In the 1970’s the Employee Retirement Income Security Act (ERISA) created a new set of retirement strategies from 401(k)s to IRAs. Many of these retirement plans gave an individual the ability to defer taxes on contributions and growth that occurred within the retirement account until […]
Read MoreMore Yield, More Tax (Sometimes): The Taxation of Fixed Income Investments
With Fed rate increases over the last 18 months, we now have a whole slew of fixed income investments that offer very attractive yields. Interest rates were so low for so long that many investors forgot that the interest from fixed income investments is generally […]
Read MoreThe Rise of CDs: What You Need to Know Before Investing
Throughout my career, I’ve frequently encountered clients asking the elusive question: “Isn’t there somewhere I can get a 5% return with no risk?” Unfortunately, for the longest time, the answer had always been a disappointing “no.” With persistently low interest rates, the opportunity for substantial […]
Read MoreTreatment vs Prevention: An Ongoing Choice
As many clients know, my girlfriend is in the medical industry. The other day we were having a conversation about treatment & prevention of skin ailments. While treatment must occur for existing ailments, taking preventative action to avoid future illness can save a patient tremendous […]
Read MoreThe Debt Ceiling: A New Perspective on an Old Debate
It’s that time of the political cycle again, folks. The ongoing, never ending, and never resolved debate about the U.S. debt ceiling is making its way back into the news. Of course, politicians will never waste a good crisis as a way to further their […]
Read MoreChip Bromley Interviewed by Money Geek!
Today we’re excited to share that Chip Bromley, one of iNNOVA’s principals, was interviewed by Moneygeek.com! Below is his interview and a link to the entire panel’s conversation around debt! Expert Insight on Coping With Debt Chip Bromley, AIF, CAIA Principal at iNNOVA […]
Read MoreSecure Act 2.0 – Key Highlights
Just before the Christmas holiday, President Biden signed into law the Secure Act 2.0. This was just a portion of the $1.7 trillion (yes, with a ‘T’) spending package, and has some significant changes to retirement savings strategies. Here are some key highlights: Automatic […]
Read MoreTerm vs Whole Life Insurance. Which Should You Have in Place?
As a product that goes hand in hand with our untimely demise, life insurance isn’t exactly a fun topic to dwell on for too long! Still, it’s perhaps the most important piece of asset protection that we can put into place, so it’s worth our […]
Read MoreImportant Changes for 2023
As I’m sure everyone is aware, we’ve seen an historic increase in inflation during 2022 and while no one is happy paying higher prices there are a few silver linings to explore. To start, tax bracket changes could increase post-tax income in 2023 as thresholds […]
Read More4 Smart Money Decisions During A Down Market
Most investors understand the stock market is having a difficult year. But some investors are less aware of the fact that 2022 is shaping as one of, if not the worst year on record for fixed income investments and balanced portfolios also. Traditional guidance would […]
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