No matter what your current health status is, it’s always important to be realistic about what the future could hold. Why? Because around 70% of Baby Boomers will need long-term care at some point in their lifetime, and…more
In addition to the standard Medicare tax of 1.45% (or 2.9% for self-employed individuals), high-income earners may also be subject to the Medicare Surtax, or Net Investment Income Tax (NIIT), and the Additional Medicare Tax, depending upon their…more
Diversification, with risk spread across various asset types, can help reduce portfolio volatility. The classic rule of 60/40 allocation, with less volatile bonds (40%) matched by riskier equities (60%), may have been a reliable method, but it could…more
The key to nailing tax season is preparation. To help you gather your thoughts and get organized, we’ve created this simple checklist on what you should be thinking about as you prepare to meet with your CPA or…more
Tax planning may not be top of mind this time of year, but giving it some thought can help maximize your long-term savings and boost your retirement nest egg. It isn’t something that needs to take a lot…more
Even before President Biden took office, many high-net-worth individuals began preparing for the possible tax changes ahead. And now that lawmakers are hard at work figuring out how to pay for the $3.5 trillion budget resolution they passed…more