In recent weeks, the Federal Reserve made its first move of this year, cutting interest rates by 0.25%. Markets expect additional cuts in the coming months as inflation trends lower and signs of a cooling labor market emerge. The economy, however, continues to show resilience. Equities: U.S. stocks remain near record highs, supported by strong corporate […]

Managing investment risk is one of the most critical elements of building and maintaining long-term wealth. At Canty Financial, we don’t see risk as something to avoid entirely; rather, we view it as a factor to balance based on your financial goals, time horizon, and comfort level. This article explains how we approach investment risk […]

Inheriting an investment account can significantly impact your financial situation, but it also comes with important tax considerations. Whether you’ve inherited a regular brokerage account, an IRA/401(k), Roth IRA, or a trust, understanding the tax implications is crucial for managing your newfound wealth effectively. This article will guide you through the key tax issues related […]

We frequently hear from clients who have a few scattered investment accounts or old employer retirement plans that they’ve left behind. These accounts often end up spread across different institutions, causing stress and concern about potentially forgetting about them and leaving money unclaimed. Managing multiple accounts can become overwhelming and stressful, but consolidating your investment […]

It’s important to understand the tax implications of investment decisions because taxes can have a significant impact on your investment returns. Here are some real-life examples we’ve seen of tax investment mistakes. Misuse of IRAs and Roth IRAs There are several common tax mistakes associated with IRAs and Roth IRAs, including: Early withdrawal penalties: If […]

Changing jobs is a time of transition with a lot to do. Getting up-to-speed at your new employer is important and a top priority. When leaving a company, it’s crucial not to forget about your old 401(k) account. What to do with this retirement money is a critical decision to make during this period of […]

ETFs and mutual funds are the two main types of managed accounts for investors. The IRS tax treatment of ETFs and mutual funds is the same, however, the structure of ETFs can make them a more tax-efficient option for taxable accounts.  Let’s take a look at why ETFs are generally more tax-efficient than mutual funds.  […]

Asset location pertains to the types of investment assets that are best held in various types of accounts. Asset location is a tax minimization strategy that matches various types of investments with the type of account best-suited for that type of investment holding.  Asset Location Basics  Asset location is about strategically holding investments in accounts […]

For many of us, our employer’s 401(k) plan is our primary retirement savings vehicle. Participating in the plan is generally easy and painless. Your contributions are deducted from your paycheck each pay period, there is nothing that you need to do other than select how you want your money invested. Some companies even offer a […]

Retirement is a common investing goal for many people. How you invest both while saving for retirement and once you are retired is important and can have a big impact on your financial security in retirement.  Here are some retirement investment mistakes to avoid.  Saving and Investing for Retirement – the Accumulation Phase  While you […]