Seniors: Smart Ways to Avoid Scammers’ Tricks
Perhaps because they know seniors remember a time when technologies were simpler, criminals increasingly prey upon them. But with age comes wisdom, and many older people are fast to remind […]
How to Trim Your 2024 Taxes by Contributing to a Retirement Plan in 2025
Many types of retirement plans allow contributions to be made after year end. And last-minute retirement contributions can be a powerful strategy: You can lower your 2024 taxes while simultaneously […]
Now What? Financial Planning Tips for New Retirees
Now What? Financial Planning Tips for New Retirees Are you just starting or nearing retirement? It’s time to fine-tune your retirement strategies to ensure you’re retirement ready. This workshop offers […]
Charitably Inclined? Pair a Donor-Advised Fund with Your Estate Plan
Your estate plan is the perfect place to make charitable gifts if you’re a charitably inclined individual. One vehicle to consider using is a donor-advised fund (DAF). What’s the main […]
Tread Carefully with Early Retirement Plan Withdrawals
Tax-deferred retirement plans, such as traditional 401(k)s and IRAs, were designed to make building up a retirement nest egg easier. So they’re structured with both carrots (tax-deferred compounding in the […]
8-Step Year-End Checklist
8-Step Year-End Checklist 1. HARVESTING LOSSES Even in the best of times, not every investment may perform as expected. Tax-loss harvesting refers to selling a security in a taxable brokerage […]
Some Retirement Plan Benefits Will Increase for 2025
With the 2025 tax year almost here, there’s news from the IRS about retirement savings. According to a recent announcement from the tax agency (Notice 2024-80), there will be increases […]
Elder Scams: Don’t Take the Bait
Today, virtually everyone is vulnerable to fraud schemes, from teenagers searching social media to middle-aged people making online purchases and senior citizens caught up in Ponzi schemes. But financial exploitation […]
Have You Considered a Backdoor Roth IRA Conversion?
Traditional IRAs are a well-known, tax-deferred retirement saving vehicle. But they come with a major downside: You’re taxed on withdrawals. Roth IRAs eliminate this downside. You can take federal-income-tax-free qualified […]
8 Steps Toward Enhanced Financial Security
8 Steps Toward Enhanced Financial Security During uncertain times, you may be concerned about the effects world events will have on your financial affairs. Of course, there are no […]