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You may have heard talk recently about some significant tax changes possibly taking effect in a couple of years. Baird’s Director of Advanced Planning Tim Steffen breaks down the details of these changes.

When it comes to paying off your student loan debt, you may have more options than you realize.

One of the most valuable lessons parents can teach their children is how to be smart with their money. Here are three financial lessons you can share for each stage of youth, from when they’re pre-teens to when they’re earning an income.

Your estate plan is designed to be a long-term document outlining your legacy for generations to come, so you don’t want to be constantly revising it. While a good rule of thumb is to review your estate plan every three to five...

Ever since the SECURE Act passed in 2020, there has been a certain amount of confusion over the effects this would have on taking distributions from an inherited IRA. The answer is finally here – or at least closer.Here’s...

What is digital privacy, and how can you keep your personal information secure?Virtually every interaction – whether online or in real life – involves the exchange of data. Most of the time that exchange is benign, like...

Medicare is an enormously useful insurance program for retirees, but it is far from comprehensive in its coverage. Medicare consists of five major parts, and the coverage that’s free to everyone - Parts A and B –...

There can be tax benefits to selling securities that have underperformed – if you’re thoughtful about it.If you want to minimize next year’s tax obligations, optimizing your finances this year is a good place to start...

As we get closer to the holiday season and the end of the year, and people start thinking about making charitable donations for both philanthropic and tax purposes, the easiest thing to do is write a check to the charity of your choice...

U.S. consumer credit card debt recently topped $1 trillion. Here are five tips for getting you back in the black.The Snowball MethodThe snowball method is perfect for people who like the reinforcement of “little wins” along...

As you move from college to your first real job and your own apartment, these steps can help make sure you’re ready to succeed in the adult world.So you’ve finally landed your first real job and are living in your first...

5 surprising benefits when things don’t go according to planAs much as we might want it to be, investing is rarely a smooth ride. But just because big selloffs and volatility can make investing a little cloudy, it doesn’t...

BairdNext Insights is a quarterly series focused on the most important topics for young professionals. For this installment of the series, we address the current inflationary environment and the steps you can take to adapt.Insight 1:...

With equity and fixed income markets off to a remarkably rough start this year, Strategas Chairman and CEO Jason Trennert answers a spate of questions that Baird has heard from clients.Download the ReportDo you expect this heightened...

If there's one message that people saving for retirement keep hearing, it's that you can never save too much money for retirement. For many of us, that means maxing out our 401(k) – but what if you are able to contribute more...

Medicare is a program that includes several different forms of health care, some of which are provided by the federal government and some by private insurers. As a result, it can be a fairly complicated program to understand.If you're...

Timing the market can be difficult – timing the market in a panic can be devastating.Any time stocks experience a major decline after hitting all-time highs, it's understandable if you feel a moment of panic. Are they going to...

Key Questions To Help You Get Started on Funding Your Kids' EducationAs soon as children are born, parents tend to start fretting about how they'll pay for their college education. Here are some frequently asked questions parents have...

The grief and stress following the loss of a loved one can be overwhelming. And if you're the executor of your loved one's estate, it can be even more difficult, as there are documents to gather, institutions to notify and property to...

Getting the Most for Your BusinessAfter all the work you've put into building up your business, you deserve to get the maximum value when it's time to exit. Because the business is often an owner's most valuable asset, it's important...

With so much of our business happening online these days, it's no surprise that hackers put a great deal of effort into trying to access your information. What can you do to protect yourself? Here are a few real-world strategies to...

If you've had to leave the workforce for any of a myriad of reasons – such as to care for children learning from home or for older members of the family – you've probably experienced firsthand how much losing that income...