Financial Planning, Life Events, Tax Planning, Tips and Tricks
In today’s economic uncertainty, business closures and layoffs are increasingly common. The loss of a job can cause serious stress both personally and financially. To help you through a disruption in employment, we’ve created the checklist “What Issues Should I...
Building Wealth, Financial Planning, Tips and Tricks
When an investor has a surplus cash on hand that they want to save for the future, they often need help identifying all of the different account types to consider. This checklist provides a structured outline to guide available and appropriate saving strategies. It...
Retirement Planning, Tips and Tricks
401(k)s and IRAs have many unique features that may be beneficial to you depending on your circumstances. The decision to roll funds out of a former employer’s plan involves more factors than just fees and investment selection. To help make this analysis easier, use...
Financial Planning, Investing, Retirement Planning, Tips and Tricks
In certain cases, you may be eligible to make a Mega Backdoor Roth IRA contribution. At a high level, this involves an investor making a non-Roth, after-tax contribution to their 401(k), then rolling it out of their 401(k) into a Roth IRA. Under the right...
Family and Finances, Financial Planning, Health Care, Retirement Planning, Tax Planning, Tips and Tricks
The HSA contribution rules are generally straightforward. However, the rules can become complicated in years when there will be a change to healthcare coverage. Perhaps an investor is moving from individual to family coverage, or they are leaving their health plan, or...
Financial Planning, Investing, Tips and Tricks
If you earn too much, you are unable to make a regular contribution to a Roth IRA. But, there is a workaround called the Backdoor Roth Contribution. There are many factors and rules that must be considered, and complicated steps to take in order to properly implement...
