Important Changes from Secure Act 2.0 in 2022
You probably remember hearing about the SECURE (Setting Every Community Up for Retirement Enhancement) Act that was passed in December 2019 and became a law as of January 1, 2020. This was the legislation that made changes to retirement savings and required minimum distributions from retirement plans. Specifically, the age for taking RMDs was increased […]
We will save $13,660 on health premiums in 2022 by using the Affordable Care Act Marketplace
Two years ago, my husband and I decided to leave the group health plan that we used through his company and try an Affordable Care Act (ACA) health plan through the Marketplace. You can read all about that decision and how our first year using the ACA plan went by reading this blog post from […]
We left our Group Health Plan for the ACA: Here is how it worked out
My husband and I are both partners in our firms, so neither of us have health care costs subsidized by employers. We have traditionally participated in his firm’s group plan, but rising costs over the past few years led me to look at other options. I started looking into the Affordable Care Act (ACA) plans […]
First-Time Homebuyer? Here’s How to Prepare Financially
Recently I was asked to send in my top tip for first-time homebuyers to be included in a blog post for Redfin. It was fun to get it back and see what other thoughts the other CFP® professionals offered. Apparently many of us think alike! I don’t agree with everything said here, but it is […]
My parents told me they would pay for college. This is what I will tell my kids instead.
I was a very lucky kid. My parents worked hard and instilled a work ethic and ambition in their three children. They achieved financial success and were grateful to be able to offer us opportunities that they did not have. We benefited from music lessons, dance classes, enrichment opportunities and travel. They also told us […]
Let’s talk about the B-word
…the part of financial planning that everyone dreads, no matter their income. This week I received an email from a client with some answers to follow-up questions about her financial plan. At the end she wrote, “no progress on the b-word. Sorry.” It made me laugh out loud. The b-word that she so dreads is, […]
Two incomes may not be better than one
Or, why some well-educated feminists stay home. [The messy truth about gender roles in my family.] When my husband made partner at his law firm in 2009, they hosted a small but sweet dinner for him, along with the other new partners and their spouses. I had been a stay-at-home mom for a few months […]
My Son Decided Not to Do His Homework
…and I Think that Bodes Well for His Future Before laying out this potentially controversial argument about the value in my child’s decision not to do homework, let me make an obvious disclaimer: I am not a parenting expert. I love being a mom, and it is my most important work, but my husband and […]