When investing for long-term goals, it is important to consider the effects of inflation on your investment returns. Over time, inflation can erode the value of an investment; even today’s moderate inflation rate can have a large impact on the purchasing power of your money over 20 or 30 years. What is inflation? Inflation is the rising price of goods and services. The most commonly referenced ...
PKS Investment Advisors, LLC is pleased to announce that Steven E. Sweigert has earned the Chartered Retirement Planning Counselor (CRPC®) designation. In order to become a CRPC®, Steve has met a stringent set of criteria and passed a rigorous exam administered by the College for Financial Planning. Individuals who hold the CRPC® designation have completed a course of study encompassing pre-and...
A vacation home is a significant investment that can pay off in fun and value. Here’s a look at things to consider when shopping for investment real estate. Although investment value should not be your primary motivation in buying a vacation home, it is wise to keep value in mind before deciding whether to buy or rent: If you’re looking for just a few weeks of vacation a year, it’s probably ...
Today’s American way of financial life relies on debt as a way of solidifying a desired lifestyle. Therefore, it is important to establish a good credit history if you intend on making more substantial, debt-financed purchases in the future. Credit reporting agencies, also known as credit bureaus, gather detailed information about how consumers use credit. Businesses that grant credit regularly ...
PKS Investment Advisors, LLC is pleased to announce that Gigi G. LeKites has earned the Chartered Retirement Planning Counselor (CRPC®) designation. In order to become a CRPC®, Gigi has met a stringent set of criteria and passed a rigorous exam administered by the College for Financial Planning. Individuals who hold the CRPC® designation have completed a course of study encompassing ...
Your 401(k) plan may be your key to a comfortable retirement. This article explains the fundamental features of 401(k) plans and their benefits. A 401(k) plan provides a convenient vehicle for saving for retirement, allowing you to contribute up to $18,000 in 2015 and additional amounts if you're aged 50 or older. There are two types of 401(k) plans: traditional and Roth-style plans. Traditional ...
Deciding when to begin receiving Social Security benefits is a major financial issue for anyone approaching retirement because the age at which you apply for benefits will affect the amount you'll receive. If you're married, this decision can be especially complicated because you and your spouse will need to plan together, taking into account the Social Security benefits you may each be entitled ...
Included in the Affordable Care Act (ACA) is the creation of a Health Insurance Exchange or Marketplace through which individuals and families can compare health insurance policies and purchase coverage. The ACA also provides premium tax credits and cost-sharing subsidies to help reduce the cost of premiums and out-of-pocket expenses for health coverage. Tax credits available through Health ...