Samantha Pahlow, CTFA, AWMA®, discusses the basics of Medicare and how it fits into retirement planning.
Medicare: Understanding the Basics
Social Security Spousal Benefits
Charissa Anderson, CFP®, CDFA®, explains the various aspects of Social Security spousal benefits and how it fits into retirement planning.
Making the Most of All Your Benefits - Wealth Management Insights Video
Wealth Management Chair Mary Lago, CFP®, CTFA, discusses strategies to maximize the most of your benefits from private insurance options to Social Security and Medicare.
Social Security Claiming Fundamentals
For those with many years before retirement, social security appears to be a straightforward arrangement: once you retire, you will receive a monthly check for the rest of your life. However, there are several complexities to be aware of as you approach retirement. For example, the timing of when you begin to take benefits can greatly alter the size of your benefits. The options you choose are impactful, and importantly, are mostly irrevocable. Carefully reviewing your options beforehand can ensure that you put yourself in the best position to maximize benefits.
Third Quarter 2022 Wealth Management Insights Publication: Making the Most of All Your Benefits
Read our third quarter 2022 Wealth Management Insights publication in which Mary Lago, CFP®, CTFA, Charissa Anderson, CFP®, CDFA®, and Casia Chappell, CFP®, CPWA® share their thoughts on life insurance ownership, social security spousal benefits and long-term care insurance.
529 Plans: Common Misconceptions
Casia Chappell, CFP®, CPWA®, discusses 529 college savings plans and their details that oftentimes confuse savers and students and how to best utilize these plans.
529 Plan Update: A Material Change in Planning
If you have college bound children or grandchildren, you are likely aware of the benefits of 529 accounts, which include but are not limited to tax-free growth of investments, tax-free withdrawals when funds are used for qualified education expenses, potential state income tax benefits, expanded gifting options with superfunding and the flexibility for the owner to transfer funds to family members.
Wealth Management Insights Video: Understanding the Impact of Ownership and Beneficiary Designations
In the second quarter 2022 Wealth Management Insights video, Mary Lago, CFP®, CTFA, discusses the importance of account ownership and beneficiary designations when planning wealth transitions.
Wealth Management Insights Forum: Managing Wealth through Transitions
Important Considerations for Uniform Transfer to Minors and Uniform Gift to Minors Accounts
Parents and grandparents often ask how they can set up an account for minor children, to help them build good saving habits or to make financial gifts, while also delaying access until a future point in time. One common approach is to open a Uniform Transfer to Minors Act account (UTMA) or Uniform Gift to Minors Account (UGMA).
Second Quarter 2022 Wealth Management Insights Publication
Second quarter 2022 issue of Wealth Management Insights publication titled, “Understanding the Impact of Ownership and Beneficiary Designations.”
Proposed Changes for IRA Beneficiaries Under the SECURE Act
The SECURE Act brought significant changes to the retirement planning landscape. The wide-sweeping legislation impacted retirement plans in numerous ways, which are covered in this article.
Basic Tax Considerations When Selling Real Estate
When you sell real estate and make a profit, you may be taxed on that gain. When it comes to the sale, both how the property was used and the length of time you’ve owned the property will impact your taxation.
Considerations for Strategic Tax and Wealth Planning in 2022
Here are highlights of the 2022 key financial figures that, depending on your stage of life, may impact your tax planning this year.
Life Expectancy and Wealth Planning
Preparing to Sell a Business
For many owners, selling or transitioning their business often ranks as the most important financial decision of their lives. Not only is this decision often highly emotional, but many additional factors exist that require careful attention and evaluation.
First Quarter 2022 Wealth Management Insights Video: Valuing the Resources of Time and Money
Mary Lago, CFP®, CTFA, discusses the theme for the first quarter of 2022, “Valuing the Resources of Time and Money.”
Wealth Management Insights: Valuing the Resources of Time and Money
‘Tis the Season for Gifting
With the hustle and bustle of the season around us, many are considering the good cheer they can share with others. For those of the mindset that it is better to give than receive, here are some guidelines on making financial gifts.
Wrapping Up 2021 With a Bow: Year-End Planning
As we approach the hectic holiday season, we encourage you to pause and review your personal finances before we close the books on 2021.