Blog

Filter Blog by:
ABLE Accounts for Loved Ones with Disabilities – February 12, 2020

Blog

ABLE Accounts for Loved Ones with Disabilities – February 12, 2020

Living with a disability is often associated with significant amounts of extra costs. That’s why individuals and families can now contribute to ABLE accounts — tax-advantaged savings accounts that can fund disability expenses. The ABLE account can be beneficial for many reasons.

Read More
Welcome To The 20’s

Blog

Welcome To The 20’s

Another decade is in the books and the twenty-twenties are here! This decade will kick off with a number of important events that are sure to keep us on the edge of our seats, including the Summer Olympics in Tokyo, the U.S. presidential election, and the decennial census.*  With the arrival of a new decade, we’ll look at what to expect for markets, anticipated trends in the labor economy, and new technologies on the horizon.

Read More
How a Donor-Advised Fund Can Help Your Charitable Giving

Blog

How a Donor-Advised Fund Can Help Your Charitable Giving

Giving is an important part of our society. It provides us the opportunity to support causes we believe in and make a positive impact. Giving isn’t always about donating money. It can also include volunteering time or donating goods and resources. Here are some examples of the impact:

Read More
The Week Ahead – February 10, 2020: The SECURE Act’s 5 Most Advantageous IRA Changes

Blog

The Week Ahead – February 10, 2020: The SECURE Act’s 5 Most Advantageous IRA Changes

True, the SECURE Act has eradicated the stretch IRA, but the new law does include provisions that are favorable to many. And eligible individuals may start taking advantage of these benefits immediately.

Read More
The Week Ahead – February 3, 2020: 3 Roth Conversion Traps to Avoid After The SECURE Act

Blog

The Week Ahead – February 3, 2020: 3 Roth Conversion Traps to Avoid After The SECURE Act

Roth conversions can be a powerful tax and retirement planning technique. The idea behind most Roth conversions is to take money from an IRA and convert it to a Roth IRA. Essentially, you’re paying taxes today instead of paying taxes in the future.

Read More
The Week Ahead – January 27, 2020: 5 Things You Need to Know About The SECURE Act

Blog

The Week Ahead – January 27, 2020: 5 Things You Need to Know About The SECURE Act

The SECURE Act is by far the biggest retirement-oriented legislation to be enacted in over a decade. Many Americans are left wondering, “What does this mean for me?” Here’s what you need to know. The SECURE Act, passed in late 2019, is by far the biggest retirement-oriented legislation to be enacted in over a decade.

Read More
How to Use a Trust as a Financial Planning Tool

Blog

How to Use a Trust as a Financial Planning Tool

Clients frequently ask whether they should leave their assets in a trust. It depends. Of course, if your net worth exceeds $11 million, putting your assets in specific types of trusts can be helpful for federal estate tax issues. However, for most Americans, federal estate taxes will not be a major concern.

Read More
The Week Ahead – January 20, 2020: How The SECURE Act Will Change Retirement

Blog

The Week Ahead – January 20, 2020: How The SECURE Act Will Change Retirement

President Trump signed the SECURE Act this week as part of the government’s spending bill and it will inevitably affect most retirement savers, for better or worse.

Read More
The Week Ahead – January 13, 2020: How Does the SECURE Act Impact Your RMDs?

Blog

The Week Ahead – January 13, 2020: How Does the SECURE Act Impact Your RMDs?

The SECURE Act, which went into effect Jan. 1, 2020, significantly changes the Required Minimum Distribution (RMD) requirements for inherited accounts and increases the age that you are required to start your RMDs to age 72, if you did not reach age 70.5 by the end of 2019.

Read More
The Week Ahead – January 6, 2020: Pros, Cons and Possible Disasters after SECURE Act

Blog

The Week Ahead – January 6, 2020: Pros, Cons and Possible Disasters after SECURE Act

Sweeping retirement changes were just signed into law that bring both positives (for savers) and potentially disastrous consequences (for heirs). Here are five important things everyone should do right now.

Read More