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Happy Birthday America!

On this 244 Birthday of America, we should reflect on our core values. Being grateful is one of those values. We will always be grateful for our service people who make a strong commitment to fighting for our country’s freedom every day.  But, today, in the midst of this pandemic, there are so many more heroes to add to the list.  We are grateful for the Medical and First Responder communities who put themselves in harm’s way, every day to

Planning a vacation without going into debt

We thought it might be nice while we’re in the midst of a Central New York winter to write about taking a vacation! Maybe you’re planning on traveling somewhere warm with hot sand and calming waves; maybe your idea of a vacation is traveling to another country with exotic food and historic sights to see! Wherever you visit this summer, the financial stress of vacations can be an uninvited downer. However, planning ahead eases that stress and can ensure you stay out of debt so you

The SECURE Act is Official!

Significant Changes for Employer-Sponsored Plans and IRAs On December 20, 2019, the President signed into law the Further Consolidated Appropriations Act, 2020, which includes the Setting Every Community Up for Retirement Enhancement (SECURE) Act provisions previously passed by the House in April 2019. This is one of the most comprehensive retirement plan reforms in more than a decade, and this is a brief overview of some highlights. Many of the provisions are effective January 1, 2020. Congress has attempted to pass major

Share Your Plans!

In my opinion, there is nothing more difficult to accomplish during a time of intense stress than trying to put finances in order.  The stress that I’m referring to in this instance is the death or disability of a loved one.  Perhaps you’re a spouse who has lost a partner, a child who has lost a parent, or a dear friend trying to pick up the pieces of a life. Over the years, we all tend to accumulate things –  financial assets, property such as our home, vehicles, jewelry

RECAP: State of the Economy

Almost 50 people joined the Marathon Financial Advisors Team for the State of the Economy Seminar on Tuesday, November 5th with Dr. Quincy Krosby at Drumlins Country Club. Dr. Krosby, whose impressive resume includes positions as a U.S. Diplomat, Assistant Secretary of Commerce and a representative of the United States to the International Monetary Fund, spoke eloquently about tariffs, negotiations with China, the effect of politics on the market, other global economies and the Santa Claus Rally.Here are some highlights

State of the Economy 2019

We at Marathon Financial Advisors think that community involvement and education is of the utmost of importance. It’s for this reason that we seek out experts in areas of financial consulting and wealth management for free educational seminars available to the public. Our upcoming speaker, Dr. Quincy Krosby, is an international voice in the world of economics and market strategy, and she’ll be sharing about the current state of the economy. The following is an excerpt of an article written

Medicare Open Enrollment: October 15 – December 7

What is the Medicare  Open Enrollment Period? The Medicare Open Enrollment Period is the time during which Medicare beneficiaries can make new choices and pick plans that work best for them. Each year, Medicare plan costs and coverage typically change. In addition, your health-care needs may have changed over the past year. The open enrollment period is your opportunity to switch Medicare health and prescription drug plans to better suit your needs. When does the Medicare Open Enrollment Period start? The annual Medicare

Saving for college? Break these three bad habits.

It’s National College Savings Month — and there’s no better time to make sure your savings strategy is on track   Parents — your kids may have headed back to school, but before you know it, they’ll be heading off to college. Fittingly, September is National College Savings Month, so let’s talk strategy. I was recently reading the Student Loan Hero 2018 survey about saving for college and found three worrisome statistics:1 44% of parents feel guilty that they haven’t saved more for

Health Insurance in the Summer

Health insurance isn’t a topic that’s approached during the summer months. With all the traveling and busyness of the season, we tend to put the consideration of health insurance plans off until Open Enrollment in November. However, summer is a perfect time to begin the process of examining your health insurance needs and doing your due-diligence in finding the best suited health plan for you and your family. This topic is one we often help our clients navigate. Here are

Team Marathon for the Cure – a Postscript

$191,000+ Over 21 years – Simply Awesome! The weather was picture perfect, sunny blue sky and 65 degrees. The warmth of the sun added to the warmth of the energy from so many participants. With our Team, Marathon for the Cure, of 26 people there was no question that it was a day filled with emotions and success. With a list of names on the backs of our Team Members, walking in honor or in memory of a loved one, we found the inspiration