October 16th, 2020

Where is Your Priority: Tax Preparation or Tax Planning?

Tax planning is very different than tax return preparation. The goal of tax preparation is to minimize your tax owed this year. The goal of tax planning is to maximize your after-tax net worth by minimizing your taxes owed over your lifetime. Both are important, but it matters where your priorities are. We often help … Continue reading “Where is Your Priority: Tax Preparation or Tax Planning?”

October 2nd, 2020

End-of-the-Year Money Moves for Middle-Class Millionaires

Here are some things you might consider before saying goodbye to 2020.  What has changed for you in 2020? For many, this year has been complicated to say the least. Did you start a new job or leave a job behind? Did you retire? Did you start a family? If notable changes occurred in your … Continue reading “End-of-the-Year Money Moves for Middle-Class Millionaires”

September 14th, 2020

Why Roth IRA Conversions May Now Be Advantageous

Thanks to a couple of factors, some Middle-Class Millionaires are thinking about this move before 2020 ends. Kendall Capital can help evaluate whether or not this is a beneficial strategy for you. Roth IRAs have attracted retirement savers since their introduction in 1998. They offer the potential for tax-free retirement income, provided Internal Revenue Service rules … Continue reading “Why Roth IRA Conversions May Now Be Advantageous”

September 2nd, 2020

Conquering Retirement Challenges for Women

When it comes to retirement, some women face obstacles that can make saving for retirement a challenge. Women typically earn less than their male counterparts and often take time out of the workforce to care for children or other family members. Added to the fact that women typically live longer than men, retirement money for … Continue reading “Conquering Retirement Challenges for Women”

August 6th, 2020

The A, B, C, & D of Medicare

Breaking down the basics.  Whether your 65th birthday is on the horizon or decades away, understanding the different parts of Medicare is critical, as this government-sponsored program may play a role in your future health care decisions. This is such an important topic that we recently hosted a webinar for our clients to go over … Continue reading “The A, B, C, & D of Medicare”

August 6th, 2020

How to Use a Family Dynasty 529 Plan for Multigenerational College Planning

According to the Bureau of Labor Statistics, individuals with 4-year college degrees earn, on average, almost $25,000 more per year than those who never attended college, while those with professional degrees earn over $60,000 per year more than those who never attended college. Yet, given the steep price of a college education and the high … Continue reading “How to Use a Family Dynasty 529 Plan for Multigenerational College Planning”

July 17th, 2020

Big Changes to Account Rules Make 2020 a Unique Year for Retirement

These changes can be attributed to two major pieces of legislation: the Setting Every Community Up for Retirement Enhancement (SECURE) Act, and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. We encourage you to reach out to an advisor at Kendall Capital to discuss how this may impact your portfolio and financial plans. Here … Continue reading “Big Changes to Account Rules Make 2020 a Unique Year for Retirement”

June 15th, 2020

Before You Claim Social Security

There are a few things you may want to think about before filing for benefits. Whether you want to leave work at 62, 67, or 72, claiming the retirement benefits you are entitled to by federal law is no casual decision. Our clients here at Kendall Capital often want to evaluate this as they approach … Continue reading “Before You Claim Social Security”

June 9th, 2020

Eldercare Choices in the COVID-19 Era

Given the threat of COVID-19, seniors today may be considering their extended care alternatives with extra caution. In addition to health factors, the cost can be an issue. According to Genworth’s 2020 Cost of Care Survey, the median annual cost of a semi-private room in a nursing home is now $90,000. A single-occupancy room may … Continue reading “Eldercare Choices in the COVID-19 Era”

May 18th, 2020

The Pros and Cons of In-Service Retirement Plan Rollovers

Should you withdraw and reinvest your retirement plan money while you are still employed? Did you know you might be able to take some or all of the money in your 401(k), 403(b), or 457 plan and roll it over into another type of retirement account? Were you aware that you could do this while … Continue reading “The Pros and Cons of In-Service Retirement Plan Rollovers”