KEY TAKEAWAYS The NJBEST 529 plan now offers a state tax break for contributions. Despite higher fees, the NJBEST 529 plan may be a good option for New Jersey residents with moderate to who are looking for a...
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KEY TAKEAWAYS Secure Act 2.0 includes over 90 changes to retirement savings plans so at least one, if not more, change will impact you. WJL feels the four changes most impactful to our audience are: increased...
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KEY TAKEAWAYS Almost all income thresholds and deduction amounts are increasing by 7% based on Chained CPI for the 2023 filing year. Despite the increase in tax income thresholds due to inflation, you may...
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KEY TAKEAWAYS The goal of asset location is to reduce the total tax paid over your lifetime and maximize realized returns.Bond income is taxed at a higher ordinary income tax rate. Stock gains are taxed...
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KEY TAKEAWAYS The goal of tax planning is to reduce total tax paid over your lifetime.Tax preparation done by prepares will only have the goal of reducing taxes in the current year. Very few preparers talk...
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Tap into our expertise. Once a month we publish a blog on various financial planning topics. Subscribe to our monthly blog: KEY TAKEAWAYS: Taking two important actions can potentially save you thousands of...
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