eMoney Advisor

FEBRUARY 9, 2023

Of an estimated 104 million households seeking some level of financial advice, 88 million of those households want that advice from a financial professional. In this overview, we will explore the demographics of each stage, the financial planning needs of people in each stage, and strategies for serving them.

Financial Planning 95

Financial Planning Clients Planning Education 95

Carson Wealth

JANUARY 4, 2024

If you have student, personal or car loans, credit card debt or a mortgage, you need to have a plan on how to pay them off – and which ones to tackle first. While from a behavioral standpoint some suggest you should tackle low balance accounts first, a financial planning approach suggests you tackle high interest rate debt first.

Financial Planning 96

Financial Planning Planning Retirement Estate Planning 96

AdvicePay

JUNE 13, 2024

Much like the maintenance of a car ensures its longevity and optimal performance, financial planning demands both one-time and ongoing attention. This approach allows you to engage these clients by charging a fee that’s covered through their monthly cash flow.

Insurance Coverage 87

Insurance Coverage Financial Planning Estate Planning Tax Planning 87

Workable Wealth

OCTOBER 14, 2020

Financial planning can take your money game up a notch by bringing clarity, strategy, and intention to your financial life. A healthy financial plan gives you the tools to take control of your finances and start living your life with passion, purpose, and freedom. So what’s the value of a financial plan?

Financial Planning 52

Financial Planning Planning Insurance Coverage Tax Planning 52

WiserAdvisor

OCTOBER 31, 2023

Creating a financial plan is the first step toward achieving financial freedom. Financial plans are essential for setting your financial goals in motion. Not every financial plan stands the test of time, and multiple options can often lead you astray.

Financial Planning 59

Financial Planning Planning Medical Retirement 59

MainStreet Financial Planning

JUNE 13, 2023

Update your life and disability insurance. Now more than ever you want to have appropriate life and disability insurance coverage, so if something unexpected happens your family will be OK. Take advantage of tax breaks. Be sure to take advantage of child and dependent care tax credits when filing your taxes.

Insurance Coverage 98

Insurance Coverage Budgeting Healthcare Estate Planning 98

International College of Financial Planning

JULY 31, 2023

Retirement is a time to embrace your dreams and live a contended retirement life, but it requires meticulous financial planning and preparation. Retirement planning is even more critical for self-employed individuals as they lack the safety net of traditional benefits like PPF or LTA.

Financial Planning 52

Financial Planning Retirement Planning Retirement Planning 52

Walkner Condon Financial Advisors

NOVEMBER 11, 2022

Bear in mind that IRA accounts do have income restrictions so it is important to work with your financial advisor or tax preparer to determine if you are eligible to contribute in 2022. Assuming you are eligible, these accounts can be quite tax advantageous for your overall financial situation. 529 College Savings Plans.

Insurance Coverage 98

Insurance Coverage Retirement Planning Accounting Taxes 98

Clever Girl Finance

DECEMBER 23, 2024

Freelancing is liberating, but without a solid financial plan, it can also be unpredictable. As a freelancer, you juggle not only your craft but also your finances, taxes, and retirement planning. That’s where financial planning for freelancers comes in. Plan for taxes ahead of time 4.

Budgeting 52

Budgeting Financial Planning Planning Insurance 52

Ballast Advisors

JUNE 18, 2024

As you navigate the waters of financial planning, it’s crucial to maintain balance and stability amidst the complexities of owning multiple residences in different states. Tax Considerations When it comes to tax considerations for snowbirds, there are several factors to keep in mind.

Insurance Coverage 52

Insurance Coverage Management Insurance Taxes 52

Truemind Capital

FEBRUARY 2, 2021

This reminded him of the last time when he didn’t submit any investment proof, a significant portion of his salary was deducted in lieu of taxes. He asked his colleagues what they are doing for saving taxes. This happens due to a lack of knowledge regarding different investment options and the absence of tax planning.

Taxes 52

Taxes Planning Insurance Coverage Insurance 52

Yardley Wealth Management

MAY 16, 2023

Working with a financial advisor during this process can provide a wide range of benefits, such as: A holistic view of your finances: A financial advisor can analyze your current financial situation, assess your financial goals, and develop a personalized financial plan that fits your unique needs.

Insurance Coverage 52

Insurance Coverage Financial Advisor Retirement Planning Budgeting 52

Clever Girl Finance

AUGUST 19, 2024

Plan for long-term baby expenses 5. Review your maternity leave and insurance coverage 6. Update your life insurance policy 8. Create or revise your estate plan 9. Plan for emergency expenses 11. The key is planning ahead to find what works best for your family. Practice living on one income 4.

Insurance Coverage 100

Insurance Coverage Budgeting Medical Insurance 100

WiserAdvisor

JULY 3, 2023

It can require a deep understanding of personal finance, investment strategies, tax implications, and more. A financial advisor can help you understand the intricacies of financial planning for physicians. This can lead to poor financial wealth in the long term, inadequate savings, and insufficient investments.

Financial Planning 40

Financial Planning Planning Medical Financial Advisor 40

Carson Wealth

AUGUST 4, 2022

Purpose-specific accounts, such as health savings accounts (HSAs), often have built-in tax incentives that can make them a worthwhile option. In some cases, HSAs can offer a triple tax-advantage – tax deductions for contributions, tax deferral during the accumulation period and tax-free distributions for qualified health-related expenses.

Retirement 98

Retirement Insurance Insurance Coverage Taxes 98

WiserAdvisor

MAY 22, 2025

This article will also walk you through how to prepare, what to consider, and how to make sure your plan supports your healthcare costs in retirement. Below are 5 things you can do for retirement healthcare financial planning: 1. It can only be used by people who are covered under a High-Deductible Health Plan (HDHP).

Healthcare 59

Healthcare Retirement Planning Retirement Planning 59

Harness Wealth

DECEMBER 19, 2022

As you wrap up 2022 and look ahead to the new year, consider how to get an early start on understanding your finances and how to manage your tax liability, especially if you experienced any changes in equity compensation or made or sold an investment. Understand the tax implications associated with crypto assets.

Taxes 52

Taxes Insurance Coverage Assets Financial Planning 52

Workable Wealth

NOVEMBER 11, 2020

But building a balanced meal plan takes more time and effort to accomplish. The same is true for a healthy financial plan. Not every financial planning task is exciting and groundbreaking, but each step secures your goals and vision for the future. Your coverage level is unique to you and your situation.

Estate Planning 52

Estate Planning Insurance Financial Planning Planning 52

WiserAdvisor

DECEMBER 1, 2023

This article will shed light on why physicians particularly need financial advisors to navigate the financial intricacies of their lives. This can lead to financial instability in the long run. It also puts physicians in the upper slabs of federal tax brackets. A higher income does not only lead to more spending.

Financial Advisor 59

Financial Advisor Medical Insurance Education 59

Gen Y Planning

JANUARY 5, 2022

Review Your Insurance Coverage . The new year is an excellent time to take a look at your insurance coverage. Ask yourself, Do you have a life insurance policy that properly protects your family? Does your employer offer short or long-term disability insurance, and are you signed up? Outsource with Purpose.

Insurance Coverage 52

Insurance Coverage Insurance Accounting Taxes 52

WiserAdvisor

JULY 27, 2023

Human financial advisors possess the expertise to consider individual circumstances, emotions, and unique financial situations, thus offering tailored recommendations. Furthermore, ChatGPT may have limitations in reflecting recent policy changes or potential mathematical fallacies that can impact retirement and tax planning strategies.

Retirement Planning 40

Retirement Planning Financial Advisor Retirement Planning 40

Cordant Wealth Partners

AUGUST 16, 2024

Other pay : Certain employees can be eligible for “pay in lieu of redeployment” (9 weeks) and an “additional separation bonus” (8 weeks) It’s important to note that severance payouts are taxed as ordinary income in the year of payout. Tax planning for a transition out of Intel is critical.

Planning 52

Planning Retirement Taxes Accounting 52

Cordant Wealth Partners

DECEMBER 2, 2022

It’s important to note, severance payouts are taxed, and taxed as ordinary income in the year of payout. So, if you separate from the company near the end of the year, earning both a full year of salary plus severance payouts, you could be pushed into a higher tax bracket. Tax planning for a transition out of Intel is critical.

Planning 52

Planning Retirement Taxes Accounting 52

Fortune Financial

JULY 12, 2023

Additionally, keeping up with changes in healthcare policies, insurance plans and available resources is crucial. Retirees should review their insurance coverage annually, compare plans and explore options that provide the necessary healthcare services at a more affordable cost.

Healthcare 52

Healthcare Retirement Budgeting Retirement Planning 52

Fortune Financial

JULY 12, 2023

Additionally, keeping up with changes in healthcare policies, insurance plans and available resources is crucial. Retirees should review their insurance coverage annually, compare plans and explore options that provide the necessary healthcare services at a more affordable cost.

Healthcare 52

Healthcare Retirement Budgeting Retirement Planning 52

Clever Girl Finance

APRIL 29, 2024

For example, do you rent an apartment but don’t have renters insurance? Do you need to increase your health insurance or auto insurance coverage? Having these things in place will literally save you when life happens and help you maintain your financial plan.

Budgeting 105

Budgeting Planning Accounting Investments 105

WiserAdvisor

JANUARY 10, 2023

This article discusses 6 New Year financial resolutions that you can consider adopting to help you build a safer and more secure financial strategy for 2023. This is financial planning 101. In addition, ensure you have adequate insurance coverage. Draft a foolproof estate plan.

Estate Planning 40

Estate Planning Retirement Budgeting Financial Advisor 40

Gen Y Planning

OCTOBER 13, 2023

If you plan to retire early, you can invest in a 401k, Roth IRA, Traditional IRA, and/or a brokerage account. Carefully consider the benefits and tax implications of each prior to setting up your portfolio. Think about insurance coverage. Evaluate your cash reserves.

Retirement 64

Retirement Accounting Planning Consulting 64

Carson Wealth

APRIL 25, 2024

There are some things in life you just can’t plan for: an unexpected illness, job loss, death of spouse, disability. And while experiencing one of these major events can drastically impact your life, having an effective financial plan can help ensure that it doesn’t ruin your financial well-being.

Financial Planning 97

Financial Planning Planning Retirement Insurance Coverage 97

eMoney Advisor

DECEMBER 6, 2022

Billion-dollar disasters, inflation, and increased building costs mean a perfect storm is brewing for financial planners’ risk management strategies. Insurance in Financial Planning. The CFP® Board includes risk management and insurance in its financial planning principal knowledge topics for a good reason.

Financial Planning 97

Financial Planning Clients Planning Estate Planning 97

WiserAdvisor

MARCH 13, 2024

Investment planning also plays a crucial role in tax optimization, enabling you to minimize tax liabilities and maximize after-tax returns. Additionally, tax-loss harvesting, and other tax-optimization strategies can further improve the tax efficiency of your investment portfolio, thereby enhancing overall returns.

Retirement Planning 106

Retirement Planning Retirement Planning Estate Planning 106

Carson Wealth

DECEMBER 27, 2023

By Ryan Egolf, EA, Senior Tax Planner As the New Year quickly approaches, it’s time to put a bow on your 2023 financial plan. While this is by no means an exhaustive or comprehensive list of financial planning tools, these three broad areas will get you headed in the right direction.

Planning 89

Planning Retirement Planning Insurance Taxes 89

WiserAdvisor

MAY 3, 2023

Health and financial planning must go hand in hand to ensure you always have enough savings to tackle the unexpected. From medical expenses to the impact of illness or disability on your ability to earn a living, your health can have a significant effect on your financial well-being. What is health or medical financial planning?

Financial Planning 40

Financial Planning Planning Medical Healthcare 40

Zoe Financial

DECEMBER 23, 2022

The Wealthy Stay Wealthy Tax-Loss Harvesting Those with wealth want to be smart about the taxes they pay. They often start with tax-loss harvesting around this time of year. Recognize the losses for your tax return. Too many investors miss this easy opportunity to reduce taxes. If so: Sell those positions.

Insurance Coverage 52

Insurance Coverage Taxes Insurance Financial Advisor 52

Walkner Condon Financial Advisors

JUNE 27, 2023

As it turned out, financial planning is where I felt I could have the most impact. I greatly benefited from financial advice and my mission from that point on was to pay it forward. I wanted to help others with financial planning and advice. Expect federal and state taxes to be withheld. Revisit the budget.

Insurance 52

Insurance Insurance Coverage Compensation Planning Financial Advisor 52

Walkner Condon Financial Advisors

JUNE 27, 2023

As it turned out, financial planning is where I felt I could have the most impact. I greatly benefited from financial advice and my mission from that point on was to pay it forward. I wanted to help others with financial planning and advice. Expect federal and state taxes to be withheld. Revisit the budget.

Insurance 52

Insurance Insurance Coverage Compensation Planning Financial Advisor 52

Carson Wealth

JULY 19, 2022

Employee benefits, such as health insurance or group life insurance, generally provide tax deductions to the employer. Executive benefits are designed to differentiate between classes of employees and lose some of their tax deductibility and shine. . Exercising the ISO may trigger an Alternative Minimum Tax event. .

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Executive Compensation Compensation Planning Planning Insurance 112