Category: Tax Changes
Don’t miss our Two Part Series to help prepare you for your 2022 taxes. Part 1: Inflation Reduction Act & Tax Planning Considerations for 2022 Tuesday, Nov 1 @ 3pm – WATCH THE RECORDING Steve Franzen, CPA, PFS, CGMA will be leading the discussion outlining parts of the Inflation Reduction Act that may impact your […]
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During periods of market volatility, it is very normal to pay close attention to your portfolio while putting other aspects of your financial life on hold. However, there are many important planning items that should not be overlooked during these times. Here are a four planning ideas that can be implemented during market downturns that […]
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Since the passing of the SECURE Act, many account holders of IRAs are concerned for the tax burden on their heirs since the abandonment of the so-called “Stretch IRA.” Below we highlight 3 potential wealth transfer planning opportunities that we may discuss with our clients: Life Insurance Due to the loss of the ‘stretch’, it […]
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The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, includes many bi-partisan reforms that increase access to workplace plans and expand retirement savings. The retirement legislation includes policy changes that will impact defined contribution (DC) plans, defined benefit (DB) plans, individual retirement accounts (IRAs) and 529 plans. Below are two […]
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Most investors are aware of the importance of diversification, and as a rule diversification across asset classes (stock & bonds) helps to reduce risk. After years like 2019 it can be especially important to not let risky assets drift out of range (become a larger portion of a portfolio) since as a portfolio grows in […]
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