Engage the next generation with these planning strategies

Engage the next generation with these planning strategies

Financial planning strategies affect multiple generations more often than families realize. College funding, retirement, and tax efficiency can involve children and future heirs. Here are some ideas for conversations that support intergenerational planning and may encourage the whole family to participate. College funding Parents and grandparents may already be helping to support higher education for

Tax-smart planning ideas for 2014

Tax-smart planning ideas for 2014

With the introduction of higher tax rates for some taxpayers in 2013 and ongoing tax-reform debate in Washington, it is essential for any comprehensive financial plan to include tax smart planning strategies. Specific income thresholds will trigger the new 3.8% Medicare surtax, income phase-out of itemized deductions, or the highest marginal tax rate. These five