Our Thinking

What should I do with my raise?

Congratulations on your raise! (Or cheers to your optimism!) Most advice on raises sounds something like this: Calculate your new budget Payoff debt Add to your emergency fund Increase your retirement contributions Do something for yourself This is solid advice if...

Making the Most of Open Enrollment

Open Enrollment for employee benefits is coming soon for most companies. It’s the perfect opportunity to review your insurance choices, investment elections, and other potential benefits. These choices can mean the difference in a few thousand dollars this year, and...

5 Tax Considerations for Retirement

When planning for expenses in retirement, it’s easy to begin thinking about travel and vacations while overlooking one significant expense: taxes. In Nationwide’s 2021 Retirement Income Survey, 41% of retirees surveyed reported wishing they had been better prepared...

Tax Credits vs. Deductions

Both tax credits and deductions reduce your tax bill. Deductions reduce your income, which in turn reduces your taxes. Credits directly reduce the taxes that you owe. Understanding the differences between them can help you make sure you’re paying the least amount of...

Teaching Your Kids to be Money-Wise

It’s not about how much money you have to pass on to your kids – it’s about teaching them to be money-wise. Sound financial knowledge can help them make smart financial decisions now, and in the future. There are key concepts and topics that create a foundation they...