When your local weather forecaster tells you that it's going to rain, what do you do? That's easy--you reach for your umbrella. So why not purchase an umbrella that can protect you in stormy financial weather? Umbrella liability insurance (ULI) can do just that. By...
Suzanne Hornick
Legacy Planning: Designating Your Beneficiaries
According to the Investment Company Institute, total US retirement assets exceed $23 trillion, mostly in employer-sponsored retirement plans and IRAs. How these assets transfer to the next generation is a very important part of the financial planning process....
Risky Business
Why do we talk so much about risk assessment? The financial markets are always reacting to a variety of global events and this volatility can be unnerving for individual investors, especially if investing without first understanding one’s personal risk profile. So,...
CARES Act Economic Impact Payments: Great Expectations
One of the provisions of the CARES Act signed into law last month that has received the most press is the economic impact payments. These payments, also referred to as stimulus checks or recovery rebates, are desperately needed by many individuals at this time and are...
How The CARES Act Will Impact Retirement Plan Distributions
Opportunity Alert! The CARES Act impact on retirement plan distributions in 2020 Are you planning on a retirement account distribution this year? Whether you had planned on required distributions but wish you could leave funds alone, or you now need a distribution to...
Financial Changes To Consider When You Have Kids
Expecting a new child is certainly a life-changing event. Along with the excitement and blessings of family, that new life has important financial implications. Certified financial planner Suzanne Himes, with Asset Planning Corporation, is here to discuss some of the...
What You Need To Know To Keep Savings on Track
This past week was designated as America Saves Week, which is an annual call to action for everyday Americans to commit to saving successfully. In honor of this event, which is now in its 13th year, certified financial planner Suzanne Himes is here with some tips and...
How to Choose An Executor For Your Will
According to surveys, more than half of American adults don’t have a Last Will and Testament. While the reasons for this vary, one stumbling block can be choosing an executor. Suzanne Himes, lead financial planner at Asset Planning Corporation, joins us with what to...
What You Need To Know About FICO Scores
Fair Isaac Corp, commonly known as FICO, recently announced that a new version of their credit scoring model will be available later this year. FICO scores are used by 90% of lenders to assess an individual’s credit risk. Certified financial planner Suzanne Himes,...
Financial Planning After A Pay Raise
It’s a popular time of year for annual job performance reviews and corresponding pay raises. Along with celebrating this good news, it’s wise to think about how that increase in income can impact multiple financial decisions. Certified financial planner Suzanne Himes,...