Jackie Goldstick, CFP®

Wealth Management - Retirement Planning - NAPFA - CFP

Using Donor Advised Funds to Maximize the Value of Charitable Gifts of Appreciated Stock

Through a Donor Advised Fund (DAF), a donor can make a charitable contribution, get an upfront tax deduction, and then recommend what charities to support and when. Funds can be distributed immediately or over time. In addition to the upfront tax deduction, DAFs also offer an added tax advantage when a donor makes a gift…

Details

FeeOnly-CFA-Wealth Management

2019 Contribution Limits for Retirement Accounts

Annual contribution limits for retirement savings accounts for 2018 and 2019, as established by the IRS, are listed below.  Please keep in mind that contributions to Traditional IRAs, Roth IRAs, and SEP IRAs can be made up until the time your tax return is due, including extensions. 2018 2019 Maximum Annual Traditional IRA contribution (under…

Details

Roth IRA 401K Financial Advisor 1000px

What You Need to Know about Roth IRA and 401K Distribution Rules

When saving for retirement, ROTH accounts are becoming increasingly popular.  Unlike traditional IRAs or 401k plans, while contributions to ROTH IRAs and ROTH 401k plans are not tax deductible, distributions are tax-free (so long as certain requirements are met).  If you have ROTH accounts, it is important to understand Minimum Distribution Requirements as they differ from those of traditional IRAs/401ks.

Details

Interest Rates Rise 1000px

Rising Interest Rates and Your Investment Strategy

It’s been approximately a decade since the Great Recession began. By year-end 2008, the Fed had lowered the target federal funds rate to almost zero and embarked on an aggressive quantitative easing campaign. Now, after several years of economic recovery, the Fed has begun to reverse course, restoring its policies and targets closer to historical “norms” through quantitative tightening and gradually rising interest rates.

Details