Remove Insurance Coverage Remove Investment Advisor Remove Taxes
article thumbnail

Balancing Multiple Residences: Navigating Tax Considerations, Legal Documentation, and Insurance Coverage for Snowbirds

Ballast Advisors

Join us as we delve into the tax strategy, legal documentation, and insurance coverage considerations needed to successfully balance the ownership of multiple residences for snowbirds. When it comes to tax considerations for snowbirds, there are several factors to keep in mind.

article thumbnail

A Snowbirds Guide to Managing Multiple Residences

Ballast Advisors

At Ballast Advisors, we understand the unique challenges faced by snowbirds and are here to provide guidance and support on this journey. Join us as we delve into the tax strategy, legal documentation, and insurance coverage considerations needed to successfully balance the ownership of multiple residences for snowbirds.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Intel Severance Package: Your Complete Guide & Action Plan

Cordant Wealth Partners

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.

article thumbnail

Intel Severance Package: Your Complete Guide & Action Plan

Cordant Wealth Partners

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.

article thumbnail

Strategic Advisory Letter | 2015 Year-End Planning Checklist

Brown Advisory

As 2015 comes to a close, we remind our clients and friends of how important it is take time to review new tax rules, consider tax-saving opportunities and review investment and asset-protection plans before year’s end. The highest federal marginal tax bracket in 2015 is 39.6% (as it was in 2014). Thu, 11/12/2015 - 11:10.

article thumbnail

The 5 Pillars of Retirement Planning You Should Be Aware of

WiserAdvisor

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.

article thumbnail

How Much Should I Have Saved in My 30s?

Carson Wealth

Establishing Appropriate Insurance Coverage  . But as more people, organizations and family finances are dependent on you, your need for insurance has never been greater. However, these allow employees to contribute to tax-advantaged health care savings accounts (HSAs). Reinforcing Positive Financial Behaviors  .