End-of-the-Year Money Moves in 2022
Here are some things you might consider before saying goodbye to 2022.
The blog section provides a real look into how to solve your military financial questions and demonstrates how our services can help you. Common topics include job changes, marriage, first child, retirement, PCS, TSP, BRS and other military financial topics. The military lifestyle is confusing enough, adding complex financial planning topics to the mix can become overwhelming. Finding an advisor who has your best interests in mind is difficult, so is trying to figure out how that advisor is being paid and whether or not they are earning that fee. I believe in fee transparency and always acting in the fiduciary interest of my clients. We work directly with you and your unique situations providing services tailored to your individual needs.
Here are some things you might consider before saying goodbye to 2022.
As the new year quickly approaches, make sure you’re prepared with your year-end giving strategy checklist.
This article will be about the unique considerations and tactics that military families should keep in mind when approaching retirement planning.
Is it time to update your health insurance coverage? Starting November 1, you'll have a limited window to do so. Here's what to consider about changing your coverage.
In the military when the military member dies during retirement the stream of retirement income that military member receives stops. This sudden stop of income can mean an extreme change of financial living circumstances. The Survivor Benefit Plan (SBP) is an insurance plan that will pay a surviving spouse and possibly dependents a monthly payment. This payment is known as an “Annuity” and results in monthly payments to the spouse in most cases until their death.
Since the S&P 500 represents a large portion of the value of the U.S. equity market, it may be worth understanding.
Retirement strategy represents a big part of your overall financial plan. Factoring in longevity is a big part of that. The longeivity factor continues to grow as life times get longer and longer. Resulting in having to plan for a much longer retirement period than in the past.
The Blended Retirement system is the new military retirement system. It has added the Thrift Savings plan and modified the traditional military pension. It also includes continuation pay and lump sum retirement payment options.
While the concept of budgeting may sound overwhelming (and unachievable) at first, there is a simple solution to help ease your fears — it’s called the 50/20/30 budget rule.
Investing in rental property can prove to be a smart financial move. For starters, a rental property can provide a steady source of income while you build equity in the property as it (ideally) appreciates over time. There are also several tax benefits. You can often deduct your rental expenses from any rental income you earn, thereby lowering your overall tax liability. Real estate depreciation is an important tool for rental property owners. It allows you to deduct the costs from your taxes of buying and improving a property over its useful life, and thus lowers your taxable income in the process.
This article highlights the important details of student loan forgiveness and what your clients will need to do to make sure they qualify.
For high-income Medicare beneficiaries, Part B and Part D premiums will include an additional charge based on your modified adjusted gross income. This is called Income Related Monthly Adjusted Amount. How it is computed is key to understaning its effect on you.
For a military member, contributing to the Thrift Savings Plan (TSP) is one of the 3 legs of retirement planning as a part of the Blended Retirement system. This leg is a very valuable part of your retirement. The following tips will help you to manage your TSP ensuring you receive the most benefit possible.
This article details the top three provisions in the Inflation Reduction Act that the average American will benefit from the most.
When the weather warms up, it's important to remain up-to-date when it comes to your insurance coverage - especially if you own a pool.
Making the dream of early retirement a reality requires a particular strategy. What to think about when strategizing for early retirement.
One of the most complex and important financial decisions you can make is when to claim Social Security. Here are some key points and considerations to think about when you should claim Social Security.
This article explains the ins and outs of glamping: what it is, your options, and how you can use glamping as a fun and modern way to enjoy the great outdoors.
How has your retirement strategy changed over time? This article explains several types of retirement strategies, and explains several of the factors to consider as you plan for your golden years.
Helping your clients with the year-round effort to maintain your tax strategy.