2013 Tax Tips
On January 1st, Congress put together a tax deal that allowed most of the Bush-era tax cuts to remain in place. This means that most taxpayers will see little change to their income taxes. However, Congress did allow the payroll…
Asset Location and Withdrawal Sourcing
While the Morningstar Gamma research found that a dynamic withdrawal strategy has the greatest impact on retirement income, the strategy above was a close second. Asset Location Asset Location refers to where asset types are held. For example, a general…
Allison Berger, CFP®, participates in “Jump-Start Your Retirement Plan”
On Thursday, February 7th, Kiplinger teamed up with the National Association of Personal Financial Advisors (NAPFA) and the NAPFA Consumer Education Foundation to answer retirement and financial questions. The program was called “Jump-Start Your Retirement Plan Days.” Financial Symmetry partner Allison…
Annuity Allocation
The Morningstar Gamma research cites Annuity Allocation as one of the five ways to increase retirement income. They assume 25% allocation to a fixed annuity with a payout rate of 5.71%. What’s the catch? The most important thing to note…
Student Loans? Pay as You Earn Can Help
Did you know that the amount of outstanding student debt in the US increases each year? In an effort to help with the ever-increasing weight of this debt, a new income assistance payback program for federal education loans, named Pay as…
Inheritance – 3 Steps to Handle the Details
You find out you’re receiving an inheritance and the first thing that comes to mind is – What next? Inheritances can provide incredible flexibility but without effective financial planning, you may miss some of the organized steps needed to get…
When Will Interest Rates Rise?
That is a question asked by many investors today. One way to analyze this question is look at previous situations in US history when bond yields reached levels seen today. As noted in the chart, the previous treasury yield low…
Contribution Limits Increase for 2013
Have you made your 2012 Roth IRA contribution? If you have not yet made the maximum contribution, you still have time! Tax payers have until Monday, April 15th of 2013 to make their Roth contributions for the 2012 tax year….
Top 10 Economic Stories of 2012
As we did last year, Financial Symmetry has covered several current events on our blog throughout 2012, and here are what we think the Top 10 Economic Stories of the Year have been: (Click the plus (+) symbol to expand…
Seven Tax Tips for 2012
Tax planning is an essential part of financial planning. With all of the talk about the fiscal cliff dominating the headlines, it’s important to remember that there’s still some time left before this year’s tax laws expire. Here are a…
