Guest Author, Chris Lauer – The New Corporate Transparency Act
Corporations. LLCs. Limited partnerships. Whatever the form, millions of Americans own interests in entities like these, and millions more exercise control over them as managers and directors. There are good reasons why so many people own and control entities like these: they can limit an owner’s personal liability, manage important assets without dispersing control among […]
Spring Cleaning Your Financial Safe: A Guide to Decluttering Your Important Documents
As flowers bloom and the days grow longer, spring brings a sense of renewal and a perfect opportunity to spring clean your home. And what about your financial wellness? This season, extend your spring-cleaning efforts to include the essential documents and valuables in your safe. As always, we recommend consulting with your team of experts: […]
Quarterly Performance Reports: A Clear Look at Your Investment Journey
Quarterly Performance Reports: A Clear Look at Your Investment Journey As we close out the first quarter and prepare to share your Q1 performance, we at Alaska Wealth Advisors understand the importance of keeping your financial goals at the forefront of everything we do. Quarterly Performance Reports (QPR) are one way that we communicate how […]
Understanding Retirement Account Contribution Limits in 2024
Planning for retirement involves making strategic decisions about how to save and invest your money. Contributing to retirement accounts is a key aspect of this planning, but it’s important to be aware of the contribution limits set by the IRS for various types of accounts. In 2024, these limits remain critical factors for those seeking […]
Optimizing Employer Sponsored “After-Tax Contributions”
Not every employer sponsored 401(k) plan is created equal. Many larger employers plans allow “After-Tax Contributions”, inside their 401(k) plan. These “After-Tax Contributions” often are for contributions made by an employee above the employee contribution limit, but some plans allow you to contribute to them over time. Employees with plans allowing these types of contributions […]
5 Considerations for Bridging an Early Retirement
Many individuals face the decision about whether to retire early – either by choice, stemming from a desire to enjoy more years of leisure, or due to unanticipated changes in employment or other life circumstances. Whatever the situation may be, there are several important factors to consider throughout the decision-making process. Our top 5 list […]
More Gifts From the SECURE Act 2.0
2024 has brought some new positive changes from the Setting Every Community Up for Retirement Enhancement (SECURE) Act 2.0 which was passed in 2022. SECURE 2.0 has raised the Required Minimum Distribution (RMD) age and we are excited about the flexibility that brings. In 2024 the age is 73 and by 2033 it will be […]
Improve Your Tax Filing
It is that time of year again when 1099s and W-2s start flowing in. This year’s filing deadline is April 15 (unless you delay). The past couple of years had deadlines that did not fall on the 15th, but this year does. Here are several simple recommendations that may improve your filing and future tax […]
Don’t Miss Potential Property Tax Savings
Each year around the first of the year, our mailboxes receive a nice little green sheet of paper stating the assessed value of our homes. Our initial excitement to watch our home value grow is quickly sobered with the realization that with growth in value comes growth in property taxes. Before writing that check you […]
Navigating the Investment Headline Jungle: Differentiating Signal from Noise
Finance is notoriously fast-paced and staying informed is crucial, but not all news is created equal. In an era of information overload, it’s essential for investors to distinguish between valuable insights and mere clickbait. Let’s explore strategies to help digest headline news about investments effectively and identify when an article is worth a deeper dive. […]