As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains how having an empty nest is the time to focus on your future. With your children out of the house, there are probably several areas in your budget that you can reevaluate.
Although the credit for purchasing a new electric vehicle can still be as much as $7,500, Congress has added some new stringent qualifications as to which vehicles qualify, and for the first time Congress has limited who qualifies for the credit by barring the credit to higher income taxpayers.
It’s the most wonderful time of the year—for CPAs! The IRS started accepting returns on Monday, January 23, 2023! Remember the filing deadline for most individuals is on Tuesday, April 18, 2023 or Monday, October 16, 2023, if you file for an automatic six-month extension by the original due date.
This week in our “Money Talks” case study, Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate D.J. Barker, CWS®, and Associate Clay Norman, CFP®, to address a couple who have entered the empty nest phase of their life. The financial experts discuss how this life event comes with several financial changes and opportunities.
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains that financial goals change as life happens. While your financial plan should look at least 10 years out, it’s not the same plan you will have 10 years from now.
If you and your spouse are looking for a way to build your retirement savings but one of you is not working, you might consider funding a spousal IRA, as IRS rules allow a married couple to fund separate IRA accounts for each spouse based on the couple’s joint income.
Having a comprehensive end-of-life plan can significantly ease the burden on family members during a highly emotional period.
In this latest episode of Planning Priorities, we take a closer look at what you should do during market volatility. Should you sell now and reinvest in stocks later when things calm down?
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate Jarrett McKenzie, CFP®, CWS®, and Senior Financial Planner Josh Weidie, CWS®, to address a couple of investors who have been saving to the detriment of living. Their former adviser gave them pushback if they didn’t save everything for retirement. The financial advisers discuss the importance of understanding the lifestyle investors want to lead when developing a plan.
As seen in the Marietta Daily Journal: Bil Lako, CFP®, explains how missing out on a small amount in your early saving years could make nearly a $100,000 difference in your retirement account.