by Marilou Davido | Aug 10, 2023 | Resources
Retiring before 59 ½ often comes with early withdrawal penalties for qualified retirement accounts like 401(k), 403(b) plans, and Traditional IRAs. These penalties can significantly reduce the amount of money you receive when you tap into these accounts. One strategy...
by Marilou Davido | Jul 17, 2023 | Resources
A credit freeze protects you by blocking access to your credit reports even if a criminal has key information such as your birthdate and Social Security number. When someone applies for credit using your personal information, a lender or card issuer typically checks...
by Marilou Davido | Jun 22, 2023 | Resources
Provided by Mike Smith, and WFA’s friends at CPS Horizon. Thanks to current and upcoming changes to tax law, estate planning is more important than ever. Making sure your wishes for the distribution of your wealth, no matter the size, are executed efficiently...
by Marilou Davido | Jun 22, 2023 | Resources
Charitable remainder trusts are irrevocable trusts that let you donate assets to charity and draw annual income for life or for a specific period of time. How a Charitable Remainder Trust Works In a charitable remainder trust, a donor transfers property, cash,...
by Marilou Davido | Jun 19, 2023 | Resources
For information on gifting appreciated stock to charity, click here. Annual Limit The IRS excludes gifts to a single person totaling up to an annual max specific to each calendar year. The annual limit is applied per giver and per recipient. For example,...
