Cash Flow Tips for Small Businesses

It’s sad, but true: Half of all new businesses fail within the first five years. Although lots of factors contribute to business failure, a common culprit is poor cash management. All businesses must deal with the uncertainty of fluctuating sales, inventories and expenses, but managing these risks is especially important for small businesses with limitedRead more about Cash Flow Tips for Small Businesses[…]

Retirement Basics: Understanding Tax Efficiency

One of the basics in retirement is to be as tax efficient with your income as possible. In 2019, income tax rates range from 0% to 37%, plus a potential 3.8% net investment tax. Understanding how these progressive tax rates apply to ordinary income creates planning opportunities in retirement. The basic concept Many retirees haveRead more about Retirement Basics: Understanding Tax Efficiency[…]

The Roth IRA: Tax-Free Retirement Savings

If you are looking for tax-free income and more flexibility during retirement, one option to consider is investing in a Roth IRA. While Roth IRA contributions are not sheltered from current taxes like contributions to traditional IRAs, they do offer other tax benefits during retirement. The Roth IRA advantage Retirement withdrawals (including earnings) are tax-free.Read more about The Roth IRA: Tax-Free Retirement Savings[…]