Financial News
Family
Will vs. Trust: Is One Better Than The Other?
When it comes to planning your estate, you might be wondering whether you should use a will or a trust (or both). Understanding the similarities and the differences between these two important documents may help you decide which strategy is better for you. What is a will? A will is a legal document that lets…
Read MoreTop Financial Concerns of Baby Boomers, Generation Xers, and Millennials
Many differences exist among baby boomers, Generation Xers, and millennials. But one thing that brings all three generations together is a concern about their financial situations. According to an April 2016 employee financial wellness survey, 38% of boomers, 46% of Gen Xers, and 51% of millennials said that financial matters are the top cause of…
Read MoreIt’s The Hard Days That Determine Who You Are
In May, Facebook’s Chief Operating Officer, Sheryl Sandberg, gave the commencement speech for Berkeley’s graduation ceremony. In the speech Sandberg explores how the sudden and unexpected loss of her husband last year has impacted her life and allowed her to find a strength and gratitude she never knew before. Sandberg’s speech felt very special and…
Read MoreFour Lessons Grandparents and Grandchildren Can Learn Together
If you’re a grandparent, maintaining a strong connection with your grandchildren is important, but that may become harder over the years as they leave for college or become busier building their careers and families. While they’re just starting out financially, you have a lifetime of experience. Although you’re at opposite ends of the spectrum, you…
Read MoreChanges To Social Security Claiming Strategies
The Bipartisan Budget Act of 2015 included a section titled “Closure of Unintended Loopholes” that ends two Social Security claiming strategies that have become increasingly popular over the last several years. These two strategies, known as “file and suspend” and “restricted application” for a spousal benefit, have often been used to optimize Social Security income…
Read MoreSanta Event and Toys For Tots- 750 Children Served!
In December we partnered with the local chapter of Toys For Tots for our annual Koss Olinger Santa Event. Our team and Santa Event guests generously donated gifts for local children in need. After gathering 125 gifts at the Santa Event a number of our team members helped during distribution day where the families were…
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