As tax season is currently in full swing, many individuals are looking for ways to lower their tax bill or increase their refund before the filing deadline of April 15, 2024. For some married couples, one excellent strategy for reducing taxes and boosting retirement savings is with spousal IRA contributions. What is a spousal IRA… Continue reading →

As 2023 draws to a close, this question may be on many investors’ minds. Stock markets in the year 2020 started off on an upward trend with the S&P 500 Index increasing from a closing value of $3,230.78 on 12/31/2019 to $3,386.15 on 2/19/2020 (a gain of about 4.8% in less than two months). However,… Continue reading →

The term equity compensation is a fancy way of saying that an employee receives some form of ownership (also known as equity) in their company as a part of their payment and benefits (i.e., the compensation package). Typically, this will be just one component of how an employer compensates an employee for his or her work — it can be… Continue reading →