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Eldercare Choices in the COVID-19 Era

Eldercare Choices in the COVID-19 Era Exploring your extended care options may be wise at this time. Given the threat of COVID-19, seniors today may be considering their extended care alternatives with extra caution.1 In addition to health factors, the cost can be an issue. According to Genworth’s 2020 Cost of Care Survey, the median annual cost of a semi-private room in a nursing home is now $90,000. A single-occupancy room may cost over $100,000 a year.1 While you could [...]

By |2020-08-07T14:43:37-04:00August 7th, 2020|Eldercare, Healthcare, Personal Finance|Comments Off on Eldercare Choices in the COVID-19 Era
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Retirement Plan Options for Small Businesses

Retirement Plan Options for Small Businesses The SECURE Act and CARES Act may complicate the decision. As a small-business owner, figuring out retirement choices can be a little intimidating. How do you pick the most appropriate retirement plan for your business as well as your employees? There are three main types of retirement plans for small businesses: SIMPLE-IRAs, SEP-IRAs, and 401(k)s. Read on below to learn more about each type of retirement plan. Also, keep in mind that recent legislative [...]

By |2020-08-07T14:32:23-04:00July 30th, 2020|Personal Finance, Retirement|Comments Off on Retirement Plan Options for Small Businesses
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When a Windfall Comes Your Way

When a Windfall Comes Your Way What do you do with unexpected money? Getting unexpected funds can be liberating, but it can also be frustrating. Sudden wealth can help you address retirement saving or college funding anxieties, and it may also allow you to live and work on your terms. On the other hand, you’ll pay more taxes, attract more attention, and maybe even contend with jealousy or envy. You may also deal with grief or stress, as a lump [...]

By |2020-07-14T14:31:19-04:00July 14th, 2020|Personal Finance, Savings and Investing|Comments Off on When a Windfall Comes Your Way
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The Federal Reserve’s Unprecedented Moves

The Federal Reserve’s Unprecedented Moves What they are. How they help. In response to the COVID-19 pandemic, almost every state in America is under some sort of stay-at-home order. This unprecedented time has also led many businesses, large and small, to downsize or close up shop entirely. In response to the drastic impact that COVID-19 has had on global and domestic concerns, the Federal Reserve Board has taken a multitude of measures to buttress the American economy. A Reserve reminder. [...]

By |2020-07-14T14:22:52-04:00July 1st, 2020|Business/Economic News|Comments Off on The Federal Reserve’s Unprecedented Moves
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Details on Tax Deadline Extension

Details on the Tax Deadline Extension The I.R.S. is giving you three additional months to file and pay. The Internal Revenue Service knows that many taxpayers have had a stressful spring. So,it has reset the federal tax deadline. You now have until July 15 to file your 1040 form. July 15 is also the deadline to pay any federal taxes owed for 2019.1 Beyond these important details, there are others to note. Keep in mind: this article is for informational [...]

By |2020-06-16T10:16:49-04:00June 16th, 2020|Congress, Personal Finance|Comments Off on Details on Tax Deadline Extension
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Photo Credit

Thank you to Salmon Falls Photography in Plymouth for use of their lovely photo in our header!

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Disclaimer

Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and North Light Financial Services are not affiliated. Cambridge does not offer tax advice. Office of Supervisory Jurisdiction: 46 Accord Park Drive / Norwell, MA 02061 Phone: 781-878-4063 Due to various state regulations and registration requirements concerning the dissemination of information regarding investment products and services, we are currently required to limit access of the following pages to individuals residing in states where we are currently registered: CA, FL, GA, HI, KY, IL, LA, MA, ME, NC, NE, NM, OR, RI, SC, TX, VT, WV. If we are not currently registered in your state please email us at info@northlightfinancialservices.com. We may be able to refer you to a representative in your area, or we may become registered in your state, at which time we could further discuss our services with you.

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