Advisor Perspectives

OCTOBER 1, 2023

When those changes involve tax law, it is extremely important for clients to meet with their financial professional, tax advisor, and legal advisor to discuss any adjustments that may need to be made to their financial, retirement, or estate plan.

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Advisor Perspectives

SEPTEMBER 27, 2023

When those changes involve tax law, it is extremely important for clients to meet with their financial professional, tax advisor, and legal advisor to discuss any adjustments that may need to be made to their financial, retirement, or estate plan.

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Darrow Wealth Management

JULY 1, 2024

The 2017 Tax Cuts and Jobs Act (TCJA) brought sweeping changes to the tax code, impacting every taxpayer and business owner. At that point, many provisions will revert to 2017 levels, adjusted for inflation. For example, in 2017, the marginal tax brackets were 10%, 15%, 25%, 28%, 33%, 25%, and 39.6%.

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Yardley Wealth Management

MARCH 1, 2022

Allocate a significant portion of any new wealth to tax-sheltered retirement accounts. Ideally, your succession plan has been in place for years prior, to position your business for a tax-efficient transfer. You retire. You decide to work part-time in retirement. You receive a financial windfall, such as an inheritance.

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Yardley Wealth Management

MARCH 1, 2022

Allocate a significant portion of any new wealth to tax-sheltered retirement accounts. Ideally, your succession plan has been in place for years prior, to position your business for a tax-efficient transfer. You retire. . You decide to work part-time in retirement. Ditto for those executive compensation benefits.)

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MainStreet Financial Planning

SEPTEMBER 29, 2022

I decided to look up an article from 2017 written by our founder, Jim Ludwick, for his sage advice. Recently, I’ve been helping two relatives since I’m the family member closest to them with both financial skills and healthcare experience (retired hospital administrator married to a retired nurse).

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Harness Wealth

MARCH 11, 2024

Retirement contributions Individuals can take advantage of various tax-related retirement planning strategies to reduce their taxable income today and post-retirement. By working with a tax professional, you can apply tax strategies to reduce your taxable income or defer paying taxes.

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Brown Advisory

APRIL 1, 2020

These planning opportunities are driven primarily by four factors: Materially lower market values for publicly traded securities, and a likely downturn in valuations of real estate and other illiquid assets. Deferral of required retirement plan distributions. tax code that are not permanent.

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Brown Advisory

APRIL 1, 2020

These planning opportunities are driven primarily by four factors: Materially lower market values for publicly traded securities, and a likely downturn in valuations of real estate and other illiquid assets. Deferral of required retirement plan distributions. tax code that are not permanent.

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Brown Advisory

NOVEMBER 12, 2015

For example, the filing dates for reporting foreign gifts and foreign accounts will move from March 15 and June 30, respectively, to April 15 for tax years 2016 and beyond (to be clear, these deadlines won’t change this year, the changes take effect in 2017 for 2016 returns). Accelerate or postpone deductions to maximize tax advantages.

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Sara Grillo

JUNE 20, 2022

So Nathan pay is a retirement plan consultant, and he’s here today to talk about the experience of being an Edward Jones financial advisor. Okay, everybody. A, welcome to the show. NATE PENHA: Hey, Sarah, thanks for having me.

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Harness Wealth

JULY 29, 2024

covers some of the top estate planning trends that tax advisors should be tracking during the second half of 2024. Now that the mid-point of 2024 has passed, we are faced with an environment where little has changed with respect to the wait-and-see posture of estate and wealth transfer planning. citizens and residents.

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Fortune Financial

FEBRUARY 4, 2024

With our deep expertise and qualifications in NUA strategies, our experts are adept at navigating the complexities of tax-efficient retirement planning. Explore the Fortune Financial advantage in transforming how you manage your retirement assets and bringing you closer to achieving your financial dreams.

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Harness Wealth

DECEMBER 8, 2022

Max out your retirement contributions. Ensure that you are utilizing the tax-advantaged retirement accounts such as IRA and your company’s 401(k) to stack funds away for retirement and either pay tax now and let the fund grow tax-free or reduce your current year taxable income and pay tax later. Estate planning.

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Nationwide Financial

MARCH 6, 2023

For example, they could make most of their charitable contributions and medical expenditures in a year they plan to itemize. Optimize retirement plan contributions The maximum allowable 401(k) contribution for 2023 is $22,500, with a $7,500 additional contribution, if the plan allows, for taxpayers who are 50 and over.

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eMoney Advisor

NOVEMBER 15, 2022

4 Saving for retirement and other milestones definitely takes willpower, but it turns out that feelings of thankfulness can help us persevere. We’ll role-play an estate planning scenario to offer insight into how to apply counseling techniques in your practice. ” Greater Good Magazine , June, 2017.

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Sara Grillo

APRIL 10, 2023

Along his journey he has been quoted in the following publications: The Wall Street Journal, Investor’s Business Daily, Kiplinger’s Retirement Report, TheStreet.com, Cheddar.TV, Crain’s Detroit Business and MarketWatch.com; among others. At Firstmetric, Scott continues his mission of delivering low cost, unbiased advice to clients.

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Brown Advisory

SEPTEMBER 17, 2021

million (married filing separately), $5 million (single filers and married joint filers) or $100,000 (trusts and estates). Retirement Accounts. Several changes to the treatment of Large Retirement Accounts, defined as those with a value of $10 million or greater (aggregated where multiple accounts are owned by one individual).

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Brown Advisory

NOVEMBER 19, 2020

This may include outlining important values, philanthropic goals, next-generation education, wealth transfer planning, and sustainable and impact investing objectives. Revisit estate planning and charitable structures.

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Harness Wealth

MARCH 13, 2023

However, the $1 million limit still applies to mortgages taken out before December 15, 2017. Contributions to these plans are tax-deductible and can reduce taxable income. This limit was previously set at $1 million. The current self-employment federal tax rate is 15.3% on the first $142,800 of net income and 2.9%

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Brown Advisory

NOVEMBER 19, 2016

While there will not be any firm proposals until 2017 at the earliest, we will be looking for and analyzing changes that may have an impact on our clients. Despite the political winds of the campaign, 2016 is shaping up to be a stable planning year, giving us room to focus on reviewing long-term goals vs. acting on policy deadlines.

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