Darrow Wealth Management

SEPTEMBER 19, 2024

Updated for 2024. Unlike most types of retirement plans, the SEP IRA is funded by the employer. Here’s more on what a SEP IRA is, tax benefits, contribution limits, and important deadlines. The SEP IRA is a straightforward and cost-effective way for small business owners to save for retirement.

Retirement Planning 98

Retirement Planning Retirement Taxes Planning 98

Abnormal Returns

NOVEMBER 6, 2023

(citywire.com) Creative Planning is expanding its reach in the retirement plan space. papers.ssrn.com) Taxes A 2023 year-end tax planning guide. thinkadvisor.com) The 10 best financial advisor conferences to attend in 2024. citywire.com) Choreo is buying the wealth management business of BDO USA.

Wealth Management 261

Wealth Management Retirement Planning Tax Planning Financial Planning 261

Nerd's Eye View

OCTOBER 7, 2024

Welcome to the October 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Clients 246

Clients B2B Estate Planning Planning 246

MainStreet Financial Planning

MARCH 14, 2024

As April 15th approaches, taxpayers across the country are gearing up to fulfill their annual obligation – filing taxes. Whether you’ve already submitted your returns or are yet to tackle the paperwork, now is the perfect time for a tax check-up. Other Resources Should I do my own taxes?

Taxes 97

Taxes Retirement Planning Healthcare Retirement 97

Harness Wealth

APRIL 16, 2025

Let us face ittech startups encounter a unique set of tax challenges that can make or break their financial future. The complex interplay between traditional tax regulations and the innovative nature of tech businesses demands smart planning from day one.

Startup 52

Startup Taxes Tax Planning Transportation 52

Darrow Wealth Management

NOVEMBER 2, 2023

The IRS has released the 2024 contribution limits for retirement plans and other cost-of-living adjustments.

Retirement Planning 111

Retirement Planning Wealth Management Taxes Retirement 111

Talon Wealth

NOVEMBER 12, 2024

Even though retirees have contributed throughout their careers, a portion of those benefits could still be taxed, depending on your total income. Here’s how it breaks down for 2023-2024: If a couple’s total retirement income is between $32,000 and $44,000, up to 50% of Social Security benefits could be taxable.

Taxes 52

Taxes Planning Retirement Planning Tax Planning 52

Harness Wealth

JANUARY 29, 2025

April 15 marks the IRS tax return filing deadline for 2025. Although this is the traditional tax filing deadline, given the spate of recent natural disasters (such as the California wildfires and Hurricane Milton), the IRS is granting certain filing and payment extensions beyond this date.

Taxes 52

Taxes Medical Distribution Tax Planning 52

Nerd's Eye View

DECEMBER 25, 2023

And as 2023 draws to a close, we wanted to highlight 25 of the most popular and insightful articles that were featured throughout the year (that you might have missed!). Read More.

Financial Advisor 246

Financial Advisor Financial Planner Insurance Clients 246

Harness Wealth

APRIL 30, 2025

This article will explore how to navigate complex tax situations arising from multiple income sources, examining various income types, reporting requirements, self-employment obligations, and strategic approaches to record-keeping and tax planning that can help protect your financial interests. What is an RSU?

Taxes 52

Taxes Tax Planning Compliance Planning 52

Carson Wealth

DECEMBER 8, 2023

That must mean it’s time to roll up my sleeves and get to work on year-end financial planning – with an emphasis on 2023 income tax. One consideration this year is that we’re two years from the expiration of the Tax Cuts and Jobs Act of 2017 (TJCA). AGI impacts multiple other tax considerations.

Planning 143

Planning Retirement Planning Taxes Insurance 143

Nerd's Eye View

OCTOBER 2, 2024

To start, while the state of Social Security's trust fund reserves often receives significant media attention, in reality, the bulk of funding for paying out Social Security benefits comes from Federal Insurance Contributions Act (FICA) taxes, more commonly known as payroll taxes (with workers and their employers each paying 6.2%

Retirement 246

Retirement Clients Financial Planning Taxes 246

MainStreet Financial Planning

APRIL 4, 2024

To be eligible for financial aid (grants & student loans) for college your child will need to submit your tax return as part of their FAFSA application when applying to colleges in their senior year. So…if your child is a sophomore in high school right now…2024 is the tax year that will be used for financial aid eligibility.

Taxes 97

Taxes Retirement Planning Financial Planning Planning 97

Dear Mr. Market

DECEMBER 31, 2024

Optimize Tax Strategies Its not what you makeits what you keep. Meet with your tax advisor to discuss harvesting tax losses, Roth conversions, and charitable contributions that might save you money. Ready to Tackle 2024? Whether youre fine-tuning your budget or planning your retirement roadmap, dont go it alone.

Budgeting 105

Budgeting Financial Planning Estate Planning Planning 105

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. Here’s a summary of the major tax law changes coming in 2026 and some steps individuals and business owners can take to prepare. For some, this may lead to more taxes paid on capital gains.

Taxes 105

Taxes Tax Planning Planning Estate Planning 105

Yardley Wealth Management

DECEMBER 17, 2024

Retirement Planning: Looking Beyond the Basics For 2025, it’s essential to think beyond the standard “maximize your 401(k)” advice. While that remains important, consider diversifying your retirement strategy. This can significantly impact your retirement savings trajectory.

Financial Planning 52

Financial Planning Debt Management Retirement Planning Retirement 52

Harness Wealth

JANUARY 9, 2025

Backdoor strategies are retirement contribution methods that allow individuals to bypass income limits and contribute to tax-advantaged retirement accounts. The strategies typically involve making after-tax contributions to a traditional IRA or 401(k), then converting those funds into a Roth IRA or Roth 401(k).

Taxes 52

Taxes Planning Retirement Retirement Planning 52

Darrow Wealth Management

MARCH 3, 2025

Stocks vs bonds historical returns by calendar year (1997 – 2024) Top takeaways: Between 1997 and 2024, the S&P 500 returned 9.7% Taxes, fees, expenses, trading costs, etc. Returns shown are based on calendar year returns from 1950 to 2024. Between 2015 and Q3 2024, the correlation between stocks and bonds was.32

Risk Tolerance 78

Risk Tolerance Asset Allocation Assets Portfolio 78

Your Richest Life

APRIL 15, 2024

Do you have a plan in place for your retirement? For many people, the extent of their retirement planning includes signing up for the plan at work – which is often more of a starting point than a comprehensive retirement plan. Some 457 plans can allow for Roth contributions and in-plan rollovers.

Retirement Planning 52

Retirement Planning Retirement Planning Taxes 52

Darrow Wealth Management

FEBRUARY 9, 2025

So historically, every $1 million invested would yield annual dividend income of $19,800 on average… before tax. If you own 10,000 shares, you receive $40,000 in dividend income (before taxes) and have a portfolio currently worth $2M. If qualified, the IRS uses more favorable long-term capital gains tax rates.

Retirement 85

Retirement Asset Allocation Taxes Portfolio 85

Your Richest Life

JANUARY 20, 2023

Student Loan and Roth Account Matching Employers will be able to match employees’ student loan payments to a workplace retirement account beginning in 2024. Before this change, matches on employer plans were pre-tax. Now, you can make these contributions after taxes, which means the earnings can grow tax-free.

Retirement Planning 105

Retirement Planning Retirement Accounting Planning 105

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. retirement changes. In the new bill, the age when retirees must begin drawing from non-Roth tax-deferred retirement accounts would increase to 73 in 2023 and 75 in 2033. The Secure Act 2.0

Retirement 105

Retirement Retirement Planning Distribution Taxes 105

Darrow Wealth Management

SEPTEMBER 26, 2024

If you have time to dig into the details, here’s a primer on what you can do after maxing out a 401(k) including the tax advantages of each account type. If you have time to dig into the details, here’s a primer on what you can do after maxing out a 401(k) including the tax advantages of each account type.

Accounting 98

Accounting Retirement Distribution Taxes 98

Harness Wealth

MARCH 11, 2024

As a company founder, early startup employee, or small business owner, you may find yourself in a higher tax bracket as your business grows or you realize gains from equity compensation. But that doesn’t mean you simply have to accept a higher tax bill. Here are 20 tax-efficient actions to consider when filing your taxes in 2024.

Startup 59

Startup Taxes Medical Retirement 59

Darrow Wealth Management

APRIL 15, 2024

It goes by many different names: semi-retirement, partial or phased retirement, second career, and so on. But typically, it means the same thing: working in some capacity after retiring early. A partial retirement helps with the emotional transition There are two phases of retirement planning: time and money.

Retirement 105

Retirement Retirement Planning Insurance Medical 105

Indigo Marketing Agency

MAY 31, 2025

Ericsson reports that video makes up about 60% of all smartphone traffic ; and that number was expected to jump to 74% by the end of 2024. Whether youre sharing a quick tax tip or answering a common financial question, short-form video helps you meet your audience where they already arescrolling on social media, looking for helpful content.

Financial Advisor 52

Financial Advisor Marketing Marketing Clients 52

Indigo Marketing Agency

JULY 23, 2024

Solution Offering It offers a solution: “Achieving your goals requires seasoned, thoughtful investment advice and comprehensive tax and financial planning.” The imagery also suggests the luxury of boat ownership, a common retirement dream, painting an appealing picture without making specific claims about future returns.

Financial Advisor 98

Financial Advisor Certified Financial Planner Retirement Clients 98

MainStreet Financial Planning

OCTOBER 24, 2024

Whether you’re new to HSAs or looking to optimize your existing one, this guide will break down everything you need to know about these tax-advantaged accounts. The real beauty of HSAs lies in their triple tax advantage: Tax-deductible contributions: The money you contribute to your HSA is pre-tax, which lowers your taxable income.

Accounting 98

Accounting Medical Healthcare Taxes 98

Darrow Wealth Management

NOVEMBER 20, 2023

If you think retirement planning moves stop at retirement, think again. Although it won’t make sense in every situation, retirement can be a unique opportunity for Roth conversions for some investors. For high earners, converting an IRA to a Roth IRA while you’re still working could be the worst time of all.

Retirement 105

Retirement Distribution Taxes Accounting 105

Good Financial Cents

JANUARY 26, 2023

The stock market has returned an average of between 9% and 11% over the past 90 years and that’s the kind of growth that you’ll need to tap into if you want to retire at 50. Your retirement plan shouldn’t be. Get in touch with an Independent Financial Professional to see if you're on track to meet your retirement goals.

Retirement 122

Retirement Taxes Accounting Retirement Planning 122

Darrow Wealth Management

OCTOBER 28, 2024

A strategy for managing your investments is also key: understanding your risk capacity vs appetite, balancing a need for a current income stream and future growth, and ways to be more tax efficient in taxable accounts. Put the plan into action. This is the best way to stress-test a retirement plan.

Sales 105

Sales Taxes Estate Planning Retirement 105

Integrity Financial Planning

MAY 16, 2023

designated Roth 401(k) accounts in 2024 will not have to take RMDs in their lifetime. [4] The reason RMDs exist is that many retirement accounts are pretax vehicles, meaning the money that you have put into them has not been taxed yet. 7] Planning for RMDs is essential for retirement planning.

Accounting 88

Accounting Retirement Retirement Planning Taxes 88

Random Roger's Retirement Planning

MAY 28, 2025

Portfolio 1 was way ahead in 2022, way behind in 2023 and 2024 but it was up nicely those years and this year it is way ahead. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. In 2021 it lagged the index by 12%.

Portfolio 59

Portfolio Taxes Numbers Investments 59

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. Here’s a summary of the major tax law changes coming in 2026 and some steps individuals and business owners can take to prepare. For some, this may lead to more taxes paid on capital gains.

Taxes 52

Taxes Tax Planning Planning Estate Planning 52

Random Roger's Retirement Planning

NOVEMBER 4, 2024

The Wealthfront Risk Parity Fund (WFRPX) is closing to new money as of 12/27/2024 and expects to be liquidated on January 3rd. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. billion fund charging 25 basis points.

Retail 52

Retail Taxes Investments Investing 52

Ballast Advisors

NOVEMBER 27, 2023

Here are some things to consider as you weigh potential tax moves between now and the end of the year. Defer income to next year Consider opportunities to defer income to 2024, particularly if you think you may be in a lower tax bracket then. Doing so may enable you to postpone payment of tax on the income until next year.

Taxes 40

Taxes Retirement Planning Distribution Retirement 40

WiserAdvisor

JANUARY 16, 2024

This data can serve as a baseline for tailoring your retirement plan, taking into account factors such as inflation, your current age, and your desired retirement age. In the unfortunate event of your passing, the funds held in a 401(k) can be passed on to your heirs, offering them a tax-advantaged account.

Retirement Planning 40

Retirement Planning Retirement Planning Financial Advisor 40