Summit Sounds Off

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

Tax Filing Information for Coronavirus Distributions

February 23, 2021 | Category: Summit Sounds Off

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The legislation included a provision that allowed qualified retirement plan participants and IRA account holders... Read More

Test Your Knowledge of College Financial Aid

February 23, 2021 | Category: Summit Sounds Off

Financial aid is essential for many families, even more so now in light of COVID-19. How much do you know about this important piece of the college financing puzzle?... Read More

A Financial Wellness Plan Can Help Pave the Road to Retirement

February 23, 2021 | Category: Summit Sounds Off

If we’ve learned any lesson over the past year, it’s that no matter how carefully we plan and prepare, we’ll likely encounter unexpected hurdles. While a global pandemic has... Read More

Beef Up Your 2021 Tax Deductions by Supporting Local Restaurants

February 9, 2021 | Category: Summit Sounds Off

It has been a year since COVID-19 started to take shape in the U.S. According to data from the Bureau of Labor Statistics (BLS) the national economy lost more... Read More

Four Steps to Rebuilding Your Business

December 4, 2020 | Category: Summit Sounds Off

Few business owners have escaped the financial effects of stay-at-home orders, new safety protocols, and consumer fears related to the pandemic. Even if you took advantage of temporary federal,... Read More

Sharing Your Money Values Can Be Part of Your Legacy

December 4, 2020 | Category: Summit Sounds Off

When it’s time to prepare the next generation for a financial legacy, you might want to bring your family members together to talk about money. But sitting down together... Read More

How to Help Maintain a High Credit Score

December 3, 2020 | Category: Summit Sounds Off

During the holiday shopping season, your credit score is probably the last thing on your mind. But as you start your seasonal spending, remember to use credit wisely so... Read More

Should You Pay Off Student Loans Early or Save More for Retirement?

November 5, 2020 | Category: Summit Sounds Off

For adults with student debt and extra money on hand, deciding whether to pay off student loans early or put those funds toward retirement can be tricky. It’s a... Read More

Seeking Sun or Savings? Explore a Retirement Move

October 28, 2020 | Category: Summit Sounds Off

Many people intend to retire in the place they call home, where they have established families and friendships. But for others, the end of a career brings the freedom... Read More

Incapacity and Advance Medical Directives

September 23, 2020 | Category: Summit Sounds Off

At some point in your life, you may lose the ability to make or communicate responsible health-care decisions for yourself. Without directions to the contrary, medical professionals are generally... Read More

Four Things to Consider Before Refinancing Your Home

August 5, 2020 | Category: Summit Sounds Off

Mortgage refinancing applications surged in the second week of March 2020, jumping by 79% — the largest weekly increase since November 2008. As a result, the Mortgage Bankers Association... Read More

Could You Be Responsible for Your Parents’ Nursing Home Bills?

July 20, 2020 | Category: Summit Sounds Off

In 26 states (and Puerto Rico), laws generally hold children financially responsible for certain debts of their parents. These laws are referred to as filial responsibility laws (or filial... Read More

2020 So Far … “Unbelievable”

July 7, 2020 | Category: Summit Sounds Off

By Nathan Bennett CFP®, CBEC®, ChFC®, CLU®, Summit Co-Founder All one can say about 2020 so far is, “Unbelievable!” (Actually, I could use some more descriptive words, but they... Read More

529 College Savings Plans 101

May 28, 2020 | Category: Summit Sounds Off

529 savings plans are tax-advantaged education savings vehicles and one of the most popular ways to save for college today. They can also be used to save for K-12... Read More

Business Travel After COVID-19

Man waiting in airport
May 19, 2020 | Category: Summit Sounds Off
Man waiting in airport

Travel—for both business and leisure—worldwide has virtually come to a standstill during the coronavirus pandemic. At this point, nobody knows when it will come back. Whenever that time comes... Read More