Abnormal Returns

JANUARY 17, 2024

peterlazaroff.com) Robin Powell talks retirement planning with Justin King author of "The Retirement Café Handbook: Nine Accelerators for a Successful Retirement." evidenceinvestor.com) Frazer Rice talks with Jenny Rozelle about the roles and responsibilities in trust and estate documents.

Retirement 257

Retirement Retirement Planning Insurance Education 257

Carson Wealth

AUGUST 25, 2022

How much do I need for retirement?” Your financial needs in retirement can depend on dozens of factors – some known and some unknown. One or two million dollars may seem like a lot of money to have set aside for retirement. A Retirement Reality Check. The concept of retirement continues to evolve with the world around us.

Retirement Planning 98

Retirement Planning Retirement Planning Certified Financial Planner 98

Darrow Wealth Management

NOVEMBER 11, 2024

The deductibility phase-out is based on filing status, income (MAGI), and whether or not the individual(s) are eligible to participate in a retirement plan at work. Each time you take money out from individual retirement accounts, you won’t need to pay taxes on the proportion of nondeductible contributions to all IRA assets.

Taxes 95

Taxes Distribution Retirement Retirement Planning 95

Nerd's Eye View

AUGUST 24, 2022

a single person, a couple, a business, or a retirement plan) and the date on which the agreement will become effective. To start, the agreement should contain basic information about the adviser-client relationship, including who the client is (e.g., The agreement should also lay out some acknowledgments for the client to review.

Electronics 242

Electronics Clients Retirement Planning Financial Advice 242

Nerd's Eye View

AUGUST 24, 2022

a single person, a couple, a business, or a retirement plan) and the date on which the agreement will become effective. To start, the agreement should contain basic information about the adviser-client relationship, including who the client is (e.g., The agreement should also lay out some acknowledgments for the client to review.

Electronics 238

Electronics Clients Retirement Planning Financial Advice 238

Nerd's Eye View

MAY 6, 2024

This month's edition kicks off with the news that self-directed retirement planning software provider NewRetirement has raised a $20M Series A round as the company demonstrates that its DIY tools really do turn a subset of consumers into bona fide prospects for financial advisors.

Financial Advisor 233

Financial Advisor Retirement Planning CFP Clients 233

Carson Wealth

JULY 3, 2024

Understand your tax obligations at the local, state and federal levels, and keep detailed records of income, expenses and tax-related documents. Plan for Your Retirement As a small business owner, it’s essential to plan for your retirement independently since you may not have the benefit of employer-sponsored retirement plans.

Financial Planning 142

Financial Planning Planning Retirement Planning Tax Planning 142

Nerd's Eye View

NOVEMBER 23, 2022

Among the several different types of retirement plans that are available to self-employed workers, solo 401(k) plans can offer the most flexibility and the ability to contribute the highest amount of tax-advantaged savings.

Planning 246

Planning Distribution Assets Retirement Planning 246

Random Roger's Retirement Planning

DECEMBER 15, 2023

Unusual Whales (very worth following) Tweeted that "51% of Gen-Xers and 40% of Boomers have said they are 'significantly behind' their retirement, per CNBC." We Aren't Saving Nearly Enough For Retirement. 600,000-$800,000 are workable numbers for long term retirement planning. Barron's pegs Gen-X' perceived need at $1.1

Retirement 97

Retirement Retirement Planning Numbers Engineering 97

Carson Wealth

FEBRUARY 27, 2025

Tax planning is similar in the sense that you can put work in on the front end that youll reap benefits from later. Many of us just do tax preparation, dropping off a shoebox of documents with a CPA for the weekend. Tax planning, not just tax prep, is an intentional act that can reduce your tax footprint and optimize your tax picture.

Taxes 105

Taxes Tax Planning Distribution Planning 105

Carson Wealth

MARCH 14, 2024

By Matt Kory, Vice President, Retirement Programs Changing careers is an emotional move – there’s excitement for the new opportunity, sadness about leaving your favorite coworkers behind, depression if you weren’t ready to leave, worry about how to financially bridge the unemployment gap and anticipation of the new career all at once.

Financial Advisor 143

Financial Advisor Consulting Taxes Retirement 143

Cordant Wealth Partners

SEPTEMBER 8, 2022

As you would expect from an outstanding organization like Microsoft, it offers a very robust 401(k) to help employees save for retirement. This article will discuss the key features of the Microsoft 401(k) plan, and after reading it, you should leave with a clear game plan of how to: Maximize the match (free money! )

Retirement Planning 52

Retirement Planning Retirement Planning Taxes 52

Your Richest Life

JANUARY 20, 2023

which brings several changes to the retirement system, is now law. Whether you’re decades from retirement or quickly approaching it, some of these changes will likely impact you and your financial plan. Before this change, matches on employer plans were pre-tax. document here. The Secure Act 2.0, Secure Act 2.0:

Retirement Planning 105

Retirement Planning Retirement Accounting Planning 105

Fortune Financial

APRIL 11, 2024

The reality for those with various employers is that untracked retirement savings might lead to missed financial growth opportunities and instability. Diligent oversight and management of these retirement accounts is essential for anyone aiming to build a solid financial foundation for a comfortable and secure retirement.

Retirement 59

Retirement Retirement Planning Financial Advisor Accounting 59

MainStreet Financial Planning

MARCH 7, 2023

Gathering all your documents is crucial to complete a tax return free of mistakes. It is a good idea to keep all your tax documents in one place by creating a physical or digital folder. It is a good idea to keep all your tax documents in one place by creating a physical or digital folder. Did you have AMT?

Taxes 98

Taxes Retirement Planning Distribution Planning 98

Good Financial Cents

JANUARY 24, 2023

While they do share some similarities, there are enough distinct differences between the two where they can just as easily qualify as completely separate and distinct retirement plans. Either plan is an excellent choice, particularly if you’re not covered by an employer-sponsored retirement plan. Not exactly.

Retirement Planning 122

Retirement Planning Retirement Taxes Distribution 122

Harness Wealth

JANUARY 9, 2025

Backdoor strategies are retirement contribution methods that allow individuals to bypass income limits and contribute to tax-advantaged retirement accounts. While a Mega Backdoor Roth IRA rolls these contributions into a Roth IRA, a Mega Backdoor Roth 401(k) converts them directly into a Roth 401k within the employer’s plan.

Taxes 52

Taxes Planning Retirement Retirement Planning 52

MazumaBusinessAccounting

MAY 31, 2022

Remember, the IRS recommends keeping tax-related documents for at least six years. Determining how long to keep financial records depends on several factors, including the record type and whether it’s for personal or business documentation. Some documentation has no expiration date, such as birth certificates and social security cards.

Certification 98

Certification Taxes Medical Accounting 98

MainStreet Financial Planning

JUNE 7, 2023

Search the following sites: Department of Labor’s Abandoned Plan database S. Pension Guaranty Corporation National Registry of Unclaimed Retirement Benefits There are some organizations who claim they can help you find unclaimed money for a fee, but don’t do it.

Retirement 95

Retirement Retirement Planning Financial Planning Planning 95

Carson Wealth

JANUARY 3, 2023

Your estate plan is the key to ensuring your wishes are carried out after you die or you’ve become incapacitated and can’t make decisions on your own. . Before we dive into the estate planning documents you need to have, it helps to understand how property passes after a death. How to Prepare Estate Plan Documents .

Estate Planning 52

Estate Planning Planning Insurance Financial Advisor 52

Million Dollar Round Table (MDRT)

JULY 21, 2022

This is the time to do comprehensive financial planning: retirement planning, investment planning, tax planning and estate planning. You can help her make those large purchases and housing decisions that she put off during the grief stage.

Charitable Planning 97

Charitable Planning Estate Planning Retirement Planning Tax Planning 97

International College of Financial Planning

JULY 9, 2022

When we are busy working to earn a living and spending time with our family, first thing needs to think about is Retirement Planning. Generally, people think about Retirement planning after retirement. To plan for retired life important thing is financial plan. How much will be enough?

Certified Financial Planner 40

Certified Financial Planner Financial Planner Retirement Planning Retirement 40

Clever Girl Finance

NOVEMBER 16, 2022

When you're wondering how long to keep financial records, there are documents that you will need to keep forever “just in case” they are needed. These are important documents, and there are varied reasons why you could need them. The documents that you need to file with the local registrar may also be available online.

Certification 105

Certification Taxes Insurance Banking 105

Carson Wealth

APRIL 25, 2024

Retirement planning: Calculate retirement needs and contribute regularly to retirement accounts. Tax Planning: Optimize tax efficiency through strategies such as retirement contributions, tax-deferred accounts, and deductions and credits. What Could Happen if You Don’t Have a Financial Plan?

Financial Planning 97

Financial Planning Planning Retirement Insurance Coverage 97

Carson Wealth

JULY 12, 2022

Translating from the secret language of financial planning, the sentence would read “Tammy specializes in insurance. She reviewed two types of annuity contracts often used for retirement and helped determine which one is the best fit for her client.” . In financial services, you might encounter an LLM in tax or estate planning. .

Financial Advising 98

Financial Advising Financial Planning Ethics Financial Services 98

Walkner Condon Financial Advisors

NOVEMBER 11, 2022

As we look forward to 2023, the IRS recently announced that the contribution limits for employer-sponsored retirement plans are going up. You may want to review your contribution amounts and adjust for January payrolls if your goal is to maximize funding your retirement plan contributions. . IRA Accounts.

Insurance Coverage 98

Insurance Coverage Retirement Planning Financial Advisor Taxes 98

Darrow Wealth Management

MARCH 31, 2023

Once the divorce is finalized, a crucial (but often overlooked) part of the process is updating estate documents and beneficiary designations. Here are some key considerations when financial planning for a divorce. Retirement accounts: IRAs vs 401(k)s. Cash assets have no tax implications.

Financial Planning 97

Financial Planning Planning Estate Planning Assets 97

Yardley Wealth Management

JUNE 6, 2023

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. This plan can include a living trust, a legal document that allows assets to pass to beneficiaries without going through probate court.

Certified Financial Planner 52

Certified Financial Planner Estate Planning Retirement Planning Financial Advisor 52

Indigo Marketing Agency

MAY 5, 2020

How To Grow Your Retirement Plan Business In The 2020 Economic Crisis. We’ll review: – How has the retirement landscape been affected by COVID-19? – How can advisors grow their retirement business in the current crisis? I’m super excited to welcome the team at Retirement Learning Center.

Retirement 52

Retirement Economics Retirement Planning Financial Planning 52

Carson Wealth

OCTOBER 6, 2022

The employee benefits business has its own language and most workers — even if they read all of their onboarding documents — won’t necessarily understand the content. 1. Employer match on 401(k) plans. There’s not a lot of mystery surrounding the 401(k) retirement and savings investment plan.

Education 98

Education Insurance Planning Retirement 98

Harness Wealth

JANUARY 29, 2025

These contributions not only provide immediate tax relief but help secure longer-term financial stability during retirement. 401(k) Plans: Contribute the maximum allowable amount for 2024 : $23,000 if youre under 50, or $30,500 if youre 50 or older. For the majority of people, however, April 15th will remain the deadline.

Taxes 52

Taxes Medical Distribution Tax Planning 52

Fortune Financial

JUNE 2, 2023

Unlocking the Power of Net Unrealized Appreciation (NUA) Many workers receive company stock as part of their compensation package or can take advantage of a company 401(k) plan, choosing from a menu of mutual funds, exchange-traded funds and company stock for their investments. What is Net Unrealized Appreciation?

Retirement Planning 52

Retirement Planning Distribution Retirement Taxes 52

Good Financial Cents

SEPTEMBER 15, 2022

The standard message from the financial community is that Americans are woefully unprepared for retirement. That owes to several factors, one of the major ones being a lack of regular retirement savings contributions. As the name implies, a Roth IRA is a variation of an individual retirement account. What is a Roth IRA?

Accounting 101

Accounting Taxes Retirement Retirement Planning 101

Fortune Financial

DECEMBER 23, 2022

Retirement benefits are a key component of a benefits package that attracts and retains top talent. Offering the right 401(k) plan gives you an advantage in competitive job markets while also helping your employees save for retirement. What Is a 401(k) Plan? What Is a 401(k) Plan?

Planning 52

Planning Retirement Planning Retirement Distribution 52

Carson Wealth

JANUARY 4, 2024

Which decade should you really start to plan for retirement? Planning in Your 20s Is youth wasted on the young? Start building retirement assets: Hopefully your career is blossoming and you’re able to set aside money. This means increasing how much you’re saving for retirement.

Financial Planning 96

Financial Planning Planning Retirement Estate Planning 96

Carson Wealth

NOVEMBER 5, 2022

But estate planning is so much more than terminal actions – it helps set a stage for a rich life while protecting against unnecessary taxes and family feuds. . Who needs estate planning? Anyone with dependents, retirement accounts, life insurance or real property. Estate Planning in Your 20s .

Estate Planning 52

Estate Planning Planning Retirement Planning Financial Planner 52

The Big Picture

DECEMBER 14, 2023

In my own personal portfolio I use a whole bunch of index mutual funds that happen to be available in those retirement plans and they do a great job. Dave Nadig : Absolutely. There’s no reason not to have them there, and in fact there are some reasons why mutual funds are better in that environment.

Taxes 182

Taxes Distribution Accounting Portfolio 182