In our work as health insurance brokers, we have countless times run across prospects who are on Medicare health plans that are wildly inappropriate for their personal needs. When we see this, we sometimes ask the prospect how they wound up on that plan and the answer is often, “I just called some phone number on TV,” or “I just signed up for something online.” In this article, we would like to discuss the importance of working with a trusted local broker in making better Medicare decisions.
GLENS FALLS — The Board of Directors of Arrow Financial Corporation on April 28 declared a quarterly cash dividend of $0.26 per share payable June 15, 2021, to shareholders of record on June 2, 2021. This represents an increase of 3% over the cash dividend paid in the second quarter of 2020, as a result of the 3% stock dividend distributed on Sept. 25, 2020.
As a small business owner, having the right tools and resources is crucial for stability, growth and continued success. The same is true with your company’s banking relationship. When you partner with a financial institution, you want as much value and support as possible — both financially and strategically.
The 401(k) has become the de facto method of retirement savings for many Americans. Because it is more often than not the centerpiece of one’s finances, it is important to ensure its maximum efficiency. Mistakes can be costly, and they should be relatively easy to avoid given proper planning. We will look at the three biggest to provide an easy checklist for your situation.
In the crucible that is COVID-19, there are lessons to be learned. We have collectively faced many challenges over the last 12 months, but the focus of this piece will be using the pandemic as an opportunity to reevaluate one’s finances.
In 2020, we can use local sales tax collections as a way to evaluate consumer spending. The good news was that Saratoga County’s sales tax revenues declined by just 1.3% in 2020 versus 2019. The bad news is that sales tax collections in the City of Saratoga Springs dropped by 27%. The hope is that we’re now reopening many businesses and vaccinating more people every day. This should mean we are poised for an increase in consumer spending locally, in 2021.
Saratoga Springs - A common risk to investments that is typically an afterthought is the risk that your money will lose purchasing power in the future. Why is it an afterthought? Its symptoms are mostly imperceptible from day-to-day, so we focus on more pressing things like the potential loss in value caused by a March 2020-style crash. In our hopefully-soon-post-COVID environment, we will be forced to grapple with the effects of the massive efforts taken by both the government and Federal Reserve to keep our economy afloat. Where will we feel the effects? What can be done to protect your investments?
SARATOGA SPRINGS — Continuum Wealth Advisors was established in 2010 by Timothy Smith with the goal of providing more than just investment management.