401(k) and IRA: A Combined Savings Strategy
Contributing to an employer-sponsored retirement plan or an IRA is a big step on the road to retirement, but contributing to both can significantly boost your retirement assets.
Our Three Cents — Insurance in Exit Planning
Insurance transfers the financial risk to an insurance company. In this episode of “Our Three Cents – Exit Planning Strategies” podcast, hosts Troy Harmon, CFA, CVA, Nick Antonucci, CVA, CEPA, and K.C. Smith, CFP®, CEPA, talk with Director of Insurance Planning, Jim Crone, CFS®, CLU®, about using insurance in your business to transfer the risk…
All About Credit Scores
Your credit score is like your permanent record. While it can change over time, having a good credit score is important because most lenders use credit scores to evaluate the creditworthiness of a potential borrower.
Necessary Financial Planning Before Accepting an Early Retirement Offer
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate Shawna Theriault, CFP®, CPA, CDFA®, and Financial Planner Adam Stadalius, CFP® to discuss early retirement offers, and some of the benefits to look for in the severance package offered.
A Few Key Updates About Required Minimum Distributions
The SECURE Act of 2019 raised the minimum RMD age to 72 from 70½ beginning in 2020. And new life expectancy tables will take effect in 2022. Learn more about these updates to RMDs.
Avoiding IRS Underpayment Penalties
Our tax system is set up to “pay-as-you-earn,” but there are situations where taxpayers can get into trouble and face underpayment penalties. We explain how to avoid these situations in this week’s Tax Tip.
Lifetime Income From a 401(k)? You May Want to Think Again
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate Jarrett McKenzie, CFP®, CWS®, and Client Relationship Manager for Retirement Services Justin Wagner, AIF®, to discuss 401(k) participants’ interest in a lifetime income feature to their plans. They talk about what that might look like, the fiduciary concerns, and if it is even a good option for the investors.
November 2021: Equity Allocations, Infrastructure, and Taming Inflation
For November 2021, the Henssler Research Analysts are closely watching how much investors have allocated to equities as we’ve reached a high not seen since 2000; how the infrastructure bills will affect the related industries, and how the Federal Reserve is going to tame inflation that seems be less transitory as initially thought.
In the News: Spending in retirement—it’s what you’ve been saving for
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains how a financial adviser should be taking the time before investors retire to discuss the spending stage of retirement.
Record Expenses in QuickBooks Online and On Your Phone
It’s easy to go out to lunch with a client and forget to save the receipt, which means your books won’t be accurate. QuickBooks Online provides two ways to enter expenses: record on the site itself, or you can snap a photo with your phone using the QuickBooks Online mobile app.