Kathryn J. Hower, CFP®

Many see Medicare and Medicaid as very similar. While they do have some similarities, the types of benefits and services of each can be distinctly different.

Do not put your financial plan on the shelf and carry-on as usual. It's essential that you engage a qualified wealth advisor to help develop your financial plan.

If you forgot to sign up for your employer's group insurance plan, or you if forgot about pre-tax contributions to a medical savings account, you may get a second chance this year.

Did you know the CARES Act includes favorable tax benefits for cash gifts made to qualifying charitable organizations this year?

Could a market correction negatively impact your retirement accounts? A self-directed IRA would provide an opportunity to incorporate non-traditional investments into your retirement portfolio, but make sure you do your research before jumping in.

Is your 2020 News Year's resolution related to your finances? A recent study shows that only 8 percent of New Year's resolutions are successful. What can you do to beat the odds and make your resolutions a reality?

Becoming the trustee of a trust or choosing a trustee for your trust is not a decision that should be taken lightly. There are many traits you should be looking for and responsibilities you should be aware of before committing to choose or become a trustee. We’ve broken down the responsibilities, as well as what qualities a trustee should possess to help make the process a bit easier for you.

High school graduations are just around the corner and in the past year you’ve likely spent a lot of time helping your child determine their field of study as well as the right college.

Your child is heading to college…The car is packed, and you’re ready to move her in. But aren’t you forgetting something? Have you talked with her about finances and making good financial decisions while she’s away? Now’s the perfect time to have that chat and make sure she’s ready to face all the financial intelligence “tests” she’ll encounter in college.

It’s May in Indy, the race car engines are revving and everyone is gearing up for the big race – but be aware of overspending on credit cards during the festivities or you could be on a collision course with bad credit. We break down the details on avoiding credit score dents to help you win your race for financial security!

Teaching children financial literacy skills early in life can help set them up for future financial success, but where’s a parent to begin? At Bedel, we encourage parents to teach the three S’s – saving, smart spending, and sharing. Read on for the details on each.

Is your child’s identity at risk? That might sound like a crazy question, but young children are prime targets for identity theft. We’ve outlined how children’s identities can be stolen, warning signs to look for, and what you should do if you find out your child has become a victim.