Could Custodial IRAs Help Young Adults Buy Homes?

Presented by Nicholas Wealth Management September 20th, 2021   Some parents and grandparents have that possibility in mind. Absolutely. Is that their only purpose? Not necessarily. This would obviously be a tall order for an adult, given current home values, yearly IRA contribution limits, and the priority of amassing retirement savings. How about for a…

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Recovering from COVID

Provided by Nicholas Wealth Management June 7, 2021 With COVID, there were some who believed that progress on this health issue was a necessary precondition to economic recovery.  In recent weeks, we have seen some promising trends emerge on the health front. The CDC is reporting the provision of 295 million vaccinations; 51% of Americans…

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Annual Financial To-Do List

Provided by David Nicholas November 23, 2020 Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for the coming year? Now is an excellent time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building…

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End-of-the-Year Money Moves

Provided by David Nicholas November 18, 2020 Here are some things you might consider before saying goodbye to 2020. For many, this year has been as complicated as learning a new dance. Did you start a new job or leave a job behind? That’s one step. Did you retire? There’s another step. Did you start…

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2021 Limits for IRAs, 401(k)s and More

Provided by David Nicholas November 18, 2020 Numbers to know for the new year. On October 26, the Treasury Department released the 2021 adjusted figures for retirement account savings. Although these adjustments won’t bring any major changes, there are some minor elements to note. 401(k)s The salary deferral amount for 401(k)s remains the same at…

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