Call Us Today! 1.774.773.3104|info@northlightfinancialservices.com
FacebookLinkedInEmail

financial planner plymouth ma

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
Read More

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
Read More

FAQs About the 2020 Stimulus Checks

FAQs About the 2020 Stimulus Checks Answers to some frequently asked questions. The federal government is providing a little economic relief to many taxpayers. The Internal Revenue Service is sending millions of Economic Impact Payments – or as they are commonly called, stimulus checks – to households. Here are some facts to know about these payments. Keep in mind: this article is for informational purposes only. It’s not a replacement for real-life advice, so make sure to consult your tax [...]

By |2020-06-16T10:11:12-04:00June 2nd, 2020|Congress, Personal Finance|Comments Off on FAQs About the 2020 Stimulus Checks
Read More

Federal Student Loan Relief – CARES Act

Federal Student Loan Relief How does it work? What should you do?  Are you or someone you know currently making federal student loan payments? In light of the COVID-19 pandemic, some welcome relief may be on the way. Thanks to the recent passage of the CARES Act, the U.S. Department of Education will allow you to temporarily halt your federal student loan payments from March 13, 2020 until September 30, 2020.1 What should you do next? At this time, no [...]

By |2020-05-19T14:55:29-04:00May 19th, 2020|Financial Fitness, Student Loans|Comments Off on Federal Student Loan Relief – CARES Act
Read More

Tax Considerations for Retirees

Tax Considerations for Retirees Are you aware of these potential tax breaks and tax-saving opportunities?    The federal government offers some major tax breaks for older Americans. Some of these perks deserve more publicity than they receive.   At age 65, the Internal Revenue Service gives you a larger standard deduction. For 2020, standard deductions look like this for taxpayers 65 and older: single filer or married filing separately, $14,050; head of household, $20,300; married filing jointly or qualifying widow(er), $26,100 [...]

By |2020-05-08T14:14:24-04:00May 7th, 2020|Retirement|Comments Off on Tax Considerations for Retirees
Read More

Photo Credit

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

logo

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: FL, IL, KY, LA, MA, ME, NC, NH, NM, OR . 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.

Cambridge’s Form CRS (Customer Relationship Summary)
Go to Top