Bouchey Blog
Written by: Nicole Gobel, CPA In every industry there are acronyms. In the investment advisory and tax planning world, RMD or MRD is often used. Both stand for Required Minimum Distribution. This is the minimum amount one must take as a distribution from various retirement accounts each tax year and is specific to each individual…
Written by: Vincenzo Testa, CPA In the 21st century, the cost of college tuition has nearly doubled. The annual growth rate of college tuition has been 6.8%. The cost of college tuition is growing at a rate that is significantly outpacing average annual inflation. If you plan to pay for a child or grandchild’s college…
Written by: Marty Shields, CFP®, AIF Developing an estate plan is not high on many people’s to-do list because it can be overwhelming to think about, and everyone hopes it is not needed until many years in the future. The fact is that life is uncertain and if something were to happen, the difference between…
Today we are excited to celebrate International Women’s Day with our team, our families and our clients. Here at Bouchey Financial Group, we are dedicated to the advancement of women in all areas of their lives. We are proud the majority of our team members are female including half of our wealth advisors. Our team…
Starting my career in finance at the turn of the century, I have lived through some of the best and worst times in investing and witnessed the role emotions play in decision making. Investors have experienced several market crashes (dot-com bubble, financial crisis, COVID-19) as well as seeing the S&P 500 roughly triple in that…
A Letter To Our Clients: I’ve been up all night monitoring the most telegraphed war and how it will affect markets around the world. First and foremost, my heart goes out to the good and innocent people of Ukraine who are being uprooted, hurt or worse because of this senseless act of war. I have…
Written by: Jenny D. Foley, CPA Millions of people in the United States continued to work from home during 2021 due to various Covid protocols. While remote work has continued to gain in popularity, there are also an array of costs associated with maintaining a home office. Are any of these expenses tax deductible? The…