Documents: Store or Shred?
Technology is increasingly important in helping to organize our lives. But some things are still done by pen and paper.
An Anesthesiologist’s Life: Is Private Practice Better for You?
John is excited about the longer-term prospects of being his own boss but knows there are nearer-term benefits and conveniences he would leave behind as a hospital employee. There is a lot to consider and he’s feeling overwhelmed by this big decision.
An Anesthesiologist’s Life: Why You May Need Disability Insurance
There could be significant implications to John’s ability to conduct his job if he were to suffer from a permanent or even temporary bodily injury, or experience future difficulties with his mental facilities.
An Anesthesiologist’s Life: Protecting Your Assets
The average anesthesiologist earns a wage of $271,440, nearly five times the national average annual salary of all other professions. The longer you practice in this field, the more important it becomes to have a plan to protect your nest egg.
Coulda/Shouda/Woulda: Disability Insurance and the Business Owner
This question-and-answer article is designed to help small business owners better understand the disability insurance/wealth management relationship.
The ABCs of RSUs (Restricted Stock Units)
Do you work for an employer that granted you restricted stock units (RSUs)? This form of non-cash compensation has become increasingly popular among start-ups and Fortune 500 companies alike that are using RSUs to lure new hires and retain senior executives to create a culture of ownership. As employers continue to grant fewer stock options than in years past, the granting of RSUs is becoming more common.
How COLA Can Affect Social Security Benefits
During 2020, an estimated 65 million people in the United States will receive over one trillion dollars in Social Security benefits, while the average retiree will get a monthly Social Security check of $1,514. That is a big financial help for many. Unfortunately, Social Security recipients are not seeing much of an increase in their checks these days. The Social Security Administration uses its official Cost Of Living Adjustment, or COLA, to determine how much these benefits increase each year
Modera and Your CPA
Chances are, you have more than one financial professional in your life. If you’re a client of Modera, in addition to your financial advisers, you may also have a Certified Public Accountant (CPA) who does your tax planning. Since your CPA has a different role in your financial life than your Modera advisors, we find it most advantageous for you if we all work together.
Have a Household Employee? Be Sure to Follow the Tax Rules
If you pay wages of more than $2,000 per year to any single household employee, or more than $1,000 to all household employees in any calendar quarter, you may be responsible for paying federal Social Security, Medicare, and unemployment taxes.