The holiday season is fast approaching and as the new tax law is nearing its one year anniversary, it is important for Montgomery County residents to understand how charitable gifting is affected by the new law. An estimated 30% of charitable donations happen during the last month of the year, from #GivingTuesday through December 31st, … Continue reading “The Giving Season is Approaching: Understand the Impacts to Charitable Gifting Under the New Tax Laws”
The Giving Season is Approaching: Understand the Impacts to Charitable Gifting Under the New Tax Laws
Clark shares his thoughts on the recent market pullback, what’s causing the volatility, and how the investment community should respond.
If a random person off the street handed you $10,000 in cash and would pay the taxes on this windfall, what would you do with it? Researchers asked this question of people who they categorized in the Millennial generation (age 18-34), Generation Xers (age 35-54) and Baby Boomers (over age 55), and charted the responses. … Continue reading “Generational Financial Divide”
For our parents, living to 75 amounted to a nice, long life, and Social Security was often supplemented by a pension. The Social Security Administration estimates that today’s average 65-year-old female will live to age 86.6. Given these projections, it appears that a retirement of 20 years or longer might be in your future. Are … Continue reading “Retirement Planning Tips for Women”
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”
Advice for the Middle Class Millionaire Clark shares his thoughts on target date funds.
What kind of role can a financial professional play for an investor? The answer: a very important one. While the value of such a relationship is hard to quantify, the intangible benefits may be significant and long lasting. A good financial professional can help an investor interpret today’s financial climate, determine objectives, and assess progress … Continue reading “The Importance of Working with a Financial Professional”
Clark describes how Kendall Capital adds value for our clients.
Much has been written about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Aside from these blunders, there are also some classic financial missteps that plague retirees. Calling them “mistakes” may be a bit harsh, as not all of them represent errors in judgment. Yet whether they result from ignorance or … Continue reading “Retirement Planning Mistakes”
Seniors in the Washington D.C. area and the rest of the country received good news this fall. Next year, monthly Social Security income payments to retirees will increase by 2.0%. That will mean an extra $326 – roughly $27.40 a month – for the average Social Security recipient in 2018. This is the largest cost-of-living … Continue reading “Examining the 2018 Social Security COLA and Increased Medicare Premiums”