Tricapital Blog

RESOLVE TO SET YOURSELF UP FOR FINANCIAL SUCCESS IN THE NEW YEAR Making New Year’s resolutions is common but sticking to them isn’t easy. If you’re interested in tackling your financial fitness in 2020, read on for five suggested resolutions to tackle throughout the year. Create Your Budget Roadmap From

LEARN MORE ABOUT THE SWEEPING LEGISLATION DESIGNED TO FIGHT AMERICA’S RETIREMENT SAVINGS CRISIS In May 2019, the U.S. House of Representatives passed the Setting Every Community Up for Retirement Enhancement Act, commonly called the SECURE Act. Designed to help tackle our country’s growing retirement savings crisis, the far-reaching legislation spent

PRACTICAL TIPS FOR THE ‘SANDWICH GENERATION’ A growing group of Americans in their 30s, 40s, and 50s find themselves caring for both growing children and aging parents at the same time. Labeled the “Sandwich Generation,” these caregivers have unique financial planning needs – and they face unique financial stress, too.

LEARN MORE ABOUT A VALUABLE MEASURE OF YOUR FINANCIAL HEALTH Choosing to leave an inheritance to your children will greatly impact your retirement planning. You will need to adjust the amount you save, which retirement plans you choose and how you’ll take your distributions from them. However, the decision to

HOW THE PATH ACT OF 2015 REMOVED THE GUESSING GAME AND CREATED MORE FLEXIBILITY FOR RETIREES An Introduction to the Qualified Charitable Distribution For years, the rules surrounding the ability to utilize a tax-free Qualified Charitable Distribution (QCD) directly from your IRA to a non-profit were on-again, off-again. The rules

SIX STRATEGIES FOR MAKING GOOD DECISIONS IN DIFFICULT TIMES Even the most thorough planner among us will sometimes be caught off-guard by life circumstances we simply could not foresee. When this happens, we often find ourselves at the crossroads of a major life transition, and it can be both challenging