Resources & Videos
Currently with the high demand for customized financial plans & advice, we are not currently on-boarding new clients
SECURE Act 2.0: RMDs, 529-to-Roth Rollovers, and Tax Planning
Congress recently passed #SECURE Act 2.0, which will bring several changes to retirement account rules. @Derek with @ThreeLeafFinancial and @erinkennedy break down the big takeaways and some unique opportunities, including: -RMD Age Increase -529 Plans -401(k) Opportunities Keep in mind, when you delay those Required Minimum Distributions, it will lead to larger account balances at death, which could create a significant tax burden for your beneficiaries, which is why proactive tax planning is so important. #RMDs #401ks #529 #TaxPlanning #WealthManagement #Taxes #Roth
A Smart Alternative to High Yield Bonds
2022 was a tough year for investors, and a lot of us may not realize there are strategies that a lot of the pros utilize, which are great complements to traditional #stocks and #bonds. As @Derek with @ThreeLeafFinancial explains to @erinkennedy, Structured Notes offer a unique source of risk and return. Derek and Erin break down the three types of Structured Notes, including: -Principal Protected -#Income or Yield -Growth We know the Fed will continue to raise rates in 2023, which will affect the value of bonds. Now is a great time to consider complementing your portfolio with notes that can add protection or create income.
Three RMD Strategies to Reduce Your Tax Burden
If you're nearing the age to take Required Minimum Distributions, or #RMDs, and you want to avoid the extra income and its tax implications, @DerekS with @ThreeLeafFinancial and @erinkennedy break down three strategies to consider. Derek recommends these strategies to help reduce your tax exposure: 1. Consider taking RMDs as early as possible (age 59 ½) 2. Roth Conversions 3. Qualified Charitable Distributions, or #QCDs Keep in mind, RMDs are income, so taking those distributions can boost your taxable income and your income taxes for the year, which is why strategic #tax planning is so important. If you have any questions about these strategies, or if you'd like to determine if a #Roth Conversion or QCD is right for you, please reach out to Derek for a free consultation
Please enjoy our Newsletter covering "Traveling on a Budget" and the tough subject of "Transitioning to Assisted Living". Many subjects that are discussed in all financial planning conversations are not always pleasant but finding a place to discuss them is the most important part. We hope you find value in the read.
Please enjoy our Newsletter covering the lifestyle of a "Dual Resident", maintaining two homes. In addition to this, we cover "How to be prepared financially for 2019" and "How to write a Family Novel and why". We hope you find value in the read.
Please enjoy our Newsletter covering Retirement Savings at any age. There is guidance for Baby Boomers, Gen X'ers and Millennials. Additional topics included; protecting your financial life as a caregiver, tips for driving in winter weather and keeping your home ready for guests.
Market movements, business decisions, economic events, politics, interest
rates—many factors can influence the performance of your investments. Instead of worrying about events that are out of your hands, focus on optimizing what’s in your control.