Parsec’s Perspective on Current Market Turbulence
This is a little longer message than I typically send during a declining market. But we believe everything is going to be ok, and I will explain why...
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Day: April 1, 2021
10 Ways to Celebrate Independence Day
I proudly served in the U.S. Army from 1991 to 1992 as a medic. My time serving makes me appreciate being a U.S. citizen. This holiday, I hope you...
How To Prioritize Travel and its Associated Expenses
Do you like to travel? Are you already looking forward to your next big trip? Do you spend more time planning your vacations than planning your finances? If so,...
Education Savings: There’s No Time Like The Present
College saving is a topic near and dear to my heart, as we have a 17-year-old who is currently undergoing the college exploration process. It seems like just yesterday...
Hidden Costs of College
Congratulations! You have four years of tuition, room and board stashed away in your 529 plan, and your child hasn’t even graduated from high school yet. Now you can...
Don’t Forget About Your 401(k) When Transitioning Jobs
Our society is going through an unprecedented churn in the labor market due in part to the COVID-19 pandemic but also because of the normalization of working from home....
Paying for College: Tax Savings
There are clear tax benefits to a 529 plan. Though contributions to 529 plans are not tax-beneficial, the assets in these accounts do grow tax-deferred, and...
“I hope the Russians love their children too …”
“I hope the Russians love their children too …” – Sting, “Russians,” 1985 Growing up during the Cold War era the 1970s and 1980s, lots of popular music featured...
Confirming Adequate Property and Casualty Insurance
If you are like most people, it was probably the last time you had to file a claim, which hopefully was a long time ago! Property and casualty policies often...
Dealing with the Rising Cost of Health Care
The cost of health care in the U.S. continues to rise with no slowdown in sight. According to the Centers for Medicare &Medicaid Services (CMS), healthcare spending in...
Tax Planning Unknowns
Tax planning ― be it income tax planning for the current year, estate and gift planning, or planning for retirement ― is initiated using the current knowns. The knowns...
Health Savings Accounts: The Basics and Retirement Benefits
According to the Kaiser Family Foundation, in 2021 28% of employees nationwide were enrolled in High Deductible Health Plans (HDHP) through their employers. Let's examine...
