Takeaways If you have a child with a disability, there are several advantages to converting your traditional IRA to a Roth IRA. These benefits include tax-free withdrawals that will last over the course of your child’s lifetime. The sooner you complete the Roth...
In October 2024, the National Council on Disability (NCD) released its annual progress report on national disability policy. The report covers developments in disability policy and law from the past year. It highlights recent advancements as well as ongoing...
A special needs trust (SNT) and an Achieving a Better Life Experience (ABLE) account each provide a tax-free way for people with disabilities to save money. Both options provide a mechanism for saving money and protecting resources that ensures the disabled individual...
How Does the Fed Set Interest Rate Policy? Welcome to the fascinating world of economics where numbers dictate the ebb and flow of our everyday lives. One of the major players in this song and dance is the Federal Reserve – often referred to simply as the...
Last week, we asked our LinkedIn network what financial questions were keeping them up at night. While we received a nice collection of topics via email that will provide fodder for future posts, we received one that was particularly relevant after a personal...
SERVICEMEMBERS’ GROUP LIFE INSURANCE (SGLI) Beneficiary Designation If you are a military member with SGLI, please take a moment to read this public service announcement. Last week I spoke with an Air Force squadron commander about SOES (SGLI Online Enrollment...
