Articles From Lumsden McCormick Financial Services

In this article, we’ll break down some of the most common social security myths.

For the average investor, the financial landscape can sometimes feel like a complex maze with limited access to certain investment opportunities.

Want to give your child or grandchild a financial head start? A Roth IRA might be a choice to consider.

Taxpayers and businesses spend an estimated 7.9 billion hours a year complying with tax-filing requirements, which is worth $413 billion in economic value just to comply with tax regulations.

If a departed family member earned taxable income during the year in which they died, then federal taxes may be owed. An executor or a survivor must, therefore, file a final federal income tax return.

In 2001 Congress passed a law that can help older workers make up for lost time. But few may understand how this generous offer can add up over time.

What happens if your child or grandchild decides college isn't the right path for them?

Whether or not a job loss or layoff comes unexpectedly, you may have more choices than you think. Here are a few things to consider.

The Internal Revenue Service (IRS) has released new limits for certain retirement accounts for the coming year.

In the final days of 2022, Congress passed the SECURE Act 2.0, a new set of rules designed to help investors who wanted to contribute to retirement plans.