Sunwook Jin, CFP®, CRPC®, CMFC®, EA President Biden’s Build Back Better plan and potential tax law changes has raised some questions. If you turn on the news, it’s hard to go one broadcast without hearing speculation about it. One of the main talking points is “Will there be an adjustment to capital gains taxes?” There … Continue reading Will Taxes on Capital Gains Change?
Bill Gordon, AIF® As the year comes to an end and we hit the holiday season you may be in a giving mood. If that giving mood leads you to donating to a charity or non-profit organization then you clicked on the right blog. If you don’t want to make the traditional cash gift, then … Continue reading In a Giving Mood? Here Are Some Charitable Giving Ideas Besides Cash
Sunwook Jin, CFP®, CRPC®, CMFC®, EA There have been a lot of rumblings about what the COLA adjustment was going to be. First it was 4.7% and then 6.1%, but now we have an answer. On October 13, 2021, the Social Security Administration (SSA) officially announced that Social Security recipients will receive a 5.9% cost-of-living … Continue reading 2022 COLA Announced by SSA
Bill Gordon, AIF® Medicare’s annual open enrollment period began on October 15 and will end on December 7. During this window, current Medicare beneficiaries can adjust their coverage for the coming year if they wish and the changes to your plan will go into effect on January 1, 2022. Use this time as an opportunity … Continue reading Medicare Open Enrollment is Here
Sunwook Jin, CFP®, CRPC®, CMFC®, EA We live in a time where most things are readily available to us. So many industries have adapted over time, and it has created this phenomenon of instant gratification. If you are trying to find information, no more going to the library to check out a book, just google … Continue reading Investing – Long Term vs. Short Term
Bill Gordon, AIF® As we near the end of the year there are going to be some opportunities to make sure you get your finances in order. It’s important to check off your annual financial to-do list. There are a few other money moves to be aware of as we come to a close on … Continue reading More Year-End Money Moves
Sunwook Jin, CFP®, CRPC®, CMFC®, EA Most likely, you’ve heard what’s brewing in Washington, D.C. regarding taxes. It seems to be in the news every day. The Build Back Better Act, the $3.5 trillion budget reconciliation bill, or the Jobs and Economic Recovery Plan for Working Families, whatever you know it as you know it … Continue reading Taxes May Be Changing, Will Yours?
Bill Gordon, AIF® A funny thing happened in the investment markets the other day. September was living up to its reputation as a volatile month, but then the Federal Reserve came to the rescue. The Fed concluded its Federal Open Market Committee meeting on Wednesday, September 22. It announced that it might start tapering its … Continue reading Fed Tries to Save September
Sunwook Jin, CFP®, CRPC®, CMFC®, EA What financial, business, or life priorities do you need to address for the upcoming year? Now is an excellent time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to managing your taxes. Full disclosure, you can take … Continue reading Annual Financial To-Do List
Bill Gordon, AIF® Healthcare can be one of the priciest yet essential parts of life’s journey. And yet, many struggles to utilize the financial tools that may help. Take Health Saving Accounts (HSAs), for example. In 2019, 55% of those with HSAs that did not record a distribution also did not receive either employee or … Continue reading The Underutilized Benefits of a Health Savings Account