facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause

Blog

We take pride in creating and sharing content relevant to you.

Why the IRS May Be the Biggest Benefactor of Your Retirement Investments Thumbnail

Why the IRS May Be the Biggest Benefactor of Your Retirement Investments

As a financial and retirement planner, I have learned that people hate paying taxes. The truth is, the history of taxation is a complicated one full of wars, audits, jail time, and factions of society that were created in rebellion to the idea itself. To make things worse, the “rules” laid out by the IRS when it comes to tax are extremely complicated, ever-changing, and leave a ton of room for discretion. So, how might one go about reducing or entirely removing the IRS as a benefactor to their retirement investment they have worked so hard to save?

Read More
Social Security- What You Need to Know Before You Claim Thumbnail

Social Security- What You Need to Know Before You Claim

Before claiming social security there are some things you should know. When do you meet your full retirement age because that impacts how much you collect. Take a look at your longevity, your Cost of Living Adjustments (COLA) and your spousal benefits. Lastly, keep in mind that there may be taxes and penalties that come with claiming too soon. We realize that this is a complex subject and encourage you to work with a financial planner, CFP® or ChFC® who is proficient in retirement planning.

Read More
The New 529 Thumbnail

The New 529

Are you trying to make aggressive payments on student loans? If so, this is certainly an effective new strategy that can be utilized to shelter income from state tax that did not exist prior to the passing of the Secure Act.

Read More
Consequences: What will increasing debt and deficits mean for the future of the United States? Thumbnail

Consequences: What will increasing debt and deficits mean for the future of the United States?

"During this time of stimulus spending, tax cuts, and bond-buying by the federal reserve, I find myself wondering what the consequences of all of this debt will be? In this article, I will cover possible consequences of the debt we have accumulated (and continue to accumulate), as well as factors that will either help or hinder our ability to manage this debt load."

Read More
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Thumbnail

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

"The CARES Act provides 2 trillion dollars of government aid along with several SIGNIFICANT changes to preexisting IRS, retirement accounts, and other financial rules in attempts to open up opportunities for individuals and small businesses to survive in this time of crisis. I have broken down and summarized that document here into 5 key areas: Recovery Rebates, Coronavirus Related Distributions, Significant Tax Changes to Retirement Accounts, Unemployment Compensation Benefits, and Small Business Benefits."

Read More
What is my Advisor doing during a Bear Market? Thumbnail

What is my Advisor doing during a Bear Market?

"Anyone can seem like a good financial advisor when markets are doing well. The expectation investors have when investing in capital markets is to make money, so when expectations are easy to meet, the bar tends to be set pretty low. However, it’s when markets are down (like the current bear market caused by COVID-19) that separates great financial advisors from mediocre ones. It’s times like these when people may wonder what their financial advisor is doing during this bear market. I can’t speak for all financial advisors, but I can tell you what the advisors at Financial Strategies Group have been and will continue to be doing in the weeks and months ahead."

Read More

Client Login  |  Get Our Newsletter

 800-804-0420      Mon-Thurs 8:00am-5:00pm and Friday 8:00am-4:00pm
Click Here