Key Retirement and Tax Numbers for 2020
We detail a few of the key adjustments for 2020 that affect contribution limits for retirement plans and various tax deduction, exclusion, exemption, and threshold amounts.
In the News: Missed your 2019 RMD? Here’s what to do
In today’s Marietta Daily Journal, Bil Lako, CFP®, guides you through the steps to take if you’ve realized you missed or miscalculated your required minimum distribution for 2019. Read the article here. Disclosures: The investments referenced within this article may currently be traded by Henssler Financial. All material presented is compiled from sources believed to…
Retirement Plans for Small Businesses
As a business owner, you should carefully consider the advantages of establishing an employer-sponsored retirement plan. Generally, you’re allowed a deduction for contributions you make to an employer-sponsored retirement plan. In return, however, you’re required to include certain employees in the plan, and to give a portion of the contributions you make to those participating…
How Will the SECURE Act Affect Me or My Small Business?
The SECURE Act represents the most sweeping set of changes to retirement legislation in more than a decade. How will it affect you?
Missed Your 2019 RMD? Here’s What to Do
The “Money Talks” experts discuss what you should do if you’ve missed your required minimum distribution for 2019 and how the SECURE Act changes RMDs going forward.
FIRE: Four Things You Need to Know About This Hot Retirement Movement
Curious about this hot retirement trend? While it can lead to an early retirement, it does require careful planning, savvy saving and investing habits, and potentially big sacrifices.
Qualified Charitable Distributions: Using Your IRA to Give from the Heart
If you are 70½ or older and must begin taking annual required minimum distributions, you can use a qualified charitable distribution (QCD) to donate from your IRA and get a tax break, whether you itemize or not.
Planning Priorities: Financial Missteps Parents Often Make
In this episode of Planning Priorities, Associate Peter Lynch warns about the financial missteps of parenthood and how you can avoid them with a little planning. This article is for demonstrative and academic purposes and is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The investments referenced within this…
Have You Checked Your Retirement Plan Lately?
If you haven’t given your retirement plan a thorough review within the last 12 months, now may be a good time to do so.
In the News: Cash-out refinance before retirement—are you crazy? Look at the math first
In today’s Marietta Daily Journal, Bil Lako, CFP® explains why he gave a set of clients the advice to consider a cash-out refinance right before they retired.