You can assign beneficiaries to bank accounts just like retirement accounts. It’s called a “Payable On Death” (POD) designation. It lets you bypass probate if you pass. Funds go directly to your beneficiaries. Look in your online banking portal or ask your bank about it.

E275: The Truth About the Future of Social Security x.com/i/broadcasts/1…

One of the biggest mistakes I see people make is investing based on the "noise" from those around them. Everyone has an opinion on stocks, crypto, politics, etc. There's nothing sexy about investing every month into a mutual fund for 20 years.

One of the most overlooked benefits of working with a financial advisor is that they can help you keep accurate records of your investment activity for taxes. Tracking things like backdoor Roth IRAs, cash balance plan contributions, etc. It can help you avoid tax headaches! 🧠

As part of estate planning, be sure to configure your legacy contact setting on your online profiles, such as Apple, Google, Facebook, etc. This lets you define who can control your digital properties after you pass.

🤷♂️ Starting a business? Don’t agonize over whether you are charging enough. 💪🏼 When you’re starting out, one client that pays at a discounted rate is better than zero clients at a higher rate. 🤨 So many business owners spend so much time worrying about what to charge when

Social Security is facing financial pressure, but it’s NOT collapsing 😱 The trust fund that supports retirement and disability benefits is expected to run dry by 2034. But even then, the program won’t disappear. Because it’s funded primarily by payroll taxes, about 81% of

E276: How to Navigate Market Volatility Without Losing Your Cool x.com/i/broadcasts/1…

If you’re saving in a 401(k), there’s a good chance you’re invested in a Target Date Fund (TDF), maybe without even realizing it. So what is it? A TDF is a mutual fund designed to adjust automatically based on your retirement year. You pick a fund labeled with the year you

The Truth About the Future of Social Security elevationfinancial.com/the-truth-abou…

🐌 You would be amazed at how low-tech many parts of the financial industry are. 📝 For example, rolling a 401(k) into an IRA typically still requires mailing a paper check. ⏳ For this reason, things can take a while. 🗓️ Many account transfers can take weeks.

Risk is what’s left over after you think you’ve thought of everything.

How to Navigate Market Volatility Without Losing Your Cool elevationfinancial.com/how-to-navigat…

Don't forget about that old 401k! Leaving it in its current location is not always optimal.