Self-Employed Retirement Savings
Self-employed individuals inherently make a lot of decisions on a daily basis. One decision that can seem daunting but should not be overlooked is what type of retirement plan to utilize. As a self-employed individual, saving for retirement can be difficult. The potential of fluctuating income, , higher health care costs, and everyday expenses of […]
Six Considerations Before Buying a Second Home
Buying a second home can be an alluring prospect. Before you decide to purchase one, there are several items to consider. These include the costs associated with owning a second home, the attributes of the home, its rental potential (if you plan to rent it out when you are not using the property), and the […]
Financial Tips for College-Bound Students
Another summer is quickly coming to an end and many families are entering back-to-school season. As your college-bound child prepares for a new school year, here are some reminders and tips to help support them in building a strong financial foundation. These are just a few of the things parents and students should consider as […]
Planning some spring purchases? Here are some financing options to consider
With spring upon us it can be a busy time for everyone, and some of that spring fever can impact your pocketbooks. Did staring at the four walls of your home over the winter spur some thoughts about wanting to upgrade your home with a kitchen remodel, putting in a new patio out back, or […]
Six Things to Consider Before You Change Jobs
You may have heard recent conversation around “The Great Resignation,” witnessed colleagues change companies, or seen friends pursue new opportunities lately. We are currently experiencing a great shift in the workforce as people leave their current jobs for new positions offering greater flexibility, better pay, or a more positive company culture. If you are considering […]
Have You Received Employee Stock Options?
If you work for a large public company or a brand-new startup, you may find yourself receiving at least some of your compensation in the form of stock and/or options grants. These benefits are meant to reward key employees, promote employee retention, and let employees share in a company’s success. The most common form of […]
The Value of an Advisor: 2021 Update
At JNBA, we’re confident that one of the major reasons our independent fee-only firm has thrived over the past four decades is the value we provide to our clients. We are dedicated to being our clients’ irreplaceable partners — since we started tracking in 2001, we’ve earned a 97% client retention rate. And we’re continually […]
What is the difference between a health savings account (HSA) and a flex spending account (FSA)?
Healthcare costs can be expensive, even for the healthiest people. Even if you have health care insurance, you may want to take advantage of other options for saving for medical expenses not covered by insurance. Outlined below are some of the differences between the two most common accounts offered to individuals and families, health savings […]
Who Do You Rely on for Financial Advice?
Who do you turn to when you need financial advice? According to a recent survey by the National Financial Educators Council (NFEC), more Americans (40 percent) rely on parents, family members, friends, or coworkers for financial guidance than turn to financial professionals (36 percent). “When people have trusted professionals to whom they can turn when […]
Credit Score Basics That Can Make a Big Impact on Your Financial Health
It’s difficult to imagine functioning in today’s world without credit. Whether buying a car or purchasing a home, credit has become an integral part of our everyday lives. Having easy access to credit goes hand in hand with having a good credit score, so it’s important to know how to maintain a positive credit score […]
