News and Commentary

Weighing the Choice between a Traditional IRA or a Roth IRA By Brendan T. Hayes

Posted on June 23, 2021 by Brendan Hayes

A Roth IRA is a unique retirement savings vehicle that allows eligible individuals to set aside money today for a potentially tax-free income stream in the future. Like a traditional IRA, a Roth arrangement allows individuals to make annual contributions of up to $6,000 in 2021, or $7,000 for savers age 50 and older. That […]

Relatable Finance Podcast Episode 79 – The Value of Small and Consistent Activity

Posted on June 22, 2021 by Joseph Karl

In this episode the relatable finance guys discuss the impact of small and consistent activity on your investment strategies.

Is now a good time for a Roth Conversion of your Retirement Savings? By Lee F. Hediger

Posted on June 10, 2021 by Lee Hediger

As the Biden Administration crystalizes its campaign promise of tax reform, one thing is clear: there is a likely chance that wealthy taxpayers will pay higher taxes on income and investments in the future. Preparing for this potential shift requires efficient estate planning and nimble execution. The current administration calls for increasing the top income […]

Stay Safe While Banking, Managing Investments Online By Brendan T. Hayes

Posted on June 09, 2021 by Brendan Hayes

Gone are the days when you had to make a special trip to your local bank branch to make a deposit or transfer money from one account to the other. Today, with the proliferation of mobile apps, you can manage all your banking and investing needs from the comfort of your home, or from any […]

Relatable Finance Podcast Episode 78 – Cryptocurrency Growth

Posted on June 08, 2021 by Shane Phillips

In this episode the relatable finance guys explain crypto storage and safety and why it can be helpful in a portfolio. Source: https://www.barrons.com/articles/bitcoin-could-be-worth-146-000-heres-how-51609865770 The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of […]

A Sane Strategy for Planning Through Life Transitions By Kathleen Marteney, CRPC®

Posted on June 02, 2021 by Kathleen Marteney

Navigating through major life transitions is stressful, regardless of whether they are anticipated rites of passage, such as a marriage or birth of a child, or unexpected events, such as a divorce, personal illness or death of a spouse. While these changes are inevitable, they need not be emotionally or financially devastating when you take […]

Relatable Finance Episode 77- The Relationship Between Bonds and the Market

Posted on May 25, 2021

In this episode the relatable finance guys discuss how bonds are an indicator of the broader markets. To learn more about Provenance Wealth Advisors services click here or contact us at info@provwealth.com

Now is the Time to Prepare for Potentially Higher Taxes on the Wealthy By Scott Montgomery

Posted on May 19, 2021 by Scott Montgomery

On April 28, 2021, President Biden addressed the nation and outlined his plans for reforming the U.S. tax code to help pay for a proposed $2.3 trillion American Jobs Plan and a more recently unveiled $1.8 trillion American Families Plan. Whether the provisions included in the president’s plans will ultimately pass into law remains to […]

Relatable Finance Podcast 76 – All Things Cryptocurrency

Posted on May 11, 2021

In this episode the relatable finance guys breakdown everything crypto. Prior to making an investment decision, please consult with your financial advisor about your individual situation. The prominent underlying risk of using bitcoin as a medium of exchange is that it is not authorized or regulated by any central bank. Bitcoin issuers are […]

Four Steps to Take Charge of Your Finances Now By Olga Ismail

Posted on May 06, 2021 by Olga Ismail

In our busy lives, it is not uncommon to put off for tomorrow the things we do not have time for today. This is especially true for those things that make us uncomfortable or that require a significant commitment of time and effort to squeeze into our already hectic schedules. However, by sweeping these issues […]

UPDATED Women Must Take Responsibility, Plan Early for Financial Independence in Retirement by Olga Ismail, AIF

Posted on April 28, 2021 by Olga Ismail

Women spend a significant portion of their lives putting their families first, tending to the needs of husbands, children and aging parents often before themselves. The problem is that as these women approach retirement age, they are finding themselves without the benefit of ample savings to carry them through their golden years. According to the […]

Relatable Finance Podcast Episode 75 – Clean Energy

Posted on April 27, 2021 by Joseph Karl

In this episode the relatable finance guys discuss various means of clean energy and how increased adoption could impact the markets. To learn more about Provenance Wealth Advisors services click here or contact us at info@provwealth.com

COVID-19 Forced Individuals to Plan for Worst-Case Scenarios By Kathleen Marteney, CRPC®

Posted on April 15, 2021 by Kathleen Marteney

Among the most critical lessons learned from 2020 and the COVID-19 pandemic is that no one is immune from a job loss, a business closing or a life-threatening illness. When these challenges do occur, it is often too late to develop plans that you can instantly put into motion to protect yourself and your loved […]

Relatable Finance Podcast Episode 74- Sports Betting, An Expert Explains

Posted on April 13, 2021 by Shane Phillips

In this episode the relatable finance guys talk to Austin Herdina, sports book manager, about sports betting. To learn more about Provenance Wealth Advisors services click here or contact us at info@provwealth.com

RMD from Retirement Accounts are Back in 2021 By Robert Mark Weiss, CFA

Posted on April 08, 2021 by Robert Weiss

For 2021, the IRS is again enforcing required minimum distributions (RMDs) from retirement accounts after a one-year hiatus due to the COVID-19 pandemic. However, the rules for taking RMDs have changed since the SECURE Act went into effect on Jan. 1, 2020, and those individuals who do not rely on RMDs for retirement income may […]