A Wealth of Common Sense

SEPTEMBER 1, 2022

I also may use them to buy a future house or get married. I’m 26 years old and served 4 years as an army officer. I will be separating honorably soon where I’ll go back to school and may need to access these funds. I’m afraid of investing the funds.

Investing 106

Investing Investments 106

MainStreet Financial Planning

MARCH 7, 2023

It is March…that means you have just about 5 weeks left to get organized and submit your tax return. As life gets more complicated this can become a daunting task. To help you get organized here is a list of key documents you may need to complete your tax return. Are you married? Did you have AMT?

Taxes 87

Taxes Retirement Planning Distribution Planning 87

Walkner Condon Financial Advisors

APRIL 26, 2024

Whether you are engaged or have recently married, developing a plan to combine finances with your partner can significantly reduce finance-related stress down the road by promoting transparency and simplicity in your relationship.

Accounting 52

Accounting Retirement Financial Advisor Budgeting 52

The Big Picture

NOVEMBER 17, 2022

Cryptocurrency investors may need to act within the next few weeks to reduce their tax bill—and get ahead of an increasingly aggressive IRS ( Wall Street Journal ). The Information ). First Came the Crypto Crash. Now Comes the Taxman. Cosmopolitan ).

Recruitment 245

Recruitment Advertising Economics Sales 245

Carson Wealth

OCTOBER 25, 2023

Before you say, “I don’t,” or “It’s too complicated,” take time to learn more about what a trust can do for you – especially if you are in a blended family or in a relationship but not married. No prince/princess charming can marry them and take their money since it’s in the trust. What Is a Trust? What about divorce?

Estate Planning 105

Estate Planning Planning Assets Taxes 105

MainStreet Financial Planning

APRIL 26, 2024

I personally love the Capital One Venture Card , which has double points to cover travel expenses– you get higher points/rewards on certain purchases. Flight trackers – My sister is getting married this fall and she is doing a destination wedding in Mexico.

Commission 52

Commission Planning Financial Planning 52

Tobias Financial

MARCH 20, 2024

In a recent MarketWatch article spotlighting tax filing options for married couples, our CEO, Marianela Collado, CPA/PFS, CFP®, CDS®, shared valuable insights on the choices between filing jointly or separately. As she stated, “You basically get penalized [by the tax code] for filing separately.”

Taxes 52

Taxes CFP Education Planning 52

Clever Girl Finance

DECEMBER 21, 2022

You may be wondering, how much does it cost to get married? How much does it cost to get married? But how much does it cost to get married in various states? According to Insider , the six most expensive states to get married, with the average prices, are: New Jersey: $53,400. DIY decorations.

Budgeting 77

Budgeting Food Planning Communication 77

Nerd's Eye View

FEBRUARY 21, 2023

What's unique about Danqin, though, is how she planned and executed a very intentional career path in the financial services industry that involved her leaving her homeland China, embracing a new language and culture in the United States while achieving her Master’s degree in Financial Planning, and proactively creating opportunities for herself (..)

Financial Advisor 130

Financial Advisor CFP Financial Planner Math 130

Integrity Financial Planning

FEBRUARY 24, 2023

We celebrate many different major life events as we get older—birthdays, weddings, or the birth of children. This can be a great excuse to get the people you care about all in the same place, talking and having a good time. You can also celebrate your retirement by getting into something you’ve been meaning to explore for a while.

Retirement 96

Retirement Financial Planning Planning 96

Carson Wealth

SEPTEMBER 8, 2022

After all, that’s when you would get the greatest monthly benefit. Let’s say you’re married (or were married) to someone who made substantially more than you. You’re waiting to apply for your Social Security benefits until age 70 so you can get the maximum monthly payment. Wait right up to age 70, if possible.

Financial Advisor 98

Financial Advisor Portfolio CFP Retirement 98

Carson Wealth

OCTOBER 5, 2023

In my state, Nebraska, for example, if I were married at the time of my death and died without a will, my surviving spouse would not receive all of my assets if I had children. Where Can I Get a Will? Some employers offer their stakeholders help in getting a will created. In short, it’s an all-around good idea.

Estate Planning 142

Estate Planning Planning Assets Taxes 142

Tobias Financial

APRIL 3, 2023

Being able to help young clients with the competing forces like buying a first home, getting married, having kids, etc., She also shared why it is crucial to work with younger clients and why she is passionate about it. is so rewarding to me.

Clients 52

Clients Wealth Advisor CFP Financial Planning 52

The Big Picture

OCTOBER 2, 2023

In the United States, Between 500,000 to 1 million new books are published annually via traditional publishers and another 2 million plus get self-published. Strong opinions weakly held means you cut your losses quickly, you reverse your priors when necessary, and you do not marry any holding – ever.

Investing 342

Investing Investments Economy Portfolio 342

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. The potential supplemental estate tax liability for a married couple may be in the $5.6 Petersen, CPA, CFP ® , CP, Affluent Wealth Planning The holidays are upon us!

Planning 143

Planning Retirement Planning Taxes Retirement 143

Clever Girl Finance

AUGUST 15, 2022

In this article, we will discuss how to talk about finances when married. Every married couple has differences and similarities, and this is likely true with money, as well. You may have different spending habits, monthly expenses, and even communication skills when you first get married. Let's dive right in!

Communication 69

Communication Accounting Budgeting Planning 69

Abnormal Returns

OCTOBER 8, 2022

nextbigideaclub.com) Americans are waiting longer to get married. (newsletter.abnormalreturns.com) Mixed media Five insights from Alec Nevala-Lee's new book "Inventor of the Future: The Visionary Life of Buckminster Fuller." wsj.com) The best TV shows of 2022 so far including 'Abbott Elementary.' vulture.com).

Financial Advising 130

Financial Advising Food Media Economy 130

Random Roger's Retirement Planning

APRIL 2, 2024

The odds that some number that you get from an app, or an advisor or doing your own spreadsheet work when you're 35 or 40 staying relevant until you're 60 or 65 or 70 are very low. Maybe in that year you get an 8 or 9% bump bringing you closer to the $1,025,000. Or maybe not. Arizona is a low tax state.

Retirement 71

Retirement Taxes Numbers Accounting 71

Million Dollar Round Table (MDRT)

JULY 5, 2022

Market in a way that’s inauthentic to you, such as by following the 26-year-old financial advisor crushing it on TikTok and building automated funnels, even though you’re 50 years old, happily married with kids, don’t use TikTok and thought a funnel was something you use in the kitchen. Say you will do something and then not get to it.

Financial Advisor 52

Financial Advisor Financial Services Clients Marketing 52

Integrity Financial Planning

JANUARY 23, 2023

[2] Maximizing Your Benefits There are many different approaches that you can take to get the most out of your Social Security benefits. Although individuals that have worked for just 10 years are eligible to claim Social Security, you’ll get much more bang for your buck the longer you work. Let’s discuss a few.

Retirement 89

Retirement Math Retirement Planning Financial Planning 89

Clever Girl Finance

JULY 16, 2023

Table of contents 5 Steps to get started budgeting as a couple Expert tip What is the best way to budget as a couple? What is the best budget for a married couple? 5 Steps to get started budgeting as a couple Figuring out how to budget can seem confusing in itself since there are so many ways to approach it.

Budgeting 74

Budgeting Communication Certified Financial Planner Accounting 74

MainStreet Financial Planning

OCTOBER 25, 2022

I have been married for 10 years to my husband Jonathan and we have 2 golden retrievers, Brinkley and Brady. No bumper stickers… although if I did get one it would probably be a UNC Chapel Hill sticker – go Tar Heels! No bumper stickers… although if I did get one it would probably be a UNC Chapel Hill sticker – go Tar Heels!

Financial Planning 52

Financial Planning Planning Clients 52

WiserAdvisor

OCTOBER 18, 2022

You can get a tax credit of up to $1,000 a year. However, if you are married and filing for a tax credit jointly, you can get a tax credit of up to $2,000 yearly. You will get an amount equivalent to 50%, 20%, or 10% of the contributions based on the amount you contribute. A married couple filing jointly.

Taxes 52

Taxes Retirement Accounting Retirement Planning 52

Gen Y Planning

MARCH 8, 2023

An added advantage of getting your employer on board is the chance that they’ll offset some costs involved with you moving or living abroad. Talk to Your Partner If you’re married or have a partner, you’ll naturally need to involve them in this conversation. Meaning, you could exclude as much as $240,000 for the 2023 tax year.

Taxes 98

Taxes Transportation Planning Food 98

Million Dollar Round Table (MDRT)

MAY 23, 2023

In fact, 70% of all married women will experience widowhood at least once during their lifetime. Be her new “thinking partner” as she trusts that you hear her and “get” where she’s at emotionally. Rehl, Ph.D., CFP You risk losing recently widowed women as clients, as 70% of widows fire the couple’s advisor after their spouse dies.

Clients 72

Clients CFP Financial Advisor Insurance 72

Clever Girl Finance

DECEMBER 16, 2022

Some examples include: Getting married. Getting a divorce. For instance, getting married may mean combining your finances and managing money with your partner. While getting a divorce means starting a new chapter of handling your finances independently. Get support & accountability. Having a baby.

Budgeting 59

Budgeting Insurance Coverage Planning Accounting 59

MainStreet Financial Planning

JUNE 29, 2023

If you need help deciding on the best strategy for you when filing for Social Security – reach out to us at MainStreet Financial Planning and we would be happy to help make sure you get the most out of your Social Security benefits!

Retirement 79

Retirement Financial Planning Taxes Planning 79

Your Richest Life

NOVEMBER 11, 2022

If you’re married or in a relationship, this can be especially difficult – especially if money discussions lead to arguments. Once you know where you’re at and where you hope to be, you can work on a plan that will get you there. The post Getting Ready for the New Year appeared first on Your Richest Life.

Certified Financial Planner 110

Certified Financial Planner Estate Planning Financial Planning Financial Planner 110

Yardley Wealth Management

JULY 20, 2022

“Travel” can mean very different things to different people, even if they’ve been married their entire adult lives! Okay, that’s an extreme example, but you get my point.) What do they want to do when they get there? Where do James and Pamela want to go? Where do James and Pamela want to go? Where will they stay?

Retirement Planning 52

Retirement Planning Budgeting Retirement Wealth Management 52

Clever Girl Finance

JANUARY 9, 2024

How to get started Pros Cons Expert tip: Consider a joint trust if you’re married Who are living trusts best for? Setting up a living trust: How to get started Many people skip this because they’re unsure how to get started. Instead, get in touch with an estate planning attorney who specializes in living trusts.

Estate Planning 59

Estate Planning Distribution Assets Accounting 59

Darrow Wealth Management

DECEMBER 23, 2023

This means friends, relatives, parents, and grandparents can gift this amount (or double for married couples) without dipping into their lifetime exemption. As a graduation gift or to help the student get to a new job, depending on your gifting goals, you could also consider helping with a car purchase.

Taxes 78

Taxes Wealth Management Education Planning 78

Gen Y Planning

DECEMBER 4, 2023

The goal is to get a clear sense of where you are now, what triggers impulsive spending, and what can be improved moving forward. Too often, people get stuck in analysis paralysis when it comes to their money. It’s easy to get excited about making positive changes in your life and setting financial goals is no different.

Planning 64

Planning Accounting Retirement Banking 64

The Better Letter

APRIL 6, 2023

Subscribe now Share The Better Letter Read The Better Letter in the Substack app Available for iOS and Android Get the app NOTE TO SUBSCRIBERS: Some email services may truncate TBL. All married well and have provided the blessing of grandchildren (each of our three kids and their spouses have three children). We are blessed.

Retirement Planning 98

Retirement Planning Retirement Planning Nonprofit 98

Cornerstone Financial Advisory

NOVEMBER 6, 2023

These paycheck checkups are a great practice when something happens in your life that may change your tax status, such as getting married or getting divorced, having a baby, getting a new job, or getting a raise or promotion at work. We suggest you discuss your specific tax issues with a qualified tax professional.

Marketing 98

Marketing Marketing Taxes Investment Advisor 98

MainStreet Financial Planning

SEPTEMBER 29, 2022

Recently, I’ve been helping two relatives since I’m the family member closest to them with both financial skills and healthcare experience (retired hospital administrator married to a retired nurse). Even though I get duplicate statements or email statements I ask the about statements that came in the mail. They always have questions.

Communication 52

Communication Financial Planning Retirement Healthcare 52

Ballast Advisors

JULY 7, 2023

Things Get Better With Age An article in Consumer Reports on Health found there are some things that actually get better with age: 1. You get wiser. Maybe there’s some truth to the joke about parents seeming to get smarter as their kids get older. Your marriage gets better.

Retirement 40

Retirement Distribution Investment Advisor Planning 40

Nationwide Financial

JUNE 9, 2023

It’s easy to get excited about higher interest rates on savings, but this also creates an issue that most people haven’t had to think about in a long time. Know your tax bracket One thing I stress when I get to speak with retirement savers is that you always need to know your tax bracket.

Retirement 98

Retirement Clients Certification Taxes 98