financial planning

By Maura C. Schauss, CFP

In any given month, there are well over 100 nationally recognized “days” on the calendar. Some of them are days to honor people, historical events, or important causes, and others are downright silly. Amidst all the significant or odd holidays in September, there is one that we think is critical to recognize: Fight Procrastination Day!

by Todd Youngdahl, CFP®

As a university graduate myself, it is no surprise that I value higher education. However, statistics show that having a college education has an even greater impact on a person’s financial life now than it did 20 years ago when I proudly wore the blue and gold of West Virginia University.

by Todd Youngdahl, CFP®

So many of us seem to have a love/hate relationship with New Year’s resolutions. Every year, we create resolutions, only to push them to the back of our minds by April. If this scenario sounds familiar, you’re not alone. Studies show that only 8% of people are successful in achieving any of their resolutions.

Medical costs are rising, which means that unlike the past 3 years, Medicare Part B premiums are set to increase as well. However, thanks to the “hold-harmless provision,” a law which prohibits a decrease in Social Security benefits based on Medicare premium increases, you may not have to pay more, depending on your benefits and income.

As we approach the end of the year, it’s a good time to review your financial plan and take advantage of some last-minute opportunities to lower your 2015 tax bill. Some items require action before December 31st while others can wait until April 15th of 2016. In either case, it’s important to get started planning and coordinating with your financial advisor.