By Kelley Muhsemann Marketing Manager Wrapping up Financial Literacy Month, the fourth and final article in our financial literacy series takes a deep dive into the budding Generation Z. More commonly referred to as “Gen Z,” this cohort was born between 1997 and 2012, and make up about 14% of the U.S. population. According to...Read More
By Kelley Muhsemann Marketing Manager The third article in our financial literacy series focuses on Generation Y – more commonly known as “Millennials.” Born between 1981 and 1996, Millennials came of age during the Great Recession, and face a unique set of financial challenges compared to previous generations. In fact, according to Investopedia, Millennials “have entered...Read More
By Kelley Muhsemann Marketing Manager At R.W. Rogé & Company, Inc., we believe that empowering individuals with financial knowledge is crucial for building a secure future. To celebrate Financial Literacy Month, we’ve put together a series of articles that will delve into the unique financial challenges and priorities faced by different generations, providing tailored advice...Read More
In taxation, inheritance and estate taxes are often used interchangeably, leading to confusion among individuals navigating the complex landscape of wealth transfer. However, the difference between estate tax and inheritance tax lies in their fundamental purpose, calculation, and applicable rules. While both deal with the transfer of wealth after someone passes away, they target different...Read More
As you navigate through the different financial stages of life, your needs and priorities undergo significant transformations. From adolescence to retirement, each of the financial life stages presents unique challenges and opportunities. One of the keys to financial stability and success lies in recognizing and adapting to these changing circumstances. As a fee-only financial advisory...Read More
Naming Beneficiaries on Retirement Accounts Under the SECURE Act An interview with Katherine A. Southard, Esq. On December 20, 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, and then on December 29, 2022, the SECURE 2.0 Act (the Act) was signed into law, creating major changes for IRA Beneficiaries. More...Read More
By Kelley Muhsemann Marketing Manager The National Retail Federation estimates that 52% of American’s plan to celebrate Valentine’s Day this year, and the average consumer will spend $192.80, totaling nearly $25.9 billion in gifts. When you think about romance, personal finance is rarely what comes to mind. But whether you celebrate or not, Valentine’s Day...Read More
By Kelley Muhsemann Marketing Manager The Secure 2.0 Act was signed into law on December 29, 2022, and is designed to improve retirement savings options. The Act gives retirees 72 and under an extra year before having to withdraw money from their retirement accounts, but the updates can also benefit pre-retirees. Here’s what you need...Read More
By Steven M. Rogé, MBA, CFP®, AIF® Managing Director & Chief Investment Officer Did you know that 37.2 million Americans live in poverty according to the Census Bureau? That is roughly 11% of all citizens in this country, even though Americans gave over $471 billion to charities in 2020, up 5% from 2019. There are...Read More
