What Is a Custodial IRA?
Most parents worry about their children as they grow up; however, you'd think that would stop once they reach adulthood. Parents always look to set their children up for a ...
Tax Planning
Proactive Tax Strategies
Effective tax planning involves analyzing income, investments, and financial strategies to leverage tax-efficient investment vehicles, deductions, and credits.
Wealth advisors use advanced techniques such as tax-loss harvesting, strategic asset allocation, and income splitting to reduce taxable income and manage tax brackets. By incorporating proactive tax strategies into financial planning, clients can preserve and grow their wealth more effectively, ensuring that tax implications are thoughtfully addressed in achieving their long-term financial goals.
Articles of Interest
Gig Worker Retirement Strategies
Over the past several years, there has been a significant rise in gig workers and the number of affiliated companies that utilize them. In fact, in 2017, the Bureau of Labor ...
Getting Your Retirement Back on Track
The one-two punch dealt by the Great Recession of 2007-2009, followed by economic damage from the COVID-19 pandemic may have ...
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