Business People Meeting Design Ideas professional investor working new start up project. Concept. business planning in office.

IRS Makes Contribution Limit Changes for 2022

jacobted Financial Planning, Uncategorized Leave a Comment

The Internal Revenue Service recently announced a change that could significantly impact your retirement strategy. Starting in 2022, the amount you can contribute to your qualified retirement savings plan will increase. The new change will apply to 401(k), 403(b), most 457 plans, and the Thrift Savings Plan. Click below to learn more about how this will affect you and your finances. And don’t hesitate to reach out with any questions you have. Click here to learn more

Mature couple preparing Christmas dinner, man chopping vegetables in the foreground, turning to his partner who is preparing the turkey.

Adding Value To Your Benefit Package with Long-term Care Insurance

jacobted blog, Financial Planning Leave a Comment

Employers: Are you offering Long Term Care insurance as a benefit to your employees?  Even those with substantial incomes and adequate retirement savings are concerned with how they would cover the costs of medical care for themselves or their loved ones, this benefit holds positive implications for staff retention and productivity. Let me help you to understand your options. Click here to learn more.

Life and health insurance policy concept idea. Finance and insurance.

Healthcare Planning

jacobted blog, Financial Planning Leave a Comment

Maybe you get your health insurance through your employer. What happens when that option is no longer available to you or your family? You need a strategy to cover your health expenses for your entire life, not just your working life, or your current employer.

Happy family at home with life insurance

Life Insurance

jacobted blog, Financial Planning Leave a Comment

Your family depends on you. Life insurance is but one tool in your risk mitigation strategy. With so many choices, how do you know that you have the right amount and type of coverage? Let’s talk today – you don’t have to do this alone.

Couple Looking At Domestic Finances At Home Together

What is the Meaning of Diversification?

jacobted blog, Financial Planning Leave a Comment

While the question is simple, the answer is not. Below I have listed several factors where diversification plays a role in reducing risk in an investment portfolio. Asset allocation Most people think of asset allocation when considering if their portfolio is properly diversified. We allocate our monies across the following three (3) asset classes: equities, fixed income, and cash. The decision to include an asset class is based upon their historical correlation with other asset classes. Correlation measures the strength of the relationship between two asset classes, where the value can range from +1 (perfectly correlated) to 0 (no relationship) …