Mar 3, 2021 | Blogs, Tax Planning
What to know and dates to remember Provided by Strategic Wealth Design Recently, the Internal Revenue Service (I.R.S.) announced that tax season will start a little later than usual. This year the I.R.S. will begin accepting and processing 2020 tax returns on Friday,...
Mar 2, 2021 | Checklists, Financial Planning
It’s vital to keep on top of what you have and haven’t accomplished By REBECCA LAKE If you’ve taken on the task of mapping out your annual financial plan, you deserve a pat on the back. Making sure you’ve covered all the bases is important to both your short- and...
Feb 26, 2021 | Blogs, Financial Planning
A lot, in fact. Read this for what to expect and come prepared with questions. By AMY FONTINELLE You may wonder what a financial advisor does. In general, these professionals help you make decisions about what you should do with your money, which may include...
Feb 24, 2021 | Blogs, Retirement Plans, Tax Planning
Twenty/20 The IRS released annual inflation adjustments for 2021 for many tax provisions on Monday, including new income tax brackets and an increased standard deduction. It also announced that contribution limits for 401(k)s and IRAs will not increase next year. For...
Feb 23, 2021 | Blogs, Financial Planning
Here’s how to tell if you are an exceptionally good retirement saver. Are Your Retirement Savings on Track? It takes decades of diligent saving and solid investment returns to build up a large retirement account balance.(GETTY IMAGES) IT’S DIFFICULT TO determine...
Feb 19, 2021 | Blogs, Financial Planning, Retirement Plans
KEY POINTS Before you move your money, be sure you know the rules that differ between 401(k) plans and IRAs. If the rollover process is done incorrectly, it could be considered a distribution, which would make it subject to taxation and, possibly, an early withdrawal...
