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Retirement Savings Difficulties Facing Women
The United States is home to nearly 170 million women, with about 3.5 million of them living in Arizona. Not every woman will face identical retirement savings …
Welcome to Our Financial Tips Blog
We believe that knowledge is the key to making informed decisions about your financial future. Our blog is designed to provide you with a wealth of valuable insights, tips, and strategies on everything from financial planning and wealth management to taxes, estate planning, Social Security, and more.
Whether you're preparing for retirement, navigating complex tax laws, or looking for ways to preserve your legacy, our blog serves as an invaluable resource. Each post is crafted by our team of financial professionals, ensuring you receive relevant, up-to-date information that addresses the real challenges retirees and pre-retirees face today.
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Maintaining Adequate Liquidity to Cover Unexpected Needs and a Sustainable Spending Rate in Retirement
There are many potential strategies retirees can utilize to safeguard their retirement savings while also maintaining an adequately liquid fund to cover unexpec…
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What Is an Asset Protection Trust?
Asset protection trusts, which are usually irrevocable trusts, can be used to protect assets from creditors and legal judgments. The irrevocability is often cru…
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Is Your 401(k) Protected in Bankruptcy?
Yes, the Employee Retirement Income Security Act (ERISA) protects 401(k)s from creditors after a bankruptcy. One of the provisions of the Act prevents creditors…
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How to Reduce My Taxes and Maximize My Tax Deductions
The vast majority of income tax filers in the United States, regardless of their age, would prefer to minimize their tax burden. How you can go about maximizing…
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Calculating Taxes on Social Security Benefits
While some aspects of life become simpler in retirement, taxes are not necessarily one of them. Determining whether you owe income tax on your Social Security B…
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Why Is Social Security Taxed Twice?
It’s not exactly accurate to say Social Security is taxed twice, but it can certainly feel that way. This is often attributable to people seeing Social Security…
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Is Social Security Considered Retirement Income for Tax Purposes?
Yes, Social Security is taxed as income for retirees – if the retiree’s combined income meets the minimum requirements. Combined income is your adjusted gross i…
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Tax Brackets for 2023 – 2024
How the Tax Brackets Different From the 2022 – 2023 Tax Year? Post-pandemic inflation had more of an impact on tax policy than some people may realize. The IRS…
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What Should I Do With an Unexpected Refund From the IRS?
There are a variety of reasons an Arizona taxpayer may receive a higher state or federal income tax refund than they expected: You may be self-employed and over…
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Which Assets Should or Should Not Be in a Trust?
The list depends on the account or property type as well as the attributes of your trusts and estate. Some assets and financial accounts of value are designed t…
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Investment Sectors to Watch in 2024
Which sectors are best for your investment dollars in 2024 will be highly dependent on who you ask and how the year progresses. If you have questions about how …
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