As we continually strive to support our commitment to growth and pursuit to meet our clients’ unique objectives with comprehensive planning, Olson Wealth Group is proud to announce that Sharon Olson, CFP has achieved Certified Exit Planning Advisor (CEPA) designation through the Exit Planning Institute of Columbus, OH. This distinguished accolade will provide sophisticated guidance and further advance
By Tom Knutson, CFP® There are a few common pitfalls that individuals miss when reviewing their financial plan. In this article, my goal is to outline what these pitfalls are and how to plan for them throughout the year. Common Pitfall #1: Not Reviewing Tax Returns Many individuals believe that since they have hired a
March 4th marks the unofficial holiday of “March Forth and Do Something Day”. It is a day dedicated to doing what you’ve always wanted to do, to take risks in pursuing your dreams, to create a plan to achieve those goals, and to celebrate aspirations that have already been accomplished. Many use the day to
As your trusted financial advisor, it is important to keep you informed to ensure you have accurate information and updates about the process for reporting your investment income and preparing your tax documents. In an effort to save you and your CPA some frustration, we advise that you NOT file your taxes until at least
Transitions in a career, sale of a business, retirement, buying or selling a home, children or grandchildren, or other life change can cause stress. This discussion with Ruth Tongen, Senior VP of think2perform, highlights how clients can go through transition in a healthful way.
Aligned with our commitment to growth and a relentless quest to meet each client’s life vision with comprehensive planning, we are pleased to announce our new team member, Scott Shinnick. He will be serving as our new Director of Advisory Portfolio and Investment Research. Olson Wealth Group, a multi-family office dedicated to financial stewardship and
As we begin 2022, we offer the updated IRS 2022 dollar limits and thresholds for retirement plans, which reflect the latest cost-of-living adjustments. These numbers will affect retirees and retirement savers, with updates to tax rates, deductions, contributions, and an increase in Social Security benefits. Please see the table below, which compares the 2021 and
LPL Research Outlook 2022: Passing the Baton is designed to help you navigate the year ahead. Fiscal and monetary policies played big roles in the economic recovery in 2021, but we see 2022 playing out as a handoff—from stimulus bridging a pandemic recovery to an economy growing firmly on its own, with consumers, productivity, small businesses, and capital
We are proud to announce that Nicole was recently named as a Top Women in Finance for 2021 by Finance & Commerce Magazine. This Minnesota- based magazine recognizes women who are making an impact not only in their professions but also in their communities. You can read more here.
It’s often said that it’s not what you make but what you keep that matters. With income, capital gains, and estate taxes all subject to potential increases in the coming years, coupled with current low-interest rates, it’s particularly important that we manage our clients’ after-tax returns as we evaluate portfolios leading into year-end. We believe