Tag Archive for: professional advice

These Are The 3 Biggest Retirement Plan Rollover Mistakes, Expert Says. Here’s How To Avoid Penalties

It’s easy to lose money to taxes and penalties when moving money between accounts. A lot of investors make costly rollover mistakes without consulting a professional for guidance. There are three common rollover mistakes to avoid to protect your assets.

How To Turn Stock Losses Into Tax Savings, And Other Ways To Trim Your Tax Bill

There’s not much you can do to stop interest rates from climbing or stocks from falling. Still, you may have more control than you realize when it comes to another financial pain point that can significantly impact your budget — your taxes. For several moves to consider to improve your chances of tax savings, CLICK ON THE HEADLINE

Have You Made These Year-End Tax Moves? Here’s How to Keep More of Your Money

It's already the second week of October so you may want to consider some tactical year-end tax moves to save money. CLICK ON THE HEADLINE FOR MORE

How to Talk to Your Aging Parents About Their Finances. And Why It Matters Now.

As parents age, there’s a need to ensure they are on solid financial footing. It’s also important to know what resources you might expect to inherit someday for your own planning purposes. CLICK ON THE HEADLINE FOR MORE

What to Know About IRS Unemployment Refunds

With federal enhanced unemployment benefits soon running out,  you may soon have some unanticipated money heading directly to your bank account or mailbox. No, not a fourth stimulus check, but a tax refund on 2020 unemployment benefits. FOR A BREAKDOWN ON EVERYTHING, CLICK ON THE HEADLINE

Couples May Score A Bigger Tax Break With This Flexible Spending Account Strategy

The American Rescue Plan boosted child-care assistance through temporary changes to dependent-care FSAs. The law increased 2021 dependent-care FSA limits to $10,500 from $5,000, offering a higher tax break on top of existing rules allowing more time to spend the money. CLICK ON THE HEADLINE FOR MORE