taxes

Elections & Markets: Will Higher Taxes Sink Stocks?
Team SummitEmployee Financial Resource Center, Investment ManagementComments are off for this post
With elections just weeks away, there is no shortage of things investors are worrying about.  In the event of a Democratic sweep, one of the central concerns is higher taxes, leading to a common question – will higher corporate taxes sink stock markets? Democratic candidate and former Vice President Joe Biden’s proposed tax plan would  Read More →
To Roth or Not to Roth
Team SummitEmployee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
Many 401(k) and 403(b) retirement plan participants are uncertain as to the benefits of saving their contributions on a Traditional (pre-tax) or Roth (after-tax) basis. As a reminder, although you get a current year tax deduction for pre-tax contributions, the principal and growth will be taxable in retirement.  In contrast, Roth contributions are made with  Read More →
Teaching Kids About Money
Team SummitBudgeting & Debt, Employee Financial Resource CenterComments are off for this post
As a parent, it’s your responsibility to teach your children about the world, including how to manage money. Financial literacy is one of the most important lessons you can impart on your children to make them successful in adulthood. Raise fiscally responsible children by teaching them the right lessons for their developmental level. Teach them  Read More →

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