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Is Retirement a Good Time for Roth Conversions?

Darrow Wealth Management

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.

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Financial Planning Opportunities in a Volatile Market

eMoney Advisor

Despite the toll on client emotions, times of market volatility give financial professionals a real opportunity to shine. By using your expertise to communicate, educate, and provide perspective, you’ll likely magnify the loyalty of your clients. But it takes a strong plan—and no small amount of willpower—to do this.

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Estate Planning Strategy: Leveraging CFP® Certification Expertise

International College of Financial Planning

A CFP® professional will critically assess the client’s current investments, suggesting modifications to ensure they resonate with the overarching financial strategy. Maintaining open communication channels between these two pillars of the financial foundation is imperative.

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How to Choose the Right Wealth Management Firm in Kansas City

Fortune Financial

Tax Considerations Be mindful of tax implications related to your goals. Certain investments or strategies may offer tax advantages, while others could result in higher tax liabilities. Consulting with an advisor can help you optimize your financial plan along with identifying the impact of potential future tax changes.

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How to Choose the Right Wealth Management Firm in Kansas City

Fortune Financial

Tax Considerations Be mindful of tax implications related to your goals. Certain investments or strategies may offer tax advantages, while others could result in higher tax liabilities. Consulting with an advisor can help you optimize your financial plan along with identifying the impact of potential future tax changes.

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Weekly Market Insights – February 6, 2023

Cornerstone Financial Advisory

Another Rate Hike The Federal Reserve raised interest rates by 0.25%, signaling to the financial markets that it would likely hike rates by another 25 basis points at its next meeting in late March. If you claim at least one child as your dependent, you may be eligible to benefit from the child tax credit.

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Weekly Market Insight – October 3, 2022

Cornerstone Financial Advisory

stocks were under pressure all week due to recession concerns and unsettled trading in the bond and currency markets. During the previous week, the Bank of England (BOE) raised interest rates, and its prime minister announced unfunded tax cuts that the markets interpreted as inflationary. government bonds. government bonds.