IRA owners are seeking alternative ways to incorporate tax effective giving strategies into their estate plans. One way to maximize a gift to a beneficiary, while also benefiting a charity of choice, is by using a Charitable Remainder Trust (CRT).
Electing to roll over your 401(k) while keeping your company shares intact is allowed under the IRS’ net unrealized appreciation (NUA) rules.
Recent changes in tax laws have resulted in important provisions that have created unique and unprecedented opportunities for charitable minded investors.
Today we are highlighting four timely topics related to 529 plans and the economic environment: time horizon, left-over 529 funds, tax considerations for college refunds and qualified apprenticeship training programs
Before anyone makes sudden shifts in their asset allocation strategies based on recent market actions, we believe it is important to keep the following points in mind...
President Trump signed The Setting Every Community Up For Retirement Enhancement Act of 2019 (The SECURE Act) into law on December 20th, 2019. The thirty-one sections of legislation came at long last through bipartisan efforts throughout 2019, and they include some key changes to decisions, rules, and elections relating to how pre-tax accounts play into retirement income and other financial planning.
Cash balance pension plans have seen a rebound in popularity as small businesses and professional groups seek a balance between sometimes competing desires to attract new employees, supplement benefits for senior executives and owners, and minimize tax and benefit expenses. Most often used as a complement to defined contribution arrangements such as 401k and profit sharing plans, properly designed cash balance plans provide a greater degree of flexibility and potentially much greater tax benefits. From both a short- and long-term standpoint, it may be an option worth exploring.
Under current tax laws, ‘Superfunding’ a 529 college saving account allows you to make five years of contribution ( 5 X $15,000 = $75,000) at one time while still qualifying for the annual gift tax exclusion.
Timing the market like a 50/50 coin toss is risky and a gamble we urge our clients to avoid. Here's why...
If you have a large amount of money sitting in a checking or other low-interest account, you may be surprised to find out just how much more income you could realize by exploring other options.
The volatility we experienced in December challenged investors to understand their personal truth around risk and investment principles. As a wealth manager over multiple market cycles, I have found the following investor traits bring greater clarity to financial and investment decisions.
Olson Wealth Group provides a candid look at the 2018 Market.
The proliferation of low-cost exchange-traded funds (ETFs) has created an upheaval in the investment marketplace. We look below the surface that lead serious investors to whisper concerns about an over correction. Will you be ready?
When learning how to invest, it is important to learn from the best, but it also pays to learn from the worst.