Do you know what you can reasonably spend this holiday season? Overspending now may lead to a post-holiday hangover in the New Year. Whether you put all your seasonal shopping on credit cards or save up months in advance, you should have an overall budget number in mind. By properly planning, you can lower financial …
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Am I Eligible for a Mega Backdoor Roth IRA Contribution?
In previous posts, we have discussed Roth conversions being a potential option when you have phased out of the contribution limits for a Roth IRA. Today, we will be discussing another type of Roth conversion called a mega backdoor Roth contribution. A mega backdoor Roth IRA involves making a non-Roth, after-tax contribution to a 401(k) …
Am I Eligible for a Mega Backdoor Roth IRA Contribution?Read More
2021 Year-End Tax and Financial Planning [WEBINAR REPLAY]
What are your most important financial decisions for now and next year? Melissa Joy, CFP®, Founder of Pearl Planning, Alexa Kane, CFP®, Melissa Fradenburg, and Hannah Near, CFP®, will update you with important tax and financial updates in this informative virtual event. The presentation topics include: What to Review, Retirement Contributions, Open Enrollment, Estate Planning, …
2021 Year-End Tax and Financial Planning [WEBINAR REPLAY]Read More
Should I Buy I Bonds Now?
With inflation soaring, the popularity of a little-known treasury program for small investors, Series I Savings Bonds, is coming into focus. The I Bond is linked to an interest rate plus inflation. Limited by the amount you can buy, there are several factors to consider before making a decision to buy. I recently bought an …
7 Year-End Financial Planning Moves
We all know how chaotic this time of year can become. With the holiday season approaching, it’s easy to allow our plates to fill up and forget to make sure our year-end finances are in order. To help make your life a little bit easier, we have put together a year-end checklist of 7 year-end …
Utilizing your NQSOs to Help you Meet Your Goals
Non-Qualified Stock Options (NQSOs) are a form of equity compensation that can be offered by an employer. NQSOs provide an opportunity for employees to participate in the company’s appreciation over time. Deciding whether to exercise NQSOs and the timeline for subsequently selling shares can be stressful. With the proper strategy for cash flow and tax …