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 [...]
October 14, 2022 Why Do Interest Rates on Savings Accounts Remain So Low in a Rising Rate Environment? By Sylvia Salguero, Financial Advisor In recent months the Federal Reserve has been engaged in a campaign of raising interest rates aggressively, in its effort to tame the inflation monster. Thus far this [...]
June 03, 2022 Helping Your Child Buy a House By Sylvia Salguero, Financial Advisor If you are looking for a way to help your children buy their first home, there are several options available. Determining which one is best for your circumstances depends on multiple factors, primarily on how much you [...]
January 26, 2022 Planning for a Baby Financially: 4 Ways to Prepare By Vance Albitz, CFP® As new parents, what are some of the things that we could be doing to better our long-term finances? Well, I think the whole process of introducing a baby to the world is so special [...]
January 21, 2022 Still Deciding New Year Resolutions? By Sylvia Salguero, Financial Advisor It is January again, now in the year 2022. Did you make progress in organizing your financial life? Do you still need to make improvements? This is a good time to review what went well, and what didn’t. [...]
January 21, 2022 2022 Retirement Contribution Changes By Clete Albitz, CFP® January is a good time to assess whether you can increase your level of retirement plan contributions for the upcoming year. If you are self-employed, you may still have time to setup and fund a plan for the prior calendar year [...]
January 21, 2022 RMD and QCD Changes for 2022 By Paul Miloe, CRPS® As we proceed into 2022, note there have been changes to the Required Minimum Distribution (RMD) rules affecting what you may be required to withdraw from your retirement accounts each year. RMDs had a prior change that pushed the [...]
