Harness Wealth

JANUARY 29, 2025

April 15 marks the IRS tax return filing deadline for 2025. Although this is the traditional tax filing deadline, given the spate of recent natural disasters (such as the California wildfires and Hurricane Milton), the IRS is granting certain filing and payment extensions beyond this date.

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Taxes Medical Distribution Tax Planning 52

MainStreet Financial Planning

MARCH 7, 2023

It is March…that means you have just about 5 weeks left to get organized and submit your tax return. The tax deadline is April 18, 2023 (some taxpayers in disaster areas in California, Georgia and Alabama have an extended deadline). Gathering all your documents is crucial to complete a tax return free of mistakes.

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Taxes Retirement Planning Distribution Planning 97

The Chicago Financial Planner

DECEMBER 5, 2021

Check with your financial or tax advisor as to how much you will be able to contribute. It’s best to check with your tax or financial advisor regarding the latest date for contributions. The Solo 401(k) can be a great self-employed retirement plan. Investment flexibility . NEW SERVICE – Financial Coaching.

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Retirement Planning Retirement Financial Planner Accounting 155

Envision Wealth Planning

MARCH 24, 2022

Retirement planning for women can be trickier than most people may think. Most women I talk to are more concerned about paying less in taxes today than when they retire. For example, what if a $2,400 refund leads you to pay $100,000 more in taxes over your life? From the money that has already been taxed.

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Retirement Planning Retirement Taxes Planning 52

MainStreet Financial Planning

APRIL 4, 2024

To be eligible for financial aid (grants & student loans) for college your child will need to submit your tax return as part of their FAFSA application when applying to colleges in their senior year. So…if your child is a sophomore in high school right now…2024 is the tax year that will be used for financial aid eligibility.

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Taxes Retirement Planning Financial Planning Planning 90

Zoe Financial

JANUARY 27, 2025

The Five Phases of Retirement Planning Published January 29, 2025 Reading Time: 2 minutes Written by: The Zoe Team Retirement is a journey with distinct phases, each requiring its own focus and preparation. Its about striking a balance between enjoying your retirement and ensuring long-term security.

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Retirement Planning Retirement Planning Taxes 52

FMG

MARCH 3, 2025

For example, if you post about how you helped a client save for their childs college education, ask followers to share their own financial wins or challenges. Instead of listing ten tips for retirement planning, share your top three and ask, What would you add to this list? Lets break it into manageable steps together.

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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.

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Retirement Planning Retirement Taxes Distribution 122

Getting Your Financial Ducks In A Row

OCTOBER 17, 2022

This original IRA was not deductible from income for tax purposes, and the annual contribution limit was the lesser of $1,500 or 15% of household income. 1978’s Revenue Act implemented the Simplified Employee Pension IRA (SEP-IRA), which provided for a contributory retirement account, primarily for small businesses. billion by 1981.

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Retirement Distribution Taxes Retirement Planning 90

The Chicago Financial Planner

OCTOBER 20, 2021

Any money that may have been withheld from your benefits such as taxes or Medicare premiums. Social Security and income taxes . Regardless of your age or the source of your income, Social Security benefits can be taxed based upon your income level. The tax levels are: Tax filing status. Combined income. %

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Retirement Financial Planner Taxes Distribution 192

Darrow Wealth Management

FEBRUARY 9, 2025

So historically, every $1 million invested would yield annual dividend income of $19,800 on average… before tax. If you own 10,000 shares, you receive $40,000 in dividend income (before taxes) and have a portfolio currently worth $2M. If qualified, the IRS uses more favorable long-term capital gains tax rates.

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Retirement Asset Allocation Taxes Portfolio 67

Zoe Financial

MARCH 21, 2025

Published: March 21st, 2025 Reading Time: 6 minutes Written by: The Zoe Team Managing wealth involves more than just investingit requires careful planning, strategic decision-making, and a long-term vision. Tax Considerations : Identifying strategies to optimize your tax situation. Optimizing tax-efficient retirement income.

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Financial Advisor Strategic Planning Estate Planning Retirement 40

Carson Wealth

JULY 12, 2022

We speak a secret language in financial planning. So much of our world is filled with abbreviations surrounding insurance and investment products, processes, education and accomplishments. . Translating from the secret language of financial planning, the sentence would read “Tammy specializes in insurance. Conferred Degrees.

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Financial Advising Financial Planning Ethics Financial Services 98

WiserAdvisor

SEPTEMBER 13, 2022

However, it may still be advised to start planning your retirement as soon as you can. Retirement planning is a long process. It can take several years to understand your future needs and accumulate enough savings to prepare for a financially secure retirement. This leaves a lot of room for other financial goals.

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Retirement Planning Retirement Planning Budgeting 52

MainStreet Financial Planning

JANUARY 18, 2023

Just thinking about becoming a parent, sets off worries about how to save for a college education. In 2022, the average American paid between about $100,000 – $200,000 for a four-year college education. College is a big expense to plan for so the sooner you get started the better. Open a parent owned 529 plan.

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Education CFP Retirement Planning 52

Good Financial Cents

SEPTEMBER 15, 2022

Because the investment income earned in a Roth IRA is tax-deferred—and eventually tax-free—there are no tax complications to worry about. Unlike taxable brokerage accounts and even bank accounts, there’s no possibility of incurring the so-called “ kiddie tax ” on the investment earnings in a Roth IRA account. Get Started.

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Accounting Taxes Retirement Retirement Planning 101

WiserAdvisor

SEPTEMBER 14, 2022

However, it may still be advised to start planning your retirement as soon as you can. Retirement planning is a long process. It can take several years to understand your future needs and accumulate enough savings to prepare for a financially secure retirement. This leaves a lot of room for other financial goals.

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Retirement Planning Retirement Planning Budgeting 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. Help her find her independence through education, motivation and collaboration. Transformation is where she experiences new beginnings.

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Charitable Planning Estate Planning Retirement Planning Tax Planning 97

James Hendries

SEPTEMBER 27, 2022

You want to retire comfortably when the time comes. The truth is, saving for your retirement and your child’s education at the same time can be a challenge. Answering the following questions can help you get started: For retirement: How many years until you retire? So how do you juggle the two?

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Education Retirement Retirement Planning Financial Planner 52

Don Connelly & Associates

APRIL 15, 2024

For most people, there's little to think about when it comes to making contributions to their 401k plans. They enjoy reduced current taxes, deferred taxes on account earnings, and, for most, a matching contribution from their employer. Many retirees are shocked by the amount of taxes they owe on their retirement income.

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Education Clients Investing Investments 52

Harness Wealth

OCTOBER 24, 2024

What do you need to optimally complete and file your taxes? This article covers a comprehensive list of the most common forms, documents, and information needed to file taxes. If you need a cheat sheet, download our 1-page tax prep checklist. Use this tax prep checklist as a tool to save time ahead of tax filing.

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Taxes Insurance Insurance Coverage Medical 52

Carson Wealth

OCTOBER 6, 2022

I blame it largely on the failure of employers to educate in a coherent and easy-to-understand fashion. I have two friends, both in education, who literally threw away their 403(b) enrollment forms because they didn’t understand what the tax-sheltered retirement plan was. It comes back to a lack of education.

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Education Insurance Planning Retirement 98

Getting Your Financial Ducks In A Row

MARCH 6, 2023

On the flip side, there are certain things that you can’t do in a 401(k) (or other Qualified Retirement Plan) that you can ONLY do with an IRA while you’re under age 59½. Of course you would have to pay tax on the distribution, but otherwise you can take the money from your IRA for these purposes.

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Distribution Retirement Planning Planning Financial Advisor 92

Integrity Financial Planning

AUGUST 28, 2022

In order to pass these on, you must name a beneficiary for each retirement account, insurance policy, and annuity. If you don’t, these assets will likely be paid to your probate estate, possibly triggering income tax. Get in touch with us to find out how we can help you create a financial plan for your retirement and the future.

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Estate Planning Planning Communication Retirement 98

Indigo Marketing Agency

MARCH 19, 2025

Example: Instead of writing something like: With our advanced wealth management strategies, we help high-net-worth individuals maximize tax-efficient investments while securing generational wealth. Try using shorter, more common words like: We help you save money on taxes and grow your investments. Book a free call today.

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Financial Advisor Advertising Marketing Marketing 52

MazumaBusinessAccounting

MAY 31, 2022

Remember, the IRS recommends keeping tax-related documents for at least six years. Documents such as tax returns, receipts, bank statements, or pay stubs can also be kept in a safe deposit box or simply a locked file at home. At Mazuma, we can help with your business accounting and taxes. Mazuma Can Help!

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Certification Taxes Medical Accounting 98

Good Financial Cents

SEPTEMBER 29, 2022

Share insights in a community and access a wealth of educational content. Real Estate: Best for Predictable Gains + Tax Benefits. Real estate also has valuable tax benefits, like depreciation expense. Please note that they are not ranked in any certain order. Ad Build a portfolio through a unique investing experience.

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Investing Investments Retirement Planning Risk Tolerance 109

Ballast Advisors

NOVEMBER 21, 2022

What are appropriate checklists for year-end tax planning? Tax planners often develop checklists to guide taxpayers toward year-end strategies that might help reduce taxes. Certain tax benefits may be available if you can claim an individual as a dependent. Family tax planning. Employee matters.

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Tax Planning Taxes Planning Retirement Planning 52

Indigo Marketing Agency

MARCH 5, 2025

Events are one of the most effective ways for financial advisors to: Establish credibility Educate prospects Generate high-quality leads After all, youre inviting people to your event to sell them on your services and what makes you the best option. This campaign can help you attract attendees actively looking for financial guidance.

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Financial Advisor Marketing Marketing Clients 52

Fortune Financial

APRIL 11, 2024

According to the Department of Labor , “Based on the experience of Council members, and testimony and conversations with recordkeepers, the value of uncashed retirement plan checks likely exceeds $100 million per year but could be considerably larger. The next key step is to consolidate all of your retirement accounts.

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Retirement Retirement Planning Financial Advisor Accounting 59

Good Financial Cents

JANUARY 26, 2023

Important Considerations if Retiring at 50 is a Real Goal If you want to retire at 50, there are some important considerations to take into account. That means understanding the stock market, planning for debt and savings, and investing in yourself through education or entrepreneurial ventures. Ads by Money.

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Retirement Taxes Accounting Retirement Planning 122

Darrow Wealth Management

MARCH 3, 2025

Taxes, fees, expenses, trading costs, etc. Retirement planning, like any type of robust financial planning, should include stress testing your investment strategy and financial plan. But returns on a 100% fixed income portfolio aren’t going to meet the needs of most retirees. can all weigh on performance.

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Risk Tolerance Asset Allocation Assets Portfolio 60

Nationwide Financial

APRIL 20, 2023

Tax season is here! For many of us, that means a tax refund. Some general, popular advice you may have heard before, is that if you receive a tax refund, a bonus, or an unexpected financial windfall, you should invest or save it for the long-term, rather than spending it now. Immediate gratification can be hard to resist.

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Taxes Clients Investing Investments 59

Fortune Financial

JANUARY 11, 2024

Additionally, this strategy offers tangible benefits to the company, including enhanced productivity, a stronger employer brand and potential financial incentives like tax benefits. One critical aspect often overlooked in benefits management is the necessity of educating employees about the benefits available to them.

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Retirement Planning Education Insurance Retirement 59

Carson Wealth

DECEMBER 1, 2022

An individual who learns to manage $4,000 a month after taxes will be equipped to manage $14,000 or even $40,000 a month as their earnings increase over time. Take Advantage of Retirement Plans and Matching Contributions. Employers often match a portion of this contribution to a retirement plan as an employer benefit. .

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Retirement Planning Risk Tolerance Retirement Budgeting 67

MainStreet Financial Planning

MARCH 7, 2025

Comprehensive Financial Planning is Included Many AUM advisors charge extra for estate planning, tax strategies, and retirement planning. Unlike AUM advisors, they dont have an incentive to keep assets under management, so their recommendations are truly objective. Are There Any Benefits to AUM-Based Advisors?

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Fortune Financial

SEPTEMBER 25, 2023

Whether planning for retirement, saving for your children’s education or simply looking to grow your investments, finding the right wealth management services in Kansas City can make all the difference. Long-term goals typically encompass retirement planning, wealth preservation and estate planning.

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Wealth Management Management Risk Tolerance Retirement Planning 59