Blog
Welcome to the CFBS Blog.
Most Advisors Planned for Student Loan Payments, Despite Biden Plan
Check out this informative article regarding IRA's with quotes from one of our lead advisors, Ryan Salah, CFP®, CPWA®Most Advisors Planned for Student Loan Payments, Despite Biden PlanPersonal feelings aside, most advisors...
Read MorePreserving Your Purchasing Power: 5 Ways to Beat Inflation in 2023
Preserving Your Purchasing Power: 5 Ways to Beat Inflation in 2023Inflation is a continuous concern for individuals looking to protect their hard-earned money. In 2023, it becomes even more crucial to safeguard your finances against...
Read MoreDebt Limit 101: Understanding the Consequences of America's Borrowing
The United States government is currently facing a major economic challenge: the debt limit. What is it, and what does it mean for the country's finances?The debt limit, also known as the debt ceiling, is a cap on the amount of money...
Read MoreThe ‘holy grail’ of investing accounts: How IRAs can boost your retirement savings
Check out this informative article regarding IRA's with quotes from one of our lead advisors, Ryan Salah, CFP®, CPWA®The 'holy grail' of investing accountsThe ‘holy grail’ of investing accounts: How IRAs...
Read MoreExploring the Advancements and Ethical Concerns of Artificial Intelligence
Artificial Intelligence (AI) has revolutionized the world, bringing numerous benefits to society. One of the most significant advantages of AI is its ability to automate repetitive and mundane tasks, freeing up time for humans to focus...
Read MoreShow All
The herd mentality: How to avoid following the crowd in investing
The herd mentality in investing refers to the tendency for individuals to follow the crowd and make investment decisions based on what others are doing, rather than doing their own research and analysis. This can lead to poor...
Read MoreMaximize your wealth: the impact of taxes on your financial plan and how to minimize them
Taxes are an important consideration when creating a financial plan. They can have a significant impact on your wealth and your ability to achieve your financial goals. In this blog, we'll go over the impact of taxes on your financial...
Read MoreSocial Security Benefits: How Much Will I Receive
RETIREMENTREAD TIME: 2 MIN Social Security Benefits: How Much Will I Receive Next to “When should I claim Social Security benefits?”, one of the more common questions people have is “How much will I receive?”...
Read More
Strategic vs. Tactical Investing
How do these investment approaches differ? Ever heard the term “strategic investing”? How about “tactical investing”? At a glance, you might assume that both these phrases describe a similar investment approach....
Read MoreThe I.R.S. Has Enhanced the 2020 RMD Waivers
Investors may be eligible to “undo” certain retirement account withdrawals before September. In March, the Coronavirus Aid, Relief, and Economic Security (CARES) Act became law. It was designed to help Americans impacted by...
Read MoreThe Pros and Cons of Early Retirement Plan Rollovers
A few things you may want to think about before filing for benefits. Whether you want to leave work at 62, 67, or 72, claiming the retirement benefits you are entitled to by federal law is no casual decision. You will want to consider...
Read MoreRoth IRA Conversion in the Era of COVID-19... Is it right for you?
The COVID-19 pandemic has shaken up nearly every aspect of American life. To say it’s been a difficult time would be an understatement. However, difficult times may open doors to new possibilities. Businesses are changing their...
Read MorePullbacks, Corrections, and Bear Markets: What’s the difference? What do these terms mean for you?
The COVID-19 outbreak has put tremendous pressure on stock prices, prompting some investors to blindly and indiscriminately sell positions at a time when the entire market is trending lower. Worried investors believe "this time it's...
Read MoreStan Evans Recognized as Top Financial Professional in the U.S. by HTK
Capital Financial Benefit Solutions, a Hunt Valley, Maryland based financial services firm, is pleased to announce that Stan Evans has been recognized by broker-dealer and registered investment adviser, Hornor, Townsend & Kent, LLC...
Read MoreTolerate the Turbulence
Volatility will always be around on Wall Street, and as you invest for the long term, you must learn to tolerate it. Rocky moments, fortunately, are not the norm. Since the end of World War II, there have been dozens of Wall Street...
Read MoreYour Diversified Portfolio vs. the S&P 500
“Why is my portfolio underperforming the market?” This question may be on your mind. It is a question that investors sometimes ask after stocks shatter records or return exceptionally well in a quarter. The short answer is...
Read MoreEight Mistakes That Can Upend Your Retirement
Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible. No Strategy.Yes, the biggest mistake is having no strategy at...
Read MoreWill You Avoid These Estate Planning Mistakes?
Many people plan their estates diligently, with input from legal, tax, and financial professionals. Others plan earnestly but make mistakes that can potentially affect both the transfer and destiny of family wealth. Here are some...
Read MoreThe Cost of Procrastination
Some of us share a common experience. You’re driving along when a police cruiser pulls up behind you with its lights flashing. You pull over, the officer gets out, and your heart drops. “Are you aware the registration on...
Read MorePension Plans & De-risking
A new term has made its way into today’s financial jargon: de-risking. Anyone with assets in an old-school pension plan should know what it signifies. De-risking is when a large employer hands over its established pension...
Read MoreThree Key Questions to Answer Before Taking Social Security
Social Security will be a critical component of your financial strategy in retirement, so before you begin taking it, you should consider three important questions. The answers may affect whether you make the most of this retirement...
Read MoreStan Evans Recognized as Top Financial Adviser in the U.S. by HTK
Capital Financial Benefit Solutions a Hunt Valley, Maryland based financial services firm, is pleased to announce that Stan Evans has been recognized by broker-dealer and registered investment adviser, Hornor, Townsend & Kent, LLC...
Read MoreIRA Withdrawals That Escape the 10% Penalty
An IRA, or Individual Retirement Account, is a tax-advantaged savings account that is subject to special rules regarding contributions and withdrawals. One of the central rules of IRAs is that withdrawals prior to age 59½ are...
Read MoreEarnings for All Seasons
While nature offers four seasons, Wall Street offers only one – four times a year. It’s called “earnings season,” and it can move the markets. So, what is earnings season, and why is it important? Earnings...
Read MoreYour Emergency Fund: How Much is Enough?
Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then, as you’re driving to work, giving yourself...
Read MoreIs America Prepared to Retire?
Are Americans saving enough? Only 19% of U.S. adults describe themselves as “very confident” when asked about their savings. Worry spots include retiring without enough money saved (16%) and anxiety about having a...
Read MoreStrategic vs. Tactical Investing
Ever heard the term “strategic investing”? How about “tactical investing”? At a glance, you might assume that both these phrases describe the same investment approach. While both approaches involve the periodic...
Read MoreBad Money Habits to Break
Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns, year after year. If you sometimes succumb to these financial tendencies, now is as good a time as any to alter your...
Read MoreA Look at HSAs
Why do higher-income households inquire about Health Savings Accounts? They have heard about what an HSA can potentially offer them: a pool of tax-exempt dollars for health care, a path to tax savings, even a possible source of...
Read MoreThe Value of Insuring Against Life’s Risks
When you are planning for your future, what do you think about? You may think about your retirement, enjoying having the time and money to take trips and pursue your interests. Maybe you think about your home and enjoying the feeling...
Read MoreYour 2019 Financial To-Do List
What financial, business, or life priorities do you need to address for 2019? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund...
Read MoreA Look Back at 2018 Thus Far
The year in brief. Last December, market prognosticators polled by Barron’s forecast a 7% advance for the S&P 500 in 2018. That prediction may come true. By early November, the S&P was up only about 5% for the year. Wall Street...
Read MoreEnd-of-the-Year Money Moves
What has changed for you in 2018? Did you start a new job or leave a job behind? Did you retire? Did you start a family? If notable changes occurred in your personal or professional life, then you will want to review your finances...
Read More