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Webinar: Take Control of Your Finances
Would you like to get organized and take control of your financial situation? Do you know where to start and what plan to follow?With so much going on in our lives, it can be easy to lose track of where our money goes and it can be...
Read MoreCatch-Up Contributions
A recent survey found that 28% of workers are very confident about having enough money to live comfortably through their retirement years. At the same time, 27% are not confident.In 2001 congress passed a law that can help older...
Read MoreLeveraging Whole Life to Pass on Wealth
When it comes to your financial legacy, it's not how much you leave behind, but how much your loved ones receive.Like it or not, you have to pay tax on your right to transfer property when you die. If the value of your estate is below...
Read MoreTax Efficiency in Retirement
Will you pay higher taxes in retirement? It’s possible. But that will largely depend on how you generate income. Will it be from working? Will it be from retirement plans? And if it does come from retirement plans,...
Read MoreDoes Your Child Need to File an Income Tax Return?
As parents, we encourage our children to work, so they can learn important values about work and independence. At what point, if at all, do children need to file an income tax return for the money they earn?The IRS does not exempt...
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4 Interruptions to All Partnerships
Every business partnership is unique - yet they all have one thing in common...they all end and not always in the :best of times or convenient of ways. We invite you to attend our upcoming webinar where we'll discuss the four most...
Read MoreWhat Do Your Taxes Pay For?
Taxes are one of the biggest budget items for most taxpayers, yet many have no idea what they’re getting for their money.The average household spends more on taxes than on groceries, clothing, or healthcare. In fact, 11% of our...
Read MoreTax Diversification For Retirement
Taxes are front and center on the minds of most successful professionals, executives, and business owners. While many are familiar with how to diversify their investment portfolio, they may not be aware that by diversifying their tax...
Read MoreConquering Retirement Challenges for Women
When it comes to retirement, women may face unique obstacles that can make saving for retirement more challenging. Given that women typically live longer than men, retirement money for women may need to stretch even further.Despite...
Read MoreIRA Withdrawals that Escape the 10% Tax Penalty
The reason withdrawals from a Traditional Individual Retirement Account (IRA) prior to age 59½ are generally subject to a 10% tax penalty is that policymakers wanted to create a disincentive to use these savings for anything other...
Read MoreDisability and your finances
Rather than depending on a government program to protect their income in the event of a disability, many individuals prefer to protect themselves with personal disability insurance.Read full article here:https://www.kern-advisors...
Read MoreSocial security and timing
A FRUITFUL RETIREMENT: SOCIAL SECURITY BENEFITTaking your Social Security benefits at the right time may help maximize your benefit.Watch this short video: https://www.fmgwebsites...
Read More4 tips to overcoming zoom fatigue
The popularity of “Zooming” was borne of necessity. How else could we stay connected with colleagues, clients and loved ones when the whole world was in quarantine?Since then, videoconferencing has become a part of our...
Read MoreHow to avoid individual retirement account deduction mistakes
As the year winds down, those looking to trim their tax bill may consider an individual retirement account contribution. Before transferring the funds, however, there are rules and limits investors need to know, financial...
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