youtube 04 facebook 03 linkedin 02 consultation 05


End-of-year Gifting

Our office is feeling thankful, and we hope you are too! Now is a good time to think about charities. Here are a few ideas.

First, consider gifting out of your retirement account (IRA).* For example, instead of receiving a required minimum distribution and writing a check, ask your wealth manager how to donate to your charity out of your IRA. The big advantage is that your charity receives more money—perhaps 50% (or more)! All of the money that comes out of your IRA goes to the charity. If you pulled the funds out of the IRA, and paid taxes on the distribution, then you’d have a much smaller donation for your charity. 

Continue reading
115 Hits

Thankfulness and Financial Planning

Thanksgiving is one of my favorite holidays. I used to say it was because the family comes together without the stress of “gift giving” and with a whole lot of food. I am not the world’s best cook, but I’m a very good eater—and dish washer!

Thankfulness is gaining popularity, or at least it seems to me. And with good reason. Health increases and happiness increase when we have an “attitude of gratitude.” Here, “we operate with a spirit of gratitude.” It is a core principle.

Continue reading
85 Hits