Category: Investment

It is time to start thinking about moves that may help lower your tax bill for this year and next. This year’s planning is more challenging than usual due to the uncertainty surrounding pending legislation that could, among other things, increase top rates on both ordinary income and capital gain starting next year. Whether or … Continue reading “Year End Tax Planning for Middle-Class Millionaires”

Most American workers who have at least 10 years of work history will be able to start taking Social Security benefits as soon as they reach age 62. But should they? Some years back, there was considerable debate about whether a person was better off receiving the monthly checks early and investing them in the … Continue reading “Social Security: Take or Delay?”

When the 2017 Tax Cuts and Jobs Act raised the standard deduction for taxpayers to $24,000 for couples ($12,000 for singles), and lowered individual tax rates, an unintended consequence was to reduce the tax benefits of making charitable donations. Fewer taxpayers were itemizing, which means their donations didn’t count as deductions. Itemizing taxpayers—including people who … Continue reading “QCDs to the Rescue”

Reports from the Federal Reserve, which sets interest rate policy in the U.S., have famously told us that the current inflation that we’re experiencing is “transitory” despite a lot of data that might seem contradictory.  (Has anybody seen gas prices lately?  Has anybody tried to buy a house in this market?) The current labor shortage … Continue reading “Inflated COLA”

Wise investors take the “big picture” view. Many of our Middle-Class Millionaire clients have heard what’s brewing in Washington, D.C., often referred to as The Build Back Better Act, the $3.5 trillion budget reconciliation bill, or the Jobs and Economic Recovery Plan for Working Families. Regardless of what name you’ve heard, one fact is clear: … Continue reading “Are Your Taxes Going to Change?”

Health Savings Accounts, called HSAs for short, function differently than most other kinds of accounts. We call them financial planning “unicorns” because of how differently they’re handled from a tax and estate planning standpoint. During your lifetime, an HSA can be a very effective savings tool for funding medical expenses, especially since the IRS allows … Continue reading “Managing your Health Savings Account Effectively in your Estate Planning”

Should you withdraw and reinvest your retirement plan money while you are still on the job? Did you know you may be able to take your 401(k), 403(b), or 457 plan and roll it into another type of retirement account while you are still working? We often have clients here at Kendall Capital wondering if … Continue reading “The Pros and Cons of Early Retirement Plan Rollovers”

How much could a college education cost in the 2030s? Those of you with kids may want to take a deep breath and sit down before reading the next paragraph.  A MassMutual analysis projects that four years of tuition, room, and board at a private college will cost nearly $369,000 in 2031. An article at … Continue reading “Ways to Ease the Cost of College”

Since the 1980s, unemployment rates have trended higher amongst men than women during a recession. In previous periods of economic downturn, this made sense. Male-dominated industries like construction and finance were the sectors most heavily impacted by a recession, when trade and industrial activity declines. But with the onset of COVID-19, we’ve seen a shift … Continue reading “How COVID-19 Caused a “She-Cession””

Study suggest that these relationships can make a difference.   What is a relationship with a financial professional at Kendall Capital worth to an investor? We get this question a lot when we start a relationship with our middle-class millionaire clients here at Kendall Capital. A 2019 study by Vanguard, one of the world’s largest money … Continue reading “Measuring the Value of a Financial Advisor at Kendall Capital”