When developing a succession plan for your business, you must make many decisions. Should you sell your business or give it away? Should you structure your plan to go into effect during your lifetime or at your death? Should you transfer your ownership interest to family members, co-owners, employees, or an outside party? The key […]
Are you tired of feeling like just another number? We get it. We believe that without proper support, it’s hard to simultaneously grow your business and serve your clients as you would like. Such a rudimentary business model might pass at some firms, but not here. The Per Stirling difference begins with our highly selective […]
Generally, you can join any state’s 529 savings plan. Why might you want to shop around? Some plans may be more appealing, for a variety of reasons. Here’s one way to approach this question. First, find out if your state offers any state tax benefits for 529 contributions or withdrawals, and whether those benefits are […]
Generally speaking, as much as possible. You need to build a fund that you’ll be able to draw on for much of your retirement income. Believe it or not, this may be possible if you start early and make smart choices. Contribute as much as you can to tax-advantaged savings vehicles [e.g., 401(k)s, IRAs, annuities]. […]
When news outlets or pundits on TV announce, “The stock market made another all-time high today!” it can often spark mixed emotions. If you are currently invested, great, but if not, then looking to invest at that point can lead to a bit of anxiety among certain investors. The fear of “buying at the top” […]
What would you do with an extra $10,000? Maybe you’d pay off some debt, get rid of some college loans, or take a much-needed vacation. What if you suddenly had an extra million or 10 million or more? Now that you’ve come into a windfall, you have some issues to deal with. You’ll need to […]
Handling your finances can be overwhelming. It can be hard to separate your money from emotions, potentially leading to issues such as overspending and ignoring debt. Many people also lack the knowledge and experience to make the most informed decisions. Even if you think you’re doing the right thing with your money, it can help […]
Are health insurance premiums taking too big of a bite out of your budget? Do you wish you had better control over howyou spend your health-care dollars? If so, you may be interested in an alternative to traditional health insurance called ahealth savings account (HSA). How does this health-care option work? An HSA is a […]
Your first step is to take advantage of tax-favored retirement savings tools. If you have access to a 401(k) or other employer-sponsored plan at work, participate and take full advantage of the opportunity. Open an IRA account and contribute as much as you can. Ideally, you’d be able to invest in both an employer plan […]
I’m one of the many who developed a passion for gardening during our ‘Covid time’ of isolation. That is to say, YouTube algorithms have now filled my home page with gardening videos. I have pretty much wrapped up the spring tomato harvest season this year, but the good news is that in Texas we also […]
