Nerd's Eye View

FEBRUARY 23, 2024

Also in industry news this week: A recent study has found that advisors who gain additional credentials tend to see a boost both in their confidence and in their business metrics, with the CFP certification standing out in terms of value The implications for RIAs of a proposed Treasury Department rule that would subject many firms to certain anti-money-laundering (..)

Financial Planner 246

Financial Planner Certification CFP Financial Advice 246

Nerd's Eye View

AUGUST 21, 2024

The downside, however, is that irrevocable trusts are "irrevocable" and can't easily be undone; in moving assets to the trust, the original owner gives up their authority over the assets, with the trustee taking over the management and distribution of the assets according to the trust's instructions.

Taxes 246

Taxes Wealth Advisor Estate Planning Assets 246

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. And while there isn’t just one best way for everyone to take required minimum distributions, there’s probably one way that works best for you. Yes, you can reinvest your RMD.

Distribution 81

Distribution Retirement Taxes Accounting 81

Advisor Perspectives

FEBRUARY 12, 2024

This article identifies 10 real-world considerations in tax efficient distribution planning from the perspectives of an academic (Wade Pfau, PhD), a practitioner (Joe Elsasser, CFP), and a CPA (Steven Jarvis).

Distribution 49

Distribution Taxes Planning CFP 49

NAIFA Advisor Today

OCTOBER 10, 2024

New NAIFA member, Alexander Flecker, CFP, CIMA , Head of Distribution at Measured Risk Portfolios , shares insights into his journey in the financial services industry and the firm's rapid growth since joining in mid-2023.

Portfolio 98

Portfolio CFP Distribution Financial Services 98

International College of Financial Planning

OCTOBER 26, 2023

Their primary objective is to ensure that the assets are managed & distributed according to the wishes of the client. A CFP® professional will critically assess the client’s current investments, suggesting modifications to ensure they resonate with the overarching financial strategy.

Estate Planning 52

Estate Planning CFP Certification Certified Financial Planner 52

Darrow Wealth Management

DECEMBER 23, 2022

Some of the measures in the bill include increasing the required minimum distribution age, raising catch-up contribution limits, permitting some rollovers from 529 plans to Roth IRAs, and expanded access to employer plans. Raise the required minimum distribution age. Qualified charitable distribution limit increased.

Retirement 105

Retirement Retirement Planning Distribution Taxes 105

Darrow Wealth Management

NOVEMBER 20, 2023

As you consider your cash runway and resources, remember to consult your financial and tax advisors to discuss taxes, penalties, and distribution rules. For example, for distributions from a Roth IRA to be tax-free on earnings and penalty-free, the taxpayer must be over age 59 1/2 and five tax years must have passed since the conversion.

Retirement 105

Retirement Distribution Taxes Accounting 105

Million Dollar Round Table (MDRT)

SEPTEMBER 2, 2022

By Adam Thomas Rex, CFP, AIF When we think about gifts for clients, we notice there is a tendency toward repetition: “Hey, this is exactly what their dentist is doing for them.” They’re looking for qualified charitable deductions, distributions from IRAs directly into a charity. Why don’t we try to capitalize on that?”.

Clients 102

Clients CFP Distribution Numbers 102

eMoney Advisor

JANUARY 20, 2023

Changes for qualified charitable distributions (QCDs). and eMoney Analysis (1 CFP® CE Credit*) webinar. Pending approval from the CFP Board Roth funds no longer being subject to RMD in workplace retirement accounts such as 401(k) plans. Changes for qualified longevity annuity contracts (QLACs).

Financial Advisor 89

Financial Advisor Retirement CFP Financial Planning 89

Covisum

NOVEMBER 21, 2023

In the dynamic landscape of retirement planning, the article " Managing Taxes in Retirement using the Effective Marginal Tax Rate " published in Advisor Perspectives by Dr. Wade Pfau and Joe Elsasser, CFP(R), provides valuable insights into tax-efficient distribution strategies.

Retirement 52

Retirement Taxes Retirement Planning CFP 52

Darrow Wealth Management

MARCH 6, 2023

The distribution of calendar year returns skews very positive, with over 37% of years ending with a return north of 20%. Article written by Darrow Wealth Management President Kristin McKenna, CFP® and originally appeared on Forbes. Over time, markets have always gone up more than down U.S.

Marketing 105

Marketing Marketing Wealth Management Portfolio 105

FMG

NOVEMBER 7, 2022

Barsoumian, CFP®, CRPC® , Founder and Financial Advisor at SMB Financial Strategies sent clients puzzles last year which was a great idea to pass the time and do something fun while we were all in lockdown. We love this one from John Barrios, CFP® , owner of Barrios Financial Services as it’s truly all about the season of giving.

Financial Advisor 59

Financial Advisor Clients CFP Estate Planning 59

eMoney Advisor

NOVEMBER 7, 2022

Earnings limits come into effect, as do age-related requirements, such as required minimum distributions (RMD). I am joined by Joseph Buhrmann, CFP ® , CLU ® , ChFC ® to discuss how a robust and engaging planning platform can help facilitate planning discussions around transition by modeling some of life’s what-ifs.

Financial Planning 107

Financial Planning Retirement Planning Clients 107

Walkner Condon Financial Advisors

APRIL 27, 2023

Jonathan Jordan, Financial Advisor, CFP®, CEPA The post The Basics of Stock Option Compensation appeared first on Walkner Condon Financial Advisors. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost.

Taxes 105

Taxes Consulting Financial Advisor Startup 105

Carson Wealth

FEBRUARY 16, 2024

By Mike Valenti, CPA, CFP ® , Director of Tax Planning It’s that time of year again! W-2s, 1099s and mortgage statements have been to hit your mailbox: a daily reminder that it is, once again, Tax Season. Overall, it was a relatively quiet year on the tax front. Although Congress isn’t done yet! More on that later.)

Taxes 97

Taxes Consulting Accounting Planning 97

Carson Wealth

DECEMBER 1, 2022

CFP ® , Director of Consumer Investment Research. LLM, CFP ® , ChFC ® , CLU ® , RICP ® ,? Qualified employer retirement plans allow tax-deferred growth, which means accounts are not subject to taxes on dividends or capital gains until proceeds are distributed at a later date. Craig Lemoine, Ph.D., and Jamie Hopkins,?Esq.,

Retirement Planning 72

Retirement Planning Risk Tolerance Retirement Budgeting 72

FMG

OCTOBER 5, 2023

Barsoumian, CFP®, CRPC® , Founder and Financial Advisor at SMB Financial Strategies , sent clients puzzles last year. Charitable Gifts We love this one from John Barrios, CFP® , owner of Barrios Financial Services , as it’s truly all about the season of giving. Melisa Joy, CFP® of Pearl Planning. What a great idea!

Clients 52

Clients CFP Financial Advisor Wealth Advisor 52

Tobias Financial

JULY 5, 2024

In a recent CNBC article, our Wealth Advisor, Catalina Franco-Cicero, MS, CFP®, CTS , was quoted on the topic of tax strategies during periods of unemployment. Catalina emphasized that this can provide an excellent opportunity for tax-free growth and future tax-free distributions.

Taxes 52

Taxes Tax Planning Wealth Advisor CFP 52

Darrow Wealth Management

JANUARY 9, 2023

No required minimum distributions (RMDs) in Roth 401(k) plans. Starting in 2024, individuals who left assets in a Roth employer plan won’t be subject to mandatory distributions during their life. increased the age from 70 ½ to 72 for many taxpayers who hadn’t yet started distributions. Prior to the passing of Secure Act 2.0,

Accounting 59

Accounting Taxes Tax Planning Distribution 59

MainStreet Financial Planning

NOVEMBER 1, 2022

Larry Pon , CPA/PFS, CFP, EA, USTCP, AEP. Roth IRAs certainly have advantages, such as no required minimum distributions, and beneficiaries will receive the Roth IRA tax-free. How : Zoom Meeting, Free to ongoing clients; $10 for guests. Register here! Roth IRAs: Conversions, Mega Back-Door, Tax Calculations, and Recent Legislation.

Taxes 52

Taxes Certified Financial Planner Retirement Planning Financial Planner 52

Darrow Wealth Management

JULY 25, 2022

When considering the distribution of excess lifetime returns of individual stocks vs the Russell 3000, the median underperformance was almost -10%. Article written by Darrow Advisor Kristin McKenna, CFP® and originally appeared on Forbes. Big losses are common.³ Deciding when to sell stock even though the price is lower.

Marketing 105

Marketing Marketing Valuation Risk Tolerance 105

International College of Financial Planning

AUGUST 31, 2023

By distributing your investments across different assets, you can take advantage of the divergent impact of prevalent market conditions on these assets. Until not long ago, Sebi, the watchdog for markets, gave the nod to the CFP certification for the revered Registered Investment Advisor (RIA) role.)

Portfolio 52

Portfolio Certified Financial Planner Investments Investing 52

Zoe Financial

FEBRUARY 16, 2023

This allows the donor to use one contribution (one receipt) to distribute (grant) to multiple charities. Strategy #3 – Qualified Charitable Distributions (Tax Prevention Strategy – Itemizing Not Required) A QCD is a donation that is made directly from a taxable IRA account to a qualified charity.

Taxes 40

Taxes Distribution CFP Accounting 40

Darrow Wealth Management

JULY 1, 2024

Since investors pay tax annually on dividends, interest, and capital gains distributions in a taxable brokerage account, even if they don’t sell assets, it can be worthwhile to consider allocating more tax-efficient investments here.

Taxes 105

Taxes Tax Planning Planning Estate Planning 105

Validea

FEBRUARY 8, 2023

By Jack Forehand, CFA, CFP® ( @practicalquant ) — 2023 has been a great year for the market so far. A median is calculated by simply ranking all stocks based on each valuation metric and then selecting the valuation that ranks right in the middle of the distribution.

Valuation 59

Valuation Sales CFP Distribution 59

Tobias Financial

JUNE 6, 2024

However, as our CEO, Marianela Collado, CPA/PFS, CFP®, CDS® points out, this strategy isn’t suitable for everyone. Converting to a Roth IRA can mitigate this “tax time bomb” for older investors, providing tax diversification and lowering required minimum distributions.

Taxes 40

Taxes Retirement CFP Distribution 40

Validea

SEPTEMBER 21, 2022

By Jack Forehand, CFA, CFP® ( @practicalquant ) —. A median is calculated by simply ranking all stocks based on each valuation metric and then selecting the valuation that ranks right in the middle of the distribution. It looks like the 2022 bear market might be with us longer than many of us had hoped. We just didn’t get it.

Valuation 72

Valuation Marketing Marketing CFP 72

Zoe Financial

APRIL 17, 2023

In addition, withdrawals are tax-free any time after reaching age 59 ½ and are not subject to RMDs providing additional flexibility (in retirement, the IRS requires you to take Required Minimum Distributions [RMDs] from your traditional IRA and 401(k), which are taxed as income, but in there is an exemption in this case).

Taxes 40

Taxes Retirement Accounting Tax Planning 40

Your Richest Life

APRIL 15, 2024

Like a 401(k), a 403(b) plan lets employees put some of their salary into an account, and it’s generally not taxed until it’s distributed. If you prefer a Roth, some 403(b) plans may also offer Roth accounts, and those contributions are tax-free when distributed. Here is a retirement calculator to help you estimate your needs.

Retirement Planning 52

Retirement Planning Retirement Planning Taxes 52

Steve Sanduski

JANUARY 9, 2023

Steve Sanduski, CFP® and John Christmas. What we have with CAIS is a structure, a vehicle, which allows financial advisors to get their clients’ exposure to an institutional-quality private credit firm, with quarterly liquidity, no K-1, monthly distributions of income, generating high single digits.”

Investments 52

Investments Investing Portfolio Clients 52

Darrow Wealth Management

FEBRUARY 19, 2024

When considering the distribution of excess lifetime returns of individual stocks vs the Russell 3000, the median underperformance was almost -10%.³ Kristin McKenna, CFP® originally published an abbreviated version of this article at Forbes References ¹ Dimensional, using data from CRSP and Compustat.

Management 111

Management Taxes Portfolio Estate Planning 111

Zoe Financial

MARCH 22, 2023

For example, starting at age 73, you will have Required Minimum Distributions, the minimum required amounts a retiree must draw annually from any tax-deferred accounts they have – such as a traditional IRA or 401(k). Was Blake Lively Financially Cheated On? There are going to be investment events that you must also plan for.

Retirement 40

Retirement CFP Taxes Accounting 40

Carson Wealth

JANUARY 17, 2023

CFP ®   , Director of Consumer Investment Research   . Qualified employer retirement plans allow tax-deferred growth, which means accounts are not subject to taxes on dividends or capital gains until proceeds are distributed at a later date. Craig Lemoine, Ph.D., Welcome to your 40s.

Retirement Planning 52

Retirement Planning Financial Planner Certified Financial Planner Retirement 52

Park Place Financial

MARCH 15, 2022

How many minimum distributions you must take from your retirement plan. Planning for retirement can be overwhelming, but a certified financial planner (CFP) can provide the assurance you need about this life transition. At Park Place Financial, our CFPs work collaboratively to craft customized retirement plans for all our clients.

Retirement 40

Retirement Retirement Planning Certified Financial Planner Medical 40

Indigo Marketing Agency

MAY 5, 2020

I’m a lecturer at UCLA Extension as part of their CFP program in marketing. Do the plans have embedded in-services non-hardship distributions? So we understand the in-service on hardship, distribution market extremely well. My dad’s a financial advisor, so that’s how I got into this business.

Retirement 52

Retirement Economics Retirement Planning Financial Planning 52

Zoe Financial

APRIL 4, 2023

Financial Tips to Keep in Mind Published April 5th, 2023 Reading Time: 6 minutes Written by: Kevin Ostergaard, CFP®, CIMA® & Mishkin Santa, J.D., Financial Tips to Keep in Mind Published April 5th, 2023 Reading Time: 6 minutes Written by: Kevin Ostergaard, CFP®, CIMA® & Mishkin Santa, J.D.,

Retirement 40

Retirement Taxes CFP Compliance 40