SECURE Act Makes Improvements to Nation’s Retirement Policy

Final legislation enacted December 20, 2019 included the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which consists the most updates to retirement legislation in over a decade.  Many of the provisions aim to encourage more Americans to improve their retirement savings.  And while many of the changes offer

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Is Your Estate Plan in Order?

With the estate and gift tax exemption at $11.58 million ($23.16 million for a married couple), there are fewer people that are exposed to the federal estate and gift tax.  However, unbeknownst to many, the $11.58 million exemption (indexed for inflation) will be retired in 2025 and go back to

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Five Steps to Completing the New W-4 Form for 2020

The Tax Cut and Jobs Act (TCJA) brought about numerous changes to many IRS forms. To more accurately calculate employee withholding, the W-4 Employee’s Withholding Certificate was altered for 2020. The previous form focused on personal exemptions, while the new form considers all aspects of income. The new W-4 has

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What is a Personal Financial Specialist?

And what are the benefits of meeting with a Personal Financial Specialist? To continue to be recognized as a contributor to the financial planning sector, the American Institute of Certified Public Accountants (AICPA) has developed its own credential including membership resources.  Titled the Personal Financial Specialist (PFS), candidates must first

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Maximize Endowments by Leveraging Life Insurance

During your lifetime, there are many drivers for seeking life insurance policies; oftentimes to function as a replacement of income in the event of tragedy or other loss.  Each situation is unique; however, and beneficiaries can be set as family members, children, a closely held business or even a business

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