Unlocking Generosity: The Power and Purpose of Donor Advised Funds
In the realm of philanthropy and tax planning, donor-advised funds (DAFs) have emerged as powerful tools for individuals and families seeking to create a meaningful…
When is the Best Time to Begin Taking Social Security Benefits?
As you approach retirement age, one of the biggest decisions you will have to make is when to start taking Social Security benefits. You have…
How to Better Manage Taxes with Charitable Donations
Let’s be honest, paying taxes is not everyone’s favorite thing to do, but one strategy to minimize taxes afforded to us by the tax code…
The Immense Benefit of a Health Savings Account (HSA)
In today’s world, where healthcare costs are steadily rising, and financial planning is paramount, people are constantly searching for ways to secure their health and…
Navigating an Inheritance
In life, there are two guarantees: death and taxes. Unfortunately, people often do not think about what happens to their estate after they are gone,…
IRS Raises Tax Brackets & Standard Deduction Due to Inflation
In a surprising twist amid persistent inflation, there’s a silver lining: a larger portion of your income will face lower tax rates in the upcoming…
Owning Individual Bonds Versus Bond Mutual Funds
If you’re looking to invest in the bond market, there are two primary options available to you: individual bonds and bond mutual funds. While both…
Choosing Roth Vs. Traditional Contributions in your Company’s 401(k) Plan
When it comes to saving for retirement, there are several options for retirement accounts you can contribute to. One decision you are likely to make…
Managing Concentrated Stock Positions
As an investor, you have likely heard of the phrase “Don’t put all your eggs in one basket.” This adage is particularly applicable when it…
2022 Tax Rates, Schedules, and Contribution Limits
With another tax season coming to a close (on April 18th unless you filed for an extension), it may be a good time to look…
Is a Roth Conversion Right for You?
There are different stages you go through in life: the young working individual just starting their careers, the vetted professional with a family, and the…
Strategies for Distributing an Inherited IRA Under the SECURE Act
Since the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law on December 20, 2019, a whole slew of changes surrounding…
End of content
End of content