Blog

When Should I Start Taking Social Security: 5 Factors to Consider

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, April 14, 2026

Key TakeawaysThere’s no universal “best” claiming age since the appropriate choice can depend on a variety of factors, including longevity, work, and survivor needs.Early vs. delayed benefits is a tradeoff that can mean smaller checks...

Hope won out over fear last week as investors set their sights on a Middle East ceasefire holding and optimistic prospects for the Strait of Hormuz reopening.The Standard & Poor’s 500 Index rose 3.56 percent, while the Nasdaq Composite...

Stocks rose over the short trading week on fresh hopes for a quick end to the Middle East conflict, while March job growth was unexpectedly strong.The Standard & Poor’s 500 Index picked up 3.36 percent, while the Nasdaq Composite Index...

Teaching Teens and Young Adults Financial Literacy Through Real-Life Decision Making

Al Procaccino II, Founded Castle Financial in 1992

Thursday, April 2, 2026

Key TakeawaysTeach through real decisions, not lecturesGive teens responsibility with clear limits so they learn from real trade-offs.Frame choices instead of funding purchasesFocus conversations on priorities and opportunity cost, not...

Stocks ended a challenging week lower as investors' attention shifted from updates on ceasefire talks to concerns about the economic impact of a protracted conflict. The Standard &Poor’s 500 Index lost 2.12 percent, while the Nasdaq...

Another volatile week unfolded as rapid developments in the Middle East and public comments from leaders on the conflict see-sawed markets, leaving investors struggling to keep up with updates.The Standard & Poor’s 500 Index lost 1.89...

Helping Adult Children Buy a Home: How to Gift a Down Payment The Smart Way

Al Procaccino II, Founded Castle Financial in 1992

Monday, March 23, 2026

Key TakeawaysHere are some questions this blog aims to answer:How can parents or grandparents help with a down payment for adult children?What are ways to gift a down payment, and how do the annual gift tax exclusion and lifetime...

Stocks logged a third-straight down week as investors digested the latest news out of the Middle East, navigated more volatility, and mulled the latest economic data. The Standard & Poor’s 500 Index declined 1.60 percent, while the...

Stocks fell last week as investors assessed the implications of a fresh Middle East conflict while digesting mixed reports on the jobs market.The Standard & Poor’s 500 Index fell 2.02 percent, while the Nasdaq Composite Index slid 1.24...

Stocks fell last week amid concerns about artificial intelligence (AI) and a warmer-than-expected reading of wholesale inflation. The Standard & Poor’s 500 Index fell 0.44 percent, while the Nasdaq Composite Index declined 0.95 percent...

Three Numbers Every Woman Should Know

Al Procaccino II, Founded Castle Financial in 1992

Monday, March 2, 2026

Key TakeawaysHow much wealth are women on track to control in the next decade, and why does that matter?What does the life expectancy gap between women and men mean for how long money needs to last?How common is it for women to be...

Tax Prep vs. Tax Strategy: The Difference Matters More Than You Think

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, February 24, 2026

Key TakeawaysTreat tax strategy as a continuous process, not a once-a-year filing exercise.Coordinate with financial and tax professionals throughout the year to identify opportunities for efficiency.Review contribution limits,...

Stocks ended a choppy four-session run in the green, with tech-led momentum earlier in the week prevailing over news of a slowing economy, sticky inflation, and geopolitical tensions.The Standard & Poor’s 500 Index advanced 1.07...

Stocks fell last week as investors reacted to mixed economic data and concerns over signs of broadening AI disruption of business models.The Standard & Poor’s 500 Index fell 1.39 percent, while the Nasdaq Composite Index declined 2.10...

The Internal Revenue Service recently released new limits for 2026. Although these adjustments won’t bring any major changes, there are some minor elements to note.Individual Retirement Accounts (IRAs)IRA contribution limits are up...

Understanding the Emotions Behind Financial Decisions

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, February 11, 2026

Key TakeawaysEmotions and biases might influence financial choices more often than most people realize.Behavioral patterns, such as loss aversion, familiarity bias, and herd mentality, can impact long-term results.Recognizing emotional...

Stocks were mixed last week, with broad gains on Monday and Friday bookending midweek selling pressure as investors digested earnings results from more than one hundred S&P 500 companies.The Standard & Poor’s 500 Index ended the week...

Stocks were mixed last week as investors navigated Q4 corporate results, a widely expected Fed decision, and a handful of economic reports.The Standard & Poor’s 500 Index rose 0.34 percent, while the Nasdaq Composite Index edged down 0...

AI and the New Face of Fraud: How to Protect Your Identity and Finances in 2026

Al Procaccino II, Founded Castle Financial in 1992

Thursday, January 29, 2026

Artificial intelligence (AI) may be the most revolutionary technology of our time, with industries scrambling to embrace its possibilities. AI’s early influence seems similar to the positive disruptions brought about by past...

Stocks ended last week with modest losses after a volatile five days of market-moving economic data, geopolitics, and Fed drama.The Standard & Poor’s 500 Index slid 0.38 percent, while the Nasdaq Composite Index skidded 0.66 percent....

Stocks posted solid gains in an action-packed week of market-moving economic data, geopolitical news, and bullish new year sentiment. The Standard & Poor’s 500 Index gained 1.57 percent, while the Nasdaq Composite Index added 1.88...

2025 in Review and What You Should Know

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, January 6, 2026

As we begin a new year and consider the opportunities ahead, reflecting on the past year helps put today’s financial landscape into perspective and informs the strategies that can move us closer to our goals. 2025 was a year marked by...

Stocks trended lower last week amid signs of year-end profit-taking and some sour investor sentiment over the Fed meeting minutes.The Standard & Poor’s 500 Index fell 1.03 percent, while the Nasdaq Composite Index lost 1.52 percent....

Stocks delivered for investors last week as positive economic data and bullish holiday cheer powered the start of a “Santa Claus rally” past consumer bah humbug sentiment. The Standard & Poor’s 500 Index rose 1.40 percent, while the...

Stocks posted mixed gains last week as mixed jobs data triggered some selling pressure before a cooling inflation report helped stocks recover.The Standard & Poor’s 500 Index inched ahead 0.10 percent, while the Nasdaq Composite Index...

Goal Setting That Sticks: Simple Ways to Turn January Motivation into Lasting Wins

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, December 17, 2025

Key Takeaways and Suggestions for Successful Goal Setting Use SMART Goals for Clarity and FocusSet goals that are Specific, Measurable, Achievable, Relevant, and Time-bound. This proven method helps break big ambitions into manageable...

Stocks ended last week mixed. A widely anticipated Federal Reserve decision on interest rates and a rotation into non-tech areas helped push the Dow Industrials higher, while the broader market and technology stocks lagged behind. The...

Stock prices pushed higher last week, notching multiple records along the way as employment and inflation data took center stage in anticipation of the Fed’s upcoming meeting. The Standard & Poor’s 500 Index rose 0.31 percent, while...

Year-End Giving Strategies: Tax-Smart and Impactful

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, December 2, 2025

Key Takeaways A third of annual donations: About one-third of all charitable contributions are made in December. Donating before December 31 may offer tax advantages. New rules starting in 2026 (via the OBBB Act) may affect deductions...

Stocks pushed higher over the holiday week as investors' hopes for a Fed rate adjustment lower drove bullish sentiment. The Standard & Poor’s 500 Index rose 3.73 percent, while the Nasdaq Composite Index rallied 4.91 percent. The Dow...

Heightened volatility was on Wall Street’s mind last week, as investors continued to focus on valuations of artificial intelligence (A I) stocks. The Standard & Poor’s 500 Index fell 1.95 percent, while the Nasdaq Composite Index...

Stocks ended mixed after a nail-biting week for investors, who grew anxious over mega-capitalization technology company valuations and interest rates as the government shutdown came to an end. The Standard & Poor’s 500 Index edged up...

The True Costs of Caring for Aging Parents

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, November 12, 2025

Key Takeaways Caring for aging parents is a growing reality for many Americans. The number of family caregivers in the U.S. has jumped to 63 million, a 45 percent increase over the past decade, making 1 in every 4 Americans a...

Stocks hit a rough patch last week as fresh labor market data, low consumer sentiment, and the ongoing government shutdown unnerved investors. The Standard & Poor’s 500 Index declined 1.63 percent, while the Nasdaq Composite Index...

Money Talks: How to Use Holiday Gatherings to Start Family Financial Conversations

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, November 4, 2025

Key Takeaways Year-end holidays may be a good time to initiate a discussion about financial matters that may impact your family. If you have adult children, you may want to discuss your financial situation, estate strategy, and legal...

Stocks rose last week as trade developments, positive Q3 corporate earnings results, and momentum in mega-cap technology drove another rally, despite some cautious comments from the Fed. The Standard & Poor’s 500 Index gained 0.71...

Stocks rose last week thanks to a full slate of upbeat third-quarter corporate results and mild inflation data, which helped soften concerns over trade tensions with China which have abated during this weekend. The Standard & Poor’s...

Stocks pushed higher last week, buoyed by strong third-quarter results posted by several money center banks. The Standard & Poor’s 500 Index gained 1.70 percent, while the Nasdaq Composite Index rose 2.14 percent. The Dow Jones...

Receiving a bonus, inheritance, or an increase in income often prompts a key financial question: Should I use this money to pay off my mortgage, or invest it? At first glance, the answer might seem simple. But in reality, it requires...

Stocks fell last week amid concerns about trade with China, following an unsteady rally to record highs over the first half of the week. The Standard & Poor’s 500 Index fell 2.43 percent, while the Nasdaq Composite Index declined 2.53...

Stocks rose last week, looking past the government shutdown and apparently discounting any impact it may have on the economy. Seasoned investors have come to realize that markets in time have always rallied to go on to make new highs...

If you’ve found yourself stepping into a more active role in your parents’ financial lives, you’re not alone. Some of us are helping aging parents navigate everything from healthcare decisions to bill payments—and increasingly, we’re...

Stocks fell last week, buffeted by concerns about stock price valuations and a possible government shutdown. The Standard & Poor’s 500 Index declined 0.31 percent, while the Nasdaq Composite Index lost 0.65 percent. The Dow Jones...

Stocks posted solid gains last week, propelled by the Fed’s decision to cut short-term interest rates. The Standard & Poor’s 500 Index rose 1.22 percent, while the Nasdaq Composite Index climbed 2.21 percent. The Dow Jones Industrial...

Smart Moves to Consider Before Year-End

Al Procaccino II, Founded Castle Financial in 1992

Thursday, September 18, 2025

The final months of the year can sneak up quickly, and with them come deadlines, decisions, and distractions. Before the holiday season takes over your calendar, fall can be a valuable window to revisit your financial strategy and...

Stocks posted a solid gain last week, riding a rally in megacap tech stocks while overcoming interest rate anxiety, a downward revision to jobs data, and mixed inflation reports. The Standard & Poor’s 500 Index rose 1.59 percent,...

Stocks made gains last week, even as megacap tech gains outweighed economic concerns. The Standard & Poor’s 500 Index advanced 0.33 percent, while the Nasdaq Composite Index rose 1.14 percent. The Dow Jones Industrial Average...

Breaking Down the One Big Beautiful Bill Act: What You Need to Know

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, September 2, 2025

The Tax Cuts and Jobs Act of 2017 (TCJA) included lower federal income tax brackets, bigger standard deductions, and higher gift and estate tax exemptions, among other provisions. The law stipulated that some of those tax breaks would...

Stocks ended the week slightly lower as mixed economic data led to some profit-taking by investors ahead of the holiday weekend. The Standard & Poor’s 500 Index edged down 0.10 percent, while the Nasdaq Composite Index slipped 0.19...

Why More Families Are Choosing to Gift Wealth Earlier—and How to Do It

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, August 27, 2025

Estate management isn’t just about what happens after you’re gone— it’s also about what you can do now to help manage future estate taxes, transfer wealth strategically, and attempt to create a meaningful impact during your lifetime....

Stocks were mixed last week despite a powerful Friday rally sparked by Federal Reserve Chair Jerome Powell, who opened the door to adjusting short-term interest rates lower in September. The Standard & Poor’s 500 Index picked up 0.27...

What You Need to Know About the 2025 Changes to Inherited IRA Rules

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, August 13, 2025

The rules regarding inherited IRAs have changed in the last five years, and failing to comply with the new requirements may result in IRS penalties. These changes affect people inheriting IRAs and those looking to leave retirement...

Stocks rebounded last week as investor optimism for a September rate adjustment and strong Q2 corporate results overcame the rollout of fresh tariffs. The Standard & Poor’s 500 Index rose 2.43 percent, while the Nasdaq Composite Index...

Stocks fell last week as investors assessed progress on trade negotiations, new U.S. tariffs, and fresh data on the U.S. economy. The Standard & Poor’s 500 Index dropped 2.36 percent, while the Nasdaq Composite Index declined 2.17...

Expectation-beating Q2 results from several companies, trade updates, and investor optimism for more trade agreements pushed market averages to solid gains. The Standard & Poor’s 500 Index advanced 1.46 percent, while the Nasdaq...

Beyond Salary: Understanding Your Total Compensation

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, July 22, 2025

Compensation is more than just a number on a paycheck. Whether you're exploring new opportunities, preparing for a promotion, or evaluating your current benefits, it’s important to understand the full value of your total...

Stocks were mixed last week, battling through tariff talk while responding to upbeat quarterly corporate reports and a trove of updates on the economy. The Standard & Poor’s 500 Index rose 0.59 percent, while the Nasdaq Composite...

Stocks were slightly lower last week, while looking past news of fresh U.S. tariffs on nearly two dozen countries.The Standard & Poor’s 500 Index fell 0.31 percent, while the Nasdaq Composite Index edged lower by 0.08 percent. The Dow...

How Much Do You Really Know About Stock Market Indexes?

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, July 9, 2025

While you may follow the various stock indexes on the nightly business news, how much do you know about their histories, how they work, and why they're important? We pulled together some information and interesting facts about some of...

Trade developments and continued momentum pushed all three major averages higher for a shortened holiday trading week. The Standard & Poor’s 500 Index rose 1.72 percent, while the Nasdaq Composite Index added 1.62 percent. The Dow...

Stocks staged a broad-based rally last week on investors’ hopes for a lasting Middle East ceasefire, hitting fresh record highs along the way. The Standard & Poor’s 500 Index rose 3.44 percent, while the Nasdaq Composite Index added 4...

How Do You Turn Retirement Savings into a Reliable Income Strategy?

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, June 25, 2025

You’ve likely spent years building your retirement nest egg—saving diligently, investing wisely, and contributing to retirement accounts along the way. But transitioning from earning a paycheck to relying on your savings can feel...

Stocks were mixed during the holiday-shortened trading week as uncertainty over conflict in the Middle East weighed on investors. The Standard & Poor’s 500 Index slipped by 0.15 percent, while the Nasdaq Composite Index rose by 0.21...

Stocks fell last week as an up-and-down mix of trade progress and anxiety, economic news, and geopolitical tensions netted out. The Standard & Poor’s 500 Index slid 0.39 percent, while the Nasdaq Composite Index slipped 0.63 percent....

“The Four Most Dangerous Words In Investing Are: ‘This Time It’s Different.’” – Sir John Templeton

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, June 11, 2025

Despite those who say the conventional wisdom that has guided investor actions over the years is no longer valid in 2025, remember the famous quote from legendary investor Sir John Templeton: "The four most dangerous words in...

Stocks rallied last week as investors responded to upbeat economic data and easing trade tensions. The Standard & Poor’s 500 Index added 1.50 percent, while the Nasdaq Composite Index rose 2.18 percent. The Dow Jones Industrial...

Stocks advanced over the short trading week, bolstered by a possible trade deal with the European Union (EU) and an upbeat corporate report from a mega-cap tech company that creates semiconductors used in the creation of artificial...

What’s the Job Market Look Like for 2025 Graduates?

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, May 27, 2025

It’s graduation season—a time of celebration and new beginnings. For families with college seniors, this time can bring both excitement and uncertainty. While some graduates have jobs lined up, many others still are navigating job...

Stocks moved lower last week as fiscal fears and fresh tariff threats loomed over market sentiment. The Standard & Poor’s 500 Index fell 2.61 percent, while the Nasdaq Composite Index dropped 2.47 percent. The Dow Jones Industrial...

Stocks roared higher last week, powered by upbeat trade news and tame inflation reports. The Standard & Poor’s 500 Index rose 5.27 percent, while the Nasdaq Composite Index spiked 7.15 percent. The Dow Jones Industrial Average added 3...

Is It Smarter to Buy or Rent a Second Home?

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, May 14, 2025

As summer approaches, your thoughts may drift toward escaping your daily routine. Whether your idea of a perfect vacation is sitting on a pristine beach, fishing in a mountain lake, or playing the back nine between pickleball matches,...

Stocks were mixed last week as volatility dropped despite ongoing trade concerns and the Federal Reserve's update on short-term rates. The Dow Jones Industrial Average added 0.16 percent, while the Standard & Poor’s 500 Index lost 0...

Stocks pushed higher last week as investors cheered the White House’s constructive comments on trade, upbeat Q1 corporate reports, and an encouraging jobs report. The Standard & Poor’s 500 Index gained 2.92 percent, while the Nasdaq...

Stocks pushed higher last week, spurred by the White House's reassuring comments that progress was being made with trade talks. The Standard & Poor’s 500 Index gained 4.59 percent, while the Nasdaq Composite Index picked up 6.73...

U.S. stocks slipped over the shortened trading week as Q1 corporate reports started to roll in. Tariff angst continues to influence the markets which need good news and deals to be finalized on the tariff front, especially from key US...

From College Acceptances to Affordability: Considerations for Families in the Final Stretch

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, April 16, 2025

April is a pivotal time in the college admissions process. After years of preparation, saving, and investing—not to mention the countless hours spent on exam prep, campus visits, and perfecting applications and essays—the finish line...

Stocks ended the week with a strong gain as traders continued to focus on tariff talks while appearing to overlook upbeat news on inflation. The Standard & Poor’s 500 Index rose 5.7 percent, while the Nasdaq Composite Index gained 7.3...

Stocks fell broadly last week as domestic and foreign markets reacted to the White House’s tariffs. The Standard & Poor’s 500 Index declined 9.08 percent, while the Nasdaq Composite Index fell 10.02 percent. The Dow Jones Industrial...

Stocks moved lower last week as investors swung from exuberance to disappointment on news over tariffs and inflation. The Standard & Poor’s 500 Index fell 1.53 percent, while the Nasdaq Composite Index retreated 2.59 percent. The Dow...

10 Things You Can Do Now to Help Simplify Your Estate for Your Heirs

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, March 25, 2025

One of the greatest gifts you can give your loved ones is a thoughtful estate strategy that outlines your wishes after you are gone. Discussing estate details with your team of professionals is another way to help manage your legacy...

Stocks notched a solid gain last week as upbeat comments from the Fed helped stocks snap their four-week losing streak. The Standard & Poor’s 500 Index rose 0.5 percent, while the Nasdaq Composite Index picked up 0.17 percent. The Dow...

Investors endured another volatile week. The Standard & Poor’s 500 Index declined 2.27 percent, while the Nasdaq Composite Index dropped 2.43 percent. The Dow Jones Industrial Average fell 3.07 percent. The MSCI EAFE Index, which...

The Evolving Role of Women in Family Finances

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, March 11, 2025

March is Women’s History Month, and according to a recent survey, 49% of women consider themselves to be the chief financial officer of their households, up from 41% in 2021.1 Those numbers are even more impressive when you consider...

Stocks continued their slide through a volatile week. U.S. trade policy drove much of the market’s movement, broadening investors' concerns about economic growth and inflation. The Standard & Poor’s 500 Index declined 3.10 percent,...

Stocks were mixed last week as investor concerns over inflation and trade policy combined to produce another volatile trading week. The Dow Jones Industrial Average rose 0.95 percent, while the Standard & Poor’s 500 Index lost 0.98...

Don’t Leave Money Behind: Finding Your Missing 401(k)s

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, February 26, 2025

You've worked hard throughout your life to build assets to support your retirement. As financial professionals, one of the most critical functions we provide is helping clients determine their retirement income needs and structuring a...

Stocks fell last week as concerns about sticky inflation and the pace of economic growth rattled investors. The Standard & Poor’s 500 Index declined 1.66 percent, while the Nasdaq Composite Index dropped 2.51 percent. The Dow Jones...

Stocks advanced last week despite some intra-week volatility as investors showed concern about the economy's strength. The Standard & Poor’s 500 Index gained 1.47 percent, while the Nasdaq Composite Index picked up 2.58 percent. The...

Tax season brings a new wave of identity theft risks

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, February 11, 2025

Tax season brings a new wave of identity theft risks, with criminals ready to exploit your personal data to file fraudulent tax returns in your name. Imagine the shock of discovering that a criminal beat you to filing your...

Stocks posted modest losses last week as tariff deals, January jobs data, and Q4 corporate reports injected volatility into markets. The Standard & Poor’s 500 Index slipped 0.24 percent, while the Nasdaq Composite Index lost 0.53...

Stocks were mixed last week as investors parsed market-moving news nearly every trading day from an unsettling AI update to White House news to Q4 corporate reports. The Standard & Poor’s 500 Index fell 1.00 percent while the Nasdaq...

Stocks rallied last week as investors reacted positively to a handful of better-than-expected corporate earnings reports and developments out of Washington, D.C. The Standard & Poor’s 500 Index gained 1.74 percent, while the Nasdaq...

Stocks roared back last week, fueled by upbeat Q4 corporate reports and economic news that stalled inflationary fears. The Standard & Poor’s 500 Index rose 2.91 percent, while the Nasdaq Composite Index advanced 2.45 percent. The Dow...

10 Facts You May Not Know About Social Security

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, January 15, 2025

Social Security is often misunderstood or underestimated in retirement strategy. However, as financial professionals, we've seen how it can play a crucial role in our clients' overall financial strategy, regardless of their income...

Stocks fell for the second consecutive week as a round of fresh economic data stoked inflationary fears among investors. The Standard & Poor’s 500 Index declined 1.94 percent, while the Nasdaq Composite Index dropped 2.34 percent. The...

The major stock market indices edged lower for the shortened holiday week despite a powerful rally on Friday to close out the first week of the new year. The Standard & Poor’s 500 Index lost 0.48%, while the Nasdaq Composite Index...

Innovative New Year's Resolutions: Financial and Personal Growth Strategies for 2025

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, January 1, 2025

Looks like New Year's resolutions are still going strong in 2024! A recent Pew survey found that about a third of Americans kicked off the year with at least one resolution, and many people actually went for multiple goals. It's...

Stocks notched a slight gain over the holiday week. A tech-driven rally in the first half of the week was clawed back in the second half as investors took profits following the market holiday. The Standard & Poor’s 500 Index advanced...

Stocks were under pressure last week as the Fed Chair's hawkish comments unsettled investors ahead of the holiday season. The Dow Jones Industrial Average received the hardest hit, falling 2.25%. The Standard & Poor’s 500 Index lost 1...

Key Financial Insights from 2024 and Looking Ahead to 2025

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, December 18, 2024

As we approach the end of 2024, it's an opportune time to reflect on the year's financial developments and consider what 2025 may bring. We believe in understanding both the past and potential future of our economic landscape, which...

Stocks finished the week mixed, bookending losses around midweek gains as investors digested fresh inflation data. The Standard & Poor’s 500 Index slipped 0.64 percent, while the Nasdaq Composite Index ticked up 0.34 percent. The Dow...

Navigating Healthcare Costs in Retirement: Life After Employer-Sponsored Health Insurance

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, December 11, 2024

As you approach retirement, a critical aspect of your retirement strategy can catch even the most financially savvy individuals off guard: healthcare costs. For decades, you may have enjoyed employer-sponsored health insurance. As...

Stocks were mixed during the first trading week of December. Technology stocks led, while the widely followed Dow Jones Industrial Average struggled. The tech-heavy Nasdaq Composite Index picked up 3.34% while the Dow Industrials lost...

Stocks posted solid gains over a short and busy holiday week as investors parsed fresh economic data, comments on potential future trade policy, and a few Q3 reports from technology companies. The Standard & Poor’s 500 Index gained 1...

Stocks advanced last week, powering ahead with pre-holiday optimism despite geopolitical tensions and two disappointing Q3 corporate updates. The Standard & Poor’s 500 Index rose 1.68 percent, while the Nasdaq Composite Index gained 1...

A Different Kind of Year-End Review: 10 Steps to Reflect and Recharge

Al Procaccino II, Founded Castle Financial in 1992

Thursday, November 21, 2024

Financial professionals typically have a year-round focus on monetary goals and wealth management strategies. However, we also believe that true financial well-being is intrinsically linked to your overall life satisfaction and...

Stocks fell last week as the postelection rally lost momentum amid an inflation uptick and cautious comments from Fed officials. The Standard & Poor’s 500 Index fell 2.08 percent, while the Nasdaq Composite Index declined 3.15 percent...

Stocks surged higher last week, fueled by the Fed’s rate cut decision and post-election enthusiasm as investors looked to future policy impacts of a Republican-controlled Senate and executive branch. (The House of Representatives...

Year-End Giving Strategies: Maximizing Your Impact

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, November 6, 2024

America is a generous country. People with diverse backgrounds can unite for a good cause, whether to benefit their local communities or the broader world. As we enter the holiday season, now is a great time to think about your giving...

Stocks slid last week as mixed economic data and strong-but-not-spectacular Q3 corporate reports failed to inspire investors. The Standard & Poor’s 500 Index fell 1.36 percent, while the Nasdaq Composite Index declined 1.50 percent....

Visit us at www.castlefinancial.com Stocks were mixed last week as fresh economic data points and election-related uncertainty slowed market momentum. The Standard & Poor’s 500 Index fell 0.96 percent, while the Nasdaq Composite Index...

Exploring the Financial Impact of Electric Vehicles

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, October 22, 2024

As financial professionals, we’ve noticed a trend among our clients: an increasing interest in electric vehicles (EVs). To help address some of your questions, we’ve compiled this high-level guide to provide insights into the...

Safeguarding Your Identity: Essential Tips for Financial Security

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, October 8, 2024

Statistics show that nearly 33% of Americans have faced some identity theft attempts in their lives, and experts estimate there is a new case of identity theft every 22 seconds. As financial professionals, one of our primary goals is...

The Impact of Elections on the Markets and Tax Policy

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, September 18, 2024

The Impact of Elections on the Markets and Tax Policy With Labor Day behind us, we're in the final stretch of the 2024 presidential election race. As we follow the news and parse the most recent polls, some may ask, "How might what...

Don’t Be A Victim Of The Retirement Crisis

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, September 4, 2024

Don’t Be A Victim Of The Retirement Crisis If you think the United States has a retirement crisis, you are not alone. A recent survey found that 79% of working-age Americans believe the same thing. That percentage is up from 67% in...

Artificial Intelligence’s Influence on the Investing Landscape

Al Procaccino II, Founded Castle Financial in 1992

Thursday, August 15, 2024

In 1999, Bill Gates wrote, “How you gather, manage, and use information will determine whether you win or lose.” Companies looking to be successful in the future should heed these words when making decisions about implementing...

Preparing to Send a Child Off to College? Don't Forget These Important Topics

Al Procaccino II, Founded Castle Financial in 1992

Thursday, August 1, 2024

Sending a child off to college is a major milestone for any family, whether you’re a parent, grandparent, or close friend. It’s an exciting time, filled with anticipation and perhaps a bit of trepidation. There’s so much to do, and...

Do You Know About the New Filing Requirements for Small Business Owners?

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, July 17, 2024

If you are a small business owner—or plan to be one—you should be aware of a new reporting requirement. The Corporate Transparency Act (CTA), passed in 2021, changed beneficial ownership rules, which is expected to impact 32 million...

Ten Common Estate Strategy Mistakes You Should Avoid

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, July 10, 2024

Legacy preparation can play a key role in any financial strategy. Legacy management lets you consider what happens to everything you’ve accumulated—and may continue to accumulate—throughout your lifetime. But far too often, we’ve seen...

Financial Wedding Tips for a Memorable “I Do”

Al Procaccino II, Founded Castle Financial in 1992

Friday, June 14, 2024

As we enter the traditional wedding month of June, we wanted to explore the range of expenses that can be related to this special event. The average US wedding costs $35,0001 According to The Knot Real Weddings Study of nearly 10,000...

Financial considerations for a child’s summer job or internship

Al Procaccino II, Founded Castle Financial in 1992

Thursday, June 6, 2024

Summer break is here, and many young people will be working at a summer job or internship. While earning a paycheck is exciting, it can also be an excellent time to consider opening a Roth IRA and contributing a portion of their...

The Evolving Relationship Between Stocks and Bonds

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, June 4, 2024

Sir John Templeton once said, “The four most expensive words in investing are: ‘This time it’s different.'” And normally, we would agree. But the phrase “This time it’s different” may apply to what's happened in financial markets in...

How Much Do You Need To Retire?

Al Procaccino II, Founded Castle Financial in 1992

Thursday, May 23, 2024

A few years ago, there were ads from financial services companies asking, “What’s your number?” The number was the money you needed to retire comfortably. This was an effective way for financial services companies to get people...

Identity Protection Strategies – Are You Doing Enough To Keep Your Information Safe?

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, May 8, 2024

There isn’t a week that goes by when you don’t read about some data breach. Safeguarding your personal information starts with understanding cybersecurity risks, knowing what to look for, and doing everything you can to help protect...

Create a Strategy to Protect Your Wealth with Potential Estate Tax Changes Looming

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, April 16, 2024

At the end of 2025, portions of the Tax Cuts and Jobs Act (TCJA) are set to expire. Many changes will come with the sunsetting of many rules, including the possibility that federal estate and gift tax exemption levels will revert to...

Give Your Children the Gift of Financial Literacy

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, April 2, 2024

Give your children the gift of financial literacy. They’ll thank you later! As a parent, you are well aware of your responsibility in helping your children grow up happy and healthy. Once they enter their teen years, the pressure can...

Investing in a Presidential Election Year

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, March 26, 2024

As the presidential election race heats up, a common question on investors’ minds is, “How might the looming White House vote impact the markets?” Some may wonder if they should tweak their portfolios or sit tight...

SECURE Act 2.0 Includes New Provision On Special Needs Trusts

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, March 12, 2024

Experts estimate there are more than 44 million people with disabilities in the U.S., representing 13.4% of the population.1 Many parents of children with disabilities choose to establish a special needs trust. This can help provide...

The Psychology of Love and Money

Al Procaccino II, Founded Castle Financial in 1992

Monday, February 12, 2024

Money can be a touchy subject, especially regarding our closest relationships. Whether we like it or not, finance plays an integral role in our partnerships, families, and friendships. So, how can we foster healthy attitudes and...

Rules and Regulation Changes That Could Impact Your Finances in 2024

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, February 6, 2024

In the ever-evolving financial landscape, staying informed about the latest changes and potential implications for your retirement savings is crucial. Shifts in retirement regulations define 2024, and we’re committed to keeping...

Winter 2024 Investment Strategy Update

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, January 16, 2024

Happy New Year! 2023 turned out to be a good year for investment returns in the equity markets, with a strong finish in November and December of the final quarter. However, valuations are now stretched and stock markets have...

Major Tax Changes Looming: Are You Ready?

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, January 9, 2024

With the start of the new year, we wanted to discuss a topic that will likely garner attention throughout 2024: the potential sunsetting of the Tax Cuts and Jobs Act (TCJA) in 2025. Although some of the provisions within the TCJA are...

What to Know When Your Child Turns 18

Al Procaccino II, Founded Castle Financial in 1992

Monday, December 11, 2023

Your Child is Turning 18: Handling Healthcare, Academics, and Finances Together As your child blows out the candles on their 18th birthday, you may still see your baby girl or boy. But in the eyes of the law your child is considered a...

2023 Recap and 2024 Outlook: Key Events and What May Be in Store

Al Procaccino II, Founded Castle Financial in 1992

Monday, December 4, 2023

As we get ready to turn the page on 2023 and welcome the new year with all its possibilities, we’d like to take some time to reflect on the year that was—the notable events, trends, and developments that defined our...

Technology Guide for Dementia Patients and Their Caregivers

Al Procaccino II, Founded Castle Financial in 1992

Monday, November 20, 2023

If you or a loved one has been diagnosed with Alzheimer's disease or any other form of dementia, this can be an extremely challenging time. While promising new treatments are developing and research continues, a cure remains elusive....

Financial Missteps to Avoid During a Divorce

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, November 8, 2023

Divorce is one of the most stressful life events. Even the most amicable splits can be complicated and emotionally draining. We likely all know couples who have gone through divorce, and it can be a trying time for everyone involved....

Preparing for the Tax Cuts and Jobs Act Sunset at the End of 2025

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, November 1, 2023

While we haven’t yet said goodbye to 2023, it’s not too early to begin thinking about any tax changes that may be on the horizon. The Tax Cuts and Jobs Act (TCJA) of 2017 was designed to overhaul the federal tax code by...

10 Ideas for a Virtual Holiday Party

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, October 24, 2023

Many of us have adapted to a world with remote team members and back-to-back Zoom calls with customers spread across the country, which certainly has its benefits. Nevertheless, one drawback is the difficulty of getting together in...

The Impact of SECURE 2.0 in 2024 and Beyond

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, October 17, 2023

SECURE 2.0: Changes Going Into Effect in 2024 Passed in 2019, the SECURE Act was the most substantial retirement legislation in over a decade. It contained important changes designed to help investors save more and be better prepared...

A Year-End Financial Checklist

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, October 3, 2023

Time to Think About Year-End Financial Strategies As we roll into fall and the fourth quarter, now is a good time to pause and reflect on proactive ways to set up your finances for 2024. Economically speaking, we are now in a much...

AI's Role in Shaping Our Tomorrow: A Look Ahead

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, September 26, 2023

While artificial intelligence (AI) is making headlines today, the concept of "thinking machines" can be traced back to ancient philosophers and mathematicians. The phrase artificial intelligence was first used in the mid-20th century,...

Top 10 Questions High Net Worth Individuals Ask About Social Security

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, September 12, 2023

Social Security, the program you may have spent a lifetime paying into, is designed to offer stability, supplemental income, and other valuable benefits that can play a role in your overall financial strategy after you retire. We've...

Understanding the September Effect: What It Is and Why It Happens

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, September 5, 2023

If you ask the average investor which month is the most volatile for the stock market, they will probably say October. It's a reasonable answer, but it's incorrect. Despite October's reputation for market-defining events like the...

Don't Get Hooked: A Guide to Recognizing and Avoiding Phishing

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, August 22, 2023

As financial professionals, we understand how vital it is to safeguard your personal and financial information. Unfortunately, in our increasingly digital world, cybersecurity risks, such as phishing attacks, have become a prevalent...

Money Tips for Parents Sending Children Off to College

Al Procaccino II, Founded Castle Financial in 1992

Monday, August 7, 2023

You’ve done a great job teaching your children vital life lessons and instilling values that will last a lifetime. As summer ends and a new school year begins, one thing that shouldn’t be overlooked, especially for...

Attention Parents and Grandparents of College-Bound Students: FAFSA Gets an Overhaul

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, August 1, 2023

Changes are coming to the complicated form that students must submit to qualify for college financial aid, known as the Free Application for Federal Student Aid (FAFSA).The Department of Education is calling it the “most...

The 6 Biggest Mistakes DIY Investors Make and How to Avoid Them

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, July 25, 2023

IntroductionOver the last several months, I have met with quite a few self-proclaimed do-it-yourself (DIY) investors who, after struggling with the markets in 2022, approached me asking for a second opinion. Interestingly, almost every...

How the SECURE 2.0 Act Changed 529 Plans

Al Procaccino II, Founded Castle Financial in 1992

Tuesday, July 11, 2023

Changes to 529 Plans in the SECURE 2.0 ActThe SECURE Act was initially passed by Congress at the end of 2019 and was intended to improve retirement savings opportunities. It was a big deal at the time and the most significant piece of...

Health Savings Accounts: Pros, Cons, and Retirement Considerations

Al Procaccino II, Founded Castle Financial in 1992

Thursday, July 6, 2023

What if your child needs braces? The cost may be as much as $6,000 for metal braces—more modern versions can run as much as $13,000. Your health insurance may cover only a portion of the cost. If you're well past the braces stage...

Stocks posted gains for the week to close out a stellar month, aided by positive economic data and reports that all major banks had passed the Federal Reserve’s annual stress test.The Dow Jones Industrial Average gained 2.02%,...

Stocks took a breather last week as investors digested the previous week’s surge and the month-to-date solid gains.The Dow Jones Industrial Average lost 1.67%, while the Standard & Poor’s 500 fell 1.39%. The Nasdaq...

Top 7 Most Common Estate Strategy Mistakes (and How to Avoid Them)

Al Procaccino II, Founded Castle Financial in 1992

Thursday, June 22, 2023

Getting your affairs in order and outlining what you want done with your estate after you’re gone is one of the greatest gifts you can leave your loved ones. However, not preparing for the transfer of your assets can lead to...

June 19th, 2023 Weekly Market Insights

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, June 21, 2023

Stocks climbed last week as reassuring inflation data boosted investor hopes that the rate-hike cycle was nearing an end amid fresh economic data pointing to continued economic resilience. Markets embraced Goldilocks economic data and...

Navigating the Costs of Senior Care: Tips for Preparing for Long-Term Care

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, June 14, 2023

Senior care costs can be overwhelming, particularly when long-term care is required due to illness or medical conditions. With the number of seniors in the U.S. expected to rise exponentially by 2030, it's crucial to be prepared for...

Living Trusts: Understanding the Basics and Key Considerations

Al Procaccino II, Founded Castle Financial in 1992

Thursday, May 25, 2023

Estate management can be a complex and daunting task for many people, but it’s a critical step in helping your assets get managed and distributed according to your wishes.One popular tool that can be used in estate strategies is...

Trying to Time a Recession?

Al Procaccino II, Founded Castle Financial in 1992

Thursday, May 11, 2023

Economies move in cycles – always have, always willThe Federal Reserve has been steadily increasing interest rates in an attempt to slow the rate of inflation. Its efforts are yielding some results, although inflation remains...

What Factors Have the Greatest Impact on Your Credit Score?

Al Procaccino II, Founded Castle Financial in 1992

Friday, April 28, 2023

Fun fact: You probably have dozens of credit scores out there, and each one might be a different number.You’re probably familiar with a credit score, why it’s essential, and what it’s used for, but do you know how...

Important Financial Considerations to Make When Remarrying Later in Life

Al Procaccino II, Founded Castle Financial in 1992

Monday, April 17, 2023

Discussing personal finances is important for any couple preparing for marriage. However, this topic can be more complicated for those who remarry later in life.If you’re remarrying later in life, one of your goals should be to...

Top Considerations to Help Adult Children Be Better Prepared As You Age

Al Procaccino II, Founded Castle Financial in 1992

Wednesday, April 12, 2023

As we get older, it’s important that our adult children are prepared to manage any aging-related situations that may arise. This includes everything from having to make medical and financial decisions to determining assisted...

Tips for Raising Financially Literate Children

Al Procaccino II, Founded Castle Financial in 1992

Monday, March 20, 2023

Every parent wants the best for their children and strives to prepare them to lead a happy, healthy, and successful life. But, despite understanding the importance of financial responsibility, only 28 percent of parents speak to their...

Transitioning to Medicare from Private Health Insurance Plans

Al Procaccino II, Founded Castle Financial in 1992

Monday, March 6, 2023

Transitioning from Private Health Insurance Plans to MedicareAs you approach retirement age, you may be anticipating transitioning from your private insurance to Medicare, which is a federal health insurance program that provides...

Castle Financial: When More Money Means More Problems For Your Family

Al Procaccino II, Founded Castle Financial in 1992

Monday, November 14, 2022

Those attuned to popular early rap may remember the notorious B.I.G. song, “Mo Money, Mo Problems.”  In a similar sense, even conventional estate planning may lead to major family rivalries and contention,...

Family Legacy Planning: 6 Tips for Holding a Family Meeting About Money

Al Procaccino II, Founded Castle Financial in 1992

Monday, November 14, 2022

As a parent, your family bond is important but at times challenging.  As you can imagine, having a family meeting to talk specifically about money is no easy feat. At the same time, discussing finances to your family may...

Summer 2022 Investment Strategy Update

Al Procaccino II, Founded Castle Financial in 1992

Sunday, July 17, 2022

I trust everyone is enjoying the beautiful summer weather, but the winds of change have been wild in the world of money with the financial markets having an extremely rough start for the first half of 2022. On the other hand, I want to...

Creating a long-term financial plan that ties your life aspirations to your financial goals can help you to distinguish wants from needs, establish clear priorities, and avoid misguided investment decisions.

10 Best College Majors for a Lucrative Career

Al Procaccino II

Tuesday, October 3, 2017

College is often considered the surest path to a lucrative career. After all, according to the U.S. Bureau of Labor Statistics, a worker with a bachelor's degree typically earns two-thirds more than someone with just a high school...

Create a Contract for Family Care

Al Procaccino II

Tuesday, October 3, 2017

Family caregiver contracts can range from informal to complex professional contracts drawn up by lawyers. Here's what you should know to decide what's best for you. When the caregiver whom Amy Goyer, of Phoenix, hired for her...

Marriage and Roth IRA Contributions

Al Procaccino II

Tuesday, October 3, 2017

Newlyweds can suddenly become ineligible for Roth IRAs once their incomes are combined, although couples may still invest in them indirectly. Q. I'm getting married next month, and when we add up my income and my wife's, we'll earn...

What to Do After Inheriting an IRA

Al Procaccino II

Tuesday, October 3, 2017

Heirs must begin taking withdrawals once they inherit an IRA, but how they choose to make those distributions can have a big impact on their account balance over time. Q. My mother just passed away at the age of 60. She has $110,000 in...

Give Your 401(k) a Midyear Checkup

Al Procaccino II

Tuesday, October 3, 2017

Now is a good time to review your 401(k) contributions to make sure you're getting your employer's full match. Q. I've been contributing to my 401(k), and my employer matches a portion of my contributions. Does the $18,000 maximum for...

While Donald Trump has yet to appoint a four-legged friend to walk the halls of the White House (making him the first president since William McKinley not to have a dog), his Secretary of the Interior, Ryan Zinke, made history this...

Costly cities are costly for a reason. Be it climate, geography, culture, economic prosperity or all of the above, the most expensive U.S. cities to live in offer amenities and opportunities for which residents are willing to pay a...

Ten years ago, thousands of Blockbuster Video stores occupied buildings like this all over the country, renting DVDs and selling popcorn. Today, all but a handful are closed. The company’s shares once traded for nearly $30. Now...

The labor market is steadily improving, with unemployment at its lowest level in a decade, but some fields continue to experience a downward slide. For example, about 1.7 million manufacturing jobs were lost between January 2007 and...

A million dollars ain't what it used to be, but it still earns you entry into an elite group. Only 5.5% of the country, or about 6.8 million households, qualify as bona fide millionaires. That means they have investable assets of $1 million

Heading into your retirement years brings a slew of new topics to grapple with, and one of the most maddening may be Medicare. Figuring out when to enroll, what to enroll in and what coverage will be best for you can be daunting. To help yo

A Costco membership opens doors, quite literally, to a vast selection of bulk-size groceries and household goods selling at discounted prices. But buying potato chips and toilet paper by the case is just the start. The warehouse club also s

When it comes to cheap living, don't mess with Texas. The Lone Star State is home to the two most-affordable cities in America. But Texas doesn't have a monopoly on low living costs. Five other states make an appearance on our list.

Home Depot is probably the first retailer to come to mind when you’re thinking “ubiquitous big-box hardware store.” The rise of these orange-hued home-improvement centers was a revelation to those who grew up with small, neighborhood hardwa

Cyberthreats are where much of the action is for today’s military, but war planners haven’t forgotten the need to keep up with traditional ways of enhancing America’s defense: weapons and the means to deliver them.

Many of us first signed up for Amazon Prime years ago to take advantage of free two-day shipping, and stayed with it as the giant online retailer edged the annual fee toward the triple-digit mark. But what are you really getting with your $

Your credit score is a critical piece of information that lenders use to determine how creditworthy you might be. Knowing your score - and what it takes to maintain a healthy score - is key to your financial outlook.

Small business owners face a unique - but critical- investing challenge. Diversifying investment holdings outside of the business. Luckily there are many options to consider.

Is your organization ready to offer a 401(k) plan for the first time - or are you in the market for a new provider? Either way, there are many factors to consider as you weigh the features of various plans.

With so many charities competing for your philanthropic dollars, the better armed you are with information, the better able you will be to make a wise charitable choice.

Recent research has found that when it comes to collecting Social Security benefits, the income replacement rate for two-income couples has been declining steadily for a number of years.

As 2016 draws to a close, take time to reflect on the changes that have occurred in the past 12 months and how they might affect all aspects of your life - including your investment risk tolerance.

Under certain circumstances, the IRS is now allowing individuals who miss the 60-day window to roll over assets from qualified retirement accounts to avoid paying the potential early distribution taxes.

The FINRA Investor Education Foundation set out to determine how skilled Americans are at managing their financial lives. Details of their research are shared in this article.

When employees leave a company they may leave behind money in a retirement plan account. What are plan sponsors’ options for handling the cash? Here are some answers to commonly asked questions.

The cost of living varies significantly across the country making it essential to be a savvy shopper and saver - wherever you call home.

The generation of young Americans between the ages of 18 and 34 are now the largest, most influential demographic group in the United States. Here’s a glimpse into their financial world.

Identity theft is rampant in America. And tax-related identity crimes are among the fastest-growing offenses. Learn what the IRS is doing -- and steps you can take -- to help you stay protected.

Good news for families: the interest rates on new federal student loans is dropping for the coming academic year. Here are the details and resources for more information.

Do emotions cloud your judgment when it comes to making decisions about your investments? If so, you - and many others - have much to gain by developing a disciplined, long-term plan and sticking with it.

A retirement plan is crucial to a company's ability to attract and retain loyal, talented employees. The plan's vesting schedule is a key factor determining its appeal.

Here is some basic - but important - information about life insurance policies and why so many Americans are under- or uninsured.

One way to potentially avoid paying an early withdrawal penalty on money taken from your IRA before age 59½ is to use what is called "substantially equal periodic payments (SEPPs)."

Employer matching contributions can go far toward attracting and retaining talented, loyal employees. Make sure you are "getting the message out" about this important benefit.

Gender issues affect more than just a woman's paychecks. Longevity, family caregiving, and the gender wage gap influence women's long-term financial well-being and retirement security.

Auto-enrollment has helped retirement plan sponsors improve their plan participation rates and enhanced many other key plan metrics.

There is more to college planning than saving and investing. There is financial aid to consider as well as the search to find the "just right" institution for your child.

New regulations - so-called "conflict of interest" rules - impacting retirement savers and the financial professionals who serve the retirement industry were introduced by the U.S. Department of Labor (DOL) in April 2016.

When was the last time you checked the beneficiary designations on your retirement plans? It's an important - but often overlooked or forgotten - aspect of wealth transfer.

The saver's credit allows certain low- to middle-income individuals to claim a tax credit for making contributions to an IRA or a workplace retirement account.

Managing finances responsibly takes a lot of time and experience. Learn from your mistakes and try to avoid the traps described here.

This year, Employee Benefit Research Institute's 26th annual Retirement Confidence Survey found that worker confidence remained stable but did not improve, due in part to lackluster market performance.

Stock selection is part art, part science. There are many factors that must be considered when evaluating a company including its finances, the industry it operates in, and various valuation metrics.

Health savings accounts are a popular resource commonly used by individuals covered by a high-deductible health plan. Whether you have access to an HSA through your employer or you opt to enroll in one on your own, there is much to learn

Many participants in employer-sponsored retirement savings plans have the option to convert their plan assets into a guaranteed annuity when they retire, assuring a steady income flow. Whether you'll want to exercise this option depends o

With a special estate planning instrument called a QTIP (Qualified Terminable Interest Property) trust, you can give your spouse an income stream for life and choose who will receive the trust property at your spouse's death.

While the trend toward digital investing and advice appears unstoppable, investors continue to have mixed feelings about the robo-investing movement.