting for you.

Unfortunately, financial scams are growing even more prevalent these days and can cause a great deal of harm. Your best defense against financial fraud is a good offense. Keep your usernames, passwords, and account data closely guarded.

In this recorded webinar, The New College Landscape, Russell talks with Aaron Shipp of The Ivy Edge about the changing college admissions and financial aid landscapes.

While both health savings accounts and flexible spending accounts are similar in structure, they are intended for different purposes and to serve individuals differently. Do your research before deciding which is best for you.

Between higher tax rates in the future to pay for COVID relief and likely lower Social Security payments, you may want to consider a Roth conversion to get in on what may be lower tax rates now.

In this video, Russell talks with Jack Craven of Media CPAs about what you need to be aware of if you have not yet filed your tax returns, and share helpful tips on how to get the process started.

Allowing retirees to skip RMD payments can be advantageous in that it provides a tremendous opportunity for them to recoup losses from the drop in the market. So if you do not need the money to live on, you may want to let it stay put.

As parents, we all want to help our children financially and be sure they are secure. Just make sure you also teach them how to be financially independent so they are not tethered to your wallet into their adult years as well.

In this video, Russell along with guest, mental health, and relationship expert, Justin Lioi, discuss the new challenges of parenting during the current pandemic and share with you ways to manage the added stress during these unprecedented times.

Knowing how the inheritance tax works along with the basics of estate planning will provide for your family and reduce legal complexities. Having this fundamental information will also let you minimize your estate/gift tax liabilities.

While autopay is not without its problems and may not be for those that have fluctuating monthly bill amounts, it can bring a sense of relief from the tedious task of paying the bills and freedom from the consequences of forgetfulness.