Reflections Blog
3 Tax-Smart Ways to Help Your Children
Before you gift you child cash, stop and consider these tax-saving alternatives
Trade Wars: Is There Another Side to the Story?
What could the consensus be getting wrong when it comes to tariff concerns?
The Top 4 Regrets in Retirement
Retirement withdrawal strategies including filling lower brackets with partial Roth IRA conversions and minimizing RMDs
How to Contribute Far More Than $19,500 to Your 401(k)
Adding a cash balance plan to your 401(k) can allow you to make significantly larger retirement plan contributions and save on taxes
Why We Created Fi-Care
We developed Fi-Care Financial Wellness with the goal of helping our business owner clients to improve company culture.
Tax Cuts and Jobs Act Of 2017: What to Do Before Year End
How to Maximize deductions that are soon going away
Stop Giving Your Cash to Charities (Use Appreciated Stock Instead)
Donate appreciated stock for a bigger giving impact and more tax savings
FAFSA Myths Busted: How affluent families might still qualify for aid
Understand how your income and assets may work against you when you apply for aid
Supercharge your Roth IRA
Don’t let Roth IRA income limits prevent you from gaining tax-free growth
Graduation Gifts for Life Lessons
Give a ‘Grad a fish, they’ll eat for a day. Teach them how to fish and they’ll eat forever.
How to Launch a 401(k) Plan
Six steps to guide you through this critical component of employee satisfaction
4 Mistakes to Avoid with Your Company Stock Option Plan
Make sure you maximize your stock option benefits by avoiding these four mistakes
Five Rules of Estate Planning
Save yourself large amounts of stress and money with these five estate planning guidelines
Four Simple New Year’s Resolutions That Will Stick
Straightforward financial resolutions to aim for in the new year
Tax Strategies for a Windfall Year
Lower your taxes after selling a business, receiving a major bonus, or receiving other windfall
What Sole Business Owners Need to Know About Solo 401(k) Plans
As a sole business owner, a Solo 401(k) allows you to pay yourself up to $58,000 as both an employee and an employer.
Not so Simple: What Business Owners Need to Know About Simple IRAs
A SIMPLE IRA allows employees to save pre-tax and companies to make smaller contributions without the administrative requirements of a 401(k).
No 401(k)? No Problem. Why SEP IRAs Work for Some Small Businesses
SEP IRAs can be a good option for sole proprietors or small companies seeking a plan that is flexible and simple to administer, with high limits on contributions.
Why Some Business Owners Choose a Safe Harbor 401(K) over a traditional 401(k)
A Safe-Harbor 401(k) plan provides a minimum level of contributions to all employees, freeing owners and highly compensated employees to receive larger profit-sharing payments.
When is a Defined Benefit Plan a Good Option for Business Owners?
A Defined Benefit Plan can help older owners of highly profitable businesses squeeze twenty years of savings into ten
What business owners need to know about 401(k) plans
A 401(k) allows high levels of employee pre-tax saving with the option for employers to make contributions, all professionally managed and administered.
The Up Side of Down: Stock Market Declines & Annual Returns
Despite average intra-year drops of 14.2%, annual returns have been positive in 27 of 35 years.
Window Closing for Social Security Rule Change Claiming Strategies
Maximize your Social Security benefits now while you still can.
Average Returns Aren’t Normal, Normal Returns are Extreme
An average return is in fact exceedingly rare.
How Working in Retirement Affects Social Security
Avoid having your benefits reduced and perhaps see an increase while working
Three Ways to Lower Student Loan Payments
Gain financial freedom by improving your student loans terms
Will I Pay Tax on Social Security?
Make the most of the money you’ve saved during your working years by understanding Social Security taxation rules
Year-End Financial Planning Checklist
Six key financial planning ideas to review before year-end
