This update summarizes the developments of the most massive stimulus bill in American history, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act will provide billions of dollars of relief to individuals, businesses, state and local governments, and the health care system suffering the impact of the COVID‐19 coronavirus in the United [...]
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So far Tom Scanlon has created 24 blog entries.
A Health Savings Account (HSA) is among the most flexible tax-advantaged savings tools available today. Among the key attributes of HSA plans are that they provide their users the ability to save for future healthcare expenses and also provide another method to help investors save for their retirements in a tax-deferred way. What is a [...]
You work hard, save, and take care of your money throughout your life. Therefore, you also need a good plan in place for estate taxes and inheritances to ensure your money goes where you want it to after you pass on. Follow along below to better understand the basics of how estate and gift taxes [...]
Historically, traditional asset classes such as stocks (equity), bonds (fixed income), and cash have been the primary tools used to build a diversified portfolio. Stocks provide the opportunity for long-term growth, while bonds have typically preserved investor capital and provided current income in the form of regular interest payments. As we have highlighted in previous [...]