Tax

How much value does a financial planner add?

How much value does a financial planner add?

Look I get it, Americans are busy people, especially if you are raising a family or knee deep in your career. Quick answers have become the expectation. The problem is financial planning is very circumstantial and therefore a good answer to the value question must be adjusted to the person asking it. Rather than manufacture a blanketed response, the following is a detailed guide to the quatifiable value of financial advice.

The 9 Biggest Ways Trump's Tax Reform Hits Your Wallet

The 9 Biggest Ways Trump's Tax Reform Hits Your Wallet

With the recent, yet surprising, cooperation between the White House and Congress, the Trump tax reform bill is set to take effect starting this new year. Don't worry your 2017 tax returns are not impacted. However, the tax law changes will affect personal incomes for the next 10 years, starting in 2018. So the question many of my clients have been asking me is, how does tax reform impact our personal bottom line?

2018 Economic Outlook: Are We Approaching a Market Bubble?

2018 Economic Outlook: Are We Approaching a Market Bubble?

Maybe there is a valid basis for the lack of confidence going into 2018. This article looks at some of those reasons, as well as other key factors driving our economy along its current path. Furthermore, I offer my interpretation and what it could mean for investors and the economy going into 2018. My goal is to give a balanced perspective so that you, the reader, understand the logic behind the arguments being postured in Washington DC and in the media.

A ROTH IRA SAVINGS STRATEGY FOR HIGH-INCOME INVESTORS

A ROTH IRA SAVINGS STRATEGY FOR HIGH-INCOME INVESTORS

Raise your hand if you like paying more in taxes than you need to?  Yeah, I didn’t think so… If your answer is like most Americans and you make a sizable income, then a backdoor Roth IRA is a strategy you may want to consider. However, before explaining how to unlock this financial planning tool to your advantage, it is important to know the following Roth IRA phaseout limits set forth by the IRS...