Starting in 2024, owners of a 529 plan can rollover unused balances into a ROTH. Thanks to the 2022 Secure Act, Americans who saved for college in 529 plans will soon have a way to rescue unused funds by converting the account to a ROTH. With specific limitations, investments would keep growing tax-free in a…
Read article
Want to be smart about your income tax liability for 2022? Don’t wait till it is too late. Now is the best time to think about it, before the 2022 tax year ends. In this article we discuss a variety of tax planning tips for Business Owners & High Net-Worth Individuals. General Income Tax Planning…
Read article
Over the past few months, I’ve worked really hard to make some improvements to the firm, to ensure that I can continue doing the best possible job for you. I’ve realized that taxes are a really big component of your income being lost. Whether or not you are retired, you can lose up to 40%…
Read article
The 2020s have fallen far below the excitement of a new decade. For reasons need not mentioned here (being we are still living it), many are considering retirement far earlier than prior generations. Coincidentally, supporting a retirement lifestyle requires funding and for most of us that funding will come from a retirement account. Below is…
Read articleWhat if you could have more money for yourself and for your children BY GIVING to charity? We asked ourselves this question in light of our clients regularly donating to charity. Boy were we surprised when we found out that we could!! Over the years, we met with over 100+ estate attorneys and accountants to…
Read articleImagine you and your loved one ate at McDonald’s everyday… Three (3) times per day paying $5 per meal. How much would that cost you over 20 years? Let’s do the math: 2 people x 3 meals @ $5 each = $30 $30 x 365 days = $10,950 $10,950 x 20 years = $219,000!!! Have…
Read articleAs our logo states, we go beyond stocks and bonds by managing wealth to protect the lifestyles, assets and needs of our clients. iPlan. Do You?
Read articleSuch a common phrase heard and spoken more than one can count. And for many, no words could be truer!!! After tackling one obstacle after another to achieve the American Dream, you would think that wasting Time is not an option. Then why do so many of us do just that? While raising the family,…
Read articleIf you could keep more of your earnings by paying less taxes, would you? You are not alone. If asked, most taxpayers feel over-taxed. But did you know by working with a Financial Planner you could lower your taxes and save more $. The objective of Tax planning is to identify how income is taxed,…
Read article64% of small business owners on Main Street are confident that they can survive for more than a year. https://a.msn.com/r/2/BB17PA7d?m=en-us&referrerID=InAppShare
Read article