Your Comprehensive Financial Guide
Key Questions Answered: Bonus Allocation, Stock Options, Insurance, Savings, Education, and More in Your Financial Plan.
February 7, 2021
Key Questions Answered: Bonus Allocation, Stock Options, Insurance, Savings, Education, and More in Your Financial Plan.
The rise of the Roth 401k prompts a key decision: pay taxes now or later?
We customize financial checklists to suit your unique needs and goals, drawing inspiration from the meticulous approach of flight crews to ensure comprehensive planning and efficient execution.
Discover the benefits of hot tea, from increased energy to stress relief, and explore favorite flavors like Vanilla Almond & Peppermint Bark from Republic of Tea.
Focus on these four wealth-building levers to maximize your financial growth: income, savings rate, asset location, and asset allocation, as they work together to accelerate wealth accumulation.
Over 30 years, the return on a 30-year U.S. Treasury Bond has significantly decreased, illustrating the changing dynamics of investing and purchasing power over time.
Inflation hits closer to home when you realize a $100 bill today could only buy half as much in 20 years, with recent experiences like a 22% increase in the cost of a haircut highlighting its impact.
Simplify your financial planning process: Instead of lengthy documents, focus on clear, actionable steps to achieve your goals and take control of your finances, one step at a time.
The Back Door IRA strategy involves contributing to a non-deductible IRA and converting it to a Roth IRA, but if you have a Traditional IRA, it gets more complicated, so it’s best to seek guidance.
Avoid withholding during Roth conversions if you’re under 59 ½ to prevent a 10% penalty on any mismatch between the converted amount and withheld taxes.
Before initiating Roth conversions, ensure you can answer “YES” to all three essential questions, and if not, focus on accumulating cash, which serves as your conversion fuel.
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