A college education is one of the greatest investments you can make for your child, but without proper planning, the costs can be overwhelming. At NovaPoint, we provide high-net-worth individuals and military families with expert financial guidance to ensure they maximize every opportunity to fund their child’s education. With rising tuition rates and inflation, …
Continue reading “Secure Your Child’s Future with Strategic College Planning”
The S&P 500 Index finished the week higher to break its four-week losing streak. For the week, the S&P 500 Index was +0.5%, the Dow Jones Industrials +1.2%, and the NASDAQ +0.3%. The S&P 500 Index was led by the Energy, Financial, and Health Care sectors, while the Materials, Utility, and Consumer Staples sectors …
The equity market saw a welcome relief rally on Friday but closed lower for the week. For the week, the S&P 500 Index was -2.2%, the Dow Jones Industrials -3.0%, and the NASDAQ -2.4%. The S&P 500 Index was led by the Energy, Utility, and Financial sectors, while the Consumer Staples, Consumer Discretionary, and …
Charitable giving is an excellent method for individuals to support causes they care about while also reducing their tax liability. There are various philanthropic vehicles available to gift cash, appreciated securities, real property, and other tangible personal property. Charitable giving strategies can be applied throughout one’s lifetime to help reduce current tax liability and …
Uncertainty caused by new policies such as lower government spending and tariffs to shape trade has weighed on the equity markets. For the week, the S&P 500 Index was -3.1%, the Dow Jones Industrials -2.3%, and the NASDAQ -3.2%. All sectors in the S&P 500 Index were lower for the week with the smallest …
Despite a strong showing on Friday, the S&P 500 Index closed lower for both the week and month. For the week, the S&P 500 Index was -1.0%, the Dow Jones Industrials +1.0%, and the NASDAQ -3.4%. The S&P 500 Index was led by the Financial, Real Estate, and Health Care sectors, while the Technology, …
The Mega Backdoor Roth Conversion The Mega Backdoor Roth strategy offers a unique opportunity for high-income earners to significantly boost their retirement savings by converting after-tax 401(k) contributions into a Roth account. This approach allows for tax-free growth and withdrawals in retirement, making it an attractive option for those looking to maximize their tax-advantaged …
The S&P 500 Index experienced both a new all-time high and its worst down day of the year last week. For the week, the S&P 500 Index was -1.6%, the Dow Jones Industrials -2.5%, and the NASDAQ -2.2%. The S&P 500 Index was led by the Utility, Health Care, and Energy sectors, while the …
Equity markets rebounded last week as investors continue to absorb new information on the economy, government spending, and proposed tariffs at rapid speed. For the week, the S&P 500 Index was +1.5%, the Dow Jones Industrials +0.6%, and the NASDAQ +2.5%. The S&P 500 Index was led by the Technology, Communication Services, and Consumer …
As investment advisers, we often talk about strategies that not only grow assets but also build lasting legacies. One such strategy is gifting to a family member’s Roth IRA—a tool that helps secure financial independence, offers tax-free growth, and ensures your loved ones can enjoy the benefits of early retirement planning. The Power of …
404.445.7885
