Category: Investment

The COVID-19 pandemic has shaken up nearly every aspect of American life. To say it’s been a difficult time would be an understatement.  However, difficult times may open doors to new possibilities. Businesses are changing their ways of operating, and individuals are exploring new avenues for investment. It may be time for Middle-Class Millionaires to … Continue reading “Roth IRA Conversion in the Era of COVID-19”

Recently, the $2 trillion “Coronavirus Aid, Relief, and Economic Security” (“CARES”) Act was signed into law. The CARES Act is designed to help those most impacted by the COVID-19 pandemic, while also providing key provisions that may benefit retirees. To put this monumental legislation in perspective, Congress earmarked $800 billion for the Economic Stimulus Act … Continue reading “Key Provisions of the CARES Act”

Your portfolio may be in the red, but your tax planning just might be in the green – if you know how to work those losses. Anxiety around the spread of coronavirus, along with recession fears, have sent major stock indexes into a tailspin. While selling out of the market altogether could hurt your long-term … Continue reading “How Coronavirus-Fueled Investment Losses May Help Cut Your Taxes”

Many of our Montgomery County clients dream of moving to a lower-cost area of the country when they retire in order to stretch their retirement savings out further. In particular, they envision saving thousands of dollars every year in taxes by moving to a state with no state income tax like Florida, Texas, or Nevada. … Continue reading “Does Leaving Maryland Purely for Tax Reasons Really Make Sense?”

What do you do with big money? Sudden wealth can help you address retirement saving or college funding anxieties, and it may also allow you to live and work on your terms. On the other hand, you’ll pay more taxes, attract more attention, and maybe even contend with jealousy or envy. You may also deal … Continue reading “When a Windfall Comes Your Way”

Why do so many people choose them over traditional IRAs? The IRA that changed the whole retirement savings perspective. Since the Roth IRA was introduced in 1998, its popularity has soared. It has become a fixture in many retirement planning strategies for our clients here at Kendall Capital because it offers savers so many potential … Continue reading “A Roth IRA’s Many Benefits”

Here is what you need to know. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines.  We encourage you to talk to your advisor here at Kendall Capital and a tax professional ahead of these tax and IRA deadlines.      April 1, 2020 is the … Continue reading “2019 IRA Deadlines Are Approaching”

This is happening in subtle and not-so-subtle ways. You may have seen this statistic before or one resembling it: the average 65-year-old retiring couple can now expect to pay more than $250,000 in health care expenses during the rest of their lives. In fact, the cost is now projected at $285,000. The effort to prepare … Continue reading “Health Care Costs Are Cutting into Retirement Preparations”

Student loans can often feel like an insurmountable avalanche of interest and payments with no end in sight, and perhaps even make you question why you ever took on the loan in the first place. However, here at Kendall Capital, we want to help lift the cloud of debt over our clients and celebrate their … Continue reading “Unique Student Loan Options for Borrowers”

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, includes many bi-partisan reforms that increase access to workplace retirement plans and expand opportunities for personal retirement savings. Most provisions in the law become effective January 1, 2020. These FAQs provide an initial overview of some of the key changes outlined … Continue reading “The SECURE Act Key Changes and FAQ’s”