This is 60 – Leaving a Legacy
Enjoying your retirement also means planning for what’s next. See how we can work together to create an estate plan that can help ease the transition and protect your family.Read More
Year-End Financial Checklist for Working Professionals
Set yourself up for success in the new year with a financial checkup. Consider these essential year-end tax, planning, and financial housekeeping tips.Read More
Act Before Year End to Minimize Your Tax Burden
Some people think they can wait until March to worry about taxes. Wrong. The end of the year is a perfect time to make some last-minute efforts to reduce your tax burden.
Advice this year is a little different, as no one is quite sure what 2019 will bring from a tax code perspective. Things may change abruptly in the coming months. For now, here are some year-end strategies that could save you money on your 2018 taxes.
Read Full Article Here from eMoney: https://www.aurochsfinancial.com/wp-content/uploads/2018/11/Act-Before-Year-End-to-Minimize-Your-Tax-Burden.pdf
Are you ready to create a plan for living the life you’ve always dreamed about? Contact us today to schedule your complimentary discovery meeting.
Your Guide to Financial Independence
Rick Epple, CFP(r), CeFT (r)
Aurochs Financial-2nd Opinion Service
2nd Opinion Service
In this challenging economy, you may be in a complex situation or just unhappy with the advice from your financial advisor—it’s not uncommon. We believe that many successful investors would value a second opinion on their finances.
In order to help people achieve their financial goals, we have created a complimentary second-opinion service. We’re pleased to offer you the same expertise and guidance that our clients have come to expect.Read More
Open Enrollment for Health Insurance Marketplaces
Beginning on November 1, 2018, individuals (including their families) may apply for new health insurance or switch to a different health-care plan through a Health Insurance Marketplace under the Affordable Care Act (ACA). The open enrollment period for 2019 health coverage ends on December 15, 2018.
Read Full Article: https://www.aurochsfinancial.com/wp-content/uploads/2018/11/Open-Enrollment-for-Health-Insurance-Marketplaces.pdf
Are you ready to create a plan for living the life you’ve always dreamed about? Contact us today to schedule your complimentary discovery meeting.
Your Guide to Financial Independence
Rick Epple, CFP(r), CeFT (r)
How to Roll Over Your Employer Retirement Plan Assests
There are two types of rollovers: direct and indirect. A direct rollover is paid from your plan directly to your IRA or to your new employer’s retirement plan. The funds are never payable to you. An indirect (60-day) rollover is a payment made to you that you later roll over to an IRA or an employer retirement plan. 1 When you request a distribution from your employer’s 401(k), 403(b), or governmental 457(b) plan that’s eligible for rollover, you’ll receive a statement describing the tax rules applicable to your distribution and your rollover options. 2 You should read that statement carefully.
Read Full Article Here: https://www.aurochsfinancial.com/wp-content/uploads/2018/11/How-to-Roll-Over-Your-Employer-Retirement-Plan-Assets.pdf
Are you ready to create a plan for living the life you’ve always dreamed about? Contact us today to schedule your complimentary discovery meeting.
Your Guide to Financial Independence
Rick Epple, CFP(r), CeFT (r)
New Credit Legislation
Recently, as part of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018,
Congress made several changes to credit rules that benefit consumers.Read More
Bear in the Woods: Emerging Markets Credit Crisis
On September 6, 2018, the MSCI Emerging Markets (EM) Index — which tracks stocks in 24 of the world’s
largest developing economies — dropped 20% below its January high, a level of decline that is commonly
considered a bear market.1 Hong Kong’s Hang Seng Index reached the same negative milestone a few
days later. China’s benchmark Shanghai Composite entered bear territory in June.2Read More
Aurochs Financial-2nd Opinion Service
2nd Opinion Service
In this challenging economy, you may be in a complex situation or just unhappy with the advice from your financial advisor—it’s not uncommon. We believe that many successful investors would value a second opinion on their finances.
In order to help people achieve their financial goals, we have created a complimentary second-opinion service. We’re pleased to offer you the same expertise and guidance that our clients have come to expect.Read More
Important Tax Deadlines for Tax Year 2017
A reminder from TD Ameritrade – Monday, October 15, 2018, will mark three important tax deadlines for tax year 2017:
• Final Deadline for Individual Federal Income Tax Returns: the nationwide final deadline for filing an individual federal income tax return (Forms 1040, 1040A, 1040EZ) for tax year 2017 after having filed for an extension.
For more information, go to When, How, and Where to File on the IRS website.
• Removal of Excess (ROE) and Recharacterization Deadline: the processing deadline for tax year 2017 Removal of Excess (ROE) and Recharacterization requests, as per an automatic extension granted by the IRS. We will process all requests received in good order by close of business October 15 on a best-efforts basis; however, please submit all requests as soon as possible to ensure processing for tax year 2017. Any Prior Year Removal of Excess request(s) processed after the deadline will be reported to the IRS as an after-tax filing. Recharacterization requests received after the deadline will not be processed, in accordance with IRS regulations.
Requests must be received in good order for processing.
If a new IRA is being established to facilitate a Recharacterization, the new account forms must be received in good order.
• SEP and SIMPLE IRA Contribution Deadline: the postmark deadline for Qualified Retirement Plan (QRP), Simplified Employee Pension (SEP) IRA, and Employer Savings Incentive Match Plan for Employees (SIMPLE) IRA Prior Year Contributions, as per an automatic extension granted by the IRS.
Requests must be received in good order for processing. If an internal cash transfer is requested to fund a contribution deposit, adequate cash must be available in the delivering account on or before October 15, 2018.
Please note that as per IRS regulations, TD Ameritrade will report SEP and SIMPLE contributions to the IRS based upon the year we receive them. It is up to the employer to designate the appropriate tax year.
Sincerely, John V. Tovar, Managing Director, TD Ameritrade Institutional
Are you ready to create a plan for living the life you’ve always dreamed about? Contact us today to schedule your complimentary discovery meeting.
Your Guide to Financial Independence
Rick Epple, CFP(r), CeFT (r)