With a traditional IRA, you may qualify for a tax deduction when you invest your money. But later, when you take the money out in retirement, all those distributions are taxed. The Roth IRA is the opposite. It has no deduction when you put the money in, but...
Statistics say there is a seventy percent chance that you or your spouse will experience a need for long-term care! Long-term care includes a range of services and supports you may need to meet your personal care needs. Most long-term care is not medical care,...
Too many young people can’t afford college, and many more leave college under a mountain of debt. Here are 5 ways to plan for a debt-free education. First, invest early in college savings plans like 529s or state prepaid tuition plans – parents and...
Stimulus checks are now hitting bank accounts… What should you do with yours? Jeff Foster, CFP® is a Senior Partner and a Wealth Advisor at TVAMP. His favorite place to be is anywhere with his family: dinners at home, boating on Lake Loudon, sporting...
When one thing is down another is up… Burt Peake, Jr. is a Wealth Advisor with over 30 years of experience working with Knoxvillians. He was born and raised in Asheville, NC. His favorite hobby is fly-fishing in the Smokies. Burt writes about retirement...
The call that changed my life forever. Josh Klinger is a Wealth Advisor at TVAMP. He believes that wealth isn’t a privilege. Individuals and families must make consistent, conscientious financial decisions and exercise patience. He is actively...