As we plan for retirement, we also start to contemplate the reality of increasing healthcare expenses. Here are some important considerations in your planning.
Considering Medical Expenses in Retirement
Year-End Insights: Certain Strategies for Uncertain Times
Video recording of the webinar hosted on October 13, 2021 titled, “Certain Strategies for Uncertain Times.”
Fourth Quarter 2021 Wealth Management Insights: Certain Strategies for Uncertain Times
Five Tips to Mitigate Cybersecurity Breaches
Katherine Russell, IACCP®, shares tips to help prevent cybersecurity breaches. Technology support services are one of many offerings from Octavia Group, our family office solution for clients.
Wealth Management Insights Video: Protecting Your Assets and the Evolving Retirement Rulebook
Scott Christianson, CFP®, discusses the SECURE Act and other changes that retirees and those planning for retirement should know.
Backdoor and Mega Backdoor Roth Strategies
If you are looking for ways to increase your tax-advantaged retirement savings, it may be worth exploring the concepts of the backdoor Roth, and the newly popular mega-backdoor Roth. If the circumstances fit and the rules are followed, both strategies allow individuals to save money for retirement without ever paying income taxes on the funds again. Yes, you read that right.
Tax Strategies to Help Navigate the American Families Plan Proposal
Tax policy is being proposed and revised at a furious pace in Washington. Not knowing if, when and in what form the proposals might turn into law, it may be tempting to ignore the process and wait for the final outcome.
Third Quarter 2021 Wealth Management Insights Video
Josh Frankel, CFP®, discusses five questions to talk to your insurance agent about that will help you protect your assets.
A Reality Check on College Costs
In the past 30 years, the cost of your cup of coffee doubled. Medical care costs rose 435%. And college costs? According to a study by J. P. Morgan Asset Management, tuition increased … 822%.
Third Quarter 2021 Wealth Management Insights Publication
Wealth Management Insights Third Quarter 2021: Protecting Your Assets and the Evolving Retirement Rulebook
New Payroll Tax for Washington Residents
Washington State has created the nation’s first public state-operated insurance program for long-term care insurance funded by a new payroll tax of 0.58% paid by employees (not employers) starting January 1, 2022.
What to Do with Excess 529 Plan Funds?
While reaching your college savings goal is worth celebrating, it’s important to know your options should you have excess funds.
How to Choose a 529 Plan
In honor of National 529 Day, we’ve highlighted several criteria to explore when it comes to choosing the best plan for your college savings and wealth planning needs.
A Focus on 529 Plans in May
College tuition costs have increased more quickly than any household expense in decades. Although there are many education funding options, there is one that often rises to the top – the 529 plan.
Alphabet Soup: Examples of Irrevocable Trusts and Purposes
If you are feeling anxious about possible changes to estate taxes, expect to have a taxable estate, and want to take action – it may be worth learning a little bit about irrevocable trusts.
Second Quarter 2021 Wealth Management Insights Video
Mary Lago, CFP®, CTFA, chair of Ferguson Wellman and West Bearing's wealth management committee, discusses strategies to create a legacy for future generations of your family.
Wealth Management Insights: Preparing Future Generations for a Legacy of Success
Our Wealth Management Insights publication for second quarter 2021 titled, “Preparing Future Generations for a Legacy of Success.”
Inheritance: Navigating the Bittersweet Windfall
No matter your generation, there is a chance you will receive an inheritance at some point in your life. This bittersweet transfer of wealth could substantially change your financial picture.
Wealth Management Insights Forum: Planning for the Future
Our Wealth Managment Insights Forum recording can be accessed here. Topics covered included financial spring cleaning, potential new tax policies, strategic savings and spending priorities and steps toward establishing a wealth plan.
2021 Annual Limits for Tax and Wealth Planning
The College for Financial Planning has released its 2021 Annual Guide that is a great resource for tax planning, charitable giving and other important topics.