May 21st, 2019

Options and Benefits of Roth IRA Contributions

If you own an Individual Retirement Account (IRA), you may have heard about Roth IRA conversions. Converting your traditional IRA to a Roth IRA can make a lot of sense depending on your situation. But remember, consulting with your financial advisor here at Kendall Capital before making financial decisions is always a good idea.      … Continue reading “Options and Benefits of Roth IRA Contributions”

May 20th, 2019

The Problem of Money Paralysis

Not making a move is not always the best move to make.  A decision not made may have financial consequences. Sometimes, we fall prey to a kind of money paralysis, in which financial indecisiveness is regarded as a form of “safety.” Retirement seems to amplify this tendency. If you are single and retired, you may … Continue reading “The Problem of Money Paralysis”

May 8th, 2019

TOD or Living Trust?

How do you keep assets out of probate? If this question is on your mind, you should know that there are two basic ways to achieve that objective. One, you could create a revocable living trust. You can serve as its trustee, and you can fund it by retitling certain accounts and assets into the … Continue reading “TOD or Living Trust?”

April 22nd, 2019

When Should You Consider an IRA Charitable Rollover?

Have you ever wanted to make a major charitable gift? Would you like a federal tax break in acknowledgment of that gift? If so, an IRA charitable rollover might be a good option. If you are age 70½ or older and have one or more traditional IRAs, you may want to explore this tax provision. … Continue reading “When Should You Consider an IRA Charitable Rollover?”

February 6th, 2019

The Difference Between Mutual Funds and ETFs

If you are new to the investing world, you may be wondering what the difference between mutual funds and exchange-traded funds are. While there are similarities between the two, the differences could determine whether one or the other, or a mix of both, makes the most sense for you. It’s quite important to understand the … Continue reading “The Difference Between Mutual Funds and ETFs”

January 7th, 2019

Why Now Could Be a Good Time for a Roth IRA Conversion

Roth IRAs are one of the best gifts that Congress has ever given Americans when it comes to saving money for retirement. Contributions grow tax deferred like with traditional IRAs, but withdrawals are usually tax-free if they’re made after you turn 59½ years old. Also, there are no Required Minimum Distributions (RMDs) with Roth IRAs … Continue reading “Why Now Could Be a Good Time for a Roth IRA Conversion”

December 10th, 2018

Year-End Tax Opportunities

Each year, U.S. taxpayers face several year-end deadlines which, if ignored, can be costly and in some cases punitive. In the latter category, consider people over age 70 1/2 who fail to take the full required minimum distribution from their IRA or 401(k). If they get the calculation wrong, or forget the distribution altogether before … Continue reading “Year-End Tax Opportunities”

December 3rd, 2018

Save Time and Money When it Comes to Donations and Tax Time

Carol Petrov discusses the impacts of the new charitable gifting laws, and how to save time and money when it comes to donations and tax time.

May 10th, 2018

The Many Benefits of a Roth IRA

The Roth IRA changed the retirement savings landscape when it was established in the Taxpayer Relief Act of 1997 becoming a fixture in many retirement income strategies. This analysis offers a closer look at the trade-off you make when you contribute to a Roth IRA versus other types of investment accounts. When compared to a … Continue reading “The Many Benefits of a Roth IRA”

April 10th, 2018

Montgomery County’s Revenue Decline: What It Means for Everyone

It’s been awhile since the U.S. economy has been as strong as it is right now. GDP growth is up, unemployment is down and the stock market is booming. In the midst of all this economic good news, though, Montgomery County is facing a serious revenue shortfall. The county is projecting a $120 million shortfall … Continue reading “Montgomery County’s Revenue Decline: What It Means for Everyone”