Kathy Hower

Director of Financial Planning & Senior Wealth Advisor, Bedel Financial Consulting Inc.

Developing & sharing your legacy plan

Too often individuals pass away before sharing personal information with spouse, children, other trusted individuals, and/or the individual settling their estate, which can complicate the estate settlement process. Losing a loved one is difficult and having time to grieve is necessary for the healing process. That’s why it’s so important to educate another about what you have and what you want to happen should you fall ill or pass away while you can.... Read More

Next vehicle – lease or buy?

If you enjoy having a new vehicle, drive 15,000 or fewer miles per year, and want a nice car with a lower payment, then you could be a good candidate for leasing. While leasing has benefits, it's important to understand the disadvantages before making your decision.... Read More

Rising interest rates: Impact on finances

When the Federal Reserve raises interest rates, why does your credit card interest rate increase more than the interest you earn on cash in the bank? Why do mortgage rates vary daily, but rates on other personal loans fluctuate less frequently?   ... Read More

Pay attention to your HSA

Health savings accounts (HSAs) are an excellent vehicle for saving. Contributions are tax-deductible, investment income and appreciation in the account are tax-free, and distributions for qualifying expenses are excluded from taxation (aka, “triple tax benefit”). ... Read More

Who needs pet insurance?

If you have recently adopted a pet, it's only natural that you want to keep your new family member safe, happy and healthy. But do you have the thousands of dollars required to get your pet the needed care if they become seriously ill? ... Read More

2021 Tax Filing Got You Down?

Tax Day is over, and it seems that many taxpayers are still catching their breath from the big check owed to the IRS. Though paying taxes isn't fun, it does suggest that you've realized a decent amount of income during the year. To minimize taxes in future years, consider being more strategic in your tax planning by making some simple financial adjustments.... Read More

Aging Adults: What are the Housing Options?

Is the house getting to be too much to care for?  Is there a need for a little assistance with personal care?  Is there a desire to have a more relaxed and carefree existence?  If the answer to any of these questions is yes, it may be time to investigate levels of care and alternative housing.... Read More

Calculating Your Withholding Tax

Money disappears from your paycheck for social security, childcare, retirement, insurance, and, likely the largest amount, goes to pay your income taxes. If you typically get a large refund or end up... Read More