As a result of the Coronavirus Pandemic, the US Treasury and Internal Revenue Service have issued guidance on the filing of 2019 tax returns and have begun to provide a guide for 2020. Here is what we know so far:…
How closely did you look at your Medicare premium notice letter this past December? If it mentioned an IRMAA adjustment, and you experienced a life-changing event, you may want to look again. There are a few steps you can take…
As we progress into the new year and approach tax filing season, there are several items related to your Pershing accounts we would like to bring to your attention. If you have a taxable brokerage account or made IRA withdrawals…
Making decisions for retirement can feel like an overwhelming process, as it’s made up of numerous topics and considerations. Most of the time, we think about these considerations in isolation. For example, we ask ourselves: “When can I retire?” “When…
Open enrollment presents a great opportunity to review your current financial situation and determine if there are any areas of your financial life that can be optimized through the benefits your employer offers. Are you taking full advantage of the…
Every year there are approximately 140 million tax returns filed with the IRS and of those, 4 million will receive an IRS letter stating that there is a discrepancy. Your first instinct might be to panic, but don’t overreact. Grayson…
Nobody likes to talk about the two certainties of life: death and taxes. So much so that we delay important decisions on how to deal with our assets for our heirs. On this episode, Cameron Hendricks and Grayson Blazek…
If you asked this question, you’re really wondering if a Roth IRA Conversion will save you more in taxes? Mechanically, this strategy involves converting savings from pretax retirement accounts, such as 401ks and Traditional IRAs, to a tax-free Roth IRA….
Have you checked out the new federal tax forms? Waiting until the last minute to prepare your taxes this year will leave you surprised. With the new tax code, it’s a good idea to give yourself plenty of time…
Are you planning to retire prior to turning 65? If so, have you developed a plan to maintain healthcare coverage between your retirement date and Medicare? If you don’t have access to retiree health coverage through your employer, there are…
