Financial Symmetry

NOVEMBER 4, 2024

Both the health savings account (HSA) and the healthcare flexible spending arrangement (FSA) are account types that help lower your taxes and help you save for healthcare expenses. What is the difference between an HSA and an FSA?

Healthcare 67

Healthcare Accounting Taxes 67

Harness Wealth

APRIL 17, 2025

Tax deductions can save you thousands annually by reducing your taxable income through legitimate business expenses. Understanding these deductions is more critical than ever as tax laws evolve, presenting new opportunities for savings. Understanding this distinction is crucial for maximizing your tax benefits effectively.

Taxes 52

Taxes Tax Planning Professional Services Planning 52

Nerd's Eye View

MAY 3, 2024

Also in industry news this week: Large asset managers offering hybrid digital-human advice services are eating into the market share of purely human advisors, signaling that a smaller firm's ability to offer a differentiated value proposition could be a key to success in the coming years A recent study indicates that tech-forward advisory firms not (..)

Financial Planner 246

Financial Planner Healthcare Retirement Financial Advisor 246

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

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 94

Taxes Retirement Planning Healthcare Retirement 94

Advisor Perspectives

JANUARY 14, 2025

We need to face the reality that we’ve chosen a system that prioritizes lower taxes over centralized health care.

Healthcare 111

Healthcare Taxes 111

Nerd's Eye View

JANUARY 8, 2024

represents our current state of healthcare, in which genetic makeup and the environment play a major role in illness and disease, and where the focus of doctors lies primarily on the administration of treatments to cure and mitigate human ailments; and Medicine 3.0 In the context of the financial planning industry, whereas Financial Advice 1.0

Financial Advice 245

Financial Advice Medicine Financial Planning Estate Planning 245

The Chicago Financial Planner

OCTOBER 21, 2021

Increasing healthcare costs and longer life expectancies make the hill a bit steeper to climb each year. An HSA can serve as an additional retirement savings vehicle on top of your IRA or 401(k) to help cover healthcare and other retirement expenses. The rising cost of healthcare in retirement . Vision care. Medicare premiums.

Retirement Planning 193

Retirement Planning Accounting Retirement Planning 193

Harness Wealth

NOVEMBER 12, 2024

As the year comes to a close, now is the time to review potential financial moves to help minimize your tax burden heading into 2025. Proactive year-end tax planning can lead to significant savings and set you up for financial success in the new year. Find your next tax advisor at Harness today. Starting at $2,500.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Carson Wealth

OCTOBER 24, 2024

Taxes One of the biggest financial considerations for Americans retiring abroad is understanding how taxes will work. is one of the few countries that taxes its citizens on worldwide income, regardless of where they reside. tax return every year. To avoid double taxation — paying taxes both in the U.S.

Retirement 143

Retirement Healthcare Taxes Medical 143

WiserAdvisor

MAY 22, 2025

In 2023, healthcare spending in the U.S. With medical inflation outpacing general inflation, ignoring healthcare in your retirement plan is a risk no one can afford. Factoring in retirement healthcare costs is a smart move. Below are 5 things you can do for retirement healthcare financial planning: 1.

Healthcare 59

Healthcare Retirement Planning Retirement Planning 59

Nerd's Eye View

AUGUST 12, 2022

Also in industry news this week: FINRA has submitted a revised proposal to reform the process for broker-dealers to request expungement of client disputes from their public record, which allows state securities regulators to be informed of and involved in the arbitration hearings that decide whether the expungement is granted.

Financial Planner 245

Financial Planner Retirement Healthcare Numbers 245

Nerd's Eye View

OCTOBER 20, 2023

Also in industry news this week: The latest update on the status of the Department of Labor's proposed regulation related to fiduciary advice on retirement accounts and why the agency is referring to it as a "retirement security rule" rather than a "fiduciary rule" A report suggests that RIA M&A surged in the 3rd quarter, as large acquirers resumed (..)

Financial Planner 246

Financial Planner Retirement Planning Retirement Insurance 246

Advisor Perspectives

AUGUST 29, 2024

They are a more tax-efficient means of investing, withdrawing money to cover large healthcare expenses, or simply preparing for higher medical costs in one’s later years. HSAs are increasingly coming into use.

Taxes 81

Taxes Investing Investments Healthcare 81

Carson Wealth

SEPTEMBER 5, 2024

Whether you’re enrolling for the first time or considering a change, these tips will help you choose a plan that fits your healthcare needs and budget. It’s a supplemental insurance plan that can help pay some of the healthcare costs not covered by Original Medicare, like copayments, coinsurance, and deductibles.

Healthcare 141

Healthcare Medical Planning Retirement 141

Carson Wealth

MAY 29, 2025

Do you know how you will take money from your 401(k) or IRA, how you will take Social Security, how to be tax-smart with your income planning? Be Proactive with Taxes You cant stop taxes, but you can be smart about them. In your retirement years, this is especially important as the tax landscape will most likely change for you.

Retirement Planning 52

Retirement Planning Retirement Planning Taxes 52

Fortune Financial

AUGUST 8, 2023

Healthcare Costs After Retirement — Securing Your Parents’ Future Retirement is a long-awaited phase of life where individuals can enjoy the fruits of their labor and enjoy well-deserved rest. However, one significant concern that often lingers in the minds of retirees and their families is healthcare costs.

Healthcare 52

Healthcare Retirement Medical Insurance 52

Fortune Financial

AUGUST 8, 2023

Healthcare Costs After Retirement — Securing Your Parents’ Future Retirement is a long-awaited phase of life where individuals can enjoy the fruits of their labor and enjoy well-deserved rest. However, one significant concern that often lingers in the minds of retirees and their families is healthcare costs.

Healthcare 52

Healthcare Retirement Medical Insurance 52

MainStreet Financial Planning

OCTOBER 24, 2024

In today’s world of rising healthcare costs, it’s essential to find smart financial tools that can help manage expenses while also supporting long-term goals. 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.

Accounting 98

Accounting Medical Healthcare Taxes 98

Nerd's Eye View

AUGUST 12, 2022

Also in industry news this week: FINRA has submitted a revised proposal to reform the process for broker-dealers to request expungement of client disputes from their public record, which allows state securities regulators to be informed of and involved in the arbitration hearings that decide whether the expungement is granted.

Financial Planner 175

Financial Planner Retirement Healthcare Numbers 175

Harness Wealth

FEBRUARY 5, 2025

The rise of remote work and digital nomadism has made FEIE a common tax minimization strategy for Americans living abroad. What is the Foreign Tax Credit (FTC)? Financial and lifestyle considerations of living abroad The importance of professional tax advice for expats FAQs about the FEIE What is the Foreign Earned Income Exclusion?

Taxes 52

Taxes Compliance Accounting Government 52

Trade Brains

NOVEMBER 4, 2024

The increase in healthcare insurance is growing with the population. healthcare sector which focuses on both Payers (health insurance companies) and Providers (hospitals and physicians). The finance cost has also reduced year on year and even lower current tax has ensured better profits. The GMP was Rs. 0 a day later.

Healthcare 52

Healthcare Clients Insurance Management 52

Carson Wealth

OCTOBER 3, 2024

While some costs, like commuting or work-related expenses, may decrease, other areas, like healthcare and leisure activities, may rise. It’s also tax-preferred at the federal level and completely tax-free in many states. Plan for Healthcare Healthcare is one of the biggest uncertainties in retirement planning.

Retirement 96

Retirement Healthcare Retirement Planning Taxes 96

WiserAdvisor

OCTOBER 11, 2022

While these can be avoided, there is another cash outflow that can considerably lower your savings and returns and is also hard to avoid – tax. Tax planning is essential. Tax is charged on every penny you earn. Tax evasion is a crime, and missing tax payments can lead to legal hassles that can be hard to get out of.

Financial Planning 80

Financial Planning Accounting Taxes Planning 80

Advisor Perspectives

APRIL 25, 2025

A tax-advantaged account offers certain tax benefits to encourage individuals to save or invest for specific purposes, such as retirement, education or healthcare. These accounts can help you lower your taxable income, defer taxes or avoid taxes altogether if used for qualified expenses.

Accounting 52

Accounting Taxes Financial Planning Healthcare 52

James Hendries

SEPTEMBER 25, 2022

Review Your Healthcare Options. If you’re retiring after age 65, you may qualify for Medicare—government-sponsored healthcare coverage available to those who have paid FICA taxes during their working years. Withdrawals prior to age 59 ½ may result in a 10% IRS penalty tax in addition to current income tax.

Retirement 98

Retirement Medical Healthcare Budgeting 98

Zoe Financial

FEBRUARY 24, 2025

Sector Performance : Energy, healthcare, and communication services are outperforming; technology and consumer discretionary sectors are underperforming. Zoe Financial is not an accounting firm- clients and prospective clients should consult with their tax professional regarding their specific tax situation.

Marketing 52

Marketing Marketing Healthcare Taxes 52

Validea

OCTOBER 18, 2022

In a year when roughly 416 stocks have declined, most investors will likely have something to sell when tax season rolls around, contends an article in Barron’s. Quick Links Validea Special Discount Offer Top Value Stocks in Today’s Market Screen for Stocks Using Peter Lynch’s GARP Method.

Taxes 105

Taxes Healthcare Retail Banking 105

Harness Wealth

OCTOBER 8, 2024

Key Takeaways: The Harness Marketplace allows your tax firm to be paired with high-value tax clients whose unique needs align with your expertise. The Harness Marketplace attracts employees, founders, and investors in tech, healthcare, management consulting, and other high-earning industries who need help managing complex tax needs.

Taxes 52

Taxes Clients Tax Planning Healthcare 52

Harness Wealth

MAY 14, 2025

Filing taxes in Hawaii requires a clear understanding of the specific forms and procedures unique to the state. Unlike federal tax forms, Hawaii tax forms are tailored to meet the state’s tax laws and regulations, ensuring residents and non-residents alike comply with local requirements.

Taxes 52

Taxes Tax Planning Medical Consulting 52

WiserAdvisor

AUGUST 31, 2023

A financial advisor can help with maximizing your retirement income through tax planning After retirement, your income sources may become limited to pensions, Social Security benefits, and investment income. A financial advisor can craft tax-efficient withdrawal strategies to minimize the tax burden on your retirement income.

Financial Advisor 90

Financial Advisor Retirement Risk Tolerance Estate Planning 90

Cornerstone Financial Advisory

DECEMBER 16, 2024

Meanwhile, the Dow fell as healthcare stocks came under pressure. ” – Alfred, Lord Tennyson Tax Tip… Have You Created Your IRS Online Account? This information is not a substitute for individualized tax advice. Please discuss your specific tax issues with a qualified tax professional.

Marketing 52

Marketing Marketing Taxes Economics 52

Abnormal Returns

JANUARY 5, 2023

permanentequity.com) Spinoffs GE HealthCare Technologies ($GEHC) is now publicly traded. ft.com) Good news for SPACs have been scarce, this tax ruling helps on the margin. (bloomberg.com) Content Five insights from Bob Pisani's book "Shut Up and Keep Talking: Lessons on Life and Investing from the Floor of the New York Stock Exchange."

Financial Advising 130

Financial Advising Startup Healthcare Media 130

MainStreet Financial Planning

JUNE 13, 2023

Once your new dependent arrives your monthly premiums for healthcare will increase. Take advantage of tax breaks. Be sure to take advantage of child and dependent care tax credits when filing your taxes. Review your health coverage. Plan for out-of-pocket costs for fertility treatments and costs to deliver your baby.

Insurance Coverage 98

Insurance Coverage Budgeting Healthcare Estate Planning 98

Financial Symmetry

APRIL 22, 2025

Do you expect any healthcare needs for yourself or your loved ones? Or, consider a Roth IRA conversion while values are down, which can amplify future tax-free growth. Harvest Tax Losses Have some of your recent investments lost value? Tax-loss harvesting can reduce your taxes now and allow you to reinvest for the recovery.

Marketing 62

Marketing Marketing Financial Planning Planning 62

Advisor Perspectives

NOVEMBER 27, 2023

I'll share the impact healthcare costs have on financial plans, the critical healthcare information to include (such as medical tax deductions and IRMAA), how to budget for costs in a world of variables, and tangible strategies to implement during open enrollment and beyond to ensure clients are on the optimal coverage.

Planning 75

Planning Healthcare Medical Budgeting 75

WiserAdvisor

OCTOBER 4, 2022

There are multiple factors to weigh in, right from healthcare and inflation to estate planning, business succession planning, tax planning, and more. Healthcare: Evidently, the first expense to be worried about is healthcare. This is why healthcare remains one of the most significant expenses you can have in retirement.

Budgeting 102

Budgeting Retirement Healthcare Food 102