The Corona-virus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. At over 800 pages long, it can be overwhelming to think about all the changes that have come from this legislation. For today, we’ll walk through different segments of the CARES Act that may impact you and what […]
Hi Robin Tull here with Tull Financial Group. We had a lot of good comments about some of the planning tips we’ve shared over the last three weeks since this virus has occurred. Today I want to talk a bit about the Roth conversion option. You can contribute to a Roth itself, but there are […]
Hi, I’m Robin Tull with Tull Financial Group. Today I’d like to share a little bit about the CARES Act and how it applies to required minimum distributions or RMDs. What are these RMDs? For those of you who are 70 and 1/2 or older, it’s that amount that you are required to take out […]
Seems like a no brainer, right? Well, not necessarily. When the Fed cuts rates, it does not perfectly correspond with mortgage rates. Let’s dive into the “why” behind mortgage rate movements and the current climate. Rate cuts have an impact, but they do not always directly relate to your 15- or 30-year fixed mortgage rate. […]
A friend shared with me a brief five-minute clip of Simon Sinek’s Zoom meeting with his team last week. Simon is an author and motivational speaker, and in this video he discusses that he and his team will have to radically change the way they each do their individual jobs in addition to the company […]
For the purpose of this blog, we want to identify some of the provisions of the CARES Act that may impact you and aspects of your retirement. Please know that these changes are very new, and that we are proactively working to identify planning opportunities for each of our clients. We have summarized the some […]
Financial advising is unique for everyone, but saving for retirement is a very different financial situation than drawing down on retirement funds already saved or budgeting social security payments. For those in their senior years who have transitioned from saving to budgeting their retirement dollars, it is a good idea to engage a Certified Senior […]
As I begin my flight back to Norfolk after attending the trustees meeting of my alma mater, I am reminded that ignoring or not recognizing trends may result in you not being around when they become a reality. Change is hard, but ignoringit doesn’t make it go away. In fact, it only makes the inevitable […]
Let’s be honest—drastic New Year resolutions are overwhelming, especially when it comes to money and retirement planning. So, let’s break it down into some bite-sized applications for right NOW. Many of us ask ourselves each year, “How do I make this year’s finances better than past years without a massive overhaul of my lifestyle?” We […]
Each new year brings with it the implementation of new laws, especially financial and tax laws. At the end of 2017 Congress passed the largest piece of tax reform legislation in more than three decades, lowering marginal brackets for all taxpayers. Now we find that at the end of 2019, prior to the holidays, Congress […]