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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 [...]

Retiring This Year? 3 Money Moves To Make Right Now

2021-10-15T11:37:24-05:00October 15th, 2021|Blog|

Retiring This Year? 3 Money Moves To Make Right Now By: Stacey Nickens Congratulations! You have worked hard your entire life, and you are ready to rest and enjoy the fruits of your labor. As a financial advisor, I have loved assisting so many clients in moving into and through retirement. As you get closer [...]

3 Common Mistakes People Make When Claiming Social Security

2021-07-16T16:22:53-05:00July 16th, 2021|Blog|

3 Common Mistakes People Make When Claiming Social Security By: Margaret Nickens Social Security helps many Americans fund their retirement, but sorting through all of the different claiming strategies and rules can be challenging. Retirees may end up claiming their Social Security benefits too early or claiming in a manner that doesn't best meet their [...]

Developing an Estate Plan: Drafting a Will and Designating Powers of Attorney

2020-11-23T15:56:47-05:00November 23rd, 2020|Uncategorized|

Developing an Estate Plan: Drafting a Will and Designating Powers of Attorney By: Stacey Nickens Christmas wish lists were popularized in the late 1800s. An illustrator, Thomas Nast, published a series of pictures depicting Santa Claus reading letters from naughty and nice children. Nast later drew and published a picture of a child mailing their [...]

Developing an Estate Plan: Creating a Master Directory

2020-11-20T17:33:05-05:00November 20th, 2020|Blog|

Developing an Estate Plan: Create a Master Directory By: Stacey Nickens I've always been a planner. When I homeschooled my children, I loved making their daily checklists and printing those checklists on pretty, bordered stationaries. I'm known for my love of calendars and flash cards, and I've never seen I list I didn't like. However, [...]

Your Fall Financial and Tax Planning Checklist

2020-10-07T10:11:17-05:00October 6th, 2020|Blog|

Your Fall Financial and Tax Planning Checklist By: Stacey Nickens For me, Fall is a time to reflect on my year thus far, honor my accomplishments, and make changes to finish the year on a high note. I like to think about a few questions. What were my goals at the beginning of the year? [...]

Tip of the Day: Consider Converting Your RMD to a Roth IRA

2020-08-31T17:00:09-05:00August 19th, 2020|Blog|

Tip of the Day: Consider Converting Your RMD to a Roth IRA By: Stacey Nickens If you have a retirement account, you will need to withdraw a certain amount of funds from it each year once you turn 72. This amount is called a Required Minimum Distribution (RMD). However, due to the CARES Act, no [...]

Q & A: How much of my Social Security benefit will my spouse be able to collect?

2020-08-31T17:01:00-05:00August 7th, 2020|Blog|

Q & A: How much of my Social Security benefit will my spouse be able to collect? By: Stacey Nickens Your spouse could be entitled to as much as half of your Social Security benefit. If you take your benefit before your full retirement age, both you and your spouse will receive a reduced benefit. [...]

Tip of the Day: Delay Taking Social Security Benefits

2020-08-31T17:03:04-05:00July 27th, 2020|Blog|

Tip of the Day: Delay Taking Social Security Benefits By: Stacey Nickens In general, I encourage clients to delay taking Social Security whenever possible. Doing so can allow you to access Delayed Retirement Credits. Beginning at your Full Retirement Age, you can take Social Security without facing a penalty; however, for every year you wait [...]