Let’s take a closer look at a fee-only financial advisor and whether or not you should use one.
Company stock options are very complex. From their tax treatment to the many risks involved, it’s important that you both educate yourself and surround yourself with a professional team of advisors to avoid potentially devastating financial missteps.
The bottom line: Don’t exercise your company stock options without the help of a fiduciary financial advisor and tax expert.
But for the sake of better understanding what they are and how they work, here’s an overview.
As a business owner, planning for the future of your company is a necessity, and retirement is a crucial part of that. Taking care of employees is important, but you also want to ensure you make the right decisions about your own retirement to maximize your tax-deferred contributions.
There are plenty of options to choose from when planning your retirement. But are there certain accounts that are better for business owners?
Well, yes, there are. Here are the best retirement account choices for business owners.
In this article, I want to help you make informed decisions toward building your wealth. Decisions that are rooted in purpose and aligned with your goals. Fortunately, the best investment wisdom is often the simplest. If you follow these basic, time-tested, easy-to-apply truths to managing your money, you may be pleasantly surprised at how effective you are at growing your portfolio with a newfound sense of clarity over how you’re doing so.
Here are five simple and elegant truths that will change the way you think about investing.
While you likely made retirement contributions in 2020, you may be able to contribute more toward your 2020 contribution limits.
With America facing a crisis of historic proportions amid the COVID-19 pandemic, the president recently signed the $2 trillion federal aid package to provide economic support to families, business owners, and even the self-employed. Here’s what’s in the CARES Act.
You’ve heard about this thing called a ‘backdoor Roth IRA,’ but what is it exactly, who uses it, and when is the right time to consider it? First, a little preamble. Roth IRAs are a wonderfully tax-advantaged retirement savings account that allow you to save and grow...
If you haven’t created your will and living trust yet, let’s get it done. Here are the ten reasons to get your will and other estate planning documents done today!
Buying versus leasing a new car… what is the better choice from a financial perspective? This is a question many car shoppers wonder as they try to reconcile the car they want to drive with what they can afford to pay. From renting designer clothes to rent-to-buy home...
Ok, so I abhor using financial jargon. My audience has no use for it… usually. The term fiduciary, however, is one term that I want all my listeners, readers, clients, family, and friends to know and understand fully. It’s THE word that carries more weight than titles...