The earlier you make your IRA contributions, the longer they will grow. So, under that theory, you should have made your IRA contributions for tax year 2023 at the beginning of 2023. However, not everyone has the luxury of having the money ready to invest right away....
read moreThe COVID-19 pandemic changed the way many Americans shop, with online purchasing in the U.S. increasing steadily. More online shopping means more package deliveries for consumers. With the increase in deliveries, the FCC has received more and more complaints about...
read moreI had the fortunate opportunity to begin my career when interest rates were hovering at 12% and there was a regional economic recession. In all the years since then, I’ve learned that the economic pendulum swings back and forth and will eventually correct to...
read moreThe tax deferral accorded to IRAs and qualified retirement plans has helped to push total retirement resources in the USA to $33.6 trillion at the end of 2022 (Investment Company Institute 2023 Fact Book). Eventually, tax deferral must come to an end. The mechanism...
read moreAs a new year quickly approaches, it is important to put tools in place to manage and grow your business effectively. Cash flow can be limited when you are starting a business or managing daily expenses. A business credit card provides you with a line of credit for...
read moreIn today’s digital age, cybersecurity has become a paramount concern for individuals and businesses alike. While a treasure trove of information and connectivity, the internet is also a breeding ground for malicious entities seeking to exploit vulnerabilities....
read moreAs the seasons change and new routines begin, many consumers will turn their spending towards the holiday season. Whether online shopping or purchasing in-store, it is important to keep your card information secure. Do you know what credit card fraud looks like and...
read moreCaring for your aging parents is something you hope you can handle when the time comes, but it can be very challenging and is often the last thing you want to think about. Whether the time is now or somewhere down the road, there are steps you can take to make the...
read moreLiving in a high-interest rate environment presents a unique opportunity for your finances to grow in a significant way. At Arvest, our commitment is to empower customers with the knowledge and resources necessary to make informed financial decisions. We’re here to...
read moreEvery year since 2009, during the third week of October (the 17th through the 23rd in 2023), estate planners across the country recognize National Estate Planning Awareness Week. They work to help the public understand the value of estate planning and how it aligns...
read moreMyth: Social Security will provide most of the income you need in retirement. Fact: It’s likely that Social Security will provide a smaller portion of retirement income than you expect. There’s no doubt about it — Social Security is an important source of...
read moreHow much life insurance do you need? Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you’re young, you may not have a...
read moreIt’s not always easy to stay positive in a challenging market environment. We’re all human: we get tired, we get stressed or we just lose focus. Maybe it’s higher interest rates and low inventory, or maybe it’s a new technology we haven’t yet dedicated time to learn...
read moreRetirement plans and expectations vary greatly for each person, so the amount you need to retire and the method to reach that goal is unique and personal. One popular way to reach a retirement savings goal is with a 401(k) plan. Some estimate that 79% of Americans...
read moreMany parents hope to be able to send their child to college, but that diploma doesn’t come cheap. Unless you are very well off financially, it can be difficult to sit on the sidelines for years and then suddenly find the money to pay for college when your child...
read moreMost of our lives we are concerned with living in the moment–figuring out what we need to do today and how we might accomplish it. Sometimes, we can move beyond the moment, and think of our goals for the month, or even goals for the year. Many even benefit from going...
read moreImagine it’s the first day of school, and we’re handing you a pop quiz. How would you rate your knowledge of credit and debit card scams? Are you more on the “I got this” end of things – or “I’m totally lost”? Either way, there are likely types of scams you...
read moreCredit scores say a lot about financial health and habits, as they indicate to prospective lenders how much of a financial risk a person is when requesting a loan for a big-ticket item. Arvest offers seven tips to help individuals improve their scores and their...
read moreThe world 50 years ago was a lot different than it is today. An individual often worked at the same job all his or her adult life, lived in the same house, and stayed married to the same spouse. In those days, too, one spouse could support a family, paying for college...
read moreEveryone is familiar with 401(k) plans, but not everyone knows they come in different flavors, one of which is the safe harbor 401(k). The one thing all these special 401(k) plans have in common is that they’re generally simpler to maintain because they’re...
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