The First Friendly Quarter to Investors in 2022 DOWNLOAD THE PDF For the first time in 2022 all markets were positive. You’ll notice that ALL Equity, Real Estate Markets, AND Bonds were up. Granted all 1 yr data points are negative, this is a positive step towards regaining losses. The
We have a few clients with 678 Trusts and have found them to be an interesting estate planning technique. A 678 trust, also known as a qualified terminable interest property (QTIP) trust, is a type of trust that is commonly used in estate planning. This type of trust allows an
A Roth conversion is a process in which an individual converts funds from a traditional individual retirement account (IRA) or 401(k) plan into a Roth IRA. This type of conversion can be a powerful tool for retirement savings, as it allows individuals to pay taxes on their contributions up front
The Third Quarter Was not Friendly to Investors For the second quarter in a row, all markets were down. You’ll notice that ALL Equity, Real Estate Markets, AND Bonds were down, again. This is the second quarter in a row that the Quarter, YTD, and 1-year returns for ALL markets
A donor advised fund (DAF) is a type of charitable giving program that allows donors to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund to their favorite charities over time. In other words, it’s a way for donors to give to charity
Do you have a long-lost 401(k) or retirement account left with a former employer? Maybe it’s been so long that you can’t even remember? With over 24 million “forgotten” 401(k) accounts holding roughly $1.35 trillion in assets, even the most organized professional may be surprised to learn of their unclaimed
STEPHEN NELSON AWARDED THE ACCREDITED INVESTMENT FIDUCIARY® DESIGNATION FROM Fi360 SOUTHLAKE, TX 9/28/2022 – Stephen Nelson of Mills Wealth Advisors has been awarded the Accredited Investment Fiduciary® (AIF®) Designation from the Center for Fiduciary Studies®, the standards-setting body for Fi360, a Broadridge company. The AIF® Designation signifies specialized knowledge of
Smart investors know that trying to time the market is often a losing game. Instead, you plan ahead and invest in such a way as to minimize risk and maximize your returns. Whether you’re a seasoned investor or just getting started, dollar-cost averaging could be beneficial. What is dollar-cost averaging?
The fact that you’ve decided to retire doesn’t necessarily mean you want to stop working. Retirement is a great time to explore alternative career options, try your hand at a new career, or work part-time to add a little extra cash to your bottom line every month. However, continuing to
The White House forgave up to $10,000 to student loan borrowers recently as part of a larger debt forgiveness program. There are still quite a few questions to be answered, but here are some key points to know. Pell vs. non-Pell: Loan forgiveness of up to $10,000 is available to