BD Financial Services, Inc.

10/16/2026

Retirement choices can be intimidating. This piece helps you pick the right strategy for your business and employees.

Retirement choices can feel intimidating. Choosing the right strategy can make all the difference.

10/14/2026

Your child may already have a Trump Account. That doesn’t mean it’s set up.

The Treasury Department says automatic enrollment now covers every eligible child with a valid Social Security number. But a parent or legal guardian still has to formally activate the account, either at trumpaccounts.gov or through the program’s app.

📌 Babies who are U.S. citizens with a Social Security number and were born between January 1, 2025, and December 31, 2028, may qualify for a one-time $1,000 government contribution once the account is claimed.

A few details families are weighing: Yearly contributions are capped at $5,000, though government and charitable contributions don’t count toward that limit. The money generally can’t be touched until a child turns 18, and earnings are taxed when withdrawn. That’s a key difference from 529 accounts, which grow tax-free but are limited to education costs.

Which account fits best depends on what a family is saving for, and that’s a conversation worth having with a financial professional.

Your child may be enrolled in a “Trump Account” whether you realize it or not. Rolled out earlier this year, the Trump Accounts program allows parents to claim special investment accounts for children who are 18 years old or younger.

10/14/2026

A windfall from a loved one can be both rewarding and complicated. Learn how to cope with such an outcome with this message.

A windfall from a loved one can be both rewarding and complicated.

10/12/2026

A surprise $90 deposit is landing for some Medicare enrollees this week. For roughly 40 million others, nothing is coming.

The payments are going to people in traditional Medicare Part B, which covers doctor visits, outpatient care, and preventive screenings. Medicare Advantage enrollees, people who pay income-related premiums, and those who already receive premium assistance are not eligible. Most deposits arrive through the Social Security Administration, while some beneficiaries will get a paper check later in October labeled “Medicare Improvement Fund Payment.”

📌 The standard Part B premium is $202.90 in 2026 and is expected to reach $209.50 in 2027.

That context matters. Some analysts note the $90 helps but won’t fully offset rising premiums, and healthcare costs remain a top financial concern across age groups.

For now, the payment is a welcome bit of relief. The bigger question is how coverage costs keep pace over time.

Millions of seniors are getting $90 direct deposits from Social Security this week, prompting questions about the source of the money.

10/12/2026

Are you ready for school—again?

10/09/2026

Don’t be afraid of the cyber desperadoes. Learn how your data can be covered by cyber liability insurance in this fun video.

Learn about cyber liability insurance in this entertaining video.

10/08/2026

Stocks finished the third quarter mixed. The S&P 500 gained 2.03%, and the Nasdaq Composite rose 2.47%, while the Dow Jones Industrial Average slipped 2.70%. Halloween is next on the calendar, with U.S. consumers expected to spend \$13.5 billion USD this year and 6.26 million Canadian children in their trick-or-treating years.

Quarterly Market Insights | October 2026 U.S. and Canadian Markets Stocks were mixed in the third quarter as economic, geopolitical, and corporate earnings news pushed the broad market higher while weighing on the Dow Industrials. The Standard & Poor’s 500 Index gained 2.03 percent, while the Nasd...

10/07/2026

September brought a rebound in private sector hiring, with employers adding 90,000 jobs, according to ADP. That's more than the 68,000 economists expected and well above August's revised gain of 36,000.

🏥 Education and health services led the way with 55,000 new jobs, followed by leisure and hospitality (22,000), manufacturing (17,000), and construction (15,000).

Not every industry shared in the gains. Financial activities lost 16,000 jobs, while professional and business services shed 11,000.

Pay continued to grow, too, with base pay rising 3.2% and gross pay increasing 4.7% from a year earlier.

The report offers another look at the labor market as the Federal Reserve weighs employment trends alongside persistent inflation.

Private job creation picked up in September after a brief slowdown.

10/07/2026

Many people consider paying off their mortgage in retirement an easy choice. But have you considered some of these often overlooked points?

10/05/2026

The U.S. economy grew faster than previously estimated in the second quarter, with consumer spending and business investment contributing to the stronger performance.

The Commerce Department revised annualized GDP growth for April through June to 2.2%, up from its previous estimate of 1.5%.

Consumer spending, which accounts for approximately 70% of U.S. economic activity, was a major contributor. It increased at a 3.8% annualized rate, compared with just 0.7% in the first quarter.

While the upward revision exceeded economists' expectations, second-quarter growth was still below the 2.5% pace recorded during the first three months of 2026.

The U.S. economy grew at a solid 2.2% pace from April through June as consumer spending and business investment came in strong.