Chief Investment Officer Troy Harmon, CFA, CVA, Senior Associate Michael Griffin, CFP®, and Senior Financial Planner Giuliana Barbagelata, CFP® team up to discuss an investor whose deposits have well-exceeded the FDIC insurance limit at his bank. They offer solutions to protect his liquid assets.
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains what investors need to do to plan for health care costs in retirement. EBRI estimates couples 65 and older will need between $212,000 and $383,000 to cover their health care costs in retirement.
As young adults embark on their first real job, get married, or start a family, they might want to make preparing for retirement a financial priority. The best time to start investing is now — for two key reasons: compounding and tax management.
If you find yourself looking for a quick source of cash, your retirement savings may look like a tempting option. However, if you are under age 59½ and withdraw money from a traditional IRA or qualified retirement account, you will likely pay both income tax and a 10% early-distribution tax on your federal return; your state may also charge an early-withdrawal penalty in addition to the regular state income tax.
Our Research Analysts are closely watching banks and their willingness to lend, first-quarter company earnings, and a possible moderation in inflation.
Chief Investment Officer Troy Harmon, CFA, CVA, Managing Associate Jarrett McKenzie, CFP®, CWS®, and Senior Associate Logan Daniel, CFP®, CRPC®, team up to address a couple’s question on how to budget for health care costs in retirement, as reports show retirees can need anywhere between $212,000 and $383,000 for health care costs.
As seen in the Marietta Daily Journal, Bil Lako, CFP®, discusses the exceptions to early withdrawals from your IRA if you are younger than age 59 ½.
As a business owner, you probably dread the paperwork. However, up-to-date records can help shed more visibility into the parts of your business that are working and, more importantly, which ones aren’t.
As a reminder, April 18, 2023 is the due date to either file a return and pay the taxes owed or file for an automatic extension—but remember, you still must pay an estimate of the taxes owed!
As seen in the Marietta Daily Journal , Bil Lako, CFP®, explains that the Sandwich Generation—individuals sandwiched between the responsibilities for their children and their parents—could experience significant financial consequences, both out-of-pocket costs and long-term retirement security.