The start of the year is a great time for a financial check-up. In addition to reflecting back on the prior year, clients may be particularly motivated in January to consider making financial resolutions for the future.

There are a lot of moving parts involved when deciding what health insurance is most appropriate for a client nearing retirement. This is especially true for clients who may not be ready to apply for Medicare.

Many clients like to donate to charity, but they may not be doing so effectively. As financial advisors, it’s our job to ensure our clients maximize the outcomes of their deductible charitable gifts. That’s where this guide steps in.

The OBBBA is a major piece of tax legislation that introduces broad changes across several areas of personal financial planning. From tax deductions and credits to student loan repayment rules, the law impacts a wide range of planning considerations.

Can I Make A Mega Backdoor Roth Contribution?
In certain cases, clients may be eligible to make a Mega Backdoor Roth contribution. At a high level, this involves a client making a non-Roth, after-tax contribution to their 401(k), then rolling it out of their 401(k) into a Roth IRA.

There are a lot of moving parts involved when deciding what health insurance is most appropriate when nearing retirement. This is especially true for individuals  who may not be ready to apply for Medicare.

Navigating the changes brought by the Social Security Fairness Act of 2023 can be complex, but it’s crucial for your financial planning. The repeal of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) may increase their benefits and overall income stream.

This checklist covers 32 of the most important planning issues to identify and consider when nearing retirement.

Determining the tax impact of selling an investment can sometimes be complicated. There are several questions to ask to ensure that the tax liability on the sale of an investment is calculated correctly.