On Fox 26 Houston:  If you have a flexible spending account, time is running out to use up the balance. That’s why we brought in financial planner Scott Bishop. He explains what we need to know.

One of the much-touted boons of the Roth IRA is your free—at least, relative to other retirement accounts—ability to withdraw funds from it when you wish and at the rate you wish.

Anyone who lived through a recession knows that it can cause financial pain, no matter your level of wealth or employment status. This means that preparing for a recession is always the right move for your financial well-being.

When it comes to retirement, mistakes matter. Often, decisions are irrevocable. Often, you won’t realize the cost of your mistakes until it’s too late. Or put another way: “As almost everyone goes through a retirement plan just one time,” says Scott Bishop of STA Wealth Management. “Don’t wing it.”  What are some of the biggest mistakes that retirees make and how can they recognize and fix errors? 

When thinking about financing a small business most people automatically think of bank loans, but that’s just one option. These days, there are a variety of possibilities available for funding your business. If you’re in a similar situation as described by Eric Goldschein, where you’re growing your business out of a coworking space, or even your home, then you’re probably interested in the methods at your disposal which will allow you to expand. So, let’s go over five smart tips you can use when looking to finance your business.

The stretch IRA may soon disappear, if legislation before Congress gets the green light, but retirement account owners looking to lower the tax bill for their future heirs need not despair. A handful of estate planning strategies still exist that can potentially help families maximize their financial legacy.