February 03, 2023 Resolutions Phil Albitz, CFP® I know it’s February, but Happy New Year everybody. Healthy and happy in 2023 is a resolution we should all embrace. With that said, I'm going to suggest 5 more resolutions to make for a more successful financial 2023. 1) Get your estate [...]
February 02, 2023 Why Your Gas Bill Just Went Up By Paul Miloe, CRPS® If you receive billing from a gas utility, your January bill was likely an unwelcomed surprise. For many in the U.S., natural gas bills saw significant increases over the past year. Here in southern CA, one [...]
February 06, 2023 Qualified Charitable Distribution in 2022? Don't Forget to Report It By Clete Albitz, CFA, CFP® One growing gifting strategy that many investors have utilized is the qualified charitable distribution (QCD). A QCD is a distribution from an IRA for those over the age of 70 ½ issued [...]
January 25, 2023 New Law Allows Tax-Free 529 Plan Rollovers to Roth IRAs By Vance Albitz, CFP® 529 plan savers can now transfer unused funds while keeping the tax benefits. The recently signed $1.7 trillion government spending package has a provision that allows Americans to roll money from a 529 [...]
February 08, 2023 RMD Changes for IRA Beneficiaries in 2023 By Sylvia Salguero, Financial Advisor Calculating Required minimum distributions, or RMDs, has always been complicated, due to confusing tax rules that depend on the type of beneficiary, when they inherited the account and who was the person they inherited from. The [...]
Phil Albitz on the Steven Spierer Show - 12/10/22 The views stated in this letter are not necessarily the opinion of Cetera Advisor Networks LLC and should not be construed directly or indirectly as an offer to buy or sell any securities mentioned herein. Due to volatility within [...]
To say 2022 has been a lousy year for the financial markets would be an understatement. Here are some recent headlines: Blue Chips Slide Into a Bear Market; Pound Touches Record Low Against Dollar; War to Cost Global Economy $2.8 Trillion. To paraphrase Bob Dylan…the times they have a changed. Of course, we recognize [...]
October 24, 2022 Current Market Thoughts Phil Albitz, CFP® There is no doubt that 2022 has been a tough year for the financial markets. This is what a bear market looks like. Since topping out in early January of this year, asset values have been falling across the board. Other [...]
October 16, 2022 Your Digital Estate Plan By Paul Miloe, CRPS® If you have completed your traditional estate plan (Will, Trust, Directives, etc.), you’ve taken a big step for the benefit of your family. After you finalized the plan by ensuring personal assets were retitled under your Trust, confirming your beneficiaries are [...]
October 12, 2022 TD Ameritrade and Charles Schwab Merger Update By Clete Albitz, CFP® In 2019, TD Ameritrade Holding Corporation was purchased by the Charles Schwab Corporation. The merger between the two firms has created the largest investment custodian for registered investment advisors providing custody services for over $7 trillion [...]
