As the year draws to a close, it's an opportune time to review your financial situation and ensure you meet year-end deadlines to maximize your financial benefits.
Optimizing Your Finances at Year End
Double Your Savings With a Spousal IRA
Maximizing retirement savings is an important goal for many couples. While there are a variety of tax-advantaged accounts that allow individuals to save for retirement, most are only available to those with earned income during the year.
Third Quarter 2023 Wealth Management Insights: An Empowered and Secure Retirement
Presenting the third quarter 2023 publication of Wealth Management Insights titled, “An Empowered and Secure Retirement.”
The Swiss Army Knife of Tax-Advantaged Accounts
One of the most powerful savings vehicles for health care costs is the Health Savings Account (HSA), a type of savings account that lets you set aside money on a pretax basis to pay for healthcare expenses. Funds in an HSA grow tax-deferred and come out tax free when used for qualified medical expenses such as Medicare Part B and D premiums, vision and dental care expenses and qualified long-term care insurance premiums up to certain limits.
No New RMDs in 2023
On December 23, 2022, Congress passed the SECURE Act 2.0. This new legislation builds off its predecessor to further improve the U.S. retirement system. Included in the provisions are changes to required minimum distributions (RMDs). Most notably, the new law further pushes back the age at which RMDs must begin.
Wealth Management Insights First Quarter 2023: Planning for Incremental and Potentially Substantial Changes
Wealth Management Insights publication for first quarter 2023 titled, “Planning for Incremental and Potentially Substantial Changes.”
Anderson on KOIN Wallet Wednesday
Charissa Anderson, CFP®, CDFA®, appeared on KOIN News Wallet Wednesday on October 12, 2022, and discussed the pluses and minuses of receiving financial advice from TikTok.
Social Security Spousal Benefits
Charissa Anderson, CFP®, CDFA®, explains the various aspects of Social Security spousal benefits and how it fits into retirement planning.
Third Quarter 2022 Wealth Management Insights Publication: Making the Most of All Your Benefits
Read our third quarter 2022 Wealth Management Insights publication in which Mary Lago, CFP®, CTFA, Charissa Anderson, CFP®, CDFA®, and Casia Chappell, CFP®, CPWA® share their thoughts on life insurance ownership, social security spousal benefits and long-term care insurance.
Wealth Management Insights Forum: Managing Wealth through Transitions
Basic Tax Considerations When Selling Real Estate
When you sell real estate and make a profit, you may be taxed on that gain. When it comes to the sale, both how the property was used and the length of time you’ve owned the property will impact your taxation.
Wealth Management Insights: Valuing the Resources of Time and Money
How to Choose a 529 Plan
In honor of National 529 Day, we’ve highlighted several criteria to explore when it comes to choosing the best plan for your college savings and wealth planning needs.
A Focus on 529 Plans in May
College tuition costs have increased more quickly than any household expense in decades. Although there are many education funding options, there is one that often rises to the top – the 529 plan.