Tag: Cents of Self

Article
August 31, 2023
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Evolution of 529 Plans: A Transformative Journey

As the cost of obtaining a higher education continues to surge, there’s still hope for some financial relief. Several laws have enacted new tax benefits and flexibility, making 529 savings plans an even more attractive way to save for college expenses.

Cents of Self
August 25, 2023
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Unspoken Legal and Financial Issues in Divorce [On-Demand Webinar]

Going through a divorce can be an emotionally challenging and overwhelming experience. Though life doesn’t come with an owner’s manual, wouldn’t it be nice to have some guidance to help you learn what to expect during your divorce?

Article
August 16, 2023
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Divorce Help: Financial Planning and How to Regain Your Confidence

While divorce has long been associated with younger couples navigating the challenges of early marriages, a pattern is emerging, where couples are increasingly deciding to end their unions later in life.

Cents of Self
August 10, 2023
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Do I Need a Financial Advisor When I Get Divorced? | Ask a Savant Financial Advisor

A divorce may be one of the most expensive events of your life, yet few people consider working with a financial advisor as part of the process. Having an advisor in your corner can help you avoid costly financial mistakes and return to a place of financial security once the divorce is finalized.

Article
August 1, 2023
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Getting Help for Mom and Dad

Don and Marjorie, both in their late 80s, decided to move closer to their daughter, Amy. Don’s health was declining fast and Amy knew she needed to understand her parents’ financial situation quickly. She reached out to a Savant advisor for help.

Article
August 1, 2023
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Thoughts on Longevity

Ever wondered about your lifespan? It’s not a usual party topic, but for financial advisors, it’s a daily concern. Planning for life expectancy is vital in financial matters.

Article
July 20, 2023
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Summer Childcare Budgeting – FSA or Tax Credit?

Childcare comes with a hefty price tag. But there are two strategies that can help alleviate the burden during the costly summer season: employing a Dependent Care Flexible Spending Account (FSA) and using the Child Care or Dependent Care Tax Credit.

Article
July 11, 2023
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Mid-Year Retirement Planning Checklist

Now is the perfect time to revive your resolutions and financial goals. It’s never too late to refocus, regardless of the time of year. Don’t be hard on yourself if you haven’t made as much progress as you expected. Remember, you did your best and now you’re ready to get back on track!

Article
July 6, 2023
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Student Loan Payments to Resurface This Fall

Last Friday’s Supreme Court ruling on student loan forgiveness affected more than 45 million borrowers with upwards of $1.6 trillion in federal student loan debt. But some borrowers who work with financial advisors may be better prepared to restart loan payments later this year.

Article
July 6, 2023
Considering Divorce

Considering Divorce? How a Financial Advisor Can Help

Overall, the rate of divorces in America is falling, but it’s increasing among couples age 50 and over. The divorce process has many moving parts, and you’ll want to consider working with a team of professionals.

Article
June 21, 2023
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Overcoming Your Money Blocks

Shedding light on money blocks can make them more manageable, enabling you to quickly identify, assess, and overcome them. Like anything in life, practice is essential, but imagine the possibilities if you consistently make progress toward your goals.

Article
June 15, 2023
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Navigating the Widow’s Tax Penalty: Financial Strategies for Surviving Spouses

If losing a spouse weren’t bad enough, the financial implications can add insult to injury. The Widow’s Tax Penalty refers to the increased tax burden that surviving spouses may face after the loss of their partner, and while the name sounds like only women are affected, either spouse can face this challenge.