Mark Berg was recently quoted in an April 21st article in the Chicago Tribune newspaper. The article identifies sound financial reasons for contributing to an IRA.  The article discusses how 1) IRA’s provide an opportunity to further grow your retirement nest egg and diversify retirement assets,  2) you can generally participate as long as you [...]

Mark Berg was recently quoted in a November 21 article in U.S. News & World Report. The article discusses how to maximize the federal tax benefits of 529 plans by 1) scheduling regular contributions 2) combining federal tax benefits with state tax deductions 3) not limiting investments during poor stock market years and lastly 4) [...]

Timothy Financial is proud to announce that Hoan Taussig has been named a 2012 FIVE STAR Wealth Manager, which was published in the November 2012 issue of Chicago Magazine. After a thorough review of criteria ranging from Customer Service, Integrity, Knowledge/Expertise, with adjustments to reflect inputs from peers, regulatory compliance reviews and Blue Ribbon Panel [...]

Congratulations to Hoan Taussig on successfully completing the rigorous requirements of becoming a CERTIFIED FINANCIAL PLANNER™ professional. Hoan has been an integral part of the Timothy Financial team for several years but we look forward to her taking on a bigger role in serving our clients. What does the CFP® designation really mean?  Many people don’t realize that anyone can [...]

One of the strangest laws on the books, when you think about it, is the rule that at an arbitrary age–when you reach age 70 1/2–you have to start taking mandatory distributions (RMD) from your IRA accounts.  Of course, that also means you have to stop the tax-deferred compounding on those distributions and pay taxes on [...]

Five Star Professional, a company that provides research and evaluations of a variety of top professionals, recognized Mark Berg and Timothy Financial Counsel to receive the 2011 Five Star Wealth Manager award. The Five Star Wealth Manager Award is given to professionals that have received the highest overall satisfaction score based on feedback from customers, peers, and regulatory [...]

One of the advantages of Timothy Financial is our hourly model where clients can call in any time any where with any question and this week is no exception. As the market does cartwheels and somersaults, we’re here to help you navigate the circus.  Mark Berg even gave an example to the Wall Street Journal and [...]

Ever wonder how Mark stays so calm and cool during your hard hitting financial questions?  That’s because he sweats it out on the race course.  On June 11th, 2011, the 8th annual Run for the Stars 5k will take place in Wheaton and Mark Berg and his family will be competing in the event.  The race [...]

Mark and Kris participate in a free consumer event sponsored by Kiplinger Magazine:  “Jump-Start Your Retirement Plan” that provided financial advice via Kiplinger’s online chat room.  See the retirement planning questions and the answers provided by financial planners across the nation discussed during the live sessions.  January 21, 2011 Live Discussions January 25, 2011 Live [...]

Mark was quote in the Chicago Tribune on an article about DRIPs (dividend reinvestment plan), “Money Down the Drain?” by Carolyn Bigda.  Previously a low cost way to own individual company stock by offering small investors an opportunity to buy company stock directly (instead of through a brokerage who would charge trading or account fees), DRIPs have been adding [...]