- Tax Planning
- Estate Taxes
- Tax Services
- Roth IRAA recent pension law change simplified the rules for rolling over assets from a 401(k) plan to a Roth IRA, and another change in 2010 means almost anyone can make such a move. You can now accomplish your objective in one move, instead of the two steps previously required, and that could make this a convenient way to guarantee tax-free income during retirement.
- Real Estate TaxesAccelerate deductions: If you are in an unusually high tax bracket this year, consider accelerating payment of such deductible items as state income taxes, real estate taxes, charitable donations, or even mortgage payments that could be made early next year.
- Tax DeductionsCollege savings: Many states, including Illinois, offer a state income tax deduction for contributions to one of the state-sponsored “529” college funding programs. Contributions must be made by December 31
- Income TaxCheck income tax withholding: Make sure you are not over- or under-withholding and make any necessary adjustments.
- Capital Gains Taxes2. Stock Swap: If shares of the company are already held and the plan allows it, just enough of the shares are surrendered to cover the cost of the exercise. This technique normally avoids capital gains tax on the surrendered shares.
- Investment ManagementOne of the world's largest investment management companies and leader in index fund investing, Vanguard offers a full range of investments and services for institutions and investment professionals. Vanguard's mission is to help clients reach their financial goals by being the world's highest-value provider of investment products and services.
- Mutual FundsThe challenge is finding one or two mutual funds with low initial investment requirements. While each planner offered a different recommendation, all seemed to value low costs, low turnover, and broad diversification.
- Bonds
- Wealth Management
- Accounting Services
- Payroll Services
- Financial PlanningThis article was written by a professional financial journalist for Keffer Financial Planning and is not intended as legal or investment advice.
- Retirement PlanningAnyone seeking financial peace of mind can benefit from our services. We serve people at all income levels, from all walks of life. Clients have the flexibility to work with us on either a one-time, as-needed basis or on an ongoing basis. We welcome clients who simply need a one-time financial consultation or a second opinion, as well as those who need comprehensive financial planning and possible ongoing services. In addition, any corporation or organization seeking quality, unbiased financial education or a low-cost alternative to their current 401(k) provider can benefit from our financial education programs and hourly retirement planning services.
- AnnuitiesWe provide advice for all types of securities, including mutual funds, stocks (as they relate to your portfolio holdings), bonds, bank deposits, and variable and fixed annuities. We also provide advice on mortgages, budgeting and cash flow issues, 401(k), 403(b) and other retirement programs, stock options, life and disability insurance, etc. If it has to do with money and finances, we can provide counseling, guidance, and or resources for you. Because we want our clients to know that they can call on us with any and all of their financial concerns, we use the slogan “Financial Planning and Advice for Everyday Life.†Clients are encouraged to call us when they have a major life event, such as a new job, a baby, a marriage or divorce, or if they are planning to buy a new home or start their own business. We also encourage our clients to call us with more common everyday questions, such as “How should I invest within my 401(k) or 403(b) plan?†"How can I reduce my taxes?†“What advice can you offer on refinancing my home?†“How much life insurance do I really need and what’s the best type for me right now?â€
- Long Term Care
- Asset Management1. Control the controllable. Spending, saving, asset allocation and expenses are the elements that we can manage. Market gyrations are not.
- College Funding