Watch this Month’s Market Commentary on YouTube: Market Commentary December 2024 – Summit Financial Consulting LLC IRA to Roth IRA Conversions Because of our staggering U.S. Government National Debt, we believe that tax brackets may go up in the future. In addition, if the Tax Cuts and Jobs Act (signed in 2017) is not
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It can be a stressful time when you decide if/when you are going to retire. Shifting from a consistent working income to relying on investments, social security, and other retirement benefits can be difficult to adjust to. This transition highlights the importance of efficient tax planning. We have seen that many retirees want to pay
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We recently discussed Monetary Policy in our previous blog post, and this time around, we will be discussing Fiscal Policy. These two policy efforts are implemented by different parts of the government, with Monetary Policy being controlled by the Federal Reserve and Fiscal Policy being controlled by Congress. However, they both have the same goals: to
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Watch this Month’s Market Commentary on YouTube Market Commentary November 2024 – Summit Financial Consulting LLC Open Enrollment Update If you have health insurance, either individually, for your business, or through Medicare, now is a great time to shop around and make sure you have the best benefits for the price. Call Summit Health today
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Choosing if/when to retire is one of the largest financial decisions someone will make during their lifetime. There are a lot of emotions and stress that can occur during this time, which can cause a change in risk tolerance. When this behavioral change occurs, it is important for the advisor to identify the new risk
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