Despite the potential for capital gains, there are considerations that we review when thinking about whether to rebalance your investment portfolio
Under current tax laws, you can withdraw funds tax-free from a Roth IRA after a conversion — with certain exceptions. In this Q&A article by Karin Price Mueller for NJMoneyHelp.com, Kelly Henning, CFP®, MSFS shares her insights into these exceptions.
Whether you file your own tax returns or hire a tax preparer, it is a great sense of relief when your returns are filed, and you can check that off your list. But in financial planning, we say not so fast! We like to think of our clients’ income tax return as a vital part of your financial planning portrait.
As financial planners we are often asked, “Will I be OK in retirement?” The checklist below illustrates different items to think about as retirement approaches, from ten years before to right after retirement begins. The earlier one starts planning for retirement, the more prepared one should be not only financially, but also emotionally.
We have all given and received gifts throughout our lives, whether it be for the holidays, birthday, wedding, baptism, or bat mitzvah. Anywhere from $20 to $1,000, these gifts do not require reporting or significant planning.
A historic pandemic precipitated historic economic implications both in the U.S. and around the world. It is safe to say 2020 has been one for the record books, and it is only half over! Uncertain times like the environment we currently face breed stock market volatility, and so it is no surprise that we have seen some of the wildest swings in stock prices this year.
For working parents-to-be, planning for your baby’s arrival means far more than picking out furniture, packing a bag, and having the doctor’s number memorized. There are also a number of work and financial issues to consider. Whether your maternity/paternity leave is for a few weeks or several months, this checklist will help streamline the transition from workplace to home and back again.
It’s not uncommon for individuals to continue to work, perhaps in a different capacity or on a part-time basis, after they have retired from their full-time job. Many of our clients enjoy using their years of experience and knowledge to maintain an income stream and keep busy. But for those who used to benefit from the convenience of their employer’s payroll management, the estimated tax requirements of self-employment can come as a surprise.
Modera’s Kelly Henning and Mindy Cleaveland share their thoughts on longevity and its considerations when formulating a financial plan.
Modera's Kelly Henning shares her thoughts on high-yield and emerging-markets bond funds.