by Daniel Shahwan | Jan 15, 2025 | Asset Management
Trusts are estate planning documents that hold any assets transferred to them for later distribution. Trusts differ from wills, which only outline one’s wishes for asset distribution and do not themselves hold assets. A trust can avoid probate if properly made to do...
by Daniel Shahwan | Dec 26, 2024 | Investments
ETFs are widely used investment vehicles to invest in many securities at once. They trade as easily as stocks on the market during the day, making them relatively efficient, liquid and versatile investments. Financial advisors can help clients select ETFs that align...
by Daniel Shahwan | Nov 15, 2024 | Asset Management
It can be exciting to start a new business or begin investing with an existing company. A financial advisor can help guide business owners through investing in securities and managing cash for long-term needs. Small Businesses Small shops are often sole...
by Daniel Shahwan | Oct 29, 2024 | Wealth Management
Saving is better done late than never, but starting earlier could be incomparably better than later. Time value of money (TVM) supposes that a dollar today is worth more than a dollar in the future. A dollar not invested today is exposed to inflation and potentially...
by Daniel Shahwan | Oct 25, 2024 | Wealth Management
A Health Reimbursement Arrangement (HRA) is an employer-funded, tax-advantaged plan that reimburses qualified medical expenses to employees. Health Reimbursement Arrangements (HRAs) HRAs cover a wide variety of medical and dental expenses. Qualified expenses include...
by Daniel Shahwan | Oct 22, 2024 | Wealth Management
Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) help people save on healthcare and have tax advantages. Health Savings Accounts (HSAs) HSAs let those with high-deductible health plans (HDHPs) invest pre-tax dollars in securities. Those investments...
by Daniel Shahwan | Oct 14, 2024 | Trust & Estate Management
It can be exciting to see your loved ones as you give them stocks, especially if the holdings have appreciated. However, choosing the method of giving has tax consequences that impact the recipient. Financial advisors can guide investors through giving, inheriting,...
by Daniel Shahwan | Sep 20, 2024 | Investments
Roth IRAs allow income-earners to save after-tax dollars for retirement and make qualified withdrawals tax-free. Understanding how to properly contribute affects taxes. Contributions The 2024 IRA contribution limit is the lesser of one’s total earned income or $7,000,...
by Daniel Shahwan | Sep 3, 2024 | Taxes
Roth IRAs can allow people with earned income to grow their retirement savings tax-free. Financial advisors can help investors navigate the demands of a Roth IRA. Withdrawals Withdrawing from a Roth IRA looks substantially different than withdrawing from a traditional...
by Daniel Shahwan | Aug 16, 2024 | Investments
Investing is both exciting and daunting for new and experienced investors. Behind the scenes, they are protected by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), which help ensure fair play and trust in the...
