If you are reaching your distribution phase, your high-balance retirement accounts can create some burdensome tax situations, particularly when it comes to legacy planning. Attached are five potential pitfalls you should be aware of. Questions? Please do not hesitate to contact us. Download here 5 Tax Gotchas in Retirement
What is financial fitness? Briefly, financial fitness describes your overall financial well-being, akin to how physical fitness pertains to your physical health. Notwithstanding the different fields of study, financial fitness, much like physical fitness, can yield benefits that endure well into the future. Let’s dig a little deeper and better define financial fitness. Financial fitness…
Here’s how to get a jump-start on creating a system to organize your bills, statements, policies, and other financial paperwork. Creating a Financially Organized Life
Are you familiar with how our federal tax code originated? In 1909, progressives in Congress attached a provision for an income tax to a tariff bill. Conservatives, hoping to thwart the idea, proposed passing the bill as they believed 75% of the states would not ratify the constitutional amendment, according to the National Archives. To their…
Use this calendar checklist to look ahead throughout the year to track important deadlines and actions you must take for your finances and health care. (Note: No deadlines in May, July, or August.) Questions? Just give us a call and we’ll be glad to help. 2025 Retirement Checklist- Download Here
Curious about tax rates, deduction amounts, contribution limits, etc.? Check out this reference card that lists all the key numbers that could affect your finances in 2025. Key Financial Data- Download Here
Don’t miss any important dates. Reference this postcard for key dates and deadlines for the first quarter of 2025. Key Deadlines- Download Here
While national focus has been on uncertainty around new tax laws, there are many individual tax-planning opportunities you should consider before year-end to ensure you are getting the best deal while staying compliant. Download Here
