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This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.

The Game-Changer Your Workforce Needs Thumbnail

The Game-Changer Your Workforce Needs

In the fast-evolving landscape of employee benefits, it is no longer enough to offer less personalization and more generic information. It is important employers understand employees are already overwhelmed with information and want to know what to do rather than just have more information thrown at them. It is critically important to engage with employees not just professionally, but also personally, in helping to achieve their financial goals. Enter the Quality of Life Planning® Application (QoLa™) – the game-changer your workforce needs!

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Unused 529 to Roth IRA Conversions Thumbnail

Unused 529 to Roth IRA Conversions

We met with a young couple that just had their first baby and wanted to learn more about contributing to a 529 for their child. One of their main concerns is what happens to the money if they do not use the 529 for college? That question has caused many parents to procrastinate about using 529s for college savings resulting in less opportunity to fund school for their children. Secure Act 2.0 helped alleviate that concern!

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Beyond Returns: How Financial Planning Transforms Lives in the Face of Terminal Illness Thumbnail

Beyond Returns: How Financial Planning Transforms Lives in the Face of Terminal Illness

Financial planning often elicits ideas of investment strategies and maximizing returns. However, its true essence is revealed in moments that demand compassion, empathy, and support beyond mere financial gain. Recently, I encountered a poignant scenario that underscored the profound impact of financial planning in the face of life-altering circumstances. A nurse, grappling with a terminal diagnosis, entrusted us with the daunting task of navigating her financial landscape. In this instance, the traditional metrics of investment portfolios took a backseat to addressing immediate needs and securing her future, whatever it might hold.

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Will Social Security be there When I Retire? Thumbnail

Will Social Security be there When I Retire?

With the state of the economy, there are many concerns regarding the sustainability of Social Security. We've had countless nurses and other health care professionals tell us that they don't believe they can count on Social Security when they retire. The Social Security debate has been going on for decades, and while the pandemic showed us that anything can happen, we believe Social Security is here to stay.

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The New SAVE Plan and Different Student Loan Repayment Options for Nurses and Other Public Service Professionals Thumbnail

The New SAVE Plan and Different Student Loan Repayment Options for Nurses and Other Public Service Professionals

Unless you’ve been living your best, unbothered life on a remote island in Bali, then you know, the Supreme Court made the decision to block the Biden administration’s student debt relief plan. This plan would have permitted the discharge of up to $20,000 of federal student loans for approved applicants. The ruling, which was issued on June 30th, may have disrupted the plans of what the White House estimated to be $26 Million people2 who applied or were eligible for one-time debt relief. If you are one of those borrowers, here’s what you need to know about the new SAVE Repayment Plan and other Repayment Options to help you finally get rid of your student loans.

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