Planning for Prosperity / Wealth Management Advisor
Showing 49–64 of 361 results
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Why investors should care about market cap
November / December 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 376
Abstract: There are many ways to diversify an investment portfolio. But one important diversification strategy that some investors overlook is size, as measured by market capitalization. This short article makes the case for spreading assets among large-cap, mid-cap and small-cap stocks.
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A look at the Roth IRA five-year rule
November / December 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 575
Abstract: To ensure that Roth IRA withdrawals are tax- and penalty-free, it’s critical to comply with the so-called five-year rule. This article reveals that there are actually two separate five-year rules: One for withdrawals of earnings and one for withdrawals of converted principal. It explains why the rules can be hard to follow.
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Welcome to the gig economy! Now, calculate your taxes
November / December 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 589
Abstract: Just like employees, “gig” workers are expected to pay their share of income tax. But calculating income tax as an independent contractor isn’t always simple. This article provides, tips, covering quarterly IRS payments, reporting Form 1099 income and deducting business-related expenses.
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Worried you don’t have enough to retire? Consider working a little longer
November / December 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 913
Abstract: A recent study confirms what financial advisors have been saying for years: People who extend their work life — even for a short time — can enjoy a lot more retirement income. This article explains why and discusses other benefits of working longer such as maximizing Social Security benefits and reducing health care costs. A sidebar examines whether retirees should follow the “4% rule” when withdrawing from retirement savings.
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ESG investing – Why you don’t have to sacrifice returns
September / October 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 424
Abstract: Socially responsible investing has been around for decades. But only in recent years has it taken off with investors. This short article explores why a strategy that once required sacrificing returns, may actually have a performance edge these days.
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Is your revocable trust fully funded?
September / October 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 551
Abstract: Individuals with a revocable or “living” trust need to ensure that it’s fully “funded.” Trust owners should transfer title of assets or designate the trust as the beneficiary of retirement accounts or insurance policies. This article explains how to do it and warns against the costly consequences of failing to fund a trust.
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Choosing your retirement destination based on taxes
September / October 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 606
Abstract: Retirees contemplating a move to another state need to consider several factors — climate, proximity to family and friends, housing costs and, of course, taxes. But as this article argues, assessing a state’s tax-friendliness isn’t always straightforward. You need to look beyond income tax and to think about financial goals, income sources and the possibility of multistate taxation.
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RMDs are back – Here’s how to soften the tax blow
September / October 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 916
Abstract: Required minimum distributions (RMDs) from IRAs and employer-sponsored retirement plans were suspended in 2020, but no such relief is available in 2021. This article looks at a couple strategies to help individuals soften the tax blow of RMDs. This includes naming a spouse as sole beneficiary and making a qualified charitable distribution. A sidebar suggests tax minimizing strategies for those nearing retirement.
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Are you responsible for your parents’ nursing home expenses?
July / August 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 351
Abstract: Can people be financially responsible for their parents’ nursing home bills if the parents can’t afford to pay them? This short article delves into filial responsibility laws (which are rarely enforced) and Medicaid’s estate recovery process.
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Overdiversification could actually hinder your investment goals
July / August 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 589
Abstract: It’s possible for investors to overdiversify or spread their investment dollars too thin across asset types and industry sectors. This article explains that the more investments in a portfolio, the harder it can be to keep track of all of them. Also, it’s more likely that the portfolio will contain overlapping securities. And, with a certain higher level of diversification, investment portfolios may produce mediocre returns.
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So you’ve dipped into savings … What to do next with your retirement account
July / August 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 646
Abstract: Tapping an IRA, 401(k) plan or other tax-deferred account to pay current expenses can derail a retirement savings plan. Unfortunately, some people reached that point in 2020. This article talks about how the CARES Act and Consolidated Appropriations Act can help get retirement savers back on track.
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3 tips for making retirement less taxing
July / August 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 898
Abstract: Recent retirees often are surprised by the size of their tax bills. As they soon learn, income taxes during retirement can be significant. However, it’s possible to soften the blow. This article offers three tips: divide income sources into three buckets; delay Social Security benefits; and manage required minimum distributions. A sidebar reveals the best time to convert a traditional IRA to a Roth IRA.
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Once-in-a-lifetime opportunity – Moving IRA funds to an HSA
May / June 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 403
Abstract: Individuals are permitted to transfer funds directly from an IRA to a Health Savings Account (HSA) once during their lifetime. As this short article explains, this straightforward transfer might be useful when people are hit with high medical expenses and have an insufficient balance in their HSA.
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Where there’s a strong desire to retire, there’s FIRE
May / June 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 591
Abstract: Some young workers under 40 are retiring early thanks to a relatively new strategy called FIRE (for Financial Independence, Retire Early). This article talks about how an aggressively frugal lifestyle can enable early retirement. Those who plan to retire at a more typical age also can use FIRE principles to strengthen personal finances and advance their retirement goals.
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Investors: How to stop worrying and learn to embrace market volatility
May / June 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 630
Abstract: Although market volatility can be unsettling, it has always played a part in financial markets. So it’s important not only to accept volatility, but to embrace the opportunities it can offer. This article suggests that investors choose dollar cost averaging to remove emotion from investing and to rebalance their portfolios regularly to maintain the right risk/reward profile.
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Power your estate plan with a wealth replacement trust
May / June 2021
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 901
Abstract: A wealth replacement trust (WRT) leverages life insurance to allow individuals to meet their charitable goals without shrinking their family’s inheritance. This article summarizes how WRTs work and their benefits, including a lifetime interest stream and several cash flow benefits. A sidebar discusses the advantages and risks of transferring an existing life insurance policy to a WRT.