What’s new in Washington: Secure Act 2.0, RMDs, taxes, and more A lot has happened in Washington in recent months affecting the future of people’s income taxation, retirement savings, and beneficiary planning. Client outcomes April 14, 2022 legislationretirement classesretirement incometaxes
Tips for funding a Roth account in 2023 2023 could be a really good year to fund a Roth account. Why? Because of low current tax rates and changes to how the standard deduction, tax brackets, and retirement account contribution limits are adjusted for inflation. The high inflation of 2022 means that in 2023 the standard deduction will be higher, and federal income tax brackets will be expanded. As a result, some people could be looking at a lower federal income tax bill this year, making contributing to a Roth account more efficient. Client outcomes January 26, 2023 habitsinvesting strategiesretirement incomeretirement planning
A good time for a risk check-up After a difficult year in the markets, now is a good time to re-align your portfolio with your risk tolerance. Capital Market Impact January 25, 2023 habitsretirement planning
Rethinking life after retirement Market volatility leads to uncertainty for investors planning for retirement as many say they plan to continue working. Client outcomes January 25, 2023 client relationshipsretirement planning
Ask the Specialist: Gifting and selling land and equipment can be tricky Pay heed to the tax consequences of selling an asset acquired as a gift. Client outcomes January 13, 2023 client relationshipsestate planningretirement planningtaxes
How Financial Professionals can Help Clients Save for College: Coverdell Education Savings Accounts Coverdell ESAs are one of the federally sponsored investment opportunities created specifically to help save for college. This type of custodial account can be set up on behalf of a designated beneficiary for them to use for qualified education expenses once they turn 18. Client outcomes January 6, 2023
How to help LGBTQ+ clients plan their financial futures Understand some of the unique challenges that LGBTQ+ individuals face, that may affect their financial planning. Client outcomes December 30, 2022 healthcarelgbtqretirement planningtaxes
A Rising Tax Environment? What to Watch For. An updated look at the tax landscape this year and beyond. Beyond Investing December 30, 2022 economic growthinterest ratestaxes
How financial advisors should approach succession planning Succession planning is much more than just the act of selling your practice; there are many items to consider when planning the successful transition of your firm, like finding the right successor, client/relationship communications, receiving the proper value, and reducing taxes on the sale of your firm. Business Growth November 29, 2022 practice management
Two Key Retirement Benefits Farmers Might Miss Farmers need the help of financial professionals when it comes to retirement income planning. Client outcomes November 23, 2022 income planningland as your legacyretirement planningSocial Security
