Many of you are adjusting to the changes all of us are making because of the Covid-19 crisis. The leadership at Stableford continues to monitor the rapidly changing situation as it evolves and we remain vigilant in our ongoing efforts to help you navigate the unprecedented challenges we all face. This article is a summary of some of the most important information that we believe you will want to know regarding the Cares Act and updates to tax deadlines and retirement accounts.
Women’s finances are on an upward trend. Financial planners are now designing investment plans to meet the needs and expand the opportunities leading to financial independence for women. As women begin to build more wealth, women investors are looking to achieve financial independence, often out-earning men in their portfolios.
Health Savings Accounts’ triple-tax benefits make them appealing to high-net-worth investors and others who want to pay for healthcare expenses, save on taxes, and have an additional way to help fund retirement. HSAs should be part of your insurance planning discussions with your financial advisor.
The S&P 500 declined 8.4% during February to close down 8% year-to-date and remains at similar levels through March 6. The US-Sino trade-détente and global-growth euphoria that began last September peaked during February and has been replaced with global contagion fears (double entendre).
Starting your own business is both rewarding and challenging – it also presents a unique set of challenges for financial planning. The four financial planning strategies for the self-employed to consider include setting up a retirement account, funding it, insuring your business and seeking support. At Stableford Capital, we take an integrated advisory approach and look at your entire financial situation when mapping out your financial plan.