What Determines a Long-Term Investment?
As retirement investment advisors, we will tell you that confident commitment is at the core of long-term investing. A standard definition of an investment in the financial world is an asset that generates the potential for income or appreciation over a certain time. There are few things in life as important as making suitable investment […]
Are There Any Silver Linings to Rising Inflation?
A hodgepodge of economic factors has gotten us to where we are today. In retrospect, we are now experiencing some of the highest inflation in decades. As people worry about a potential recession, we are here to help you stay calm amidst the unknown and plan for all outcomes. To address the top concern for […]
What Homebuyers Need to Know as Inflation Continues Rising
Rising inflation results in higher prices around every corner, especially in the housing market inferno. If you are currently looking to buy a new home, Financial Advisors in Bountiful, UT, are here to inform you of what you should be aware of to plan and purchase wisely. Even though houses are priced above average, the […]
How to Choose a Financial Advisor
A financial advisor is a catch-all term used to describe a variety of professionals. Financial advisors can serve individual clients across the spectrum of wealth, businesses of all sizes, and even institutions and government bodies. There are literally dozens upon dozens of different types of advisors, each with their own specialties, skills, and expertise. If […]
Three Steps to Execute a Backdoor Roth IRA
A Roth IRA is an excellent way for people to save for their retirement and not have to worry about paying additional taxes in the future. However, it is directly accessible to only a handful of savers. Those who earn above the income limit must execute a backdoor Roth IRA in order to enjoy the […]
Roth IRA Rollover Methods
The Roth IRA is one of the most useful retirement vehicles available, but many retirement savers don’t start with one as their first account. A traditional IRA or 401(k) are the primary retirement vehicles for many Americans, providing tax-deferred savings on contributions. If you contribute to your IRA or 401(k), you can write off the […]
Backdoor Roth Taxes: What You Should Consider
When it comes to creating a backdoor Roth, the first thing many people take into consideration is backdoor Roth taxes – and rightly so. There are many instances in which an individual might want to open a Roth IRA. These accounts come with a host of perks, including the opportunity to withdraw funds tax-free. However, […]