Nerd's Eye View

NOVEMBER 5, 2024

What's unique about Emily, though, is how her firm ensures every client can be served profitably through a combination of a complexity-based minimum fee arrangement, coupled with a structured data gathering, plan delivery, and client communication processes that encourage client accountability and follow-through on action items recommended by their (..)

Financial Planning 130

Financial Planning Accounting Clients Planning 130

Wealth Management

NOVEMBER 7, 2024

When completed, the integration will allow Axos client firms access to Envestnet’s menu of managed account offerings.

Accounting 98

Accounting Management Clients 98

Advisor Perspectives

SEPTEMBER 11, 2024

Multiple jobholders account for 5.1% of civilian employment. The survey captures data for four subcategories of the multi-job workforce, the relative sizes of which we've illustrated in a pie chart.

Accounting 98

Accounting 98

Nerd's Eye View

NOVEMBER 9, 2022

Health Savings Accounts (HSAs) are one of the most popular savings vehicles because of their triple-tax advantage: account owners can take an above-the-line tax deduction for eligible contributions, growth in the account is tax-deferred, and withdrawals are tax-free if they are used for qualified healthcare expenses.

Accounting 244

Accounting Taxes Healthcare Medical 244

Nerd's Eye View

AUGUST 9, 2023

The original SECURE Act, signed into law in December 2019, changed many of the long-standing rules governing IRAs and other retirement accounts, and no single measure in the legislation had a more seismic impact on planning than the changes to the post-death distribution rules for retirement accounts.

Accounting 232

Accounting Retirement Distribution Government 232

Advisor Perspectives

OCTOBER 19, 2024

Opening a 529 college savings account can be a smart move if you’d like to save for college on a tax-advantaged basis. One thing to consider when opening a 529 plan is whether it should be a custodial or individual account.

Accounting 52

Accounting Planning Taxes Assets 52

Advisor Perspectives

JULY 8, 2024

Multiple jobholders account for 5.1% of civilian employment. The survey captures data for four subcategories of the multi-job workforce, the relative sizes of which we've illustrated in a pie chart.

Accounting 108

Accounting 108

Advisor Perspectives

JUNE 10, 2024

Multiple jobholders account for 5.2% of civilian employment. The survey captures data for four subcategories of the multi-job workforce, the relative sizes of which we've illustrated in a pie chart.

Accounting 111

Accounting 111

SEI

AUGUST 20, 2024

It’s time to take a closer look at how Separately Managed Accounts (SMA) and Unified Managed Accounts (UMA) help put you in control.

Accounting 52

Accounting Management 52

Wealthfront

OCTOBER 17, 2024

That’s why we’ve built a robust suite of accounts powered by automation, with the goal of keeping both your costs and taxes low. If you’re looking for guidance on which accounts are best suited to your needs and situation, we’re here […] The post Which Wealthfront Account Is Right for You?

Accounting 52

Accounting Taxes Planning 52

A Wealth of Common Sense

APRIL 13, 2023

I’m currently maxing out my 401k, Roth IRA, and have roughly $45k in a taxable brokerage account. Via my company’s ESOP, my company’s stock has become 20% of my brokerage account even after selling a good chunk steadily over the past several years. A reader asks: I’m a 30 year old living in Brooklyn making $175/year.

Asset Allocation 117

Asset Allocation Accounting Assets 117

Darrow Wealth Management

SEPTEMBER 11, 2024

If you’ve just inherited a retirement account like an IRA or 401(k) from a parent, sibling, or relative, you may be unsure about what your options are and what to do next. Most non-spouse beneficiaries inheriting an IRA, 401(k), or retirement account from the original account owner must take the money in 10 years.

Accounting 82

Accounting Retirement Distribution Taxes 82

Advisor Perspectives

AUGUST 8, 2024

Multiple jobholders account for 5.2% of civilian employment. The survey captures data for four subcategories of the multi-job workforce, the relative sizes of which we've illustrated in a pie chart.

Accounting 80

Accounting 80

MainStreet Financial Planning

JULY 11, 2024

Let’s explore how 529 plans compare to Coverdell Education Savings Accounts (ESAs), pre-paid tuition plans, custodial accounts, and taxable investment accounts. Custodial Accounts UGMA and UTMA accounts are custodial accounts that provide more flexibility in investment choices and usage.

Accounting 52

Accounting Planning Investing Investments 52

Wealth Management

SEPTEMBER 21, 2023

That gives the firm’s RIA custody clients free access to performance reporting, fee billing, portfolio rebalancing, a client portal and portfolio accounting software.

Accounting 119

Accounting Portfolio Clients 119

Wealthfront

NOVEMBER 10, 2022

Today, we’re excited to announce we’ve doubled the FDIC insurance you get on your deposits in a Wealthfront Cash Account. Your Cash Account deposits are now insured for up to $2 million through our partner banks, which is 8x the amount available in a traditional bank account.

Insurance 133

Insurance Accounting Banking 133

Advisor Perspectives

DECEMBER 7, 2023

Without recourse to your text, your notes, or a Google search, what line item is the largest asset in Uncle Sam's financial accounts? Official Reserve Assets B) Total Mortgages C) Taxes Receivable D) Student Loans

Accounting 119

Accounting Assets Taxes 119

Integrity Financial Planning

MAY 8, 2023

You may know plenty about the differences between traditional IRAs and Roth IRAs, as well as the risks to your IRAs in this market, but what happens to an IRA (or other retirement account) that still has money in it when its owner passes away? 1, 2, 3, 5] [link] [4] [link] The post What Happens to Inherited Retirement Accounts?

Accounting 87

Accounting Retirement Distribution Retirement Planning 87

Advisor Perspectives

SEPTEMBER 24, 2024

One often-overlooked strategy in the realm of cybersecurity is the simple yet effective practice of using multiple email accounts. In today’s fast-paced digital world, where cyber threats are always lurking, safeguarding your personal and professional information is no longer optional – it’s essential.

Accounting 86

Accounting 86

Advisor Perspectives

JANUARY 26, 2023

Special needs trusts and ABLE accounts are the pillars of special needs funding. I have a professional here to discuss the differences between them and how each can be used to maximize financial resources. This includes protecting government benefits, understanding eligibility requirements, guidelines for use, and funding options.

Accounting 122

Accounting Clients Government 122

MazumaBusinessAccounting

APRIL 10, 2021

When you try to manage the accounting and bookkeeping for your business yourself, you may run into trouble. Here are some things to consider before you try DIY accounting for your business. You should be able to spend time on ways to grow your business, not accounting and bookkeeping. .

Accounting 98

Accounting Taxes Budgeting Management 98

Good Financial Cents

OCTOBER 27, 2022

While the best savings accounts used to come from traditional brick-and-mortar institutions, this is no longer the case at all. The reality is, many online banks and fintech companies offer savings accounts with lower fees (or no fees) these days, and their interest rates are much more competitive than you’ll find elsewhere.

Accounting 91

Accounting Banking Insurance Certification 91

Advisor Perspectives

SEPTEMBER 12, 2024

Determining the age when retirement account owners need to begin taking distributions is key for heirs to understand how to implement the 10-year rule for inherited accounts. Bill Cass explains what beneficiaries need to know.

Accounting 52

Accounting Retirement Distribution 52

Wealth Management

AUGUST 21, 2023

Soon, accounts held by trust may be insured by the FDIC for up to $1,250,000, rather than the current $250,000 limit on many individual accounts.

Insurance Coverage 98

Insurance Coverage Accounting Insurance Banking 98

Clever Girl Finance

OCTOBER 23, 2023

That said, you can leverage Christmas Club Accounts to automate your savings to make the holidays a lot more affordable! What is a Christmas club account? How does a Christmas club account work? Why should you use a Christmas savings account? Other types of Christmas Savings Accounts Are Christmas Clubs worth it?

Accounting 75

Accounting Budgeting Certification Banking 75

Accounting for Good

DECEMBER 11, 2023

Accounting for Good 2023 recap. AFG is your NFP Accounting specialist | AFG As we move through December it is timely to share two relevant articles with you.

Accounting 52

Accounting 52

Wealthfront

JUNE 28, 2024

We built the Wealthfront Cash Account to be the ideal home for your short-term cash. That’s why the Cash Account comes with a high APY and up to of FDIC insurance through our partner banks, with absolutely no account fees. But […] The post How To Get the Most Out of Your Cash Account appeared first on Wealthfront Blog.

Accounting 64

Accounting Insurance Banking 64

Accounting for Good

OCTOBER 13, 2022

The post Technology in [NFP] accounting first appeared on ACCOUNTING FOR GOOD.

Accounting 94

Accounting 94

Wealthfront

MAY 16, 2023

You may have heard about the APY on Wealthfront’s Cash Account offered through our partner banks and wondered whether this account offers benefits beyond the high APY. The Cash Account has a few key advantages over a standard savings account you should know about. The short answer is – yes!

Accounting 52

Accounting Banking Insurance 52

Wealthfront

SEPTEMBER 19, 2024

The fed funds rate […] The post How the Fed Funds Rate Impacts the Wealthfront Cash Account appeared first on Wealthfront Blog. It’s an important factor in the interest you earn on your savings as well as the rate you pay on any loans or debt.

Accounting 52

Accounting 52

Accounting for Good

APRIL 10, 2024

NFPs require specialist accounting services with a firm focusing only on the NFP sector. Accounting For Good is that firm. Contact us today for | AFG

Accounting 52

Accounting 52