Simple without being simplistic Annual Contribution Max: $13,500 Why we like SIMPLE IRA’s: They are easy to set up and require little to no fiduciary oversight Employee’s can direct the assets with total control Low contribution limits {Total elective contribution = $13,500 (2020)} Works well at a startup, or low
Tax loss harvesting works by taking advantage of the tax code’s treatment of investment gains and losses. Here’s how it works: 1. Identify Investments with Losses: To start, investors review their investment portfolio to identify assets that have decreased in value since they were purchased. These are the investments that
In the quest for financial stability and discipline, it’s common to be besieged by feelings of guilt and unease whenever we spend money on non-essentials. However, there exists a sweet spot where financial responsibility and pleasurable spending merge harmoniously. This sweet spot is known as “Zending,” a fusion of Zen
