Fall in Ohio is a magical time, isn’t it? The heat of the summer is dissipating yet the sting of winter’s cold days is far enough off that we aren’t yet worried. There is no greater place to spend your September and October months than in this beautiful state watching a high school football or soccer game. However, once every four years the beauty of God’s creation here in Ohio comes under a little stress as one of the great battle ground states in the Presential election.
At Whitaker-Myers Wealth Managers, we all have the heart of a teacher, and it’s important that we consider all financial planning instruments and strategies for our clients. Due to the historical lack of awareness and knowledge with Health Savings Accounts (HSAs), it’s also important that we educate on what HSAs are, who is eligible to open and contribute to one, and why it could be a beneficial financial planning tool for specific clients.
Creating a Will can be really intimidating. It’s one of those things that most people know they should have but it just always sits on the “To-Do” list because they don’t want to think about it, they are afraid it’s going to be expensive, or they don’t even know where to begin.
Do you or someone you know have a disability? Achieving a Better Life Experience (ABLE) is an investment account that you can use to pay for disability related expenses.
The ABLE Act was bipartisan legislation (crazy, right?!) introduced in 2013 and passed at the end of 2014. The ABLE Act amended Section 529 of the IRS code to create a tax-free savings account for individuals with disabilities.
If you follow Dave Ramsey’s principals, then I’m sure you know how important budgeting is! EveryDollar is Ramsey Solutions’ budgeting tool that can be used on your desktop or via an app on your phone. They have a free version as well as a paid version. The paid version links to your bank account to make it easier to register your transactions. The paid version used to be called EveryDollar Plus but has been updated to Ramsey+ and includes even more features.
Every day, we help clients develop a plan to achieve their financial goals and part of that is making sure they have the right insurance in place to take care of their loved ones if something happens.
Life insurance in an important part of your Financial Plan. It doesn’t sound as fun to talk about life insurance as it does to talk about saving money or investing but it is definitely important.
If you are an OPERS employee, you may or may not already know that you have a choice in the type of retirement plan that you participate in. OPERS has 3 choices.
In this article, we will discuss the differences between the Traditional Pension Plan and the Member-Directed Plan. The Combined Plan, as it sounds, is a combination of the Traditional Pension Plan and Member-Directed Plan.
Dave Ramsey, Rachel Cruze, and Chris Hogan did a free Livestream last Thursday evening entitled "What Now? COVID-19 And Your Money!"
In case you missed it, you can still watch it on their website, here.
The Livestream is definitely worth watching but I will do a quick re-cap of their presentations here.
This pandemic has had an impact on all of us in one way or another and for some people, it may mean that they find themselves changing careers. If this is you, maybe it is a blessing in disguise. While it is not ideal to lose your job, the job loss may be what will push you towards pursing a career and passion that you have always wanted to pursue.
Whether it is due to COVID-19 or another reason, if you find yourself in-between careers right now, here are some books and podcasts that will help equip you to make the most of this change.