This Friday we observe Veterans Day. For some, this may be a day off work or school, or an opportunity to sell or buy discounted furniture. However, we should also take a pause and remember the real reason we observe this day. Originally deemed Armistice Day to honor veterans of World War I, it was...Read More
Thirty years ago, I discovered and set out to master the nonqualified deferred compensation field. I designed and placed several hundred plans prior to the 1986 Tax Reform Act, which caused dramatic changes in how these arrangements were funding. Prior to the Act, we could credit participant accounts with 18 to 22 percent guaranteed interest...Read More
As a highly compensated executive, you are focused on your career and management responsibilities. But no employee can afford to overlook personal financial planning. At the same time, your employer has a vested interest in helping you, and not just in your job, but in your personal wealth management as well. Why? Because when you’re...Read More
Via the recent CARE Act, many homeowners that have a mortgage now qualify to halt 12 payments on their monthly mortgage through a forbearance request to their lender. Now, nearly 4% of all mortgages are in forbearance and the Mortgage Banker Association reports a 1,270% increase in forbearance requests the week of March 2 and...Read More
“For time and the world do not stand still. Change is the law of life. And those who look only to the past or the present are certain to miss the future.” – John F. Kennedy Nothing in life stands still, including the laws that govern our country. While we understand that laws...Read More
On December 20, 2019, President Trump signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act. This law puts into place sweeping changes to everything from providing more access to retirement plans, raising the Required Minimum Distribution (RMD) age to 72, and removing age restrictions for contributing to Traditional IRAs. Among all...Read More
January 17, 2020, Scottsdale, AZ – My Financial Coach (MFC) is excited to announce a new partnership with Knighton & Stone, PLLC, our latest Subject Matter Expert (SME) that has been on-boarded to the My Financial Coach platform. MFC continues to grow both in their practices and having top performing vetted Subject Matter Experts in...Read More
In the 1986 hit comedy film Back to School, Rodney Dangerfield plays a self-made plus-size clothing magnate Thornton Melon. In the film, despite all of his success, he comes to regret not taking the words of his father, “If a man has no education, he’s got nothing”, more seriously. With his home life in disarray,...Read More
You have bet on yourself time and time again. This required putting in hours of studying, honing your expertise, and taking on a large financial obligation. You have done all this for a chance to practice a profession that demands the very best of you each and every day. To many residents, the end is...Read More
December 30, 2019, Scottsdale, AZ – My Financial Coach (MFC) is excited to announce a new partnership with RBR Insurance Group, LLC, our latest Subject Matter Expert (SME) that has been on-boarded to the My Financial Coach platform. MFC continues to grow both in their practices and having top performing vetted Subject Matter Experts in...Read More
