Building wealth overtime with 3 simple steps
3 Simple Steps to Building Wealth By THE INVESTOPEDIA TEAM Building wealth is a topic that can spark heated debate, promote quirky get-rich-quick schemes, or drive people to pursue transactions…
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An Entrepreneur’s Guide to Building Multi-Generational Wealth
Daniel Mangena Nov. 4, 2022 “You can’t take it with you” — how often have you heard that? It’s an oft-abused phrase employed, usually within the context…
How The New Estate Tax Rules May Affect Your Estate Plan in 2023
The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the 2010 Tax Act) included new gift, estate, and generation-skipping transfer (GST) tax provisions. The 2010 Tax Act…
Key Estate Planning Numbers for 2023
Here are some key numbers associated with estate planning, as well as the federal gift tax and estate tax rate schedules for 2022 and 2023. 2022 2023 Annual gift…
Income Tax Key Numbers 2022-2023
Alternative minimum tax (AMT) 2022 2023 Maximum AMT exemption amount $118,100 (MFJ), $75,900 (Single/HOH), $59,050 (MFS) $126,500 (MFJ), $81,300 (Single/HOH), $63,250 (MFS) Exemption phaseout threshold $1,079,800 (MFJ), $539,900 (Single/HOH/MFS) $1,156,300…
IRS’s New Tax Brackets 2023
By Ashlea Ebeling Oct. 27, 2022 Many Americans will see their tax burden drop next year because of inflation adjustments made by the Internal Revenue Service. Some will benefit more…
Do I Need a Financial Advisor or Should I Go It Alone?
Catherine Brock, Contributor Aug. 15, 2022 Do you need a financial advisor? The answer depends on different factors — the complexity of your finances, how comfortable you are managing investments,…
Single Life Annuity vs Joint Survivor Annuity
Should I choose a single life annuity for my pension or a joint and survivor annuity that makes payments to my spouse when I die?
Financial New Year’s Resolutions You Can Keep in 2023
By ANDREW SCHWARTZ | Reviewed by MARGARET JAMES | Fact checked by SUZANNE KVILHAUGDec. 30, 2022 It is important for everyone to reset their personal finances and their goals for…
The H Group, Inc. Winter Update
Wealth Management Team, Portland, OR Winter 2022 Scott and Linden have spent the last few months galivanting around the Sea of Cortez on the sailboat. Fred and Amy took a…