This employee benefit & hiring incentive may help your office compete. Provided by Reeve Conover – Conover Consulting Great employees are hard to find. This truth applies for all businesses, including healthcare offices. The challenge just begins at the point of hiring. Finding top-notch workers is one thing; retaining them is another.
The basics on capital gains & deductions. Provided by Reeve Conover – Conover Consulting Buying or selling income property has definite tax consequences. A taxpayer should clearly understand them, whether he or she intends to acquire a property or put one on the market.
Keep an eye on where it goes, as some destinations may be better than others. Provided by Reeve Conover – Conover Consulting You can probably envision how most of your retirement money will be spent. Much of it will be used on living expenses, health care expenses, and, perhaps, debt reduction. Beyond the basics, you will unquestionably reserve some of …
How separate (or intertwined) should your financial lives be? Provided by Reeve Conover – Conover Consulting Some spouses share everything with each other – including the smallest details of their personal finances. Other spouses decide to keep some individual financial decisions and details to themselves, and their relationship is just fine.
Fees matter. Expenses matter. And as your plans’ Trustee, you have a fiduciary responsibility to determine that all fees are “reasonable and necessary” for the proper operation of your plan. Index funds are generally lower-priced, so shouldn’t that be the only thing you offer?
Where do things proceed from that point? Provided by Reeve Conover – Conover Consulting Every day, people die intestate. In legalese, that means without a will. This opens the door for the courts to decide what happens with their estates.
Monetary policy is normalizing due to economic improvement. Provided by Reeve Conover – Conover Consulting On March 15, the Federal Reserve raised the benchmark interest rate by a quarter-point to a range of 0.75-1.00%. The increase was widely expected, and it represented a vote of confidence in the economy.1
Will it apply to your retirement savings distribution? Provided by Reeve Conover – Conover Consulting If you receive a distribution from your IRA or workplace retirement plan, what will you do with it? You will probably want to arrange an IRA rollover – a common and useful financial move designed to take these invested assets from one retirement account to …
Too many people make these common errors. Provided by Reeve Conover – Conover Consulting Many affluent professionals and business owners put estate planning on hold. Only the courts and lawyers stand to benefit from their procrastination. While inaction is the biggest estate planning error, several other major mistakes can occur. The following blunders can lead to major problems.
Health Savings Accounts offer you tax breaks & more. Provided by Reeve Conover, Conover Consulting Why do people open up Health Savings Accounts in conjunction with high-deductible health insurance plans? Well, here are some of the compelling reasons why younger, healthier employees decide to have HSAs.