January 10, 2019 529 Plan State Tax Traps! By Paul Miloe, CRPS® In 2017, Congress passed the Tax Cuts and Jobs Act (H.R.1), and it was signed into law in December of that year. As part of this package, changes were made regarding qualified distributions from 529 College Savings Plans. Under the [...]
About Vance AlbitzThis author has not yet filled in any details.
So far Vance Albitz has created 58 blog entries.
November 23, 2018 End-of-Year Taxes: 7 Things to Consider By Vance Albitz, CFP® The Tax Cuts and Jobs Act increased the standard deduction for 2018. The 2018 standard deduction is now $12,000 if you are single, or $24,000 if you’re married filing jointly. This will likely allow more people to take [...]
November 16, 2018 Market Commentary Growth is Solid, Inflation is Benign, Why Worry? It was another volatile week in financial markets as fears around slowing global growth were exacerbated by worries over Brexit. This, as the cabinet minister in charge of negotiating a Brexit deal with the European Union resigned over [...]
August 29, 2018 Financial Advice From a Wealthy Barber By Sylvia Salguero The Wealthy Barber remains one of the simplest and most informative financial books of all time. Though its popularity has waned since the nineties, the advice offered by author David Chilton has stood the test of time. Here are [...]
August 27, 2018 A Bright Future Ahead: Investing in Energy By Vance Albitz America’s ailing coal industry was given a lift last Tuesday when the Environmental Protection Agency unveiled a proposal to reduce pollution regulations on coal-fired power plants. President Trump told supporters the next day, “We’re putting our great coal [...]
August 24, 2018 The Markets: Don't Be Surprised Phil Albitz When I was coaching my son Vance, our team played in various tournaments in Southern California. In one particular tournament one of the opposing teams was named “The Mama’s Boys”. When I saw we were facing them early in the [...]
August 16, 2018 How High Income Earners Fund Roth IRAs By Clete Albitz, CFP® A Roth IRA could be considered the most tax-advantaged long-term savings account. Your after-tax contributions grow tax-free and can be withdrawn from tax-free anytime after age 59 ½. Furthermore, required minimum distributions are not required at age 70 [...]
August 16, 2018 Rent Control on the Block By Paul Miloe, CRPS® In November, California voters will decide the fate of rent control via a highly controversial proposal – Proposition 10. Prop 10 is to be known as “The Affordable Housing Act” and carries a ballot title of: “Expands Local Governments’ [...]
June 25, 2018 Understanding Risk in Bonds By Clete Albitz, CFP® Back in 1938, the concept of bond duration was first introduced by Canadian economist, Frederick Macaulay. Macaulay duration is defined as the weighted average of the time until the fixed cash flows from an asset are received. It is frequently [...]
June 26, 2018 Real Estate Changes for Rental Owners By Paul Miloe Whether you currently own rental properties in CA, or are considering income properties in the future, some changes are coming, so be sure to check on the following with your leasing agent/broker/property management company to ensure you’re ready and any [...]