Bouchey Blog

Secure Act 2.0

The SECURE Act 2.0 – What Does It Mean for You?

By Samantha Masey | January 11, 2023

Written By: Harmony Wagner, CFP® Congress passed the SECURE (Setting Every Community Up for Retirement Enhancement) Act 2.0 the last week of December, and with it came many changes for retirees and those saving for retirement. With over 4,000 pages, the bill is a significant one, addressing topics such as Required Minimum Distributions (RMDs), 401(k)…

Bouchey donates gifts

Local Families Receive Christmas Gifts

By Samantha Masey | December 23, 2022

This holiday season our organization was able to support some families in need in our local community through Commission on Economic Opportunity. Lauren Bouchey shopped and wrapped the weeks leading up to delivering our Christmas gifts to Kate Maciol and her dynamic team for numerous families. Their mission is “Changing lives, improving our community “, which…

Holiday Party

BFG Holiday Party

By Samantha Masey | December 19, 2022

Tis the season to be grateful for all that we have, and for me, to serve others in our community or on the streets who can use a helping hand. But this weekend, I celebrated with my 18 amazing professionals who I’m blessed to work with to manage our clients’ wealth. We took over the…

The Ronald McDonald House Charities

By Catherine Buck | December 7, 2022

For the past 40 years, the Ronald McDonald House on S. Lake Ave, Albany has provided free housing and food for families with children who have life threatening medical conditions and are being treated at Albany Med or St. Peters. Three beautifully maintained, conjoining homes radiate a sense of safety and comfort with a large,…

2022 planning checklist

2022 End of Year Planning Checklist

By Samantha Masey | December 6, 2022

It may be hard to believe, but we are nearing the end of 2022. This time of year is an opportune time to evaluate your financial situation, review your risk management plan, and define action steps for any items that need to get done before year-end. To assist with this process, we have prepared an…

US Inflation

Personal Finance Strategies in a Higher Interest Rate Environment

By Samantha Masey | November 8, 2022

Written by: Vincenzo Testa, CPA Inflation is a healthy evil when the cost of goods and services increase year-after-year at modest percentages. During the past 25 years, inflation usually ranged between 2-3% as shown in the exhibit below, which is an optimal increase in the cost of goods and services. The U.S. Labor Department announced…

Risk Management

What You Need to Know About Financial Risk Protection

By Samantha Masey | November 1, 2022

Written by: Marty Shields, CFP®, AIF® When most people are considering financial risk management their first thought goes to mitigating downside risks with their investment portfolios.  Although this can be an important part to a long-term financial plan, in most cases it is not as important as managing financial risks through having the proper insurance…