Financial Planning
4 Tips for Investing in a 529 College Savings Account
How to Determine How Much to Invest and What Account to Choose If you’re like many parents, you may experience severe sticker shock when you first see the current cost…
Search Results for: roth ira
Financial Planning
New Year, New Goals?
…your retirement goals. If you’re financial situation allows, talk with your wealth manager about possibly increasing or even maximizing your 401k and/or IRA contributions. Prepare for emergencies. If you don’t…
Taxes
How to Apply Lessons Learned This Tax Season
…season is a great opportunity to reevaluate your retirement plan contributions. Pre-tax contributions to 401ks and traditional IRAs directly reduce your taxable income for the year, which can also reduce…
Estate Planning & Trusts
7 Reasons to Establish a Special Needs Trust
…an SNT without depleting assets required for other household needs. If assets in an Individual Retirement Account (IRA) will represent a large portion of your estate, it’s important to speak…
Estate Planning & Trusts
Developing an End-of-Life Plan
…aren’t limited to: Insurance policies (home, auto, umbrella, life, long-term care) Tax returns Non-retirement investment holdings (individual, joint, trusts) Retirement accounts (IRAs, employer plans, pensions) Banks (checking, savings, safe deposit…
Retirement
Where You Retire May Be as Important as When
…retirement savings in tax-deferred accounts, such as IRAs and 401ks. While these vehicles provide a great way to save in a tax-deferred manner, retirement distributions from these types of accounts…
Financial Planning
Business Succession Planning and the Importance of Teamwork
…for retirement income Make decisions about your personal assets, including IRA income, real estate holdings, and other investment accounts Your advisor should be willing to work with the other professionals…
Financial Planning, Taxes
5 Things to Do Before Tax Day
…have until the tax filing deadline to make 2021 contributions to traditional and SEP IRAs. Not only can these tax-deductible retirement plan contributions help lower your current year’s tax liability,…
Investing
Restricted Stock Units (RSUs)
…and/or index funds. You can consider using some of the proceeds from the sale to fund additional 401k contributions to your employer plan or contribute to your IRA for the…
Financial Planning
Tax-Loss Harvesting: What It Is and Why It Matters
…be employed in tax-deferred accounts, such as IRAs and 401ks, because their tax-deferred status means they aren’t subject to capital gains taxes. FREE GUIDEBOOK: 5 Tips to Reduce Portfolio Taxes…
