Summit Sounds Off

Hello? Is that you, IRS? How to Avoid Being Scammed

October 13, 2022 | Category: Summit Sounds Off

With phone and in-person scams saturating the country, the IRS has released information to help taxpayers understand how and why agency representatives may reach out. Almost always, the IRS... Read More

Roth IRA Conversions: A Technique to Consider in Down Markets

July 6, 2022 | Category: Summit Sounds Off

The first half of 2022 has been fraught with inflation, supply chain issues, higher rates and a war between Russia and Ukraine. All these factors have led to market... Read More

Raising Money-Smart Teens

May 12, 2022 | Category: Summit Sounds Off

As teens look forward to summer activities, especially those that cost money, the next few months might present an ideal opportunity to help them learn about earning, spending, and... Read More

Going Green: A Fast-Growing Corner of the Global Bond Market

April 21, 2022 | Category: Summit Sounds Off

Green bonds are debt instruments that corporations and governments can use exclusively to finance major climate-related or eco-friendly initiatives. Global issuance of green bonds reached a record $523 billion... Read More

Planning to Quit Your Job? What to Know Before You Go

April 21, 2022 | Category: Summit Sounds Off

About 4.3 million U.S. workers quit their jobs voluntarily in December 2021, after a record 4.5 million quit in November — the largest number since the Bureau of Labor... Read More

Working While Receiving Social Security Benefits

April 13, 2022 | Category: Summit Sounds Off

The COVID-19 recession and the continuing pandemic pushed many older workers into retirement earlier than they had anticipated. A little more than 50% of Americans age 55 and older... Read More

Splurge or Save? Making the Most of Your Income Tax Refund

April 13, 2022 | Category: Summit Sounds Off

The IRS issued more than 128 million income tax refunds for the 2020 filing season, putting $355.3 billion into the hands of U.S. consumers.1 For most recipients, such a... Read More

Play Ball! Baseball Lessons Applied to Your Finances

April 13, 2022 | Category: Summit Sounds Off

Baseball stadiums are filled with optimists. Fans start each new season with the hope that even if last year ended badly, this year could finally be the year. After... Read More

Fighting the Erosion of Inflation

January 12, 2022 | Category: Summit Sounds Off

For financial advisors tasked with guiding their clients through financial independence, inflation is public enemy number one. Much like ocean waves relentlessly pounding the beachside cliffs, so is the... Read More

College Prep 101: The Importance of Adding a Durable Power of Attorney and a Health Care Directive to Your To-do List

September 4, 2018 | Category: Summit Sounds Off

The “to-do” list for sending a child off to college might seem virtually endless—registration, shopping, dorm decorating, goodbyes (sniff, sniff). Probably the last thing on any parent’s mind before... Read More

Gray Divorce – Financial Considerations

August 7, 2018 | Category: Summit Sounds Off

Although divorce is a difficult transition at any age, divorce at or near retirement carries distinct financial uncertainty. Preparing for the cost of two separate retirements with a limited... Read More

It’s Time for Baby Boomer RMDs!

March 21, 2018 | Category: Summit Sounds Off

It’s Time for Baby Boomer RMDs! In 2016, the first wave of baby boomers turned 70½, and many more reach that milestone in 2017 and 2018. What’s so special... Read More

The Retirement Income Challenge

October 18, 2017 | Category: Summit Sounds Off

At its core, retirement is a lifetime income challenge. When someone quits working, their lifestyle still requires monthly expenditures, but the corresponding paycheck disappears. Replacing that paycheck is the... Read More