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"Education is the foundation of better financial decisions"

A Financial Advisor’s Advice to the Young

By Northwest Financial & Tax Solutions | January 24, 2020

Do Not Read If You Are Over 25 By David Topper Everyone wants simple steps. 10 steps to finding true love, 7 steps to real estate fortune. Even Lynyrd Skynyrd requested “3 steps” (okay probably someone under 25 won’t get that reference but if you YouTube it you will be rewarded). I like things extra…

The SECURE Act Retirement Changes

By Northwest Financial & Tax Solutions | January 17, 2020

The Secure Act: Let’s take a moment and update everyone on the SECURE Act and the recent changes to our retirement system it introduced. On December 20, 2019, President Trump signed a spending package into law, part of which included the SECURE Act (Setting Every Community Up for Retirement Enhancement). This is one of the…

Do You Know The Advantage of Having a 457(b) Plan?

By Northwest Financial & Tax Solutions | January 10, 2020

The 457(b) Have you been considering a 457(b) plan through your employer? 457(b) plans are very similar to a 401k or other employer offered plans. They are typically for governmental employees. The 457(b) plan allows you to deposit and save money into the plan pre-tax, lowering your taxable income each year, and grow tax deferred.…

The Hidden Gem of Retirement Savings Accounts

By Northwest Financial & Tax Solutions | March 21, 2019

When saving for retirement, you’re probably aware of the benefits of using tax-preferred accounts such as 401(k)s and IRAs. But you may not be aware of another type of tax-preferred account that may prove very useful, not only during your working years but also in retirement: the health savings account (HSA). Northwest Financial & Tax…

Before You File, Know What’s Changing With 2018 Tax Returns

By Northwest Financial & Tax Solutions | February 22, 2019

Much has changed in 2018 thanks to the Tax Cuts and Jobs Act – here are the most critical things for you to know before filing. The most obvious change will be to the tax form itself. When you file your 2018 return, it’s going to be on a newly designed Form 1040. Not quite the size…

Due Date Approaches for 2018 Federal Income Tax Returns

By Northwest Financial & Tax Solutions | February 22, 2019

Tax filing season is here again. If you haven’t done so already, you’ll want to start pulling things together — that includes getting your hands on a copy of your 2017 tax return and gathering W-2s, 1099s, and deduction records. You’ll need these records whether you’re preparing your own return or paying someone else to…

Considering a Career Move in 2019? Consider These Things First

By Northwest Financial & Tax Solutions | December 20, 2018

Changing careers can be rewarding for many reasons, but career transitions don’t always go smoothly. Your career shift may take longer than expected, or you may find yourself temporarily out of work if you need to go back to school or can’t immediately find a job. Consider these four tips to help make the financial…

Should You Worry About the Recent Rollercoaster Market?

By Northwest Financial & Tax Solutions | December 12, 2018

It’s safe to say we are in the middle of some volatile times on Wall Street. U.S. markets have been on a roller coaster ride. Plenty of folks may be looking at their retirement accounts with some trepidation. In a recent interview with KXL radio’s Cooper Banks and Lucinda Kay, Northwest Financial & Tax Solutions…

Statement from Jason T. Lambert, Portfolio Manager / Senior Vice President

By Northwest Financial & Tax Solutions | November 21, 2018

November 21, 2018 As many of you may have seen, we have experienced an increase in trading as of last week. In response to technical signals received. we have moved to a more defensive position in our growth model only. If you are involved in any other sleeves they are not affected.  What this means…

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