Abnormal Returns

JANUARY 23, 2023

Podcasts Christine Benz and Jeff Ptak talk taxes with Jeffrey Levine, chief planning officer for Buckingham Strategic Wealth. thereformedbroker.com) FutureProof 2022 was a resounding success. kitces.com) CFP candidates are becoming more diverse. Sign up for the next go-round.

Wealth Management 130

Wealth Management Financial Advising CFP Communication 130

Your Richest Life

JUNE 30, 2023

If you were surprised at tax time this year, then you’re not alone. 2022 tax refunds were about 10 percent smaller than they were last year, and for those who owed money, they tended to owe more than they expected. Taking the time now to make some strategic moves can lead to some significant savings on your taxes for the year.

Taxes 78

Taxes Retirement Accounting Financial Planner 78

eMoney Advisor

JANUARY 12, 2023

Best for: All financial professionals, though most of the pro bono counseling opportunities are for CFP® professionals. E&O insurance: Yes, for CFP® pros in good standing who have completed training. Best for: Professionals with CFP®, CPA, ChFC®, CLU®, EA, CSLP®, or CDFA® credentials who want to help women.

Financial Planning 107

Financial Planning Planning Financial Planner CFP 107

Your Richest Life

APRIL 5, 2022

If you’ve already filed your taxes and received your refund, you might already be thinking of ways to use that refund. Here are some tips for putting that money to the best possible use in 2022: Avoid impulse tax refund spending. If you received a tax refund, then you might already be imagining different ways to spend it.

Taxes 52

Taxes Accounting Budgeting Fee Only 52

Darrow Wealth Management

DECEMBER 5, 2022

Donating appreciated stock to charity can be a great way to give back and reduce your tax bill. Taxpayers who itemize get a tax deduction for the market value of the stock. If you want to make a gift for the 2022 tax year – act now. These two steps don’t need to happen in the same tax year.

Taxes 105

Taxes CFP Wealth Management Valuation 105

MainStreet Financial Planning

JANUARY 18, 2023

In 2022, the average American paid between about $100,000 – $200,000 for a four-year college education. This type of account allows your savings to grow tax-free and when you use the money to pay for college costs, withdrawals are tax-free too. Some states offer a tax deduction for contributions.

Education 52

Education CFP Retirement Planning 52

eMoney Advisor

MAY 1, 2023

John Eing, MBA, CPA, CFP® “Understanding cultural values can make you a better financial planner. James Lee, CFP® “Financial planning services are wanted and needed, and I feel that my service to FPA is my way of scaling financial planning to more people throughout society.” Here are eight of their stories to enjoy.

Financial Planning 101

Financial Planning Planning Financial Planner CFP 101

Your Richest Life

SEPTEMBER 12, 2022

2022 Fall and Winter Travel Prep. 2022 Holiday Spending and Inflation. Bonus: Gifts to charity are tax deductible.) . At Your Richest Life, Katie Brewer, CFP®, believes you too should have access to financial resources and fee-only financial planning. But this year, things are a little different. A looming recession?

Budgeting 59

Budgeting Fee Only Financial Planning Planning 59

Walkner Condon Financial Advisors

SEPTEMBER 2, 2022

And while ABLE accounts can be a bit more complex for Wisconsin residents, they offer significant tax benefits for individuals with disabilities and their families. The money in the account grows tax-deferred and income from the account is tax-free when used for qualified expenses. candidate for cfp® certification.

Accounting 98

Accounting Certification Financial Advisor CFP 98

Your Richest Life

JANUARY 27, 2025

Transaction fees, management fees, and capital gains taxes can eat into your returns. For example, research from S&P Global found that over the 20-year period ending in 2022, only about 4.1% The markets are fickle, and prone to quick swings based on even seemingly minor events. of professionally managed portfolios in the U.S.

Investing 52

Investing Investments Risk Tolerance Portfolio 52

Darrow Wealth Management

NOVEMBER 20, 2023

Considering Roth conversions in retirement When you convert pre-tax money from an IRA to an after-tax Roth IRA, the amount converted is included in your taxable income. But in retirement, without a paycheck, it can be a great opportunity to control your tax situation for the year and fill up the lower tax brackets.

Retirement 105

Retirement Distribution Taxes Accounting 105

Your Richest Life

SEPTEMBER 2, 2022

2020 or 2021 income applies, but 2022 income does not. Your loans must have been disbursed as of June 30, 2022. Do I have to pay taxes on the canceled debt? You do not have to pay federal taxes on the canceled debt. You do not have to pay federal taxes on the canceled debt.

Planning 102

Planning Fee Only Taxes CFP 102

Darrow Wealth Management

OCTOBER 24, 2022

For example, what’s the best time of year to take required minimum distributions, how to reinvest it, or if you can avoid paying tax on RMDs. All else equal, (though it rarely is), it’s often best to stay invested as long as possible to prolong tax-deferred growth. How to take RMDs and avoid any taxes (legally of course).

Distribution 81

Distribution Retirement Taxes Accounting 81

eMoney Advisor

JUNE 8, 2023

I have been sharing my pronouns professionally for some time now on social media, during video meetings, and in discussions,” Laura LaTourette, CFP®, said in an editorial for Financial Planning magazine. For advisor and LGBTQ+ ally Woody Derricks, CFP®, ADPA®, this is a commonsense approach. “It’s

CFP 85

CFP Financial Planning Clients Financial Planner 85

MainStreet Financial Planning

JUNE 27, 2022

Acts, what that means to you and your Tax Planning in Retirement. Hosted by: Cynthia Flannigan , CFP®. CPA/PFS, CFP, EA, USTCP, AEP. also known as Securing a Strong Retirement Act of 2022 (HR2954), builds on the SECURE Act and its significant changes to retirement. The latest on the RISE & SHINE/SECURE 2.0

Tax Planning 52

Tax Planning Certified Financial Planner Retirement Taxes 52

Your Richest Life

FEBRUARY 27, 2024

Tax time is here again, and if you’re not one of the 25 million Americans who have already filed , then you’re probably going through the process of gathering what you need and preparing to file. The Child Tax Credit and Potential Changes The 2023 child tax credit is capped at a refundable amount of $1,600 – for now.

Taxes 52

Taxes Fee Only CFP Financial Planning 52

eMoney Advisor

JANUARY 20, 2023

Act, signed into law December 29, 2022, is designed to help strengthen the retirement system and Americans’ preparedness for retirement. We’ll be taking an in-depth look at recent tax law updates for 2023, focusing on SECURE 2.0 Register now for the 2023 Tax Legislation Insights, Secure 2.0 The SECURE 2.0

Financial Advisor 89

Financial Advisor Retirement CFP Financial Planning 89

Darrow Wealth Management

DECEMBER 23, 2022

Congress is once again poised to make sweeping changes to the retirement and tax rules in the last two weeks of the year. There are many components of the 2022 Act that will impact employers that aren’t outlined below. IRAs: the $1,000 catch-up limit will be indexed by inflation for tax years starting in 2024.

Retirement 105

Retirement Retirement Planning Distribution Planning 105

Darrow Wealth Management

NOVEMBER 14, 2022

1 year total return 11/2021 – 10/2022. These charts also highlight the downside of tax loss harvesting. Harvesting losses only for tax purposes can have broader implications due to the wash sale rules. Article written by Darrow Advisor Kristin McKenna, CFP® and originally appeared on Forbes. Silver lining!

Marketing 105

Marketing Marketing Accounting Portfolio 105

eMoney Advisor

APRIL 6, 2023

In a 2022 advisor technology study, 56 percent said they chose each tool on an individual basis, with an average of five tech vendors per practice. In a 2022 advisor technology study, 56 percent said they chose each tool on an individual basis, with an average of five tech vendors per practice. Sources: 1. The Cerulli Report.

CFP 76

CFP Financial Planning Clients Planning 76

Your Richest Life

OCTOBER 15, 2022

Health insurance is often the focus of open enrollment, but don’t forget about the other important benefits offered, like: Health Savings Account (HSA) – HSAs are savings accounts funded with pre-tax contributions. They also have tax-free earnings and tax-free withdrawals for qualified medical expenses.

Insurance 52

Insurance Medical Accounting Taxes 52

Investing Caffeine

JANUARY 2, 2024

Although 2023 closed with a festive explosion, 2022 ended with a bearish growl. Effectively, 2023 was a reverse mirror image of 2022. In 2022, the stock market fell -19% (S&P) due to a spike in inflation. For the year just ended, much of the year felt like a party, but 2022 felt more like a funeral.

Economy 98

Economy CFP Accounting Investments 98

Darrow Wealth Management

OCTOBER 10, 2022

As of 9/30/2022, the 1-year Treasury was yielding 4.05% versus 4.22% on the 2-year Treasury. As an added bonus, Treasuries are exempt from state tax. Core inflation was 6.32% year-over-year as of September 30th, 2022. Article written by Darrow Advisor Kristin McKenna, CFP® and originally appeared on Forbes. Treasuries.

Accounting 103

Accounting Banking Certification Government 103

Walkner Condon Financial Advisors

FEBRUARY 21, 2023

This is an increase from the $20,500 you could contribute in 2022. This is an increase from the $6,500 catch-up contribution for 2022. This is an increase from the 2022 limit of $61,000 ($67,500 including catch-up contributions). You also may be able to make after-tax contributions into your 401k as well to get up to the limit.

CFP 59

CFP Financial Advisor Fee Only Certification 59

Zoe Financial

FEBRUARY 16, 2023

To implement these strategies successfully, we must first understand the difference between claiming the standard tax deduction and itemizing deductions. In this blog post, we will explore three charitable giving strategies intended for a tax deduction, minimizing record keeping, and increasing donations to charity.

Taxes 40

Taxes Distribution CFP Accounting 40

Investing Caffeine

DECEMBER 1, 2022

It’s hard to believe for many, but after a strong performance in October and November, stock market losses during 2022 have registered in at a mere -4.8%, as measured by the Dow Jones Industrial Average. The latest growth forecast for the fourth quarter of 2022 is expected to accelerate to +4.3%, which was also revised higher , recently.

Economy 111

Economy Government Economics CFP 111

Indigo Marketing Agency

JANUARY 17, 2022

Here are 36 financial advisor influencers who will likely have a big impact on the industry in 2022. Steve Sanduski Steve Sanduski is a CFP® professional and personal coach to financial professionals. Jim Blankenship Jim Blankenship is a CFP® professional who specializes in Social Security, income tax, and personal finance.

Financial Advisor 52

Financial Advisor CFP Financial Services Education 52

Zoe Financial

APRIL 17, 2023

Implementing these strategies can help reduce tax bills, save more, and achieve financial goals sooner. The deadline for tax filing is around the corner. Besides meeting all the requirements for this date, have you considered the impact of implementing long-term tax strategies on your wealth?

Taxes 40

Taxes Retirement Accounting Tax Planning 40

Carson Wealth

DECEMBER 1, 2022

CFP ® , Director of Consumer Investment Research. LLM, CFP ® , ChFC ® , CLU ® , RICP ® ,? An individual who learns to manage $4,000 a month after taxes will be equipped to manage $14,000 or even $40,000 a month as their earnings increase over time. Craig Lemoine, Ph.D., and Jamie Hopkins,?Esq., Careers, work and responsibility.

Retirement Planning 72

Retirement Planning Risk Tolerance Retirement Budgeting 72

Carson Wealth

SEPTEMBER 8, 2022

Ryan Yamada, CFP ® , Senior Wealth Planner. But wait … it’s 2022. This blog is for general information only and is not intended to provide specific legal, tax, or other professional advice. For a comprehensive review of your personal situation, always consult with a tax or legal advisor. In most years. The market is down.

Financial Advisor 98

Financial Advisor Portfolio Planning CFP 98

Investing Caffeine

DECEMBER 1, 2023

Source: Ed Yardeni (Yardeni Takes) Santa did not show up for a rally last December in 2022. for the Christmas month last year and finished 2022 down -19%. Slome, CFA, CFP® Plan. The S&P 500 index fell -5.9% www.Sidoxia.com Wade W. Subscribe Here to view all monthly articles.

Economy 91

Economy CFP Economics Investments 91

eMoney Advisor

FEBRUARY 1, 2023

At the 2022 Financial Planning Association National Conference, I and fellow researchers Dr. Sonya Lutter and Dr. Megan McCoy presented research-based evidence that people who have experienced financial stress and hardship in the past are often more resilient in the face of future financial shocks. link] 3 Lazarus, Richard S.,

Financial Planner 93

Financial Planner Clients Financial Advisor Financial Planning 93

Investing Caffeine

JUNE 1, 2023

Maybe ChatGPT will do my taxes next year? 2023 Stock Performance Explained – Index Up but Most Stocks Down Although 2022 was a rough year for the stock market (i.e., S&P 500 down -19%), stock prices have rebounded by +20% from the October 2022 lows, and +9% this year. Slome, CFA, CFP® Plan. Microsoft Corp.,

Engineering 105

Engineering Accounting Healthcare CFP 105

Carson Wealth

AUGUST 31, 2022

Scott Budd, CFP ®. Because the coverage is free for people who paid taxes during their working careers. The average monthly premium in 2022 is $170.10. July 29, 2022, [link]. Senior Wealth Planner . Choosing the right Medicare plan is one of the most important decisions seniors are faced with.

Planning 98

Planning Medical Insurance CFP 98

Darrow Wealth Management

MAY 22, 2023

In fact, the Federal Reserve has raised the upper limit federal funds rate by 5% since the beginning of 2022. Since the beginning of 2022, cash has outperformed the S&P 500 by about 14% on a cumulative total return basis. Article written by Darrow Wealth Management President Kristin McKenna, CFP® and originally appeared on Forbes.

Investing 105

Investing Investments Accounting Wealth Management 105

eMoney Advisor

FEBRUARY 16, 2023

The CFP Board advocates for a seven-step, cyclical financial planning process which means you’ll continue to revisit the plan to ensure it stays focused and up to date on the changes a client experiences throughout their lifetime. It is not meant to be, and should not be taken as financial, legal, tax or other professional advice.

Financial Planning 75

Financial Planning Clients Planning Estate Planning 75

Darrow Wealth Management

JANUARY 9, 2023

was signed into law December 29th, 2022, bringing more major changes to tax law. Amount rolled over is tax-free (not included in beneficiary’s income) and penalty-free. Currently, pre-tax or Roth contributions are allowed. Before the passing of the Act, employer funding could only be pre-tax. The Secure Act 2.0

Accounting 59

Accounting Taxes Tax Planning Distribution 59