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Jacob William Advisory Announces Appointment of Mark Ring to Board of Directors for Better Business Bureau® Serving Greater Maryland
Jacob William Advisory is pleased to announce the addition of its Founding Partner and Wealth Advisor, Mark Ring, to the Better Business Bureau Serving Greater Maryland Board of Directors. He joins a group of seven other new appointees. BBB’s mission to build an ethical marketplace aligns with the vision of thorough, precise and personalized service that inspired Mark Ring and Dan Morrison to found Jacob William Advisory “I know how heavy a burden it can be to own your own business, as well as the joys. I’ve learned that if you wish to surpass your own dreams you can’t always...read the full article
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3 Roth Conversion Traps To Avoid After The SECURE Act
Roth conversions can be a powerful tax and retirement planning technique. The idea behind most Roth conversions is to take money from an IRA and convert it to a Roth IRA. Essentially, you’re paying taxes today instead of paying taxes in the future.
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10 Common Estate Planning Mistakes (and How to Avoid Them)
Estate planning and end of life planning are about taking control of your situation. Death and long-term care later in life might be hard to fathom right now, but we can’t put off planning out of fear of the unknown or because it’s unpleasant. Don’t wait for life to happen to you, though.
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4 Ways To Improve Your Estate Plan
Most people want to plan for a good life and a good retirement, so why not plan for a good end of life, too? Let’s look at four ways you can refine your estate plan, protect your assets and create a level of control and certainty for your loved ones.
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Breaking Down The Basics Of HSAs
Health Savings Accounts (HSAs) might be the single most powerful tax-advantaged savings vehicle in the IRS tax code. You can deduct contributions, experience tax-deferred gains and withdraw money tax free for qualified tax expenditures.
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Busting Three Half-Truths About Reverse Mortgages
A few years back, I conducted and published research in the Journal of Financial Planning that showed Americans don’t understand reverse mortgages. In fact, respondents scored below 50 percent on a 10-question true-false quiz.
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How to Get Investors to Save More for Retirement? Perhaps by Saying Hello to Their Future Self
The number of Americans prepared to meet their basic expenses in retirement has drastically declined in the last 20 years, according to research published by Boston College.
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Breaking Down The Complex World Of Social Security Spousal Benefits
Social Security is part of the bedrock of retirement security in the United States. For one-third of all retirees, Social Security represents nearly all of their retirement income. For two-thirds of retirees, Social Security makes up more than half of their retirement income. Overall, Social Security represents nearly one-third of all retirement income for retirees.
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Wall Street Managers have cost Americans more than $600 Billion over the Past Decade
Over the last decade, fund managers who oversee the pensions of the nation’s teachers, firefighters, police and other government workers have doubled down on an investment strategy that has cost U.S. taxpayers at least $600 billion, possibly more than $1 trillion, investment data and calculations by Yahoo Finance found.
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Financial Tips 2018: How to get ahead on taxes, savings and insurance
It’s 2018 and now’s the time to get your finances in order. To help you and your family make all the right money moves next year, here’s a financial game plan that could help you grow your 401(k), avoid financial ruin and adjust to the new tax rules signed into law by President Trump.
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