If there's a silver lining to above average inflation, it's that we may end up paying a bit less in taxes because of it. Below we list out 6 ways that inflation could cut your taxes in 2023. Higher Retirement Contribution Amounts Larger Tax … [Read more...] about 6 Ways Inflation Will Cut Your Taxes in 2023
A Year in Review: Optimism is The Only Realism
2022 is in the books. It was a year of many "firsts". Never before had we witnessed both the broad equity index and the bond market index clocking double-digit percentage losses in the same calendar year. As depressing as that sounds to hear I must … [Read more...] about A Year in Review: Optimism is The Only Realism
A Review of 2022 Forecasts
Ever wanted to travel back in time? Google has a fun tool where you can select search results from a specific time period: At the end of each year, I find it interesting to go back 12 months prior and see what market forecasters were saying … [Read more...] about A Review of 2022 Forecasts
Tax Gain Harvesting
As we approach the end of the year, many investors will be considering tax-loss harvesting which is a common technique to take advantage of losses on capital assets. Another concept that should be considered is tax gain harvesting. Tax Gain … [Read more...] about Tax Gain Harvesting
2022: The Revenge of Value Investing
2022 has not been a pleasant experience for investors. In recent memory, bonds have provided a safe haven during equity market selloffs but 2022 has reminded us that bonds can be volatile as well: 2022 stands as a harsh reminder that … [Read more...] about 2022: The Revenge of Value Investing
Scott Wimmer Joins Meredith Wealth Planning
Intro from Mark: I am thrilled the day has come where Scott and I have the opportunity to work together, and that the firm can once again accept new clients. This is an idea we have kicked around for years but the timing was never quite right, until … [Read more...] about Scott Wimmer Joins Meredith Wealth Planning
2023: Social Security, Medicare, and Tax Changes
By now you have probably heard that Social Security Income benefits are scheduled to increase by 8.70% in 2023. According to the Social Security Administration, the average monthly Social Security benefit will increase from $1,681 to $1,827. Below … [Read more...] about 2023: Social Security, Medicare, and Tax Changes
It’s All About Discount Rates
Shares of stock represent very small ownership stakes in businesses. How do we arrive at a fair value of what any business is worth? You take all future estimated cash flows from the business, and discount them back a certain rate to a present value. … [Read more...] about It’s All About Discount Rates
Investor Reassurance
The longer an investor's portfolio is beneath an all-time high, the more doubts start to creep into their mind. The common words of wisdom begin to grow old such as "stay the course", "buy low", or "it always recovers". Patience is tested. One may … [Read more...] about Investor Reassurance
Student Loan Forgiveness
I am aware that no one really wants to hear their financial advisor voice opinions over a political issue, so I'll try to only do this on rare occasions. Student loans and college planning are well within the realm of financial planning, so here we … [Read more...] about Student Loan Forgiveness
