Behnam & Associates

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Maryland taxpayers who have incurred at least $20,000 in undergraduate and/or graduate student loan debt and have at least $5,000 in outstanding student loan debt may apply for the Student Loan Debt Relief Tax Credit Program.

For more information, visit https://mhec.maryland.gov/preparing/Pages/StudentLoanDebtReliefTaxCredit.aspx.

Wishing all the dads a Happy Father’s Day!

There have been some reported glitches with the rollout of the new 2024-25 FAFSA form. If you’ve had issues filling out the application, know that you still have time before the June 30 deadline.

New FAFSA rules: How changes may affect your student’s financial aid eligibility Plan for college expenses with more confidence.

Take control of your financial situation; take control of your life. Join and learn ways to gain confidence in your financial situation and care for and protect the people and things you love the most.

Don’t let taxes get in the way of leaving the legacy you want. There’s a solution to help you pass on your wealth tax-efficiently to the next generation. Let’s talk about what you want.

Are you protecting yourself online? Learn three of the most common types of cybercrime and tips to help you stay safe.

Types of identity theft: Cybercrime Understanding the different types of identity theft is key to protecting yourself. Learn more about prevention and how Ameriprise protects your information.

Did you know: Your ability to earn an income is one of your most significant financial assets. In the event that you lose your job, life and disability insurance coverage can offer a layer of financial security and peace of mind.

Protecting your earned income with disability and life insurance Help protect your family’s financial future in the event of disability or death with these insurance solutions.

History has shown that staying invested can have its rewards. When we take the long view, past recessions look like bumps in the road along the path of long-term growth. Are you prepared to look past short-term volatility? Let’s talk about steps you can take to stay focused on your long-term goals.

The S&P 500 Index closed 4.2% lower in April, ending a five-month winning streak. Still, the Index has been almost 21% higher over the last six months, amid positive economic activity, consumer resiliency and improving corporate profit trends. However, sticky inflation, rising government bond yields and reduced odds the Federal Reserve will cut interest rates aggressively this year challenged stock prices.

Sharing love and gratitude with all moms today. Happy Mother’s Day!

“The Fed remains on pace to cut rates this year, employment in the U.S. is softening but remains strong, and Big Tech (the main driver of S&P 500 profit growth in 2024) continues to drive forward on all cylinders.” - Anthony Saglimbene, Ameriprise Chief Market Strategist

Even a Hollywood director couldn’t have scripted better developments for investors last week Get more expert insights by reading the latest Weekly Market Perspectives.

The wealth transfer process can be complex – especially when taxes enter the equation. Together with your tax attorney or accountant, we can discuss how you can minimize the impact of taxes on your estate plan.

May is Asian American and Pacific Islander Month. We’re proud to celebrate the generations of who have contributed to the United States’ culture and history.

Are you and your partner aligned on your retirement goals? According to a new research study from Ameriprise Financial, 93% of couples have shared goals for retirement and overwhelmingly trust their partner on money matters.

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I’m interested in forming alliances with CPAs and tax professionals that see value in incorporating customized financial services into their tax practice with a financial planning professional. Message me to see what an alliance could look like, or please share to your network.

Elections can create uncertainty, but sitting on the sidelines could be a costly mistake. Get in touch to learn why dividend-paying stocks may be an effective strategy to help reduce risk–without sacrificing growth potential.

Baby boomers hold an average of $42,520 in student loan debt, according to Education Data Initiative. Ameriprise Senior Vice President of Financial Strategy Marcy Keckler shares her tips for paying off debt and prioritizing a happier, more financially secure retirement.

17 Tips for Baby Boomers To Tackle Their Student Debt If you are a boomer currently struggling with student loan debt, don't despair. There are ways to tackle those loans.

Money market funds can provide short-term stability, but less long-term growth potential. Let's discuss ways to get cash off the sidelines.

“Looking out over coming quarters, history suggests a strong start to the year for stocks can bode well for investors through the rest of the year. In the other 16 years that the S&P 500 rose +8.0% or more in the first quarter only in 1987 did the Index close the year lower.” - Anthony Saglimbene, Ameriprise Chief Market Strategist

Can a strong start for stocks set the tone for the rest of the year? Get more expert insights by reading the latest Weekly Market Perspectives.

Treasury yields have recently moved higher on stronger-than-expected economic and inflation data in the first quarter. However, the Ameriprise Investment Research Group believes rates should ebb lower over the course of the year as growth slows and inflation moves back toward normalized levels.

Buying a house or other property is one of the biggest investments you’ll ever make. If you’re looking to make a move, let’s connect.

Saving is a habit, not a destination. In honor of , let’s review your financial plan and make sure you’re optimizing your savings.

Improving economic conditions, excitement around generative AI and a Fed likely poised to lower rates later this year have spurred U.S. stocks since October. But market strength is not just a U.S. story. Investors have found tailwinds in most developed markets, though concerns in China have pressured emerging market indices.

April is National Financial Literacy Month. What’s one financial topic you’d like to learn more about this month?

You’re unique with your own goals for building wealth. Don’t limit yourself to off-the-shelf solutions. Let’s talk about solutions that allow you to customize to fit your needs.