The Triple-Tax Advantage: The Power of Health Savings Accounts for Financial Health
If you’ve heard anything at all about Health Savings Accounts (HSAs), it’s likely that they offer an elusive triple-tax advantage that can benefit you in the present – and far into the future, too. As healthcare costs continue to rise, HSAs have emerged as a powerful way to not only manage medical expenses but also […]
Unlocking Your Financial Potential: The Benefits of Tax Planning Year-Round
When it comes to managing your finances, one of the most powerful tools at your disposal is proactive tax planning. While you might associate tax planning with the approach of tax season, the truth is that year-round tax planning can be a game-changer for your financial well-being. In this article, we’ll explore the benefits of […]
Tax-Efficient Retirement Planning: Reduce Your Tax Burden with These Three Strategies
Retirement planning is a crucial aspect of securing your financial future. While building a substantial retirement nest egg is essential, understanding the tax implications of your retirement savings and income is equally important. Taxes can significantly impact your retirement funds, so employing tax-efficient retirement planning strategies can help you make the most of your hard-earned […]
Start 2024 Off Right – Set Good Financial Goals – Mike Kojonen featured on Alpha News
https://hugh.cdn.rumble.cloud/video/s8/2/-/o/o/l/-oolp.caa.mp4 Before you can get where you want to go, you need to know where you are! Almost half of all Americans plan to make finance-related New Year’s resolutions in 2024, according to a recent study from WalletHub. That’s 36% more than planned to make resolutions in 2023. And the good news: more than half […]
6 Tips For Your End-of-Year Finances
Here are the six financial key points for people to be aware of before the end of the year to better position themselves. 1. RMDs — Required minimum distributions: If you are age 73 or older and have a “tax-deferred” retirement account like a 401K, Traditional IRA, TSP, 403B, or a 457 plan, you must […]
Maximizing Year-End Tax Strategies: Tips for Reducing Your Tax Liability
You may not want to spend precious time during the holiday season considering tax matters, but the end of a calendar year is also the end of a tax year. This makes it a prime opportunity to take proactive steps to minimize your tax liability and keep more of your hard-earned money. Strategic year-end tax […]
Are You Prepared For The Upcoming Tax Season?
Happy New Year! It’s a new year, a new you, and a new time to do things differently—like your taxes. Tax-filing season is officially here, and there are many things you can do to be prepared and organized. Here are a few simple tips that can help you save time, stress, and money: Decide who […]
Wrapping Up 2018
While it’s easy to get caught up in the holiday spirit, running out to grab last minute gifts, baking dozens of gingerbread men and trimming your tree, don’t forget about your retirement plan. The end of the year is an important time for retires, and there’s a few things you should wrap up before it […]
Tax Efficient Strategies for Charitable Giving
As the seasons start to change and the holidays approach, we are reminded of how fortunate we are and how much we have to be grateful for. We are also reminded that the season of giving is upon us. But, if you’re retired, you may be worried about where extra income will come from and […]
