Sims Investment Management, LLC

In this week's Teaching Tuesday, Sydney Harden highlights the importance of keeping your beneficiary information up to date. Your insurance policies, bank accounts, and investment accounts should be reviewed regularly to ensure your loved ones are protected and the transition process remains seamless. Need help updating your beneficiary information? Reach out to us—we’re here to assist!

In this week’s Teaching Tuesday, Michael Perry dives into the key differences between Traditional IRAs and Roth IRAs—two of the most popular retirement savings options. He breaks down their unique tax advantages, eligibility requirements, and how each can play a crucial role in your long-term financial strategy. Whether you're new to retirement planning or looking for a second opinion on your current approach, reach out to us and we'd be happy to help guide your next steps in building a secure financial future! #RetirementPlanning #FinancialLiteracy #WealthManagement

In this week’s Teaching Tuesday video, Ryan S. Atkins, CFP?, introduces 529 plans—tax-advantaged savings accounts designed to help families save for education expenses. Ryan breaks down how these plans work, the key benefits they offer, and how they can be a powerful tool for planning ahead for college costs. Whether you're a parent, grandparent, or anyone interested in learning more, please reach out to us and we'd be happy to walk you through your options! #529plan #CollegeSavings #FinancialLiteracy

In today's Teaching Tuesday video, Blake Bagshaw, CFP? ChFC? discusses the Backdoor Roth IRA strategy. This strategy is ideal for clients that exceed the income limits for direct Roth IRA contributions, providing an opportunity to enjoy the tax-free growth and withdrawals that Roth IRAs offer. Interested in making a contribution before the tax deadline? Reach out to us, and we'll gladly guide you through your options!

In today's Teaching Tuesday video, Blake Bagshaw, CFP? ChFC?dives into the world of mutual funds and explains how they can be a smart investment choice for diversifying your portfolio. If you have any questions on how you can incorporate mutual funds into your investment strategy, feel free to reach out – we're always here to help!

Michael Perry discusses Dollar Cost Averaging in this week's Teaching Tuesday video! This is a strategy that we use for clients to invest a fixed amount of money at regular intervals, regardless of market conditions. It can help reduce the impact of market volatility by spreading out investments over time, rather than trying to time the market. Contact us if you're interested in learning more about how Dollar Cost Averaging could be a valuable strategy for your investment plan!

In this week's Teaching Tuesday video, Blake Bagshaw, CFP? ChFC? breaks down the ins and outs of Health Savings Accounts (HSAs), explaining how they can help you save money on healthcare costs while offering powerful tax advantages. Watch to learn about the eligibility requirements, the triple tax benefits, and how to make the most of your HSA for both short-term medical expenses and long-term financial planning. Whether you're new to HSAs or looking for ways to optimize your account, reach out to us today—we’d be happy to help you explore your options in more detail!

In today's Teaching Tuesday video, Ryan S. Atkins, CFP? explains what the S&P 500 is and why we choose to invest our clients in it. The S&P 500 consists of the 500 largest companies in the U.S. offering both diversity and stability for our clients' investment portfolios. Contact us today to learn more about how the S&P 500 works and how it can support your financial goals!

In today's Teaching Tuesday video, Michael Perry discusses Money Market Funds and how they are commonly utilized as a strategy for our clients with short-term savings objectives, offering higher yields on cash while remaining easily accessible. Please feel free to reach out to us if you’re interested in learning more about Money Market Funds and whether they may be a suitable option for you!