Financial Advisor Boise ID

Financial Advisor Boise ID

Death of the Stretch

Posted by on Mar 12, 2020

Death of the Stretch New changes to the law have come, some are good and some are not good from a tax perspective. Today’s post discusses how the new changes affect various aspects of retirement and estate planning. Background of Legislation Congress passed the SECURE Act at the end of 2019. This Act is designed for Setting Every Community Up for Retirement Enhancement. The new law is getting mixed reviews, however. It does enhance the 401(K) plans. Small business employers are incentivized to offer retirement plans in their company. Additional tax credits are available if an employer uses...

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How to Have More Fun and Meaning in Retirement

Posted by on Mar 5, 2020

  How to Have More Fun and Meaning in Retirement   A blank calendar filled with nothing but free time can be every bit as stressful as a packed work week. That’s the surprising fact that many new retirees confront after a few days of hitting the snooze button and puttering around the house. This is usually when the reality of retirement sets in. This is your life now. What are you going to do with it? Whatever you want! The only thing better than sleeping in is jumping out of bed early because you’re energized and excited for the day ahead. This is the kind of active and fulfilling...

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Time to Fear the Coronavirus?

Posted by on Feb 26, 2020

Time to Fear the Coronavirus? written by Brian S. Wesbury – Chief Economist with First Trust Robert Stein, CFA – Deputy Chief Economist Monday, fear over the Coronavirus finally gripped investors, as both the Dow Jones Industrial Average and the S&P 500 index fell over 3% – the largest daily declines in two years. These drops wiped out all the gains for the year. Frankly, it’s amazing to us that the market had been so resilient!  Maybe it’s because recent history with stocks and viruses is that markets overreact leading to significant buying opportunities along the way. ...

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How Will The Economy Do In 2020?

Posted by on Feb 13, 2020

How Will The Economy Do In 2020?   Will The Dow hit 32,500 or the S & P 3650 in 2020? See what Brian Wesbury, Chief Economist at First Trust believes. Click the link to watch the video.  

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Did Tax Reform Change Your Giving?

Posted by on Dec 19, 2019

Did Tax Reform Change Your Giving?   Tax Reform in 2017 raised the standard deduction to $12,000 and $24,000 for singles and married filing joint. This decreased the number of households itemizing by over 20 million or a 50% reduction. However, the charitable giving from individuals only decreased by 1.1% according to Giving USA 2019 Annual Report on Philanthropy for the year 2018. While tax deduction may be one benefit donors seek in giving, it isn’t the driving force behind most charitable giving. Studies have shown generosity strongly associated with a person’s sense of well-being. Being...

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Don’t Let ‘Cyber Scrooge’ Ruin Your Holidays

Posted by on Dec 5, 2019

Don’t Let ‘Cyber Scrooge’ Ruin Your Holidays   Cyber Scams are on the increase during the holiday season. Adapt your on-line behavior to avoid getting hacked or attacked by ‘Cyber Scrooge’. To help ensure your holiday season goes well, follow these tips to help stay secure. In the first quarter of 2019, 2.2 BILLION account credentials were stolen. These identities continue to be sold on the dark web. If you haven’t put a freeze on your credit, this is a good time to put it in place. An ounce of prevention…. Another preventative measure is to put an alert on your bank account. You are...

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