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Tax-Efficient Strategies to Maximize Your Charitable Giving
For many people, giving back is more than just a financial decision—it’s a personal one. It’s about supporting causes close to your heart while being smart about managing your finances. Luckily, there are ways to make your charitable...
Read MoreYear-End Money Moves
As the year draws to a close, it’s an ideal time for high-net-worth individuals and families to review their financial positions and make strategic moves to optimize their wealth and plan for the future. Here are some important...
Read MoreHow To Keep Your Data Protected This Holiday Season
As the holiday season comes into focus, you might find yourself shopping online more than before. Whether you’re buying gifts for loved ones or taking advantage of holiday season sales for yourself, you’ll want to keep your information...
Read MoreHow to Plan a Dream Vacation Without Affecting Your Retirement Plan
When it comes to life, you’re constantly thinking about balancing living in the present with planning for the future. The opportunity for a dream vacation might not come around very often, and when it does, you want to take advantage...
Read MoreWhat You Need to Know About Medicare Open Enrollment
The Medicare Open Enrollment Period (OEP) is a crucial time for millions of Americans to review and adjust their healthcare coverage. Whether you're already enrolled in Medicare or nearing eligibility, understanding the ins and outs of...
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7 Ways to Avoid the IRA Early Withdrawal Penalty
You’ve worked hard to save money in your IRA. And while you’ve been hoping that money will last you into retirement, there may be instances where you’re thinking about withdrawing your savings early. Most of the time, an early IRA...
Read MoreHow do you know if you have a forgotten retirement account
Some say the best money is found money. But on the flipside, forgetting about money that’s rightfully yours is something you hope never happens. While you might think you’ve been meticulous about your retirement accounts, losing track...
Read MoreEssential Money Tips for Newlyweds
Money can be a source of stress for many couples, with 35% attributing financial issues to relationship strain. It's no wonder that experts often cite financial problems as one of the leading causes of marital discord. However, by...
Read MoreHow to Minimize Your Taxes in Retirement
When you think about retirement, you probably don’t think much about taxes. You’ve been paying your fair share for decades, so when it comes time to retire you are looking to minimize your tax burden as much as possible. By...
Read MoreTips for Parents Navigating the College Transition
Sending your child off to college is a significant milestone, often filled with a mix of pride, excitement, and a touch of anxiety. It marks a major step towards independence for your child and a new chapter in your family’s life. To...
Read MoreTips for Caring for Aging Parents
Thanks to healthier lifestyles and advances in modern medicine, the worldwide population over age 65 is growing. In the past decade, the population of Americans aged 65 and older has grown by 38% and is expected to reach 82 million by...
Read MoreExploring the Versatility of 529 Plans
As a caring parent or grandparent, you've likely saved diligently in a 529 account to support your child's or grandchild's college dreams. But what happens if they decide college isn't their path? It's a valid concern many families...
Read More5 Benefits of Working in Retirement
Retirement has evolved from a traditional exit from the workforce to a phase of life where many individuals choose to continue working in some capacity. In this article, we'll explore five key benefits of working during retirement,...
Read More5 Questions To Ask Yourself This Financial Literacy Month
This Financial Literacy Month, we’re challenging you to take account of your financial knowledge – and to pass this information on to others who may benefit from it. Maybe you have strong knowledge in certain financial areas but not in...
Read MoreWhat To Consider As You Close In On Retirement
You’ve spent decades building your career, saving money, and investing prudently. Now, retirement is so close you can feel it. As you start thinking about the next phase of your life, consider how a pivot toward retirement might...
Read MoreWorried About Outliving Your Money?
Here's how to manage your risk Retirement planning is a tenant of sound financial planning. Everyone wants a relaxing retirement where money isn't a concern. However, as the average lifespan increases, many people now are...
Read MoreHow to overcome common financial pitfalls
In the wise words of Benjamin Franklin, "a penny saved is a penny earned." In today's fast-paced world, where financial stability is crucial, regularly evaluating our spending habits becomes necessary. Often, we unknowingly squander...
Read MoreAction Steps During Election Years
I hope you found our recent article on the impact of elections on the stock market insightful. To help you leverage this knowledge for your financial well-being, here are five actionable steps you might consider: Diversify Your...
Read MoreHow will the election cycle affect my investments?
In the ever-evolving landscape of financial markets, elections stand as pivotal events, sending ripples through investor sentiment and market dynamics. As we approach the ballot box, it's natural to wonder: how do elections truly...
Read More5 Action Steps to Take Control of Your Finances
We hope you found our recent article on budgeting insightful as you gear up for the financial year ahead. Now, let's turn those insights into action with five practical steps: Review Your Expenses Take a closer look at your...
Read MoreTax season is the perfect time to check in on your budget
While we often think of this time of year as tax season, you might want to start thinking about it as budgeting season as well. As you’re getting ready to file your tax return, you likely have all of your financial information in...
Read MoreSocial Security: What you need to know
Social Security is a key piece of most retirement plans. Unfortunately, many individuals don’t understand how things like marital status, taxes, and delaying benefits affect Social Security. Here is a quick guide to prepare you...
Read MoreNew 401(k), IRA and HSA Limits
Welcome to the new year!! We wanted to alert you to the increase in 401(k) contribution limits, and provide a reminder to adjust your deferrals if you would like. The total employee contribution limit to all 401(k) and 403(b)...
Read MoreYour Path to Changing Unhealthy Behaviors
There’s a reason why 80% of New Year’s resolutions fail before February. Bad habits and unhealthy behaviors are hard to break. And while you might know what you need to do to live a healthier life, it can be a struggle to...
Read MoreAvoiding Cognitive Decline
Consider these 5 ways to help combat cognitive decline It might be natural to slow down mentally as you age, but that doesn't mean it’s totally out of your control. In fact, there are ways you can keep your mind fresh and help...
Read MorePreparedness Guide When a Loved One Passes
We hope you found our recent article, "Preparing for the Passing of a Loved One," helpful. We understand that discussing these matters can be challenging, but being proactive in planning for the future is crucial. To help you take...
Read MorePreparing for the passing of a loved one
When a loved one passes away, the last thing you want to think about are logistical arrangements and financial decisions. That’s why preparing for the future now can make it easier to deal with what might seem like mundane...
Read MoreConsider these end-of-the-year money moves
The clock is ticking down on 2023. But the year isn’t over yet, and there are still several things you can do to not only prepare for the coming year, but also potentially save you money. So before 2024 hits, consider these...
Read MoreLegacy Contacts for your Online Data
I attended a very interesting online presentation on Estate Planning, but one of the most fascinating parts related to our "online presence". Specifically, what happens to your digital assets after you pass away? One idea that...
Read MoreFed Meeting Recap
The Federal Reserve Board met this week, and held interest rates steady - at least for the moment. Here is a nice summary article about the meeting and comments from Fed Chair Jerome Powell. Fed Meeting Summary We...
Read MoreOnline Security
It goes without saying that cyber attacks are a fact of life that we all need to watch for. And they are only increasing in frequency and sophistication level. Charles Schwab recently sent an email blast about this topic, and it...
Read MoreKey Retirement Metric
A client recently sent us an article that he found of interest, and we think you may as well. It does a great job of walking through the longevity that we may experience in our retirement years. Key Retirement...
Read MoreSocial Security Reports
One thing that has come up in conversations with quite a few clients lately is how much they may receive in Social Security payments during retirement. That's led us to directing them to the website to run their personalized...
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SECURE 2.0 Act
Happy New Year from all of us at RDFA. We hope 2023 is off to a great start for you.In late December, SECURE 2.0 Act was signed into law in the massive omnibus bill passed by Congress. Believe it or not, the text for SECURE...
Read MoreRDFA Release: Investing vs. Gambling
We have had the good fortune of meeting Kara Murphy, who is the Chief Investment Officer of Kestra Financial - parent of Bluespring Wealth Partners. She posted the following article yesterday which we thought you would...
Read MoreRDFA Release: 2023 401(k), 403(b) and IRA Limits
The IRS recently released the updated figures for retirement plan contributions that will apply in 2023. Here is the press release from the IRS with all of the details:2023 401(k), 403(b) & IRA LimitsWe are seeing large...
Read MoreRDFA Release: Summer Travel Tips
Summer travel is in full force, and anyone who has traveled lately will tell you about CROWDED airports and flight challenges. It seems that the pent up demand for people to travel is causing significant issues for the airlines...
Read MoreRDFA Release: Should You Run From A Bear?
I saw a show on Discovery a few months back, and the topic was how to survive an attack by a bear. This is not something I had ever contemplated, as there are generally not many bears appearing on golf courses or baseball diamonds...
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The Fed Acknowledges Inflation
At its June meeting, the Federal Reserve confirmed what many of us have suspected for some time: prices are rising. In fact, prices are climbing faster than many expected. In response, the Fed raised its inflation expectation to 3.4%,...
Read MoreOutrunning the Cyber Bear
By: Jeff Daniher The level of reported cyberattacks continues to expand. What can you do to minimize your risk of being a victim? The joke about not having to outrun the bear, only having to outrun your partner, has significant...
Read MoreMay 2021 Sector Performance
We hope this email finds you doing well, and that you had an enjoyable Memorial Day holiday. While volatility was back in the month of May, overall performance was quite positive. The following piece shows which sectors performed well,...
Read MoreDeclutter the Filing Cabinet
This time of year, we tend to field lots of questions about what records need to be maintained, and what can be pitched. Here is a great article from the Wall Street Journal that addresses this topic: https://link.edgepilot...
Read MoreTax Filing Deadline Extended
Yesterday, it was announced that the tax filing deadline has been extended from April 15th to May 17th this year. Please see the following news release from the IRS: Tax Filing Deadline Extended to May 17 For anyone that was scrambling...
Read MoreThe World in 2030
We hope this email finds you off to a great start to the week. The following article from Capital Group (the American Funds mutual fund family) struck us as being very interesting. There are definitely some major themes that may be...
Read MoreBill Kanengiser Concert Replay
The Thursday night YouTube Premiere concert by Bill Kanengiser was a huge success, and we were thrilled with how many people were able to join in. If you wanted to enjoy the concert, but your schedule didn't allow you to attend, you...
Read MoreA Sunday Lift
Here in Cincinnati, it's a rather cold, dreary Sunday morning in the midst of spiking COVID numbers. The fall leaves are gone, and the prospect of a long winter is staring us in the face. Yet, I'm sitting here in my home office (while...
Read MoreHealth Savings Accounts
Happy Friday! We recently came across a really good article diving into details around Health Savings Accounts, and we thought you might find it of interest. This is a tool that more and more people are using. Health Savings Accounts...
Read MoreBond Index Update
Happy Tuesday morning. The Federal Reserve, along with Central Bankers across the globe, have concentrated all of their monetary firepower on keeping interest rates low. When asked about when rates may start to increase, the rumored...
Read MoreElections and the Markets
We all hope this email finds you doing well, and staying healthy. We have had a lot of questions lately about the upcoming election, and how it may impact the markets. Blackrock recently released a great piece that analyzes this, and...
Read MoreCollege Planning
We are seeing regular updates right now about what college may look like for students this fall. Obviously there is a lot in the air with COVID-19, and how schools are choosing to handle in person versus online learning. But not matter...
Read MoreCoronavirus at 6 Months
Happy Friday to everyone. Jeff recently found a really great summary article about where we currently stand with COVID-19. It's hard to believe that we are now a half year into this new reality, as there are times that it feels like...
Read MoreThe Power of FUD
The current state of our world has left many of us with a overarching malaise brought on by FUD: Fear, Uncertainty and Doubt. While not a part of normal medical terminology, it most definitely is an emotional state that can be...
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