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 Financial Advisor 130

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

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

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 CFP 59

Nerd's Eye View

SEPTEMBER 19, 2022

2022 marks the 50 th anniversary of the enrollment of students into the first Certified Financial Planner (CFP) course, and in the years since then, financial planning (and the process of creating a financial plan) has changed extensively.

Financial Planner 175

Financial Planner Certified Financial Planner Financial Planning CFP 175

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 83

Taxes Wealth Management CFP Valuation 83

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

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

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

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

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 81

Retirement Distribution Taxes Accounting 81

Darrow Wealth Management

AUGUST 8, 2022

In early 2022, the IRS proposed new changes, and if enacted, some inherited IRA beneficiaries will need to take RMDs again and could face big penalties. It’s probable that the IRS would waive penalties as the announcement only came in February 2022 and still isn’t law. What the IRS proposal wouldn’t change.

Distribution 78

Distribution Taxes Retirement Accounting 78

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 Economics Accounting 98

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 Financial Advisor Certification CFP 98

eMoney Advisor

NOVEMBER 10, 2022

Londell McMillan said in a 2022 hearing. With proactive legal and financial advice, the conflict over his name and likeness, large tax bill, and lengthy settlement process wouldn’t have been a foregone conclusion. Experts say an eight-figure estate tax bill is the likely result. It turns out, plenty.

Estate Planning 78

Estate Planning Clients Planning Financial Planner 78

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

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

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 63

Distribution Taxes Retirement Accounting 63

Walkner Condon Financial Advisors

JUNE 2, 2023

Unfortunately, we’re not quite there yet as a society, since as of 2022, the Bureau of Labor Statistics reports only a third of financial advisors are women. In 2022, nearly 42% of the externships participants were women. Once women achieve their CFP® certification, the rate of relinquishment is extremely low.

Financial Planning 98

Financial Planning Planning CFP Financial Advisor 98

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

Zoe Financial

DECEMBER 23, 2022

Published December 21st, 2022. Written by: Lea Ann Knight, CFP® Zoe Network Advisor. Published December 21st, 2022. Written by: Lea Ann Knight, CFP® Zoe Certified Advisor. As 2022 draws to a close, do you ever wonder what the wealthy do in times like these? Recognize the losses for your tax return.

Insurance Coverage 52

Insurance Coverage Taxes Insurance Financial Advisor 52

Your Richest Life

AUGUST 31, 2023

Here are some resources to help you assess your budget: Busting Top Budget Myths Budget Like a Pro in Six Steps – Part 1 Budget Like a Pro in Six Steps – Part 2 Prepare for holiday spending The average American family expected to spend $932 on holiday shopping in 2022, a number that has been steadily increasing over time.

Budgeting 52

Budgeting Financial Planner Taxes CFP 52

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

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 Investing 91

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 86

Retirement Retirement Planning Distribution Taxes 86

Your Richest Life

JUNE 12, 2023

Those accounts aren’t subject to federal or state income taxes, and the earnings can be withdrawn tax-free as long as they are used for qualifying education expenses. Act became law in December 2022, it changed the 529 rules to allow beneficiaries to roll over up to $35,000 into a Roth IRA. After the SECURE 2.0

Education 59

Education Financial Planner Accounting Planning 59

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

eMoney Advisor

DECEMBER 6, 2022

The CFP® Board includes risk management and insurance in its financial planning principal knowledge topics for a good reason. Attendees will be eligible to earn 1 CFP® CE credit. eMoney Leading with Planning Research, May 2022, Advisors n=360. If the next natural disaster comes for your clients, will they be ready? Sources: 1.

Financial Planning 97

Financial Planning Clients Planning Estate Planning 97

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.,

Clients 93

Clients Financial Planner Financial Advisor Financial Planning 93

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 Economics Government CFP 111

Zoe Financial

MARCH 22, 2023

Not all income is created equal – and different income sources also carry other consequences , especially regarding taxes. For example, the money you will withdraw from a Roth IRA would be tax-free, and some retirees jump in early to use their Roth IRA accounts. Was Blake Lively Financially Cheated On? However, this is a mistake.

Retirement 52

Retirement CFP Taxes Accounting 52

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 CFP Planning 98

Investing Caffeine

JANUARY 3, 2023

Stock and bond market returns in 2022 were disappointing, but we now get to start 2023 with a clean slate. 2022: -19.4%. 2022: The Year of No Shock Absorbers ( Worst Bond Market Ever ). Unfortunately, this scenario didn’t happen in 2022, but rather investors experienced a double negative whammy. during December.

Economy 59

Economy Transportation CFP Investing 59

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

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 75

Accounting Banking Certification Government 75

Indigo Marketing Agency

JANUARY 24, 2024

Steve Sanduski Reason to Follow: Valuable advice and coaching for financial professionals, especially through his podcast Steve Sanduski is a CFP® professional and personal coach to financial professionals. She is a CFP® professional, leading speaker, host, and brand ambassador who has become a go-to resource in the industry.

Financial Advisor 52

Financial Advisor CFP Financial Services Education 52

Investing Caffeine

JUNE 1, 2022

UNEMPLOYMENT RATE (1997 – 2022). The good news is the deficit is plummeting ( see chart below ) due to a reduction in spending (due in part to no Build Back Better infrastructure spending legislation) and soaring income tax receipts from a strengthening economy and capital gains in the stock market. Slome, CFA, CFP®.

Economy 59

Economy Government Economics CFP 59