Brandon McCormick, Author at PCIA North Texas

Making the Most of Your Vacation Budget

One of the most exciting parts of life is seeing the world that we’re so lucky to live in. At the same time, we understand that the limited nature of money sometimes requires us to travel on a budget; however, it’s important to know that you don’t have to sacrifice quality to save a few dollars. You just have to…

Brandon McCormick In Financial Planning, Wealth Management

Investing Alternatives During Periods of Market Volatility

2022 was a difficult year for investors, with all three major market indexes dipping simultaneously and taking their biggest hit since the housing crisis of 2008. Now, even with all three up through the first five months of 2023, volatility and uncertainty are stuck in the back of investors’ minds, possibly pushing them to look elsewhere for more diverse vehicles…

Brandon McCormick In Financial Planning

Are Weddings Worth the Money?

Love conquers all, right? It’s a nice thought, but as the price of having a fantasy wedding continues to soar, so many couples are left wondering if it’s worth it to have a grand showcase and celebration for their first moments bonded in holy matrimony. In fact, the numbers appear to back these concerns, as the average cost of a…

Brandon McCormick In Tax Planning

7 Strategies to Reduce Taxes

Each year around tax time, most of us wonder how we can pay less in income taxes, and the answer to that question is always, “It depends.” Each person’s situation is completely unique to them, and the strategies that may be able to be employed to mitigate or reduce tax obligation vary based on goals and circumstances. That’s why it…

Brandon McCormick In Wealth Management

What To Do with Inherited Money

So, you’ve inherited money. Depending on the circumstances, it may have been expected or unexpected, and it may or may not have come with a great deal of heartache. Nevertheless, too few people know what to do when they inherit large sums of money, imposing more pressure than they might have imagined. Here are a few things you should consider…

Brandon McCormick In Retirement Planning

7 Ways SECURE Act 2.0 Could Affect Your Retirement

After consumers throughout America were forced to endure a harsh financial storm in 2022, the year came to a close with President Biden signing a bill intending to increase and enhance the capabilities of retirement accounts. The bill is commonly referred to as SECURE Act 2.0, and it is the follow up to the Setting Every Community Up for Retirement…

Brandon McCormick In Financial Planning

Your 2022 Year-End Financial To-Do List

As the year wraps up, it can be a great time to take financial inventory. Your circumstances are constantly changing and evolving, and the proper financial plan is not meant to be a set-it-and-forget-it thing. With the end of the year presenting the perfect chance to revisit your goals, here are a few areas you may want to check in…

Brandon McCormick In Retirement Planning

5 Common Mistakes to Avoid with Medicare

The Medicare open enrollment period has begun, so we thought it would be a great time to discuss some of the pitfalls we see beneficiaries fall into. Far too often we hear about retirees and pre-retirees who aren’t aware of how Medicare works or how to correctly utilize it as a tool for protection. Let’s go over the five most…

Brandon McCormick