RETIREMENT PLANNING
This employer-sponsored retirement plan often includes an employer match.
What is a 401(k)?
California is one of the states that imposes this type of tax on personal income.
What is a state income tax?
This famous index tracks 500 large publicly traded U.S. companies.
What is the S&P 500?
This financial safety net is generally intended to cover unexpected expenses or temporary loss of income.
What is an emergency fund?
For this type of extended-care coverage, “Andrew” can help clients compare options from multiple major insurance carriers to find coverage that fits their needs.
What is long-term care insurance?
This is the age when most people become eligible for Medicare.
What is 65?
California does not currently impose this tax on property transferred from someone who dies.
What is an estate tax?
When the Federal Reserve changes this, borrowing costs throughout the economy can be affected.
What are interest rates?
This document allows you to name who should receive certain assets after your death.
What is a beneficiary designation?
This professional can help you look at investments, retirement income, insurance needs, and long-term financial goals as pieces of one overall strategy.
Who is a financial advisor?
Unlike a traditional IRA, qualified withdrawals from this type of IRA can be completely tax-free.
What is a Roth IRA?
Under federal law, a married couple filing jointly may potentially exclude up to this much gain from the sale of a qualifying primary residence.
What is $500,000?
A prolonged period of generally falling stock prices is commonly called this type of market.
What is a bear market?
This process involves periodically adjusting investments back toward their intended allocations after markets move.
What is rebalancing?
This retirement account from a former employer can sometimes be forgotten and may be eligible to be rolled into an IRA that a financial advisor can help manage.
What is an old 401(k)?
Waiting beyond your full retirement age to claim Social Security can increase your retirement benefit until you reach this age.
What is age 70?
California homeowners may receive a modest reduction in the taxable value of their primary residence through this exemption.
What is the Homeowners’ Exemption?
Owning stocks, bonds, and other investments rather than concentrating everything in one place is an example of this risk-management strategy.
What is diversification?
Selling an investment at a loss to potentially offset taxable capital gains is commonly known by this term.
What is tax-loss harvesting?
What type of employer-sponsored retirement plan can “Andrew” help business owners establish and manage while providing appropriate fiduciary support?
What is a 401(k) plan?
This IRS rule generally requires certain retirement-account owners to begin taking annual distributions once they reach the applicable starting age.
What are Required Minimum Distributions (RMDs)?
After property is involuntarily converted because of events such as destruction or condemnation, this section of the Internal Revenue Code may allow eligible taxpayers to defer recognizing gain when replacement requirements are satisfied.
What is Section 1033?
This investment risk describes the possibility that rising prices reduce what your money can buy over time.
What is inflation risk?
Investments, retirement, insurance, taxes, estate considerations, and your personal goals can all be coordinated through this broader process.
What is comprehensive financial planning?
This is the name of the financial advisor you should talk to after realizing you have questions about your retirement, investments, insurance, or old 401(k).
Who is Andrew? 😎