Author: Kelly Larson

In the world of investing, risk is nearly unavoidable. Some investments are riskier than others, but while they may be more risky, they may also have the potential for higher reward. Likewise, some investors are willing to take on more risk than others to achieve their financial goals. How comfortable are you with risk? The following quiz may help you determine your risk tolerance. How many years until you reach retirement or other financial goals? Less than five years. 5…
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Prom is just around the corner  – a milestone for your children but something you have been dreading. The costs associated with prom can be outrageous, from the tickets, to the dress, to the limo they can really add up quickly. We have come up with some tips to help you be pro-active and stay within your budget. Create a budget – According to a Visa Inc survey published by Fortune, the average American family will spend $919 on prom….
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If you are opening an IRA for the first time or need a refresher course on the specifics of IRA ownership, here are some facts for your consideration. Contribution limits. In general, the most you can contribute to an IRA for 2017 is $5,500. If you are age 50 or older, you can make an additional “catch-up” contribution of $1,000, which brings the maximum annual contribution to $6,500 Eligibility. One potential area of confusion around IRAs concerns an individual’s eligibility…
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