Naming a trust as a beneficiary on your retirement accounts comes with benefits when the right language is used. We explain the key factors to consider when drafting beneficiary designations.
Read MoreAs we build your balance sheet to achieve financial independence, we need to ensure you’ve considered what might happen to those savings when you pass away. One key action in this process is designating a beneficiary.
Read MoreWealth Advisor Kyle Grabenstetter CFP® was interviewed on WGN Radio’s “Your Money Matters”, where he discussed the child tax credit and answered common questions.
Read MoreWealth Advisor Kyle Grabenstetter CFP® was interviewed on WGN Radio’s “Your Money Matters”, where he discussed the child tax credit and answered common questions.
Read MoreWhen it comes to investment management, merely constructing a portfolio is not enough. Having the right mix of securities and understanding each security’s expected return, standard deviation, and correlations to each other is highly important.
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The American Rescue Plan expanded limits on both Dependent Care FSAs and the Child and Dependent Care Credit. What’s best for your family depends on your situation. We break down what’s changed and how to maximize your savings in 2021.
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Wealth Advisor Kyle Grabenstetter CFP® was interviewed for the Action & Ambition podcast, featured on Entrepreneur.com, where he discusses his thought process as a financial advisor and how he works with his clients to create sound recommendations based on their lifestyle and aspirations.
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Incentive Stock Options can be confusing, so we’re here to give you a quick introduction. Understanding their tax implications is important to fully capitalize on their value.
Read MoreLearn about upstream gifting: when you give assets to family members older than you. The opposite of leaving an inheritance, upstream gifting has some advantages worth considering.
Read MoreAccording to the Cybersecurity and Infrastructure Security Agency (CISA), the current pandemic has led to an increase in cyber threat activity, specifically with several Covid-19 related scams.
Read MoreAccording to the Social Security Administration, “Social Security was a major source of income for at least 50% of filing couples and 71% of non-married filers in 2015.”1 Though these figures have continued to decline each year due to improving savings habits and earnings growth, they show that Social Security continues to play a significant role in most retiree’s income.
Read MoreLet’s face it—thinking about what happens after we pass away is not the most pleasant subject to consider. And understandably, it tends to get pushed to the bottom of our agenda when it comes to the conversations we have with our loved ones.
Read MoreStarting a new job tends to fill people up with nervous energy. It’s exciting to meet new people and learn new things.
Read MoreAccording to the latest study by the Centers for Disease Control and Prevention, from 1900 to 2016, the average lifespan for an individual living in the United States increased from 47 to almost 79 years of age – an increase of 66%.
Read MoreAccording to the Social Security Administration, a person who turned twenty years old in 2017 has a 6.1% chance of dying before normal retirement age and a 26.8% chance of becoming disabled.
Read MoreIt is nearly guaranteed you will see at least one billboard advertising legal services when you drive on a highway these days.
Read MoreIndividuals age 65 or older are the fastest growing age group today and are expected to be over 25% of the population in the next 50 years.
Read MoreAs the proverbial phrase goes, “You can’t have your cake and eat it, too.” In life, it is often difficult, if not impossible, to have the best of both worlds.
Read MoreOften times when most of us think of a trust document, we tend to associate them with wealthy individuals who use them to pass their wealth onto their children or grandchildren.
Read MoreAs financial advisors, we often get inquiries from clients about why they didn’t receive the lowest mortgage rate despite having ample income and assets.
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