Health Savings Accounts – The Tax Planning All-Star
July 23rd, 2021 by Jim AllenWhen it comes to saving on taxes, the “Holy Grail” is a vehicle that is considered triple tax free. This means that: (1) contributions would be tax deductible, (2) earnings
Ants & Grasshoppers – an Aesop’s Financial Fable
July 9th, 2021 by Jim AllenAesop was a Greek storyteller who lived 2500 years ago and is known for his “Fables” or short stories that usually have some moral associated with them. While many of
A Message from our Founder and Chairman Scott Spiering
June 24th, 2021 by Scott SpieringWhen I started Anchor Bay Capital almost 30 years ago, my goal was to build a firm that would take care of my clients for their lifetimes. Our firm’s mission
Are Tax and Retirement Law Changes on the Horizon?
June 14th, 2021 by Jim AllenWith a new President and Congress in place, and the COVID pandemic appearing to finally wind down, attention is now being focused on new tax legislation. The financial media has
New Tax Law Provides Some COVID Relief
March 16th, 2021 by Jim AllenAs you were likely aware, President Biden & Congress have been working on a major piece of tax legislation to provide financial relief to individuals impacted by the COVID pandemic.
Reddit/Gamestop Trading Frenzy: What Have We Learned?
February 16th, 2021 by Tanner WrisleyA few weeks ago, the stock market saw a number of meteoric rises from a number of specific retail stocks. These companies had no new news or change in outlook
For Social Security Planning- Both the Tortoise and the Hare Can Win
February 5th, 2021 by Jim AllenOne of the major financial decisions people nearing retirement must make is when to turn on their Social Security benefits. There isn’t one set age like there is for Medicare,
For Your Financial Plan- Be Like Gumby
January 26th, 2021 by Jim AllenWhen it comes to financial planning, being flexible is the key to long term success. Whether you are a pre-retiree or recently retired, you are potentially facing a 25-to-35-year retirement.
What’s New in Tax for 2021
January 13th, 2021 by Jim AllenAs we ring in a new year, we want to remind you of some tax law changes for 2021. While there were several significant pieces of tax legislation last
Market Update – 1st Quarter Review and Outlook for a Post-Pandemic Economy
May 20th, 2021 by Jonathan Chatfield, CFAAs the US ramped up its Covid-19 vaccination campaign, stocks rallied strongly in the first quarter. The S&P 500 posted a solid 5.77% gain. Bonds, meanwhile, were down as inflation