Author - David John Marotta, CFP®, AIF®

1
How to Plan for Retirement
2
Generational Financial Planning Within The Kiddie Tax Limits
3
Morgan Stanley Is A Terrible Choice
4
How much do you need to save this month?
5
An Asset Allocation For Your Health Savings Account

How to Plan for Retirement

Most families have not planned for their retirement. They may save toward their retirement, but without a plan their saving is random and haphazard. Retirement decisions today can only be made in the context of accurate math projections that span decades. Saving what you can and hoping for the best is an expensive and dangerous approach.

Every seven years you delay can cut your retirement assets in half. That means that if you under fund your retirement for the next seven years you will have to save double what you should have saved in the following 7 years in order …

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Generational Financial Planning Within The Kiddie Tax Limits

The kiddie tax (or “Tax for Certain Children Who Have Unearned Income” as the IRS calls it) is a set of tax laws which force unearned income over a small amount to be taxed at the higher tax rate of the parents. For 2017, the kiddie tax limits allows $1,050 to be received without being taxed and the next $1,050 to be taxed at the child’s rate, while any unearned income in excess of $2,100 is taxed at the parent’s top marginal rate.

This tax can cause the children of wealthy parents to lose any preferential treatment of qualified dividend …

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Morgan Stanley Is A Terrible Choice

Recently Mason Braswell wrote an article entitled “Morgan Stanley Purges Vanguard Mutual Funds” which opens,

Morgan Stanley is slamming the door on selling Vanguard Group mutual funds, the latest attempt by a big brokerage firm to retaliate against the low-cost fund giant for refusing to pay for access to its salesforce.

The article goes on to say that Morgan Stanley requires other mutual fund companies to pay $250,000 to $850,000 annually for “shelf space.” This pay-to-play model of selecting a customer’s mutual fund options is so obviously not in the client’s best interest as to make it remarkable …

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How much do you need to save this month?

There are a few critical financial planning questions you need to be able to answer. Probably the most important is, “How much money do I need to save this month to meet my goals?” Many people don’t know the answer to this question and avoid it to the detriment of their long-term financial well-being.

Most Americans spend more time planning their vacation than their retirement. At least with a vacation, most of us pick a date and actually plan to go. Planning for retirement should be every bit as planned and anticipated as your vacation. Assuming you’ll work in your …

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An Asset Allocation For Your Health Savings Account

Health Savings Accounts (HSAs) are one of many types of tax-advantaged accounts. With an HSA, not only do you get a tax deduction when you put the money in, but there is no tax owed when the money is withdrawn and used for qualified medical expenses. Not only are you able to pay for your health care expenses with pre-tax dollars, but you are also able to invest the money in your HSA and watch it grow. This is one of many ways to avoid paying capital gains on stock appreciation.

On account of all of the benefits, …

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