Nerd's Eye View

NOVEMBER 4, 2022

A recent study shows that while many consumers have expressed an interest in ESG investing, such funds within retirement plans have received limited allocations from investors. A survey showing how millionaires allocate their assets and the importance they place on the recommendations of their financial advisors.

Financial Planner 177

Financial Planner Financial Advisor Retirement Planning Medical 177

Nerd's Eye View

JANUARY 31, 2024

In late 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, introducing several significant changes to retirement planning. Of the many provisions in the bill, the so-called "Death of the Stretch" arguably received the lion's share of consternation from the financial advisor community.

Financial Advisor 230

Financial Advisor Estate Planning Nonprofit Financial Planner 230

Park Place Financial

MARCH 16, 2022

FINANCIAL PLANNING 4 Areas Your Financial Planner Should Cover as a High-Net-Worth Individual Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Given the complex nature of their portfolios, HNWIs require assistance from experienced financial planners who understand their unique situations and needs.

Financial Planner 52

Financial Planner Estate Planning Certified Financial Planner Retirement Planning 52

Fortune Financial

FEBRUARY 4, 2024

With our deep expertise and qualifications in NUA strategies, our experts are adept at navigating the complexities of tax-efficient retirement planning. Explore the Fortune Financial advantage in transforming how you manage your retirement assets and bringing you closer to achieving your financial dreams.

Retirement 59

Retirement Retirement Planning Distribution Taxes 59

WiserAdvisor

MARCH 13, 2024

Achieving financial freedom in retirement requires meticulous planning, dedicated effort, and strategic management. When aiming for financial independence, the importance of a structured approach should be emphasized. Within this framework, the concept of the five pillars of retirement planning emerges as a valuable strategy.

Retirement Planning 105

Retirement Planning Retirement Planning Estate Planning 105

The Chicago Financial Planner

AUGUST 24, 2021

Approaching retirement and want another opinion on where you stand? Check out my Financial Review/Second Opinion for Individuals service for more detailed advice about your situation. Financial coaching focuses on providing education and mentoring on the financial transition to retirement. FINANCIAL WRITING.

Financial Advisor 191

Financial Advisor Financial Planner Accounting Retirement 191

Park Place Financial

NOVEMBER 29, 2022

Retirement Planning 5 Ways to Catch Up on Retirement Planning Later in Life Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Retirement is a significant investment, which is why so many financial experts recommend establishing goals and starting when still a younger adult.

Retirement Planning 52

Retirement Planning Retirement Certified Financial Planner Planning 52

Park Place Financial

MARCH 15, 2022

RETIREMENT PLANNING The Four Phases of Retirement Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Retirement planning has become increasingly difficult as the cost of living continues to rise. To help you better prepare for the future, discover the four phases of retirement below. Pre-Retirement.

Retirement 40

Retirement Retirement Planning Certified Financial Planner Medical 40

Yardley Wealth Management

JUNE 6, 2023

Secure Your Financial Legacy When planning for your legacy, it’s important to consider various financial aspects. Here are some additional details and keywords to help guide you: Estate planning involves creating a plan for the management and distribution of assets after death.

Certified Financial Planner 52

Certified Financial Planner Estate Planning Retirement Planning Financial Advisor 52

Walkner Condon Financial Advisors

APRIL 27, 2023

You may have recently changed jobs and are wondering, “What should I do with my retirement account that was established through my former employer’s retirement plan?” It is a defined-contribution plan that offers an opportunity for an employee to save and invest for retirement in a tax-deferred manner. However, it is an option.

Retirement Planning 52

Retirement Planning Distribution Certified Financial Planner Retirement 52

International College of Financial Planning

OCTOBER 26, 2023

Their primary objective is to ensure that the assets are managed & distributed according to the wishes of the client. The Financial Planner will ensure that the Estate Planning strategy is curated in terms of client requirements, estate complexity and requirements of the legal heirs /other parties.

Estate Planning 52

Estate Planning CFP Certification Certified Financial Planner 52

International College of Financial Planning

MARCH 11, 2023

This blog post explains why financial planning is important and how it can benefit you in the future Understanding the Importance of Financial Planning: Financial planning involves setting financial goals, creating a budget, saving and investing managing debt, and planning for retirement and estate.

Financial Planning 52

Financial Planning Planning Insurance Coverage Financial Planner 52

Carson Wealth

DECEMBER 7, 2022

Your financial planning needs get more complex than in your 20s. The following are into five areas of focus for retirement saving in your 30s.  . Talk with a qualified financial planner to ensure you have appropriate coverage to protect your family, assets and legacy if the unthinkable were to happen.  .   .

Financial Planner 52

Financial Planner Insurance Retirement Planning Retirement 52

Park Place Financial

MARCH 10, 2022

Distributing tax-smart assets into the different tax categories (taxable, tax-deferred, and tax-free) to limit liability . Increasing tax-deferred savings, such as an employer-sponsored retirement plan, to lower your taxable income . Long gone are the days when individuals relied on interest from investments to fund their retirement.

Portfolio 52

Portfolio Certified Financial Planner Financial Planner Healthcare 52

Walkner Condon Financial Advisors

APRIL 13, 2022

You may have recently changed jobs and are wondering, “What should I do with my retirement account that was established through my former employer’s retirement plan?”. It is a defined-contribution plan that offers an opportunity for an employee to save and invest for retirement in a tax-deferred manner. Cash it out. Do nothing.

Retirement Planning 52

Retirement Planning Certified Financial Planner Distribution Retirement 52

Carson Wealth

JANUARY 17, 2023

And as you think about retirement and long-term goals, they feel more tangible than they did twenty years ago. Consider the following five steps to take planning for retirement in your 40s:   . Maximize Your Retirement Plan Savings  . Ellie’s employer will match any 401(k) retirement contributions up to 4% of her salary.

Retirement Planning 52

Retirement Planning Financial Planner Certified Financial Planner Retirement 52

MainStreet Financial Planning

NOVEMBER 1, 2022

Roth IRAs certainly have advantages, such as no required minimum distributions, and beneficiaries will receive the Roth IRA tax-free. There may be new tax legislation that could change the way we plan for retirement assets. There are proposals to change the deduction for retirement plan contributions, making Roths much more valuable.

Taxes 52

Taxes Certified Financial Planner Retirement Planning Financial Planner 52

Good Financial Cents

MARCH 29, 2023

Thinking about converting your retirement account to a Roth IRA? Roth IRAs don’t come with Required Minimum Distributions (RMDs) at age 72 like a traditional IRA either, so you can continue letting your money grow until you’re ready to access it. You don’t want to begin taking distributions at age 72.

Taxes 98

Taxes Retirement Distribution Accounting 98

Park Place Financial

NOVEMBER 29, 2022

Trusts involve moving financial resources to a third party called the trustee. Trustees manage the funds wisely and ensure they are distributed to the beneficiaries, according to the grantor’s wishes. With a CRUT, you create a trust that provides annual distributions to you or certain beneficiaries for a set period. 0 Comments.

Estate Planning 52

Estate Planning Economics Planning Financial Planner 52

Carson Wealth

NOVEMBER 5, 2022

Anyone with dependents, retirement accounts, life insurance or real property. A beneficiary is the person or entity who receives the death benefit of an insurance policy, or retirement account proceeds at the death of an insured or account owner. Who needs estate planning? Estate Planning in Your 20s .

Estate Planning 52

Estate Planning Planning Retirement Planning Financial Planner 52

Carson Wealth

NOVEMBER 28, 2022

Estate planning touches two critical aspects of our lives: It can direct the distribution of property while providing a structure of guardianship and care for ourselves as well as those we love and care for. You should think about property distribution as you accumulate wealth. Craig Lemoine, Ph.D., When Do You Need an Estate Plan?

Estate Planning 69

Estate Planning Planning Distribution Financial Advisor 69

Carson Wealth

DECEMBER 1, 2022

Take Advantage of Retirement Plans and Matching Contributions. Most employer retirement plans allow you to save on a tax-deferred basis, meaning that contributions into these types of accounts are not considered in calculating your taxable income. . Work With a Financial Advisor . Consider the following example below:?? .

Retirement Planning 72

Retirement Planning Risk Tolerance Retirement Budgeting 72

Harness Wealth

JUNE 9, 2023

Crafting Your Personalized Financial Plan: A Step-by-Step Guide The Role of a Wealth Manager or Financial Planner Harness Wealth Can Help What is a Financial Plan? It’s more than just investing—it’s a holistic approach that covers all aspects of your financial life.

Financial Planning 52

Financial Planning Planning Financial Planner Wealth Management 52

Park Place Financial

APRIL 26, 2022

When you establish a trust, you’re creating a legally-binding plan that stipulates how your wealth will be distributed after your death. Beneficiary: This is the person or people who receive a distribution of assets from the trust after the grantor’s death. Decide How You Want to Distribute Your Wealth.

Assets 52

Assets Distribution Certified Financial Planner Estate Planning 52

Carson Wealth

JANUARY 5, 2023

Qualified retirement plans – such as 401(k)s, 403(b)s and IRAs – offer clear tax advantages. Traditional 401(k)s, 403(b)s, and IRAs offer a tax deferral on contributions and growth until distribution. One of those is the Required Minimum Distribution (RMD) rule. Jamie Hopkins, Managing Partner, Wealth Solutions. RMD Basics.

Distribution 98

Distribution Retirement Planning Taxes 98

The Chicago Financial Planner

OCTOBER 21, 2021

Saving for retirement is a major undertaking for most of us. Health savings accounts (HSA) provide another vehicle to save for retirement. An HSA can serve as an additional retirement savings vehicle on top of your IRA or 401(k) to help cover healthcare and other retirement expenses. Click To Tweet.

Retirement Planning 193

Retirement Planning Accounting Retirement Planning 193

WiserAdvisor

JULY 1, 2022

Be it insuring your business, raising debt, lining up investors to invest their money, or managing equity, financial planning in business is as essential as personal financial planning. A well-tailored financial plan here becomes paramount. . Plan for retirement. Seek professional help.

Financial Planning 52

Financial Planning Planning Financial Planner Retirement 52

Park Place Financial

SEPTEMBER 8, 2022

If you pass away without one, the state will be in charge of distributing the resources and, most likely, give them all to your children, which may have been your plan anyway. For example, annuities, retirement accounts, and life insurance follow beneficiary designations. In select cases, wills are not necessary. 0 Comments.

Estate Planning 52

Estate Planning Planning Certified Financial Planner Medical 52

Fortune Financial

SEPTEMBER 25, 2023

How to Choose the Right Wealth Management Firm in Kansas City Managing your wealth is a crucial aspect of financial success and security. Long-Term vs. Intermediate and Short-Term Goals Begin by distinguishing between your long-term, intermediate-term and short-term financial goals.

Wealth Management 59

Wealth Management Management Risk Tolerance Retirement Planning 59

WiserAdvisor

MAY 11, 2023

Create a will A will is a legal document documenting how a person’s assets will be distributed after their demise. That said, laws pertaining to wills may vary from state to state and drafting a will may not guarantee that your assets are distributed according to your wishes. These are: 1.

Distribution 52

Distribution Taxes Insurance Financial Advisor 52

WiserAdvisor

SEPTEMBER 27, 2023

The 401(k) retirement plan is one of the most powerful tools. Moreover, it facilitates financial discipline with consistency. Reaching the age of 50 with over $2 million in your 401(k) is an impressive financial landmark that can provide you with a comfortable retirement if managed wisely.

Risk Tolerance 52

Risk Tolerance Retirement Taxes Retirement Planning 52

Carson Wealth

NOVEMBER 3, 2022

Use a qualified charitable distribution (QCD) from your individual retirement account (IRA). If you are age 70 ½ or older, you can transfer money from your IRA to a charity as a qualified charitable distribution (QCD), which makes it tax-free up to $100,000 ($200,000 if you file jointly).

Taxes 98

Taxes Distribution Accounting Nonprofit 98

Fortune Financial

SEPTEMBER 25, 2023

How to Choose the Right Wealth Management Firm in Kansas City Managing your wealth is a crucial aspect of financial success and security. Long-Term vs. Intermediate and Short-Term Goals Begin by distinguishing between your long-term, intermediate-term and short-term financial goals.

Wealth Management 52

Wealth Management Management Risk Tolerance Retirement Planning 52

Park Place Financial

SEPTEMBER 8, 2022

Family members or other loved ones depend on you for financial support. . You want to ensure your assets are distributed according to your wishes following your death or incapacity (also referred to as heritage wealth planning ). . The state will distribute your wealth as they see fit, which may not match your wishes.

Estate Planning 52

Estate Planning Planning Certified Financial Planner Taxes 52

Carson Wealth

JUNE 14, 2022

I often find college savings at the top of my pile of financial stressors. Unless I find a money tree in my backyard, my oldest child is going to turn 18 well before I retire. The plan beneficiary receives tax-favored distributions based on their educational expenses. Craig Lemoine, Director of Consumer Investment Research.

Planning 52

Planning Distribution Accounting Taxes 52

Harness Wealth

SEPTEMBER 18, 2024

Understanding their plans around family, career, business, retirement, and more can position your tax firm to identify future client planning needs and help them make decisions with their goals in mind. Wills consider more than how to distribute a decedent’s estate, such as what to do with their remains (burial, cremation, etc.)

Taxes 52

Taxes Clients Planning Estate Planning 52

Carson Wealth

AUGUST 3, 2023

This may be a good time to talk to a financial planner so there’s no misunderstanding about how routine expenses will be divided. Plus, a life insurance payout can help equalize your estate if your new spouse is the beneficiary of your qualified retirement plan (which is required under federal law unless they sign a waiver).

Budgeting 52

Budgeting Estate Planning Insurance Retirement 52