Tom Cannizzo, CPFA, NQPC - Aspire Strategic Wealth

09/07/2026

The Economic Growth and Tax Relief Reconciliation Act of2001 made significant changes to IRAs and retirement plans. One provision ofthe act allows some low- and middle-income taxpayers to claim a partial,nonrefundable income tax credit (the "saver's credit") for contributing tocertain tax-deferred r...

09/06/2026

Fascinating!!

Voyager found a scorching 90,000°F boundary near the edge of our Sun’s protective bubble.

The region is associated with the heliopause, where the solar wind’s influence meets interstellar space. Voyager 1 crossed this frontier in 2012, followed by Voyager 2 in 2018, giving scientists direct measurements from a place no spacecraft had explored before.

The extreme temperature doesn’t mean Voyager was engulfed by a literal wall of fire. The plasma there is incredibly sparse, so there aren’t enough particles to transfer heat like a 90,000°F environment on Earth. It’s a superheated, nearly empty cosmic frontier.

09/04/2026

In order to qualify for a VA mortgage, you must meet minimum service requirements.

09/02/2026

Lenders will sometimes impose a penalty for early payoff or prepayment of a mortgage loan.

08/31/2026

If you have a down payment of less than 20%, your lender may require you to have private mortgage insurance (PMI)

08/28/2026

A defined contribution plan is a qualified employer-sponsored retirement plan that provides each participating employee with an individual plan account earmarked for the employee. Depending on the type of defined contribution plan, plan contributions may be made by (1) only the employer (e.g., a pro...

08/26/2026

What does the rise in short-term options trading mean for long-term investors?

08/24/2026

A pooled income fund is a trust with both charitable and noncharitable beneficiaries. It is established and run by the charity, not by you. The pooled income fund operates much like a mutual fund. The charity "pools" the contributions of many people, invests the money, and then distributes to you (o...

08/21/2026

A new tax deduction recognizes more of the real-world costs of supporting students both inside and outside the classroom.

08/19/2026

In addition to selling your business outright or gifting your business to your heirs, there are other strategies and options that you can use to transfer your business to your heirs. These options include transferring your business into a grantor retained trust, selling your business through an inst...