Tax Season Tips: Deductions That Can Put Money Back in Your Pocket

By Robert Pagliarini on March 24, 2017

As tax day quickly approaches, Americans are compiling their W-2s, 1099s and charitable contribution receipts. Though many may be looking forward to receiving a refund, others are likely to discover they owe more. In the latest contribution to LetsMakeaPlan.org, CFP Board offers six tips to help reduce your tax bill to make this season a little…

Read More

Common Estate Planning Mistakes

By Robert Pagliarini on March 22, 2017

Many affluent professionals and business owners put estate planning on hold. Only the courts and lawyers stand to benefit from their procrastination. While inaction is the biggest estate planning error, several other major mistakes can occur. The following blunders can lead to major problems. Failing to revise an estate plan after a spouse or child…

Read More

Economic Update 03/20/17

By Robert Pagliarini on March 20, 2017

FED HIKES, LEAVES 2017 FORECAST UNCHANGED As expected, the Federal Reserve raised the target range for the federal funds rate by a quarter-point last week to 0.75-1.00%. “The simple message is, the economy is doing well,” Fed chair Janet Yellen explained to the media following the move. The central bank’s dot-plot table still projects two…

Read More

All About The 60-Day IRA Rollover Rule

By Robert Pagliarini on March 14, 2017

If you receive a distribution from your IRA or workplace retirement plan, what will you do with it? You will probably want to arrange an IRA rollover – a common and useful financial move designed to take these invested assets from one retirement account to another, without tax consequences. The I.R.S. may give you just…

Read More

Economic Update 03/13/2017

By Robert Pagliarini on March 13, 2017

COMPANIES HIRED READILY IN FEBRUARY U.S. firms added 235,000 net new jobs last month, and the latest Department of Labor employment report showed the largest growth occurring in the construction and education/health care sectors. The DoL also revised January’s job gains upward by 11,000 to 238,000. Payroll expansion has averaged 209,000 per month since December.…

Read More

The Many Benefits of a Roth IRA

By Robert Pagliarini on March 3, 2017

The Roth IRA changed the whole retirement savings perspective. Since its introduction, it has become a fixture in many retirement planning strategies. The key argument for “going Roth” can be summed up in a sentence: Paying taxes on retirement contributions today is better than paying taxes on retirement savings tomorrow. Here is a closer look…

Read More

How to Manage Your Relationship… And Your Money

By Robert Pagliarini on

It’s always important to keep open lines of communication with your significant other. Talking about money is no exception, but it can be a sticky subject – and one that can bring up issues related to your own anxiety around your finances. It’s time to break the cycle of non-communication and have “the money talk.”…

Read More

Economic Update 02/27/2017

By Robert Pagliarini on February 27, 2017

A LITTLE LESS OPTIMISM AMONG CONSUMERS February’s final University of Michigan consumer sentiment index came in at 96.3, down from its January mark of 98.5, but well above the 91.7 reading of a year earlier. Despite the descent, the index just had its best three months since early 2004. FED MINUTES SUGGEST RATE MOVE MAY…

Read More

Retirement Saving Tips

By Robert Pagliarini on February 23, 2017

Saving for retirement takes decades and demands the investment of significant amounts of your income. As this major effort unfolds, you should recognize that some subtle factors and seemingly minor decisions could end up making a sizable and positive impact on your financial future. Your investment yield may be less important than the amount you…

Read More

The Benefits of a Health Savings Account (HSA)

By Robert Pagliarini on

Why do people open up Health Savings Accounts in conjunction with high-deductible health insurance plans? Well, here are some of the compelling reasons why younger, healthier employees decide to have HSAs. #1: Tax-deductible contributions. These accounts are funded with pre-tax income – that is, you receive a current-year tax deduction for the amount of money…

Read More

Let’s start a conversation.

We welcome your call (949-305-0500) or email.

Send us a message

Contact

  • This field is for validation purposes and should be left unchanged.