Did you know that a portion of your Social Security benefits may be subject to income tax? This occurs when your modified adjusted gross income (MAGI), plus 1/2 of your benefits, exceeds specified limits.
Is now a good time to buy gold?
Gold has long been a popular choice for investors seeking stability and diversification in their portfolios as the commodity has historically been used to hedge against economic uncertainty and...
What IRS services are available online?
As part of the Inflation Reduction Act passed by Congress in August 2022, the Internal Revenue Service (“IRS”) recently released its plan for the nearly $80 billion in additional agency funding. A...
Should I be concerned over the current debt ceiling debate?
The fight over the debt ceiling has been dominating news cycles lately. Understandably, this has created concern among many of our clients and spurred a variety of questions about our expectations...
Am I having enough taxes withheld?
Filing your taxes can be a daunting task. This is especially true when you are not confident that you had enough taxes withheld from your paycheck throughout the year. If you have had too little...
Should I be worried about the Silicon Valley Bank collapse?
The fall of major banks like Silicon Valley Bank, Signature Bank, and Credit Suisse have rightly spooked investors and raised questions about the relative health and sustainability of the banking...
What does Medicare cover?
WHAT DOES MEDICARE COVER? Most people are familiar with Medicare Part A (inpatient/hospital coverage) and Medicare Part B (outpatient/medical coverage). These two parts combined make up what is...
Should I sell a stock when the price declines?
SHOULD I SELL A STOCK WITH A DECLINE IN PRICE Deciding whether to sell or hold a stock can be one of the most difficult and important aspects of investing in equity markets, as our emotions can work...
Wealth Management Q&As
Wealth Management is more than investment management. It considers the larger picture. While your investments are critical to your success throughout retirement, it is also important to understand how your taxes, finanical plan, estate, and insurance can affect both your overall situation. Do you know when you should begin collecting social security to maximize its benefit? Have you followed the necessary steps to help your assets pass efficiently to your heirs, avoiding probate? If 529 plans are applicable to you, have you considered 529 plan superfunding or how to maximize 529 plan tax advantages? Our wealth management Q&As consist of popular topics among our clients and are not limited to investment management.