financial planning

Divorce and Taxes
Team SummitEmployee Financial Resource Center, Financial PlanningComments are off for this post
When you first got married, you probably had to read up on how to file taxes with your new spouse and new filing status. After a divorce, your tax considerations will change again. Besides determining your new filing status, you’ll have additional costs or gains that have tax consequences and if you have children, you’ll  Read More →
Planning for the Future: Life Insurance Options
Team SummitEmployee Financial Resource Center, Financial PlanningComments are off for this post
Purchasing a life insurance policy is an investment many people evaluate during the estate planning process. In the event of one’s death, a life insurance policy is a safety net that ensures their loved one’s future financial obligations will be met, covering items such as funeral costs, outstanding debt, estate taxes and everyday living expenses.  Read More →
Do You Have an Emergency Fund?
Team SummitEmployee Financial Resource Center, Financial PlanningComments are off for this post
If you had an unexpected emergency expense of $400, would you be able to pay for it? If your answer is no, you’re not alone. Forty-six percent of Americans said they would have difficulty with an emergency expense of $400.¹ Furthermore, 140 million Americans have little or no savings at all.² With an emergency fund  Read More →

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