Tax-Loss Harvesting Tips for 2024
Stock markets broadly recovered in 2023 from a down year in 2022. The S&P 500, for example, gained 24.33% in 2023 after a 19.44% loss the year prior. But even in a strong market, tax-loss harvesting remains an important tactic for investors looking to offset gains and minimize tax liabilities while maintaining a growth-oriented investment approach. Clients can benefit from sound advi...
Year-End Tax Planning for Clients
With the end of the calendar year fast approaching, financial advisors can help clients sort through their finances, including any tax-planning moves they want to make before 2024. This could include tax harvesting, charitable donations or other actions where clients benefit from counsel. Let’s review a few of these scenarios and how you can walk clients through their options. Tax-Loss a...
The Future of Life Insurance, Annuities, and Finance: Technological Advancements and Their Impact on Advisors
The world of finance, insurance, and annuities has always been steeped in tradition. For centuries, the industry has relied on personal relationships and paper-based processes. However, as we enter the digital age, the landscape changes rapidly. Technological advancements are reshaping how we approach life insurance, annuities, and financial planning, and the role of advisors is evolving...
Helping Clients Decide When to Claim Social Security
Deciding when to claim Social Security is a multifaceted decision for people as they approach retirement age. With so many factors to consider, such as employment situation, ongoing financial needs and the dollar reduction from claiming early, clients need professional guidance to make the best decision for their needs. Here are just a few of the considerations your clients should consid...
