As someone who doesn’t typically worry about the incremental costs of goods and services, you may be more concerned about how record inflation will affect your long-term investments. Let’s take a look at the potential impacts inflation can have on your investments and the steps you can take to keep your financial growth on an upward trajectory.
Knowing that tax rates are on the rise is enough information to take action now to safeguard your nest egg in retirement. Here is why I am encouraging my high-income earning clients to harvest capital gains before December 31, 2021 - and you may want to as well.
529 Plans are very popular college savings tools but what happens if you save more money into them than your child needs for college? Hint: It's not as bad as you think! There are many ways to benefit from these plans without fear of "over-saving". Let's explore.
Employee Stock Purchase Plans (ESPP's) are a form of employee benefit that offers a discount on the purchase of company stock. We are seeing them more and more in employee benefit plans. Should you be taking advantage of these plans? Should you prioritize them over funding your more traditional 401(k) vehicle? Let's dive in and explore!
Unlike your 401(k), self-directed IRA's contain the flexibility of holding investments in things like real estate, business interests, commercial properties, hotels, etc. But is owned a property inside an IRA a good idea? What are the pros and cons with this type of ownership? What are some things to be aware of before going down this path?
The Biden administration has proposed the elimination of the "step-up in basis" loophole that Americans have been taking advantage of for years. What does this mean? What planning steps do we need to consider if this does get written into law? How can we proactively navigate this potential change?