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Welcome to the Sandy Cove Advisors Blog

Please click the categories below to view recent articles and insights written by our Team.

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Give the Gift of Education With 529 Plan Contributions

A 529 plan is a tax-advantaged investment account originally designed to help families pay for college. The earlier you start saving, the greater you will benefit from tax-free compounding. Withdrawals from these plans are tax-free as long as the funds are spent toward qualified education expenses.

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Inflation Primer

Since the fall of 2021, the US inflation rate as represented by the Consumer Price Index (“CPI”) has been steadily rising. The rate hit a high of 8.6% for the 12 months ending May 2022. This means, in May, prices were on average almost 9% higher than they were last May.

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Planning for a Family Vacation Home

Family vacation homes are a treasure for many of us, often providing fond memories for multiple generations. Successful planning for a vacation home requires thoughtful consideration of all of the interests of family members involved both now and in the future.

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2022 Summer Reading List

We take great pleasure, twice a year, in switching gears and curating a list to appeal on a more personal level to our clients, friends and family; our Summer Reading List and our Holiday Gift Guide. As avid readers, we always enjoy putting our summer reading list together for you.

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Helping the Ukranians

Since the initial invasion of Ukraine in February, hundreds of thousands of people have fled the country. We offer several resources to support the people of Ukraine as well as a word of caution for avoiding donation scams.

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Your 2022 Tax Filing Season To-Do List

The tax season is officially here and millions of Americans are getting their documents together to file their tax returns. The Internal Revenue Service (IRS) is encouraging people to file their taxes quickly...

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