As we know, change is on the horizon, in one way or another. The current exclusion limits are scheduled to expire in 2025, according to the terms of the TCJA, unless renewed by Congress.
Those who have been methodically and faithfully contributing as much as they can to traditional IRAs, 401Ks, and other tax-favored plans, can find themselves in a higher tax bracket in retirement once their RMDs kick in.
While qualified opportunity funds can offer very real benefits to suitable clients, be aware of some important caveats before advising your clients to add them to their holdings.
Here are five financial and business realities that have figured in a majority of the counsel I’ve offered my female entrepreneur clients as they launch and refine their businesses.
A significant portion of my clients are in or are approaching retirement, but with a depleted nest egg. Many supplement their cash flow by starting a business, so here are some tips to guide them.
How does caring for a 70-, 80-, or 90-year old parent affect the retirement plans of a 40-, 50-, or 60-something woman (especially a woman navigating a major transition)?
Divorce is devastating – emotionally, mentally and physically. But, most importantly, according to a recent study, a huge percentage of women suffered unanticipated financial consequences that could have been mitigated or eliminated with better planning.
Friends of mine who are enduring the crucible of the loss of their spouses tell me that one of the hardest things, along with the grieving process, is the uncertainty surrounding finances.
Divorces in a couples’ later years can be financially devastating, especially for women where the husband has earned most of the money and made most of the financial decisions. Let’s look at some of the most valuable ways advisors can help.