Articles From Lumsden McCormick Financial Services

The city of Detroit emerged from bankruptcy in 2014. Still, its previous inability to pay investors left some questioning their long-held assumption about the relative safety of municipal bonds.

Let's review some of the forms investment inaction takes.

Lumsden McCormick would like to share our season tickets with you!

While economic headwinds may create obstacles, building wealth is still possible through intentional planning and consistent action.

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.