Summit Sounds Off

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

Key Retirement and Tax Numbers for 2022

March 2, 2022 | Category: Summit Sounds Off

Every year, the Internal Revenue Service announces cost-of-living adjustments that affect contribution limits for retirement plans and various tax deduction, exclusion, exemption, and threshold amounts. Here are a few... 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

Is Your Business Eligible for the Research and Development Tax Credit?

November 17, 2021 | Category: Summit Sounds Off

Has your business encountered and solved technological challenges in recent years? Maybe you invested in software development, re-engineered manufacturing processes, or performed laboratory testing. If so, then your business... Read More

Smarter Spending on Deep-Discount Days

November 17, 2021 | Category: Summit Sounds Off

Unless you complete your holiday shopping before Halloween, you might be enticed by Black Friday and Cyber Monday deals. These tips may help you save time and money. Create... Read More

Year-End 2021 Tax Tips

November 16, 2021 | Category: Summit Sounds Off

Here are some things to consider as you weigh potential tax moves before the end of the year. Defer Income to Next Year Consider opportunities to defer income to... Read More

Should You Speed Up Your Retirement Plans?

November 16, 2021 | Category: Summit Sounds Off

According to a March 2021 survey, an estimated 2.8 million Americans ages 55 and older decided to file for Social Security benefits earlier than they expected because of COVID-19.... Read More

Net Price Calculators Help Gauge College Affordability

October 21, 2021 | Category: Summit Sounds Off

Fall is the time when many high school seniors narrow their college lists and start applying to colleges. One question that is often front and center on the minds... Read More

Following the Inflation Debate

October 21, 2021 | Category: Summit Sounds Off

During the 12 months ending in June 2021, consumer prices shot up 5.4%, the highest inflation rate since 2008.1 The annual increase in the Consumer Price Index for All... Read More

Four Reasons to Review Your Life Insurance Needs

August 24, 2021 | Category: Summit Sounds Off

You may have purchased life insurance years ago and never gave it a second thought. Or perhaps you don’t have life insurance at all and now you need it.... Read More

Three Reasons to Keep Your Personal and Business Finances Separate

July 2, 2021 | Category: Summit Sounds Off

If you are launching a new venture, you may wonder whether it’s necessary to open a dedicated bank account for your business. Even if your company is established and... Read More

Decisions, Decisions: Weighing the Pros and Cons of an IRA Rollover

July 1, 2021 | Category: Summit Sounds Off

If you lose a job, switch employers, or step into retirement, you might consider rolling your retirement plan savings into an IRA. But this isn’t your only option; it... Read More

Life Insurance Beneficiary Mistakes to Avoid

June 30, 2021 | Category: Summit Sounds Off

Life insurance has long been recognized as a useful way to provide for your heirs and loved ones when you die. Naming your policy’s beneficiaries should be a relatively... Read More

International Investing: Opportunity Overseas?

June 25, 2021 | Category: Summit Sounds Off

For the past decade, U.S. stocks have outperformed foreign stocks by a wide margin, due in large part to the stronger U.S. recovery after the Great Recession. In general,... Read More

Don’t Let Debt Derail Your Retirement

June 24, 2021 | Category: Summit Sounds Off

Debt poses a growing threat to the financial security of many Americans — and not just college graduates with exorbitant student loans. Recent studies by the Center for Retirement... Read More

Considerations When Making Gifts to Children

June 24, 2021 | Category: Summit Sounds Off

If you make significant gifts to your children or someone else’s children (perhaps a grandchild, a nephew, or a niece), or if someone else makes gifts to your children,... Read More

Estimating Your Retirement Income Needs

May 17, 2021 | Category: Summit Sounds Off

You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll... Read More

Saving for Retirement and a Child’s Education at the Same Time

April 29, 2021 | Category: Summit Sounds Off

You want to retire comfortably when the time comes. You also want to help your child go to college. So how do you juggle the two? The truth is,... Read More

Growing Interest in Socially Responsible Investing

April 22, 2021 | Category: Summit Sounds Off

U.S. assets invested in socially responsible strategies topped $17.1 trillion at the start of 2020, up 42% from two years earlier. Sustainable, responsible, and impact (SRI) investments now account... Read More