Category

Financial Planning

Year-end Financial Checklist for Working Professionals

December 17, 2018 · · Articles, Cash Management, Financial Planning, Tax Planning · 0 Comments

Set yourself up for success in the new year with a financial checkup.  Here are some essential year-end tax, planning, and financial housekeeping items to consider.   If you need help, don’t hesitate to contact us.    Maximize  contributions to tax-advantaged retirement savings accounts including 401(k), HSA, or IRA accounts. Reduce taxes by offsetting capital gains.

View This Article →

Why You Might Want to Create a Donor-Advised Fund

November 7, 2018 · · Articles, Financial Planning, Generosity, Tax Planning · 0 Comments

A DAF can be a great way to give, with potentially great tax breaks. Do you regularly donate to charities and other non-profit organizations? Then you may want to open a donor-advised fund.   Donor-advised funds are becoming popular. It is easy to see why. They offer potential tax perks, and in some instances, a.

View This Article →

Tax Changes That May Be Overlooked

October 19, 2018 · · Articles, Cash Management, Financial Planning, Tax Planning · 0 Comments

Some alterations to the Internal Revenue Code were less publicized than others.  Late last year, federal tax laws underwent sweeping changes. Nearly a year later, you can be forgiven for not keeping up with them all. Here is a look at some important (yet underrecognized) adjustments that may affect the numbers on your 2018 federal.

View This Article →

Ways to Fund Special Needs Trusts

January 9, 2018 · · Articles, Cash Management, Children, Estates & Trusts, Financial Planning, Insurance · 0 Comments

A look at the different options & strategies. If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income will not pay for, and a special needs trust may be used to address that financial challenge.   In.

View This Article →

Your 2018 Financial To-Do List

December 13, 2017 · · Articles, Cash Management, Economy, Estates & Trusts, Financial Planning, Investing, Tax Planning · 0 Comments

  Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for 2018? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to lowering your taxes. You.

View This Article →

Should We Reconsider What “Retirement” Means?

November 29, 2017 · · Articles, Financial Planning, Retirement · 0 Comments

  The notion that we separate from work in our sixties may have to go. An executive transitions into a consulting role at age 62 and stops working altogether at 65; then, he becomes a buyer for a church network at 69. A corporate IT professional decides to conclude her career at age 58; she.

View This Article →

Before You Claim Social Security

August 25, 2017 · · Articles, Financial Planning, Retirement · 0 Comments

  A few things you may want to think about before filing for benefits.     Whether you want to leave work at 62, 67, or 70, claiming the retirement benefits you are entitled to by federal law is no casual decision. You will want to consider a few key factors first.     How long.

View This Article →

Tax Rules on Rental Property

April 12, 2017 · · Articles, Financial Planning, Tax Planning · 0 Comments

The basics on capital gains & deductions.   Buying or selling income property has definite tax consequences. A taxpayer should clearly understand them, whether he or she intends to acquire a property or put one on the market.   A sale of income property incurs either a capital gain or loss. If you profit from.

View This Article →

When Someone Dies Without a Will

April 7, 2017 · · Articles, Estates & Trusts, Financial Planning, Generosity, Tax Planning · 0 Comments

Where do things proceed from that point?   Every day, people die intestate. In legalese, that means without a will. This opens the door for the courts to decide what happens with their estates.   When no valid will exists, state intestacy laws dictate how assets are distributed. These laws divide an estate evenly (or.

View This Article →

Could You Improve Your Personal Finances Today?

January 2, 2017 · · Articles, Cash Management, Estates & Trusts, Financial Planning, Investing, Retirement · 0 Comments

Simple decisions & new habits might lead you toward a better financial future.   In life, there are times when simple decisions can have a profound impact. The same holds true when it comes to personal finance. Here are some simple choices you could make that may leave you better off financially – in the.

View This Article →

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AZ, CA, FL, HI, KS, LA, MD, NC, OH, PA, SC, TX, VA.

Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Independent Financial Partners, a Registered Investment Advisor. Pellecchia Financial Services and Independent Financial Partners are separate entities from LPL Financial. FINRA/SIPC.

Designed by Pop Design Group