by Bryan Wisda, CFP® | Sep 2, 2024 | Advanced Planning, Tax Planning, Wealth Management, Wealth Transfer
This is a game-changer for married couples residing in Kentucky with assets with significant capital gains. As a certified financial planner, I’m always looking for strategies to help my clients optimize their financial futures. Today, I’m excited to share...
by Bryan Wisda, CFP® | Aug 24, 2024 | Tax Planning
When it comes to tax expertise, an Enrolled Agent (EA) stands at the pinnacle of the tax profession. These highly qualified professionals have earned the distinction of being the only federally licensed tax practitioners who specialize in taxation and have unlimited...
by Bryan Wisda, CFP® | Aug 8, 2024 | Advanced Planning, Tax Planning, Wealth Transfer
I’ve been a financial advisor since 2001 and a CFP® since 2006. In all those years, I’ve never had a client die who was the owner of an inherited IRA (sometimes referred to as a beneficiary IRA). Unfortunately, this scenario just played out and I had to do...
by Bryan Wisda, CFP® | Aug 1, 2024 | Advanced Planning, Retirement Planning, Tax Planning
Are you approaching retirement or already enjoying your golden years? If so, you’ve likely heard of Medicare, but you might not be familiar with IRMAA. This lesser-known aspect of Medicare can have a significant impact on your retirement finances and tax...
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 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...
