Blog

Start your new year off right by organizing your files. Our blog offers general guidelines on how long to keep different documents.

The holidays are a perfect time to consider gifting money to your loved ones. We discuss the gift limits and strategy considerations in our blog.

As we near Thanksgiving, we send a note of thanks to our wonderful clients.

Recent graduates often feel overwhelmed and confused with many of the financial decisions they are now forced to make. To help ease that transition, we’ve created a blog series about starting out with a good, financial foundation. The first in this series delves into employer retirement plans.

To illustrate just how important having your legal affairs in order is, this Estate Planning blog details a recent experience after losing a loved one.

It’s never too early to starting planning for college. A tax-advantaged 529 college savings plan is a great way to invest for education costs. Learn more about 529 plans in our blog.

Many clients with IRAs or retirement account have heard about Required Minimum Distributions or RMDs but they may not understand all the rules. Check out our blog to learn about the rules to follow and the penalties to avoid.

Establishing and maintaining an emergency fund is one of those personal finance best practices that we learned in school but may have forgotten until faced with a crisis. Read our blog to learn how much you should have tucked away for emergencies.

Some of the best advice I ever received was to pay yourself first. Hopefully, this blog will inspire you to do the same.

When clients change or lose jobs, they have questions about what they should do with their old 401(k)s or retirement plans. Here are some general guidelines on options that you may have.

Divorced spouses may be entitled to Social Security benefits from their ex. To see if you could qualify, read our blog.

Discussing money with your family is often taboo. Break that mindset and start having a family money discussion so they can learn and understand your thoughts, goals, and intentions with your hard-earned wealth.

There are some advantages to turning 50, such as being able to increase your retirement plan contributions each year. Read our blog to learn about catch-up contribution limits. It’s a great way to make a fresh start in the new year.

Before we close out 2020, we reflect on 20 lessons we learned during this crazy and challenging year.

With interest rates at record lows, now may be the perfect time to refinance your mortgage. Read our blog to see if a refi might make sense for you.

2020 brought a new focus on the importance of having some money saved and available for unplanned emergencies. But, many people need help getting started. Here are 6 simple savings strategies.

Social Security can be complicated and confusing. Here are 5 best practices that can help expand your knowledge and understanding on this topic.

Would you drop your homeowner’s insurance if you knew there was a 70% chance you would have a claim? NO? Then you may want to consider Long Term Care Insurance.

Check out the financial calculators on our website to answer your questions from loan payments to refinancing to life insurance needs.

With volatile markets, investors can be nervous that they may buy high one day and then see their investment value drop the next. To mitigate that risk, many clients use a strategy known as dollar cost averaging to make their investments. Read more about this approach in our blog.

Planning for retirement should include more than just reviewing your financial situation. It should also factor in ensuring you have adequate health care coverage. Before you retire, make sure you know all your health insurance options.

If your goal is a meaningful retirement, read our blog about discovering your purpose and identifying your passions.

With a few weeks to go before Tax Day, we often get phone calls with questions about Roth IRAs and Traditional IRAs. Read more to learn the answers to many frequently asked questions by our clients.

Estate Planning is not just for the wealthy. Everyone, regardless of age, health, or wealth, needs some form of estate planning. Read our blog to learn what documents you may need to get your estate in order.

Ring in 2020 by setting some Financial Resolutions. Here are 10 suggestions to help keep you on track with your finances.

As 2019 draws to a close, Santa isn’t the only person making a list and checking it twice. Clients should keep these 5 things in mind.

Check out these 10 Cyber Security Tips to protect your information and accounts from being compromised.

Investing in the stock market requires patience and commitment, something many investors struggle to exhibit. Consistently investing on a set schedule can yield big results. As we continue our Investing 101 blog series, click on the link below to learn more about the power of compound interest and the Rule of 72.

Many people new to the world of investing are confused by the financial jargon. This first of a series of blogs is devoted to explaining financial terms and concepts. We’ll start with discussing the basics: investing vs. savings.

Student loan debt is growing as the cost of college continues to outpace inflation. College students should carefully weigh their options and understand the financial impact of taking out student loans. Here we dive into the reality of how these loans translate into payments as graduates enter the workforce.

As more and more clients are inheriting assets from their loved ones, the need for financial planning is increasing. With inherited assets, there are different options available, depending upon the type of account, as well as special rules that must be followed. When faced with questions on how best to manage these inherited assets, Hovis & Associates can help provide the answers.

Have you ever wondered how much money you will need in retirement? Or maybe, how much life insurance you will need to protect your family should something happen to you? If finding the answers to questions like these keeps you up at night, it might be time to consider financial planning.

As we near May 29th, what better time to talk about 529 plans! College costs continue to increase year over year. Curious what the expected costs will be for your children or grandchildren? Hovis & Associates can help calculate those costs and put a savings plan in place to help you meet your education goals.

Despite their differences, clients have similar concerns when it comes to finances. Let us know what you think. Reply back with your biggest financial worry.

With a few weeks to go before Tax Day, we often get phone calls with questions about Roth IRAs and Traditional IRAs. Read more to learn the answers to many frequently asked questions by our clients.

Are you nearing age 62 and have questions regarding Social Security? Do you want to make sure you get as much of your money back from Social Security as possible? You are not alone. Here are 3 things to consider before deciding when to start claiming.

Start the new year off right with a little planning. It can go a long way to avoiding regrets and living your best life.

We are excited to share BIG changes happening at Hovis & Associates.