by sochafinancial | Mar 29, 2023 | Educational
Are you considering a Roth Conversion? If so, you may have heard how it can help give you more control over your taxable income in retirement. What exactly is a Roth Conversion? A Roth Conversion involves transferring retirement funds from a traditional-type IRA or...
by sochafinancial | Mar 16, 2023 | Educational
Volatile markets: Don’t rely on headlines for guidance on when to invest Falling markets and drastic headlines can tempt individuals to abandon their long-term investing plans. Their thinking might go something like, let’s wait until it’s over, hoping to catch the...
by sochafinancial | Feb 1, 2023 | Informational
Black History Month is a time of celebration and recognition of the history, achievements, and influence of the Black community. While we hope this spirit of recognition isn’t limited to one month, we wanted to take this opportunity to honor a few of the many lives...
by sochafinancial | Jan 12, 2023 | Informational
The Federal Open Market Committee (FOMC), a body of the Federal Reserve System – holds eight regularly scheduled meetings during the year. At each meeting, the committee discusses the outlook for the U.S. economy and monetary policy options. 2023 FOMC Meeting...
by sochafinancial | Jan 4, 2023 | Educational
The age at which individuals begin taking required minimum distributions (RMDs) increased to 73 from 72 on January 1, 2023. If you turned 72 in 2022 or earlier, you must continue taking RMDs as scheduled. If you are turning 72 in 2023 and have already scheduled your...
