Blog tagged as Financial Planning

How to Make and Keep Your New Year's resolutions

12/30/2024 04:00 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
How to Make and Keep Your New Year's resolutions
By setting realistic goals, enjoying the process, tracking progress, and seeking support, you can successfully stick to your New Year’s resolutions and turn them into lasting habits.

Equity Compensation Series: Stock Appreciation Rights

12/23/2024 09:00 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Equity Compensation Series: Stock Appreciation Rights
Stock Appreciation Rights (SARs) allow employees to benefit from a company’s stock price appreciation without purchasing shares, offering financial rewards but requiring careful financial and tax planning to manage risks and maximize value.

Universal Wallet Accounting is Coming to an End. What Does That Mean?

11/22/2024 09:31 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Universal Wallet Accounting is Coming to an End. What Does That Mean?
The IRS is ending universal wallet accounting for cryptocurrencies starting January 1, 2025, requiring investors to report transactions on an account-by-account basis, which necessitates more precise tracking and strategic tax planning.

Equity Compensation Series: Employee Stock Purchase Plans

10/18/2024 09:28 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Equity Compensation Series: Employee Stock Purchase Plans
Employee Stock Purchase Plans (ESPPs) allow employees to purchase company stock at a discount, offering potential financial benefits but requiring careful planning to manage risks and tax implications.

Timing Your Social Security Benefits

09/18/2024 10:44 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Timing Your Social Security Benefits
Claiming Social Security benefits early, at full retirement age, or delaying until age 70 presents unique financial advantages and disadvantages, depending on individual circumstances and future projections of the Social Security trust fund.

Potential Economic Outcomes and Strategies for Interest Rate Cuts

09/13/2024 08:13 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Potential Economic Outcomes and Strategies for Interest Rate Cuts
The Fed’s potential rate cuts could impact bonds, stocks, real estate, and loan rates in varying ways depending on the broader economic environment, making diversified investments and strategic debt management essential for navigating these uncertainties.

Equity Compensation Series: Incentive Stock Options

09/05/2024 05:48 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Equity Compensation Series: Incentive Stock Options
Incentive Stock Options (ISOs) provide employees the opportunity to purchase company stock at a set price with potential tax advantages, but they require careful financial, investment, tax, and estate planning to manage risks and optimize benefits.

Equity Compensation Series: Non-Qualified Stock Options

08/29/2024 10:39 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Equity Compensation Series: Non-Qualified Stock Options
Non-Qualified Stock Options (NSOs) grant employees the right to buy company stock at a predetermined price, offering potential financial gains but also carrying risks such as tax liabilities and stock price volatility.

401(k) to IRA Rollovers: What You Need to Know

08/22/2024 09:43 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
401(k) to IRA Rollovers: What You Need to Know
Rolling over a 401(k) to an IRA offers greater investment flexibility and potential cost savings, but it requires careful consideration of the disadvantages before proceeding.
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