Gateway Financial Partners

Financial Advice

Student Success Scholarship Ideas for College and University Tuition Fees for education

I Survived the New FAFSA

For the past 34 years, the primary process to apply for federal financial aid for college has been by completing the Free Application for Federal Student Aid (FAFSA).  And for 34 years, filling out the FAFSA has been about as much fun as a trip to the dentist.  But hope springs eternal – the Department […]

I Survived the New FAFSA Read More »

Setting task for the day

A Comprehensive Guide to End-of-Year 401(k) Tasks

As the end of 2023 draws near, those responsible for their company 401(k) plan have much to consider. With a combination of standard annual tasks and new SECURE Act provisions on your plate, we are here to help you. This article is a helpful guide for wrapping up 2023 smoothly! We will dive into those

A Comprehensive Guide to End-of-Year 401(k) Tasks Read More »

Concept of business strategy.

Boosting Profits and Savings: 5 Tax Strategies for Business Owners

For business owners, striking a balance between operating costs and profit is the cornerstone of success. Operating costs include everyday expenses like salaries, rent and supplies. Profit, on the other hand, is what remains after all these operating costs have been paid. It’s the reward for the risks taken and the value created by your

Boosting Profits and Savings: 5 Tax Strategies for Business Owners Read More »

Graphic designer writing notes on tablet online, typing on laptop and planning a task working remot

6 Common Administrative Tasks That Can Morph Into 401(k) Plan Headaches

Managing a 401(k) plan can leave even the most seasoned administrators feeling overwhelmed. With proper support, you can simplify the complex task of retirement plan management.   Top 401(k) Plan Headaches The first step is to understand the potential problems. Here are some common issues that can cause headaches for plan sponsors: Uploading Payroll Determining

6 Common Administrative Tasks That Can Morph Into 401(k) Plan Headaches Read More »

Social Security Part 3 – Insolvency

In the first two parts of this 3-part blog, we discussed how much money you could get from Social Security based on your work history and family situation.  But what if the Social Security trust fund isn’t there to pay your full benefits?  In this blog, we discuss what happens when Social Security goes insolvent

Social Security Part 3 – Insolvency Read More »

Social Security Part 2 – The Exceptions

In part 1 of this 3-part blog, I outlined how to understand the Social Security benefits you could be eligible for based on your own earnings record.  But it is possible that you could be eligible for more benefits based on your current or former spouse’s earnings record instead.  So, let’s look more closely at

Social Security Part 2 – The Exceptions Read More »

Social Security Part 1 – How to Read Your Statement

Americans love the royal family.  And I’m English (my mom was born and raised there) so let me try to spice up the topic of Social Security with a royal family metaphor.  Social Security is like Prince Harry – widely known but never fully understood.  I cannot figure out what Harry is doing right now,

Social Security Part 1 – How to Read Your Statement Read More »

Scroll to Top