Financial Planning
Questions to Ask Your Financial Advisor
Pursuing the guidance of a financial advisor can help with various life circumstances. They prove vital when preparing for long-term retirement planning, annual and multi-year income tax planning, reviewing personal budgeting, or crafting a charitable giving strategy. However, finding the right advisor for you may be challenging. How do you know if you are working…
Read MoreFinancial Planning for Millennials Looking to Meet Accounting and Wealth Management Goals
Millennials aren’t looking for an allowance anymore — we’re looking to get started with financial planning, accounting, and wealth management goals. Why? Because we’re now full-blown adults in the workforce, with financial goals of our own. Many millennials (defined as ages 23-38 in 2019) are beginning to invest to meet their financial goals. As a…
Read MoreHealth Savings Account – Should You Consider Opening One?
Health Savings Accounts, commonly referred to as HSAs, are a lot like personal savings accounts except the money you put into them is used to pay for “qualified medical expenses.” In order to be eligible to open and contribute to an HSA, your health insurance plan must be…
Read MoreWhen Should I Switch from Managing My Own Investments to Utilizing the Services of a Financial Advisor?
Not every investor feels like they need a professional financial advisor. Many investors feel that they have the knowledge to manage their investments on their own. In addition, some people just don’t want to pay the fees of a financial advisor for something they feel they can do themselves. When it comes to investing, a…
Read MoreRetirement on the Horizon: A Financial Planning Checklist
Retirement is one of the biggest events you will experience in your lifetime and requires you to have a retirement checklist to plan your finances correctly. Starting that next phase of life brings about significant changes, both personally and financially. Financial freedom and security in retirement does not just happen. Retirement planning takes time, carefully…
Read MoreLife Insurance – Understanding the Tax Implications
Permanent life insurance policies (often referred to as “Whole Life Insurance”) are a contract between a policyholder and an insurance company whereby the insurance company promises to pay a designated beneficiary a sum of money (a death benefit) upon the death of an insured in exchange for a premium. In most cases, when the designated…
Read MoreVideo Overview on the Tax Cuts and Jobs Act for Individuals
Webinar recording on The Tax Cuts and Jobs Act and its Impact on Individuals (February 28, 2018) The new tax law is now in effect for 2018. How does the new law impact individuals? Terry Cicero gives an overview in an easy-to-digest webinar. DHJJ’s Terry Cicero leads the webinar and goes over the major changes…
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