One of the fundamental yet often overlooked aspects of personal finance is understanding and routinely reviewing the Social Security Statement. Given its relevance to retirement planning, disability coverage, and survivors’ benefits, here is a summary of the key components: Personal Information The first thing to verify on a Social Security Statement is the personal information. […]
Month: July 2023
Portfolio Diversification with International Investments
Investing internationally provides an avenue for diversification of one’s portfolio and tap into markets that may be growing faster than US markets. By including international investments in one’s portfolio, global growth opportunities can be embraced, and risk reduced through diversification. Why Consider International Investments? As the world’s economies become increasingly interconnected, it is important […]
Making the Most of a Tax Refund: A Practical Guide
Accountants often deal with clients who receive sizeable tax refunds. This influx of cash can have a positive impact on advancing their financial goals if utilized appropriately. Here are some key strategies to consider: Emergency Funds and Savings Encourage clients to allocate part of their refund towards their emergency fund, which can cover at least […]
