When a loved one passes away, there are many financial decisions that need to be addressed. Anyone who has gone through this process will tell you that it can be overwhelming and stressful. For those who have, or will be receiving an inheritance, it is important to understand the tax implications, so you can make decisions that are consistent with your personal circumstances.
Read MoreVery few things in life are as difficult as being a long term investor! Especially when there is so much uncertainty in the world. In times like this, we believe it is important that to keep your emotions in check and focus on the opportunities of the future.
Read MoreFind out the maximum contribution limits that can be made to most retirement savings accounts including 401(k) plans, 403(b) plans, traditional and Roth IRAs for 2022.
Read MoreShould you invest in stocks at a market peak? This article explores historical results when investing at a market peak and steps you should take to increase your probability of long term success.
Read MoreIn this web presentation, Erin Campbell, CPA/PFS, CFP® discusses various tax saving strategies to consider. Among them, she discusses tax-loss and investment gain "harvesting," qualified charitable deductions (QCDs), donor advised funds and Roth IRA conversions.
Read MoreOn this episode of Finance In A Flash, we continue our series on Mid-Career Professionals by discussing Insurance. Chip and Nick discuss what types of insurance you should consider as a Mid-Career Professional, and what you should think about when determining how much insurance to purchase.
Read MoreOn this episode of Finance In A Flash, we continue our series on Mid-Career Professionals by discussing Investments. Chip and Nick discuss how you can maximize your investment strategy as a Mid-Career Professional, as well as the different types of investment accounts you should consider.
Read MoreIn this webinar, Beacon Financial Strategies’ Certified Financial Planner Professionals discuss a number of charitable gifting techniques.
Read MoreOn this episode of Finance In A Flash, Nick Faulkner interviews Erin Campbell. Erin is a Founder and Principal of Beacon and serves as the firm's Tax and Financial Planning Manager. We really hope you enjoy this episode and get to know more about Erin as she talks about her personal life, professional history, and how she came to form Beacon Financial Strategies.
Read MoreOn this episode of Finance In A Flash, Nick Faulkner interviews Chip Hymiller. Chip is a Founder and Principal of Beacon and serves as the firm's Senior Portfolio Manager. We really hope you enjoy this episode and get to know more about Chip as he talks about his personal life, professional history, and how he came to form Beacon Financial Strategies.
Read MoreThis is a replay of our live webinar held on September 29, 2021. We will discuss several “last minute” considerations associated with those who will be retiring soon.
Read MoreOn this special episode of Finance In A Flash, we interview Chip and Erin on the history of Beacon Financial Strategies. We discuss the story of Beacon, the background of how Chip, and Erin met to form Beacon and the vision of Beacon moving forward!
Read MoreThis article provides insight into a number of strategies and methods for making charitable gifts.
Read MoreParents with special needs children can face a unique set of financial challenges. However, like all financial challenges, it is important to take measures early to financially prepare for the future
Read MoreOn this episode of Finance In A Flash, Nick & Erin begin our series on Mid-Career Professionals. We discuss why Cash Flow, Budgeting, and having adequate Emergency Funds are extremely important and how they can impact your future plans for retirement!
Read MoreOn this episode of Finance In A Flash, Nick & Chip discuss the varying types of investment accounts and the pros and cons of each. Investment accounts that were discussed include; personal brokerage accounts, Roth IRAs, Traditional IRAs, and 401ks.
Read MoreOn this episode of Finance In A Flash, Nick Faulkner interviews Beacon's Planning & Operations Manager, Stephanie Murray. We really hope you enjoy this episode and get to know more about Stephanie as she talks about her personal life, her professional history, and how she contributes to Beacon's success.
Read MoreIn this episode of Finance In A Flash, we discuss the new 10-year Inherited IRA rules set forth by the SECURE Act in 2020. Chip and Nick discuss what this means for people who have inherited an IRA after 2020, and what scenarios or opportunities you should think about when withdrawing funds from your Inherited IRA.
Read MoreWithout the security of a stable paycheck, many new retirees may feel less than confident about relying on their investment portfolio to cover living expenses for the next 20 (or more) years. Research has shown that the timing of one’s retirement can be important – especially as it relates to investment returns in the early years of retirement.
Read MoreSmall business owners have a number of alternatives to choose from when it comes to establishing retirement plans for their business. Each plan type can vary in their contribution level and matching requirements, as well as their ongoing regulatory and administrative burden.
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