American households are drowning in consumer debt, with the Federal Reserve Bank reporting a new record of over $1.13 Trillion in Credit Card debt in 2024.[1] Total consumer debt, including the largest category, mortgage debt, is also standing at an all-time high of $17.5 Trillion.[2] In our new high interest rate environment, the interest payments […]
The Tax Code is Changing. Should your Retirement Plan?
Keep your retirement plan on track by determining if a Roth is right for you. If you have been following tax reform, you know the Tax Cuts and Jobs Act of 2017 (TCJA) lowered the marginal tax rate of five brackets. You also know if nothing is done to make these tax brackets permanent, there […]