Jump-Start Your Child’s Retirement with a Roth IRA

How to Jump-Start Your Child’s Retirement By Ryan Rink CFP®, ChFC®, CLTC® One of the best retirement savings vehicles is the Roth IRA.  With a Roth IRA, you make after-tax contributions, experience tax-free growth and have tax-free withdrawals (provided you take the money out after age 59.5 and satisfy a 5-year holding period). Most of…

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How to Reduce Premiums on Your Marketplace Plan

  By Brian Ellenbecker CFP®, EA®, CPWA®, CIMA®, CLTC® Have a Marketplace Health Insurance Plan?  Follow These Steps to Lower Your Premium! As a part of the American Rescue Plan of 2021, Premium Assistance Tax Credits have been increased for anyone who is enrolled in a Marketplace plan for 2021 or 2022.  The amount of…

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IRS Provides Details on April 15 Postponement

By Brian Ellenbecker CFP®, EA®, CPWA®, CIMA®, CLTC® On Monday, March 29, the IRS issued additional guidance and details on its announcement to postpone the April 15 tax filing deadline for 2020 individual tax returns. Below are the highlights from this announcement: The tax filing deadline for 2020 individual income tax returns was extended to…

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Social Security Benefits for Spouses, Children and Survivors

By Brian Ellenbecker CFP®, EA®, CPWA®, CIMA®, CLTC® Choosing when to apply for Social Security benefits is an important decision and can greatly impact a person’s ability to meet their retirement goals. The decision becomes more complex if a person is or was married or has children eligible to receive benefits. It’s possible those individuals…

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