Jun 30, 2020 | Investing, Taxes & Financial Planning
This vital investment account question should be answered sooner rather than later. Investment firms have a new client service requirement. They must now ask you if you would like to provide the name and information of a trusted contact.1 You do not have to supply...
Jan 22, 2020 | Financial Planning, Retirement, Taxes & Financial Planning
The I.R.S. just increased the annual contribution limits on IRAs, 401(k)s, and other widely used retirement plan accounts for 2020. Here’s a quick look at the changes. -Next year, you can put up to $6,000 in any type of IRA. The limit is $7,000 if you will be 50 or...
Jan 6, 2020 | Taxes & Financial Planning
2019 IRA Deadlines Are Approaching Here is what you need to know. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 1, 2020, is the deadline to take your Required Minimum Distribution (RMD) from...
Feb 21, 2019 | Estate, Retirement, Taxes & Financial Planning
Making Charitable Donations of Stock If you’re charitably inclined and hold meaningful amounts of appreciated stock, such as shares acquired from a stock option exercise, restricted stock/RSU vesting, or ESPP purchase, donating stock instead of cash can be a smart...
Feb 21, 2019 | Estate, Retirement, Taxes & Financial Planning
The Qualified Charitable Distribution – Tax Magic for Seniors Many seniors find that their newly severely restricted itemized deductions fall short of their personal deductions ($24,000 married filing jointly). So their charitable contributions may be worth zero...
Jan 29, 2019 | Taxes & Financial Planning
Key Financial Data 2019 Nearly all the key items that affect one’s personal finances are contained in this easy to follow format. Talk to your financial advisor for more information. DISCLOSURE Registered Representatives offer Securities through The O.N. Equity...
