by SDP Team | Apr 18, 2023 | Money in A Blended Family
Chris Rock once remarked, “You don’t pay taxes – they take taxes.” That applies not only to income but also to capital gains. Capital gains result when an individual sells an investment for an amount greater than their purchase price. Capital gains are categorized as...
by SDP Team | Apr 18, 2023 | Money in A Growing Family
The U.S. personal saving rate stood at 3.4 percent at the end of 2022, down from the 7.5 rate at the end of 2021.The personal saving rate is the federal government’s estimate of what percent of their incomes U.S. households are saving. But market watchers and...
by SDP Team | Apr 18, 2023 | Financial Principles To Live By
In 2021, the U.S. had a record 24.5 million millionaires, up from 202 million in the previous year. An increase in personal wealth may bring greater financial flexibility; it may also bring greater liability. Individuals with high net worth, or those who are perceived...
by SDP Team | Apr 18, 2023 | Money in A Growing Family
It’s natural to wonder exactly how a bank safeguards your money. Fortunately, the Federal Deposit Insurance Corporation (FDIC) insurance exists for this very reason: to help protect your funds once deposited. Read on to explore the purpose of FDIC insurance, how...
by SDP Team | Apr 18, 2023 | Financial Principles To Live By
In a recent survey, 70% of current workers stated they plan to work for pay after retiring.1And that possibility raises an interesting question: how will working affect Social Security benefits?The answer to that question requires an understanding of three key...
