Financial Planning
What’s in the SECURE 2.0 Act?
Submitted by Desmond Wealth Management, Inc. on January 31st, 2023When Should You Take Your Social Security?
Submitted by Desmond Wealth Management, Inc. on December 24th, 2022Tax Planning in Turbulent Times Part 1: The Tools of the Tax-Planning Trade
Submitted by Desmond Wealth Management, Inc. on October 16th, 2021
Whether you’re saving, investing, spending, bequeathing or receiving wealth, there’s scarcely a move you can make without considering how taxes might influence the outcome. No wonder people get nervous when there’s lots of talk about higher taxes, but little certainty on what may come of it, and who it might affect.
Is Inflation Haunting Your Financial Dreams? Part 2: What We Can Do About It
Submitted by Desmond Wealth Management, Inc. on September 15th, 2021The Building Blocks of a Retirement Tier
Submitted by Desmond Wealth Management, Inc. on September 7th, 2021
When employees think about what it means to have enough money to retire, more than likely they are unsure how to translate their lifetime savings into income. For their entire working life, these employees receive regular paychecks; from this income, they generally construct a budget to cover their basic expenses.
Smart Ways to Seal 401(k) Leaks
Submitted by Desmond Wealth Management, Inc. on May 23rd, 2021COVID-19 Relief Bill Addresses Key PPP Issues
Submitted by Desmond Wealth Management, Inc. on January 7th, 2021Tax Law Changes Allow Year-End Charitable Planning Opportunities
Submitted by Desmond Wealth Management, Inc. on November 13th, 2020
As the end of the tax year approaches, it is worth spending a few minutes reviewing some of the changes that have been made in the tax laws surrounding donations to charities. In some cases, this guide will serve as a refresher regarding revisions made over the last few years, while in other cases there have been COVID-related changes that you may not be aware of.
Congress Adds More Uses for College Savings Plans (Sec 529 Plans)
Submitted by Desmond Wealth Management, Inc. on February 20th, 2020
On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including extending certain tax provisions that expired after 2017 or were about to expire, retirement and IRA plan modifications and other changes that will impact a large portion of U.S. taxpayers as a whole.