Roth IRA Conversions

With the lure of tax-free distributions, Roth IRAs have become increasingly popular retirement savings vehicles. According to the Investment Company Institute, 19.1 million U.S. households (about 15.6%) owned Roth IRAs in 2013. … Read More

What Is Inflation and Why Should You Care About It?

Prices: Up, up and away   Inflation occurs when there is more money circulating than there are goods and services to buy. The process is like trying to attend a sold-out concert at the last minute; there is more demand … Read MoreRead More

Exchange-Traded Funds: Do They Belong in Your Portfolio?

Exchange-traded funds (ETFs) have become increasingly popular since they were introduced in the United States in the mid-1990s. Their tax efficiencies and relatively low investing costs have attracted investors who like the idea of combining the diversification of mutual funds … Read MoreRead More

Saving for College

There’s no denying the benefits of a college education: the ability to compete in today’s competitive job market, increased earning power, and expanded horizons. But these advantages come at a price–college is expensive. And yet, year after year, thousands of … Read MoreRead More

Changing Jobs? Take Your 401(k) and Roll It

If you’ve lost your job, or are changing jobs, you may be wondering what to do with your 401(k) plan account. It’s important to understand your options. … Read More

Setting and Targeting Investment Goals

  Go out into your yard and dig a big hole. Every month, throw $50 into it, but don’t take any money out until you’re ready to buy a house, send your child to college, or retire.  It sounds a … Read MoreRead More

Should You Pay Off Your Mortgage or Invest?

Is it smarter to pay off your mortgage or invest your extra cash? Owning a home outright is a dream that many Americans share. Having a mortgage can be a huge burden, and paying it off may be the first … Read MoreRead More

Retired or Near Retired… Market Risk Takes On a Whole New Meaning

Terry L. Norris, CFP®, CLU, ChFC President & Founder Norris Financial Group, LLC 864.235.6408 terry.norris@norrisfinancialgroup.com     Often times we have heard the phrase, “What you don’t know can’t hurt you.” If you are retired or nearing retirement, what you … Read MoreRead More

Key Numbers for 2015: Tax Figures at a Glance

Taxes are never exciting unless you are getting a refund, even then, they are still a pain in the you know what. There are too many ever-changing numbers to remember, and in general, the tax code is way too complicated. … Read More

Inflation and Bonds: The Ups and Downs

The price/rate seesaw Inflation has an impact on most securities, but it can particularly affect the value of your bonds. Why? Because bond yields are closely tied to interest rates, and when interest rates and bond yields rise, bond prices … Read MoreRead More