Are you unsure if you’re on the right track with your savings and investments? Are you finding yourself with new responsibilities, such as the care of a child or an aging parent, or facing other life events like marriage, divorce, the sale of a family business or a career change? These are only some of
Due to the coronavirus pandemic, the due date for filing federal income tax returns and making tax payments has been postponed by the IRS from Wednesday, April 15, 2020, to Wednesday, July 15, 2020. Taxpayers will incur no interest, penalties or additions to tax during this 90-day relief period for any return or payment postponed
Keeping your cool can be hard to do when the market is turbulent. It’s useful to have strategies in place that prepare you both financially and psychologically to handle market volatility. Here are 11 ways to help make thoughtful decisions and understand the long-term impact of your decisions on your ability to achieve your financial
At Elevations, our experienced Mortgage Loan Officers and Mortgage Sales Managers are here to help you navigate the homebuying process. One of our top-notch Mortgage Sales Managers, Blake Schaefer, spent years in the title industry before becoming a Mortgage Loan Officer and then a Mortgage Sales Manager. Find out why he has stayed in the
How much are you saving for retirement? It’s essential to know how much you can contribute to your IRA, Roth IRA and employer retirement plans. Limits can change year to year. Read on to see what’s changed in 2020. The maximum amount you can contribute to a traditional IRA or a Roth IRA in 2020
It’s time. Your dream of being a homeowner on the Front Range of Colorado is coming true. But, what first steps should you take? As you explore the Colorado real estate market, you’ll have to demonstrate your financial stability to lenders, real estate agents and sellers. Here are a few ways to get started. Money
One of the longest-standing investing debates is over the relative merits of active portfolio management versus passive management. With an actively managed portfolio, a manager tries to beat the performance of a given benchmark index by using his or her judgment in selecting individual securities and deciding when to buy and sell them. A passively
As many as 78% of Americans see homeownership as a defining characteristic of the American Dream, according to a recent report by Mynd, a tech-enabled real estate company.1 There are many benefits to homeownership, but the ability to use home equity to reach other financial goals is one that many homeowners may not have considered.
Why does your credit score matter? How can you improve it? Where do you even begin? All of these questions are important to ask if you’re considering buying a home. To qualify, a minimum credit score may be required depending on the overall loan profile. The higher your credit score, the more likely you are
Many folks have questions about their 401(k) dollars. How to access them and how to convert them moving forward. It can be confusing, but the CFS* wealth management advisors at Elevations can help you navigate your choices like the example below. Here’s the dilemma: You have a traditional 401(k) that contains both after-tax and pre-tax
