As I sat down to write this article, the title above popped into my mind. I then began to wonder about the original version of the quote: “To be, or...
Year-End Tax Planning
This 2020 year has been one for the record books. As eager as we may be to move into a new year with a fresh start, we still have a...
Preparing for the Inevitable – The Loss of a Parent
No family wants to address the elephant in the room, but the discussion needs to start somewhere. Are you adequately prepared to handle things when confronted with the death of...
The Value of Brokerage Accounts
Why complement Retirement investment accounts like 401(k)s, IRAs, Roth IRA’s with a Brokerage account– otherwise known as taxable investment accounts?
The short answer is: Flexibility! Here are some of the advantages that investing in Brokerage accounts provides:
- There are a multitude of investments available in Brokerage accounts including stocks, mutual funds, ETFs, and other assets
- Unlike retirement accounts, which have limitations on contributions each year as well as age-based withdrawal constraints, Brokerage accounts allow investors to contribute and to withdraw money when they want. As a result, Brokerage accounts may be utilized as a vehicle for not only retirement goals but also for other financial planning goals such as a down payment on a home, purchasing a car, or maybe a home renovation project
Our Politicians Have Been Busy…Finally!
There is finally some good news to report. Our representatives in Washington have been somewhat busy and we have three government programs to share with you, our valued clients. Coronavirus...
Deciding Between a 401(k) and Roth 401(k)
Which is better for you? Contributing to a pre-tax traditional 401(k) account or an after-tax Roth 401(k) account? As with most financial issues involving tax laws, the answer depends on...
Make This April Less Taxing
Tax season is here once again. (We know you’re excited.) For a smooth and painless experience, we encourage you to follow these tips: Tax forms from Fidelity and TD Ameritrade...
Year-End Tax Planning: The Party Continues
While many of you are dreaming of sugar plums and holiday cheer, we hope thoughts of our first article about year-end planning still linger. (It was good stuff, right?) Yes,...
