If you’ve saved a substantial amount in a tax-deferred retirement account, it will no doubt be instrumental in retirement. The next step is to strategize how you’ll use those savings. There are several important things to know about your 401(k), such as how much you...

We’ve seen increased government spending due to the COVID-19 pandemic and will likely see more in the near future. This could mean a much larger tax bill later on. There are many long-term tax minimization strategies that you should consider: Capital Gains Tax...

The Consumer-Price Index (CPI) rose to 4.2% in April as compared to last year. (1) We could see higher prices when it comes to travel, food, cars, and other common goods and services. High inflation can hurt retirees who are living off their savings, especially when...

In retirement, you have to transition from saving to spending. You’ve worked hard to amass wealth, and now you must protect it from market downturns and make it last for the rest of your life. We have seen record highs in the stock market recently, but the state of...

If you own something and you love somebody, you need an estate plan. An estate plan is much more than just a tax plan. An estate plan includes how are you taken care of while you are alive, and then how things are handled at your death. An estate tax plan focuses on...

There’s evidence to suggest that we might be experiencing historically low tax rates right now. The Tax Cuts and Jobs Act will expire in 2025 or possibly sooner if there’s a leadership change in Washington. By the end of the year, total government debt is expected to...

We’ve seen increased government spending due to COVID and significant increases in government debt. Some economists theorize that this could lead to increased inflation, and many claim that we are already seeing the effects. Although the official inflation rate may...

The Biden administration has already spent $1.9 trillion on COVID relief and has plans to spend trillions more on infrastructure projects, Medicaid expansion, education, and climate investments. In order to fund these projects, the administration has proposed several...

*This article was originally shared with our team by National Gold Consultants, the company we use for the gold and silver needs of our clients. For more information about how gold and silver may fit into your Financial House, call our office at (435)773-9444 and...

Even though most people look forward to retirement, some forget that losing the structured routines, sense of purpose, and social interactions from having a job can lead to a difficult transition. During the past year, many have realized that never going into the...