A Calhoun County Look at Tax Efficient Charitable Giving
Calhoun County, AL – When it comes to charitable giving, cash may not always be king. If you have an IRA, or own individual stocks or mutual funds in a brokerage account, there may be ways in which you can make charitable contributions in a tax advantageous manner. This article will explain a few tools and […]
Will Home Prices Go Down Soon?
Calhoun County, AL – Over the last few years, the price of housing has skyrocketed. This has led many to feel that homes are now overvalued and that prices will eventually come crashing back down. Although I’m a financial planner that primarily helps others with investing in the stock market, I do keep up with the […]
What Should I Do With My Old 401(k) Plan?
Calhoun County, AL – Many employers no longer have a pension plan in place for their employees and instead offer a 401(k) plan. Employees of churches, schools, hospitals, and other non-profit organizations may utilize a 403(b) plan. Once you retire or switch jobs, you are typically no longer eligible to contribute to these plans. Many question […]
Will My Retirement Savings Be Enough?
Calhoun County, AL – As a financial planner, besides helping my clients manage their investments, I often help them plan for their retirement. I’ve assisted many people who simply want to know when they can comfortably retire. I typically use a goal-based approach to retirement planning. This involves taking into account the client’s income, expenses, assets, […]
Stock Market: What Could Happen from Here
Calhoun County, AL – As of market close on September 30th, which ended the 3rd quarter of 2022, the S&P 500 index is down -25% year-to-date. A few variables have contributed to a rough year in the markets. However, the main culprit has been inflation. The “Fed” (Federal Reserve) has surprised investors by being more […]
Big Changes In Store For Medicare Part D Plans
Calhoun County, AL – One of the most stressful decisions my clients face upon reaching age 65 is often which Medicare Part D option to choose. The “Inflation Reduction Act” signed into law by President Joe Biden on August 16, 2022 should result in out of pocket savings for many Medicare participants and make this decision […]
The Basics of Social Security Benefits
Calhoun County, AL – As a Financial Planner, you often help clients plan for retirement. A major piece of that planning process involves Social Security benefits. When asked about when to begin receiving Social Security benefits, my answer is always the same: “It depends.” There really is no perfect answer when making that decision on when […]
Estate Planning: How Do You Know What You Need
Calhoun County, AL – The probate process for a deceased person’s estate can be lengthy, tedious, and frustrating. Having a Last Will and Testament in place is an important piece of an organized estate plan. However, it is important to know that not all assets have to transfer ownership via a Will. In fact, most assets […]
Selling my Home: Is it Taxable?
Calhoun County, AL – The real estate market has been booming for the past couple years. Numerous variables have contributed to a hot real estate market, including but not limited to historically low interest rates, higher construction costs, and a low inventory of homes available. With mortgage rates now rising, the local housing market is beginning […]
2022 Stock Market Volatility: What’s the Cause?
Calhoun County, AL – The first half of 2022 was not friendly to financial markets. The S&P 500 lost 20.6%, which was the worst performance for the index in the first six months of a year since 1970. The main culprit? Inflation. Higher inflation is a result of various items. One of the causes has been […]
