By implementing a system that uses return stacking to enhance portfolio efficiency, applies probability of failure decision rules to optimize withdrawals, and strategically manages taxes across account types, retirees can significantly improve their financial security throughout retirement while maximizing their standard of living.
The equity market environment has undoubtedly changed. Prior to the volatility the markets have experienced starting Friday, February the 2nd, we were setting records for the length of a bull market with low volatility. We were seeing the one of the best starts to the year for stocks until something changed, so what was it?
The new tax bill has 5 key changes that taxpayers can expect as a result of this new bill, including:
Changes to the personal tax code
Impacts on business owners and the introduction of the pass-through deduction
The ability to utilize a 529 Plan to pay for private elementary and secondary education
The doubling of the estate tax exemption
Read on to learn more.
Every financial advisor worth his or her salt knows the sublime benefits of the well-known and easily-confusing social security strategy called “File-and-suspend.” The strategy was for the higher wage earner to file for benefits but elect to suspend receiving them and so earn deferred retirement credits.
Student debt is a real problem for many college graduates. Over 70% of students will graduate with loans in 2015, according to the Wall Street Journal, and the average debt per borrower is an astounding $35,000. What are some of the best ways to pay down that student debt as quickly as possible?
Independent Financial Planning, LLC is a Virginia registered investment advisor.
