by Almega Wealth Management | Oct 1, 2023 | Advanced Planning, Financial Planning, Tax Planning
529 plans have long been recognized as a valuable tool for saving for higher education expenses. However, there is a lot more to these tax-favored accounts than meets the eye. In this comprehensive guide, we delve into the advanced 529 planning strategies and...
by Bryan Wisda, CFP® | Sep 26, 2023 | Advanced Planning, Financial Planning, Retirement Planning, Wealth Management, Wealth Transfer
Oh, the joys of federal ERISA law! Let’s dive deep, shall we? First and foremost, for those caught up in the world of ERISA-covered plans (pension plans and 401(k) type plans, including 403(B), 457, 412(i), and other employer-sponsored retirement plans),...
by Bryan Wisda, CFP® | Sep 13, 2023 | Advanced Planning, Financial Planning, Retirement Planning, Tax Planning
The intricacies of retirement planning and wealth management often introduce several provisions and rules that many may find complex. One such provision is the ‘Rule of 55,’ a rule that pertains to early withdrawals from one’s 401(k) account. This...
by Bryan Wisda, CFP® | Jun 13, 2023 | Investment Management, Wealth Protection
Whenever inflation is high, investors ask, “Have stocks kept up with inflation?” YES! Over time, stocks have not only kept up with inflation but outpaced inflation by a considerable margin. Here’s a video showing the result… For more...
by Almega Wealth Management | May 24, 2023 | Advanced Planning, Wealth Protection
When you apply for life insurance, you’re generally required to undergo a life insurance medical exam. The examiner will record your height and weight, take your blood pressure, collect blood and urine samples, and confirm your answers on...
by Bryan Wisda, CFP® | Apr 26, 2023 | Retirement Planning, Tax Planning
Required Minimum Distribution rules for 401k accounts must be paid attention to if you’re nearing retirement. If you’re nearing retirement age, you’re probably familiar with the concept of Required Minimum Distributions (RMDs). RMDs are the minimum...
