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So far Stacey Nickens has created 200 blog entries.

Gifting Cash To Reduce Your Estate Taxes

2021-12-03T15:30:32-05:00December 3rd, 2021|Blog|

Gifting Cash To Reduce Your Estate Taxes By: Stacey Nickens The giving season is upon us, and you may be sifting through magazines, trying to figure out what to give your relatives. Instead of buying your grandson his fifth pair of headphones, those with highly-valued estates might consider giving cash this holiday season. Doing could [...]

Rebalancing Your Portfolio Without Triggering a Tax Bill

2021-11-29T15:01:45-05:00November 29th, 2021|Blog|

Rebalancing Your Portfolio Without Triggering a Tax Bill By: Stacey Nickens Many investors have seen strong gains in their stock portfolio during 2021. As of close on November 26, the S&P 500 was up 22.3%. An investor who desires certain percentage of their funds to be in stocks may accordingly find that their stock position [...]

Take Advantage of These Tax Breaks Before They Disappear

2021-11-19T15:18:45-05:00November 19th, 2021|Blog|

Take Advantage of These Tax Breaks Before They Disappear By: Stacey Nickens Year-end tax and financial planning is always important. However, the third stimulus payments and changes to the 2021 child tax credit make year-end tax planning especially important this year. Tax payers should be aware of the income thresholds for certain tax benefits. Those [...]

Standard Deduction and Income Thresholds Increasing in 2022

2021-11-12T12:38:42-05:00November 12th, 2021|Blog|

Standard Deduction and Income Thresholds Increasing in 2022 By: Stacey Nickens This past week, the IRS announced the 2022 tax brackets. With inflation on the rise, the IRS has raised the income thresholds for each tax bracket as well as the size of the standard deduction. Both tax brackets and the standard deduction will rise [...]

Investing in Companies Benefitting from Supply Issues

2021-11-08T16:47:53-05:00November 8th, 2021|Blog|

Investing in Companies Benefitting from Supply Issues By: Stacey Nickens I was visiting a friend recently who decided to make me meatballs. They mixed up the spices and ground turkey, but instead of throwing the meatballs in their oven, they pulled a chunky convection oven out of a cabinet. As they put the meatballs into [...]

IRS Releases 2022 Retirement Account Contribution and Contribution Deduction Limits

2021-11-19T13:10:47-05:00November 5th, 2021|Blog|

IRS Releases 2022 Retirement Account Contribution and Contribution Deduction Limits By: Margaret Nickens The IRS released the 2022 contribution limits and deduction income limits for IRAs, 401(k)s, and other retirement accounts. While there's some disappointing news in the batch, there's definitely some increases to celebrate. The Bad News The IRS is not increasing contribution limits [...]

3 Bright Spots from October’s Stock Market Performance

2021-11-01T13:46:23-05:00November 1st, 2021|Blog|

3 Bright Spots from October's Stock Market Performance By: Stacey Nickens As we head towards Thanksgiving, I'm reminded of the power of gratitude. Psychology research has shown that gratitude helps people feel happier, feel more content with their day-to-day lives, become healthier, better manage challenges, and develop stronger relationships. With all that said, I encourage [...]

Goals-Based Savings Can Help You Withstand Market Volatility

2021-10-29T11:53:00-05:00October 29th, 2021|Blog|

Goals-Based Savings Can Help You Withstand Market Volatility By: Stacey Nickens Financial planners and investment advisors have traditionally advocated for a bucket-approach to savings. With the bucket approach, you segment your savings by time until withdrawal. A goals-based approach to saving is a twist on this method. Rather than segmenting your savings by time until [...]

Social Security Will Increase Significantly in 2022

2021-10-18T13:38:19-05:00October 18th, 2021|Blog|

Social Security Will Increase Significantly in 2022 By: Stacey Nickens Retirees will see a large increase in their Social Security benefits in 2022. Last week, the Social Security Administration announced that the cost-of-living adjustment will be 5.9% in the upcoming year. However, seniors should keep in mind that benefits are increasing because inflation is increasing. [...]