Why Did Retirement Confidence Falter in 2023?
The annual Retirement Confidence Survey found that workers’ confidence took a substantial hit: Just 20% of respondents felt very confident they will be able to afford a comfortable retirement.
Our Three Cents — Clean Your Balance Sheets
Troy Harmon, CFA, CVA, Nick Antonucci, CVA, CEPA, and K.C. Smith, CFP®, CEPA of Henssler Financial take a closer look at how companies should watch their balance sheet in higher interest rate environments on this episode of “Our Three Cents.”
In the News: The Back-Door Roth IRA Strategy: Pitfalls and Potential Tax Consequences
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains that while high-income taxpayers can back their way in to a Roth IRA, there may be tax consequences.
Watch Out for Student Loan Repayment Scams
With student loan payments resuming soon, be on the lookout for scam artists posing as legitimate debt relief companies, promising to help repay loans.
Time to Bulk Up Your Emergency Fund
Unexpected expenses can pop up at any time – that’s where an emergency fund comes to the rescue! Having a financial safety net gives you peace of mind and helps you tackle life’s curveballs with confidence.
The Back-Door Roth IRA Strategy: Pitfalls and Potential Tax Consequences
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Tax Manager Jessie Thomas, CPA, and Managing Associate D.J. Barker, CWS®, to help a couple who tried to do a back-door Roth IRA on their own. Jessie and D.J. cover the nuances of a back-door Roth and some pitfalls investors can make when reporting it on their tax forms.
In the News: Beyond the 401(k): Exploring Nonqualified Retirement Plans
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains that because nonqualified retirement plans fall outside the tax codes that govern plans like 401(k)s, they are not required to be offered universally to all employees.
Four Important Estate Planning Documents
Join Managing Associate Melanie Wells In this episode of Planning Priorities, where she discusses the importance of estate planning and the four estate planning documents that everyone should have.
Four Key Objectives of a Sound Retirement Plan
A sound retirement plan should be based on your particular circumstances; however, once you’re retired, your income plan should strive to address four basic objectives.
Research Credit Available as a Payroll Tax Credit Doubled by the Inflation Reduction Act
The Inflation Reduction Act has a provision that could benefit many small business startups, allowing them to potentially double the amount of the research and development tax credit that can be used against payroll taxes from $250,000 to $500,000 per year.