by Service2Client | Feb 1, 2025 | Blog, Financial Planning
With a Roth IRA, the owner can make limited contributions each year. In 2025, the limit is $7,000; $8,000 if age 50 or older. Only people who earn less than $150,000 (single filers) or under $236,000 (married filing jointly) can make a full Roth IRA contribution....
by Service2Client | Jan 1, 2025 | Blog, Financial Planning
Whether you file your income tax return early or at the last minute, there are ways to simplify the process and reduce what you owe – or even increase your refund – before the deadline.Filing Simplification TipOnce you receive your W-2 and/or 1099 tax...
by Service2Client | Dec 1, 2024 | Blog, Financial Planning
Step 7: Find Your Raison d’EtreWhat do you consider to be your purpose in this world? Few people think about their life that way. In Japan, they call it your ikigai. In France, they refer to your raison d’etre. For Americans, that roughly translates to...
by Service2Client | Nov 1, 2024 | Blog, Financial Planning
Step 6: Looking to Legacy Planning to Address Future Needs of FamilyHow do you want to be remembered? People often view their legacy as a way of disseminating assets to charitable venues to be remembered as passionate and generous supporters. That is one aspect of a...
by Service2Client | Oct 1, 2024 | Blog, Financial Planning
Step 5: Estate PlanThe value of an estate plan is twofold. Yes, you want to pass your assets on to heirs in a seamless and tax-efficient manner. But it is also a roadmap to help your heirs understand the full breadth of your assets, where they are located, and how...
by Service2Client | Jul 1, 2024 | Blog, Financial Planning
Step 2: Clarify GoalsYou’re never too young to start a bucket list. That’s because some things (such as bungee jumping) you probably want to knock out in your twenties. Women may want to have children before their forties – that sort of thing. A...
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