What is the Trend with Financial Advice and Robo Advising?

, ,
      What is the industry trend that you are seeing with financial advice? What is robo advising? Why are we seeing more of the larger firms offering the robo advising? How will this affect how you do business? Watch Szarka…

What to Discuss When you Meet with an Advisor

, ,
    It’s been just over a month since I joined the group at Szarka Financial. And, I am glad that I made the move. One of the things that attracted me to the firm was their emphasis on education. Having come from a healthcare background…

Don't Be a Victim of the Looming 401(k) Crisis

, ,
There is a slow moving time bomb coming in the world of retirement planning, and it’s important for everyone to understand what’s happening so that they can avoid becoming a victim. The time bomb is that the traditional “3-legged stool”…

5 Crucial IRA Tax Planning Strategies

, ,
    Someone once said “It takes a great deal of boldness and a great deal of caution to make a great fortune and when you have got it, it requires ten times as much wit to keep it.” Although exactly who said it is unclear, the…

Avoid Commonly Made Blunders with your 401k

, ,
As we wrap up tax season, what is the most common tax saving tool people can use? What are the most common mistakes people make with their 401k? What are other typical mistakes? What else can 401ks be used for? Watch Szarka Financial’s Senior…

It’s Not too Late to Make a Contribution to Your IRA

, ,
April 15th falls on a Saturday, what is the deadline this year for filing our tax returns? It’s not too late to make contributions on IRAs, correct? There are two types of IRAs? Which is better? Watch Szarka Financial’s Senior Financial…

Don’t Let Your Inherited IRA Be a Tax Disaster

, ,
With so many people having IRAs as part of their retirement, what happens when they pass away? What are some of the pitfalls? There was a recent court case involving an inherited IRA. What happened? What lessons can we learn? Watch Szarka Financial’s…

Roth IRA: The Great Retirement Diversifier

,
I cannot stress enough the importance of socking away as much money as you can for retirement as early in your working years as possible. If your employer offers a sponsored retirement plan, at the very least, you should be contributing enough…

Retirement: Will You have Enough Money?

,
One of the things that I hear most often when having my first consultation meeting with a new client is their fear of running out of money. In fact, this is the number one concern, even more so since the Great Recession, per Gallup’s April…

Inherited IRA: Don't Let it Become a Tax Disaster

,
These days people are concentrating more and more of their assets in their IRAs. In fact, sooner or later most people will ultimately wind up having almost all their investment assets tied up in IRAs. Since we all know about the two certain…