While we had prepared for the changes to rules regarding charitable donations and medical deductions, many of my clients were still surprised at how different their tax return was, and have asked what to do going forward. Something that my clients, as well as many others, will likely benefit from is...
If your tax bracket has changed for the better...it's possible that converting your Traditional IRA to a Roth might make sense for you. What exactly should you consider?
Since the IRS published its first report of the current tax season, I have seen a lot of "talk" about how tax refunds are lower than average. I have also seen multiple posts on how taxes are down. How can these things both be true?
Student loan debt is reality that many adults grapple with on a daily basis. When the time arrives that you can decide what to pay off next, should you pay off the student loan?
QUESTION: Kevin, should I buy this annuity? ANSWER: Probably not. Slightly more helpful answer: It's not likely to be the best investment vehicle for you. Annuities have high fees and long reaching tax implications that make them poor choices for most people. If we look at your entire financial picture, we are apt to discover more fruitful ways of building your long term wealth and securing your financial future.
When it comes to retirement planning, there are four variables any couple needs to evaluate prior to turning in the notice. These variables include. . .
Today, I am launching the Step By Step Financial blog. The purpose of this blog will be to share ideas and thoughts regarding the financial planning needs of those on the cusp of retirement.