Cary, NC — The risks to your wealth aren’t only in the financial markets. The wealthier you become, the more liability protection matters. We live in a litigious world, one in which even friends and neighbors can be convinced to see opportunity in the wake of misfortune.
Cary, NC – After factoring in federal income and capital gains taxes, the alternative minimum tax, and possible state and local taxes, your investments’ returns in any given year may be reduced by 40% or more. Here are five ways to potentially lower your tax bill.
Editor’s Note: Briant Sikorski from Stratos Wealth Partners in Cary contributed this article.
Cary, NC – Annuities have grown in popularity thanks to the growing population of retirees and their interest in lifetime retirement income and living benefits options. Yet when considering the purchase of a variable annuity, it is crucial that individuals understand the product’s features and their associated fees.
Read more
Cary, NC – Finding the middle ground between being “insurance poor” and unprotected requires assessing real needs and choosing products that are affordable. This article introduces different types of insurance products and the role that they can play in a personal financial plan. Read more
Cary, NC – Assets in 529 plans have grown significantly in recent years due to their college planning potential. But there’s another side to 529 plans that may appeal to you — potential estate planning benefits. [1]
Cary, NC – If you are preparing to change jobs, do you know what your choices are for managing the money in your current employer’s retirement plan? Although many people choose to take a cash distribution, there are other options that may benefit you more. Read more
Cary, NC – Will Social Security be different when you retire? Its reserves are projected to be depleted by 2034, and if that happens, the program could pay retirees only about 80 percent of projected retirement benefits.[1]
Editor’s Note: Briant Sikorski from Stratos Wealth Partners in Cary contributed this article.
Cary, NC – Do you have a 401(k) plan at a former employer? Here are some options for getting the most out of multiple retirement accounts.
You may have had multiple jobs over your career, and left behind retirement account balances of critical building blocks for your retirement. Here is a short guide to your options of what to do with a retirement account left with a former employer.
Editor’s Note: Briant Sikorski from Stratos Wealth Partners in Cary contributed this article.
Cary, NC – Paying down debt may seem like an impossible task but it doesn’t need to be. By following a basic three-step plan – tracking your monthly income and expenses, establishing good saving habits and then using what you have learned from the first two steps to begin reducing what you owe – you can rid yourself of the debt trap over time.
Read more
Editor’s Note: Briant Sikorski from Stratos Wealth Partners in Cary contributed this article.
Cary, NC – Good money habits can help you as you save and invest for the future. Bad habits can leave you treading water (or underwater) financially. Here are some to avoid. Read more