Blog
Blog
How a Donor-Advised Fund Can Help Your Charitable Giving
Giving is an important part of our society. It provides us the opportunity to support causes we believe in and make a positive impact. Giving isn’t always about donating money. It can also include volunteering time or donating goods and resources. Here are some examples of the impact:
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How to Use a Trust as a Financial Planning Tool
Clients frequently ask whether they should leave their assets in a trust. It depends. Of course, if your net worth exceeds $11 million, putting your assets in specific types of trusts can be helpful for federal estate tax issues. However, for most Americans, federal estate taxes will not be a major concern.
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How Your Employee Benefits Fit into Your Financial Plan
Your Health Savings Account (HSA) is a cornerstone of your benefits planning. The money is triple tax-advantaged – contributions, growth and withdrawals for qualified expenses are not taxed. This account is like nothing else, and you need to take full advantage of it.
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Holy Cross Services Homeless Services at the New Hope Community Center Lansing, Michigan
Our core values here at Equanimity Wealth Management is OTHERS. Others First – Serving our clients’ and communities’ needs before our own. Teamwork – A collaborative effort, emphasizing our respective strengths, focused on client outcome Honesty – A mutual relationship built o n trust, transparency, and accountability Excellence – Aspiring to do out best at every opportunity Respect – Showing consideration, regard and kindness to others Service – The art of putting others first that helps another person or solves their challenges In living our core values, we not only donate to several charities...read the full article
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In the SECURE Act Era, You’ll Need a New Retirement Strategy. Roth Conversions Could Be It.
But when the SECURE Act goes into effect – expected on Jan. 1, 2020 – beneficiaries will have to fully distribute taxable accounts within 10 years of the account holder’s death. That could push your loved ones into a higher tax bracket.
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401(k) Options When Leaving Your Employer
Published by Jake Dungey You’ve come to the point where it’s time to separate service from your employer and being the type of person that wanted to be prepared for your financial future, had decided to participate in the company 401(k) plan. Now you’re thinking, “what options do I have with this money?”.
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Yes, Social Security Income Is Taxable – But Yours Doesn’t Have To Be
As you move toward retirement, you can’t be content just to accumulate assets. You need to develop a retirement income plan that can help guide you when it comes time to turn savings into sustainable retirement income.
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Financial Planning Lessons from Mary Poppins
published by Kate Moss My favorite movie as a kid (and maybe still today 😉 ) was ‘Mary Poppins’. I absolutely wanted to slide down a banister, have a tea party in the air because you were laughing non-stop, and jump into a sidewalk chalk drawing for an exhilarating adventure. But I also related to Michael’s story of learning to save his tuppence at his father’s bank. Which likely was the first stepping stone to my career in financial planning.
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Compounding Wealth (and Wisdom)
No single strategy works forever, but you also don’t want to change your approach every time the markets shift slightly. How does investing work – not just for a season or a year or two, but for a lifetime? Time is a major factor when it comes to successful investing.
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Three Important ‘Stocks At An All-Time High’ Planning Considerations
Published by Scott Danek This year has been one of those years when it seems like almost daily you hear about the ‘stocks at an all-time high’. While this kind of year is usually more ‘fun’ for investors, it should lead to three important financial planning considerations.
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