Tips & Tools For Financial Planning
Small business owners can secure their future and attract top talent with the right retirement plan. Options like SEP IRAs, SIMPLE IRAs, and 401(k)s offer tax advantages, flexibility, and tailored solutions for businesses of any size. As a financial advisor, I specialize in setting up plans that meet your unique needs. Contact me to explore the best retirement strategy for your business.
Read More“The IRA annual contribution limit rises to $7,000 for those under 50, or $8,000 if you’re 50 or older ($500 increases).
The annual 401(k) contribution limit increases to $23,500 per individual for those under 50 in 2025 (up from $22,500).
The 401(k) contribution limit increases to $30,500 per individual for those 50 or older in 2024 (up from $30,000).”
Read More-Explaining the “why” behind not putting all your eggs in one basket
-The potential to net more money, while taking less risk
-How diversification can sometimes feel disappointing, even when it’s working
Read More-Determine when you should or should not rollover your old employer’s retirement account
-Establish an IRA or Roth IRA account
-Navigate investment options within your new retirement account
Read MoreWhen to invest before paying off debt and vice versa.
What types of insurance to carry.
How to simplify personal finances.
Read MoreThe Social Security Administration (SSA) reports that more than one in four of today’s 20-year-olds will become disabled for 90 days or more before the age of 67. Fortunately, premium costs are generally much lower for young adults. Still, we don’t recommend disability insurance for everyone, typically just over half our clients depending on their careers and personal situations. With that, here are a few questions to ask yourself:
Read MoreEnsuring you are contributing enough to get the maximum contribution your employer offers should be toward the top of your priority list.
Read MoreTax-loss harvesting is the act of selling assets that have taken a loss, then using those realized losses to offset realized capital gains as well as ordinary income in a taxable account.
Read MoreWondering whats been happening with interest rates, inflation, and how elections affect markets? Check out our end of year market highlights or the full white paper report.
Read MoreAt Oakway Financial we know that finding the right plan for your situation is a choice not to be taken lightly. That’s why we offer free consultations to walk you through your needs, the scope of your goals, and your budget.
