On December 19, 2019, the Setting Every Community Up for Retirement Enhancement Act of 2019, better known as the SECURE Act—which originally passed through the House in the spring—was finally approved by the Senate as part of an end-of-year appropriations act and accompanying tax measure. The new law, signed by President Trump on December 20, is mainly intended Read more
Personal Finance
Holiday Tidings: Time for Year-End Planning
The holidays are a whirl of parties, presents, lights, and looking back on the year just about over. Along with the rest of the seasonal activities, we at Bowen Asset Management hope you’ll have time for one more: our year-end planning checklist. We hope this will make for a happy reflection on the old year Read more
Time for Budgeting 101
Managing your money is always important. For new graduates making the move from classroom to workplace it’s an essential skill. The three main priorities of financial adulthood are paying down debt, building up emergency savings, and saving for retirement. (For more on this, see the Bowen Report “Personal Finance Tips for College Graduates”: https://bowenasset.com/personal-finance-tips-for-college-graduates/) An Read more
What’s an ETF? And Why Isn’t It a Mutual Fund?
In February, Bowen Asset Management attended the annual “Inside ETFs” conference in Hollywood, Fla. The four-day gathering, which Bloomberg called “the marquee event for exchange-traded funds,” featured appearances by 200 speakers — including Nobel laureate economist Robert Shiller, former NFL quarterback Joe Montana, political strategists and news analysts Michael Steele and Donna Brazile, and author Read more
Auld Lang Syne: Time for Year-End Planning
The holiday season is a time for good cheer, family and friends, celebration of the present (and presents) and reflecting on the past year. With your requests to Santa out of the way, it’s good to look at another important list: our year-end planning checklist. Take some time between the eggnog and champagne to go Read more
College Credit: 529 and Coverdell Educational Accounts
So you’ve gotten that firstborn into college. You may be dealing with the separation well. The tuition bill? That’s another subject. Firstborn may be taken care of, but the siblings are lined up, cap and gown in hand, to graduate from high school in turn and set off. What to do? Well, even if your Read more