AnneClaire Rubish November Student Athlete
AnneClaire Rubish – November Student Athlete of the Month
Important Update for Business Owners
Important Update for Business Owners (Corporations, LLCs, and similar entities) The Financial Crimes Enforcement network (FinCEN) enacted a new federal filing requirement that requires certain businesses to report information about their beneficial owners. A beneficial owner is someone who: Directly or indirectly owns 25% or more of a company, or Exerts substantial control over the business, such as senior officers or individuals who make key management decisions. Your business may now be required to file this form with FinCEN called the Beneficial Ownership Information Report (BOIR) by 1/1/2025. This is NOT a tax form with the IRS
The Importance of College Savings
The Importance of College Savings In today’s fast-changing educational landscape, ensuring your child has the financial means to pursue higher education is crucial. However, many parents struggle with where to start or how to make the best financial decisions for their child's future. At Vantage, we believe starting an educational savings plan early is essential. Like retirement savings, the sooner you start, the more time you have to grow your savings and ease future financial stress. Why Start Saving Early? Compound Interest: Starting early lets you benefit from compound interest, which can significantly boost your savings. Rising Education Costs:
Planning for Retirement? Meet the Future Value Calculator
Planning for Retirement? Meet the Future Value Calculator Retirement planning is no small feat, but with the right tools, you can take the guesswork out of your financial future. Enter the Future Value Calculator—a vital component of wealth projection that helps you visualize the growth of your investments over time. What is Future Value? Future value (FV) is the value of an investment at a specific date in the future, taking into account its initial amount, interest rate, and the time period it is invested for. By calculating the future value, you can estimate how much your current savings