by Marilou Davido | Dec 15, 2021 | Resources
Harvesting capital losses can be an important financial strategy during year-end tax planning. The tax-loss harvesting strategy applies to nonqualified (NQ) investment accounts versus a retirement account like a 401(k), IRA, or Roth IRA because losses realized in a NQ...
by Marilou Davido | Dec 8, 2021 | Resources
A Qualified Charitable Distribution (QCD) is a tax-free direct transfer of funds from your IRA to a qualified charitable organization other than a Donor-Advised Fund. You must be over the age of 70 1/2 at the time of the QCD transaction. QCD’s are a great way to claim...
by Marilou Davido | Nov 27, 2021 | Resources
Nonqualified Deferred Compensation Plan A Nonqualified Deferred Compensation (NQDC) Plan allows employees to defer compensation and bonus, pre-tax, to a later year, primarily retirement. Although it sounds similar to a 401(k) or 403(b) or even a Qualified...
by Marilou Davido | Nov 24, 2021 | Team Member
Sadie joined WFA in 2021 with two years of experience in the financial and insurance industries. Sadie graduated from the University of Wisconsin-La Crosse in 2019 with a Bachelor’s degree in Business Management and a minor in Healthcare Analytics Management. She...
by Marilou Davido | Nov 22, 2021 | Resources
On day 22 of benefits month, our friend Kris Fiul at FHK Insurance shares what important things you should consider when looking at Marketplace Insurance. Below are some helpful tips regarding enrollment periods, tax credits, plan, and network types, and...
