Bank Alternatives for Diversifying Cash Holdings

April 25th, 2023 by Legacy Wealth Planning

As a business owner, you may have heard about the recent failures of Silicon Valley Bank and Signature Bank. These two events highlight the importance of diversifying your cash holdings and exploring bank alternatives for operating cash balances exceeding $250,000, which is the maximum amount covered by the Federal Deposit Insurance Corporation (FDIC). Here are […]

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The Best Investment: Teaching Your Children to Save and Invest 

April 23rd, 2023 by Legacy Wealth Planning

A 2022 Gallup Poll found that 58% of all adult Americans own stock. The top 1% owns more than half the total amount invested among those who own stock. 1 Making investing possible for your children, nieces, nephews and other loved ones may be the key to improving their financial future and getting them off […]

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5 Last Minute Considerations Before Tax Day

April 13th, 2023 by Legacy Wealth Planning

With April’s federal tax filing and payment deadline on the horizon, Americans are dotting their i’s and crossing their t’s as they prepare for the countdown to Tax Day. But before you rush to get that return out the door, are you confident you have everything in order to make your tax filing go as […]

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6 Money Myths That Are Limiting Your Wealth

April 9th, 2023 by Legacy Wealth Planning

When people think of “myths,” they often think of such stories as Pandora’s Box (the woman who took the lid off of a jar releasing all of the world’s ills upon the world, were taxes one of them?), or the Tale of Prometheus (who stole fire from his fellow gods to give to humans and […]

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A Resilient March

April 6th, 2023 by Legacy Wealth Planning
A Resilient March

The financial markets’ resilient performance during March was striking, despite pockets of uncertainty surrounding the strength of the economy—and not to mention concerns over the durability of the banking system. The ability of the market to navigate nearly two weeks of headline-related risk tested the underlying resolve of the market’s capacity to look ahead. Moreover, […]

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5 Social Security Benefits You Might Be Missing Out On 

April 2nd, 2023 by Legacy Wealth Planning

Most people know that once they approach retirement age, their reward for years of work comes from Social Security payments they put money towards during their employment. Deciding when to file for your Social Security payments is likely what you may focus on, but there are some other Social Security benefits you may be missing […]

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7 Retirement Considerations

March 21st, 2023 by Legacy Wealth Planning

Thoughts from a financial professional When helping people get ready for retirement, financial professionals find the same issues come up over and over. Thinking ahead can spell the difference between a retirement with enough money and a stressful one with difficult decisions that you don’t want to make. Here are 7 retirement considerations that every […]

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Spring Has Sprung: Time to Refresh Your Retirement Plan 

March 19th, 2023 by Legacy Wealth Planning

Spring can be a fantastic time to refresh your retirement plan and savings habits. With 2023 bringing increased limits for 401(k)s, individual retirement accounts (IRAs), Health Savings Accounts (HSAs), and other tax-advantaged accounts, it’s worth taking a closer look at your retirement savings. Below, we discuss three ways to refresh your retirement plan this spring. […]

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Small Business Spotlight: Just Gingie Snaps

March 16th, 2023 by Legacy Wealth Planning

Just Gingie Snaps Northern Nevada Adventure Photographer justgingiesnaps.mypixieset.com www.instagram.com/justgingiesnaps 1. What inspired you to start your own business? I have always wanted the ability to control my schedule. My family is always my priority and starting my own business, as busy as I know it can be, does allow me the most control to spend the […]

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AI: No Longer a Thing of the Future

March 15th, 2023 by Legacy Wealth Planning

Let’s talk about one of the hottest topics presently dominating the news so far this year; Artificial Intelligence (AI). Artificial Intelligence (AI) refers to the ability of machines or computer programs to perform tasks that typically require human intelligence, such as perception, reasoning, learning, problem-solving, and decision-making. AI algorithms are designed to analyze data, recognize […]

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