The IRS announced new inflation-adjusted limits for retirement savings plans for 2019. How will it affect you? After six years of a $5,500 contribution limit, savers can now contribute up to $6,000 per year to their IRA accounts. For 401(k)s, the new limit is $19,000, up from $18,500. If you’re 50 years or older, the […]
read more »The economic boom that has continued since the end of the Great Recession has seen stock markets rebound and investors raking in record profits. But in 2018, the markets experienced a bit of a hiccup, with U.S. markets seeing two corrections (defined as a decline of 10% or more) and a dramatic increase in volatility. […]
read more »There has been a decent amount of turbulence in the world economy during this transitional period into the new year, to say the least. There have been plenty of ups and downs domestically as well as internationally. This article gives a synopsis of the changes that went on at the end of 2018 as well […]
read more »Cost Segregation Analysis Taxes are a necessary part of any functioning economy. And although I am sure we all would prefer a world without taxes, there are still ways that we can make our taxes work for us. The government has created tax incentives in order to create opportunities for companies to generate cash to […]
read more »Alternative assets are on the rise as HNWs look to restructure their portfolios. According to a recent survey by Connection Capital, a boutique investment firm, alternative assets such as hedge funds now make up at least 20% of one in four HNWs’ portfolios. The firm surveyed over 100 respondents and found that alternative assets such […]
read more »Tax time is fast approaching. If you’re a pensioner or retiree, you may be in for a big tax surprise if you didn’t review and adjust your withholding’s earlier in the year. The tax code underwent a major overhaul because of a new tax law enacted by Congress in December 2017 (ie: Tax Reform). Some […]
read more »Those that have worked hard and saved for retirement deserve to enjoy their golden years without having to worry about outliving their savings. With growing inflation, high life expectancy and low yield on stocks, deploying strategies and tactics that will produce constant growth and hedge against market risks are critical in retirement. Here are five […]
read more »Americans are living longer than ever, which is mostly great news for retirees and those nearing retirement. This means you’ll have more time to enjoy your grandchildren, help your community or travel the world. The downside is that many retirees are faced with the problem of outliving their savings. There’s no shortage of how-to articles […]
read more »The probate process can be lengthy, intense and sometimes very frustrating. That’s why many financial advisors advise their clients against having their estates go through probate. While the average American may have experienced a typical court hearing, few have seen or undergone a probate proceeding. Probate is a process by which the will of a […]
read more »Retirement is the end goal for most of us. It’s even in our minds in the beginning of our lives. From the first interview with that company to getting your first real paycheck, we can’t help but think, “What about that pension?” or “How much of my new paycheck will I put in my IRA?” […]
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