Each year around this time, I get calls from clients looking for ways to save on taxes. Here are 5 tips that could help reduce that burden in April: Maximize your 401(k) contributions. If you are a participant in a traditional employer-sponsored defined contribution plan, the 2018 contribution limit for a 401(k) is $18,500, with an additional $6,000 catch-up allowed for … [Read more...] about 5 Year End Tax Tips
Simple Reads: No 401(k)?, Retirement Spending & LTC
3 articles about topics all investors NEED to know... Save for Retirement EVEN IF You Don't Have a 401(k) Every working American can save for retirement. Just because your company doesn't offer a 401(k), doesn't mean you're out of luck. If you've never heard of SIMPLE, SEP, Roth or Traditional IRA's, we'd be very happy to fill you in! How to Avoid Outliving Your … [Read more...] about Simple Reads: No 401(k)?, Retirement Spending & LTC
John Oliver on Retirement Savings
John Oliver did a segment on Last Week Tonight that both pokes fun at and explains the retirement savings industry in America. We know that saving for retirement is difficult for some, and recent data has shown that 2/3 of Americans aren't contributing to their 401(k)'s! Great breakdown on actively managed funds and the long-time difficulty active managers have had … [Read more...] about John Oliver on Retirement Savings
10 Timeless Financial Tips
The federal reserve raised interest rates on Wednesday by a quarter point, which is the third such rate increase in 2018. This always bring questions from investors; especially those planning for retirement. “Why is the fed raising rates and how will it affect me?” Raising rates is a show of strength in this economy. This is what the fed said: The Federal Reserve’s … [Read more...] about 10 Timeless Financial Tips
Do you have a will? You’re not alone.
Preparing for the future is one of those things everyone should do — but have you constructed a plan. Aretha Franklin, Prince, Jimmy Hendrix...assets in the Hundreds of Millions, yet no will, and their families are/were left to go through the courts to figure out how their assets can be distributed. The Queen of Soul's family is just beginning the process, and it took the … [Read more...] about Do you have a will? You’re not alone.