Retiring this year? One of the biggest changes you may face in retirement comes on your annual tax return—here’s how you can make sure you take advantage of these 4 tips for cutting your tax bill in retirement.
Lawsuits are a reality that many people face today. You can be sued for almost anything, so what steps can you take as a small-business owner to protect yourself—and ideally avoid a lawsuit before it even happens?
Having a little bit of extra cash saved up is a luxury, but are you really making the most of it? Here are some ways you can make sure your extra savings are being put to good use.
A lasting legacy consists of more than just passing along assets. Imparting your wisdom, values, and work ethic upon your heirs is possibly the most valuable inheritance since those virtues can enrich lives for generations to come. Thankfully, there are ways you can share your values with your beneficiaries including sharing your story and clearly defining your wishes.
Think of human capital as a toolbox. Every skill, experience, and ability you have is like a different tool. What does your unique collection look like? What do your business needs entail from a human capital perspective?
Giving back through charitable donations is one of the most lasting, satisfying ways you can have an impact on the world. Supporting organizations you value, whether they are feeding the homeless, educating the next generation, or bringing arts and music to your community can be one of the great rewards of success. You can support charities in simple ways by writing a check, volunteering for a few hours a week, or donating goods or property. However, you may also want to consider other vehicles that can increase your impact and cut your tax bill. Here are some financial vehicles that can be used for charitable giving.
As a parent, you’ve made sure your kids have had a safe, secure foundation for growth throughout their lives. You’ve made it possible for them to become the people they are and realize their full potential. And, while finances aren’t the only piece of the puzzle, they are an important one. If you’ve thought about legacy planning at all, you may have considered it something you could put off for a while. It’s a task you might have intended to tackle after the endless rounds of meals, laundry, and carpooling have settled down.
Is your insurance company working primarily for you as a policyholder, or does it answer first and foremost to its investors? The answer to that question can have important ramifications, affecting everything from what an insurer invests in and how it manages risk to how it treats its customers, employees, and the surrounding community.
One crucial element of your investing journey is understanding dividends and their role in building wealth. These payments can help investors grow their overall worth while providing opportunities to increase cash gains or reinvest in financial vehicles. With a few different ways to maximize the advantages of dividends, we’re taking a closer look at this monetary sum and how it can benefit investors.
It’s tax season again, and you’ll want to make sure you take advantage of all the deductions and tax-saving strategies available to you. Fortunately, you don’t have to navigate the complexities of the tax code on your own.
One crucial element of your investing journey is understanding dividends and their role in building wealth. These payments can help investors grow their overall worth while providing opportunities to increase cash gains or reinvest in financial vehicles. With a few different ways to maximize the advantages of dividends, we’re taking a closer look at this monetary sum and how it can benefit investors.
Annuities have been around for centuries as a way to create a retirement income stream. Yet they’ve taken heat in recent years due to bad products or unscrupulous companies corrupting their image. In our higher interest rate environment, annuities are back in the spotlight, but what exactly are they, and how might they work inside an overall financial plan?