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Kiddie tax is a term that refers to a tax law created in 1986 dealing with investment and unearned income tax for individuals under 17 years of age. The kiddie tax prevents parents from avoiding taxes by transferring large gifts of stock.
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The income-related monthly adjustment amount, or IRMAA, is a surcharge that high-income people may pay in addition to their Medicare Part B and Part D premiums. This extra premium doesn’t grant you extra privileges.
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A Fee-only advisor is one who is compensated solely by the client with neither the advisor nor any related party receiving compensation that is contingent on the purchase or sale of a financial product.
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The dividend yield, expressed as a percentage, is a financial ratio (dividend/price) that shows how much a company pays out in dividends each year relative to its stock price
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A Health Savings Account (HSA) is a tax-advantaged account created for individuals who are covered under high-deductible health plans to save for qualified medical expenses that are over and above an HDHPs coverage limits and/or exclusions.
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There is still time to register for our next FREE educational webinar: Estate Planning & Medicaid, scheduled for March 10th at 6pm. Limited to 100 attendees. Register here: https://t.co/s1RuTUMZmn
#webinar #estateplanning #Medicaid #levelFA
Certified Financial Planner (CFP) is a formal recognition of expertise in the areas of financial planning, taxes, insurance, estate planning, and retirement (such as with 401(k)s).
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A QCD is a direct transfer of funds from your IRA custodian, payable to a qualified charity. QCDs can be counted toward satisfying your required minimum distributions (RMDs) for the year, as long as certain rules are met.
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Monte Carlo simulations are used to model the probability of different outcomes in a process that cannot easily be predicted due to many random variables. Level FA uses this Simulation to projection your probability of success in retirement.
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How is your portfolio like an apple pie? Find out in our latest "On the Level" blog post by Michael Angelucci, MBA, CFP®: https://t.co/vEICRWb1Bo
#etf #mutualfund #portfolio #invest #plan #advisor #levelFA
The Standard & Poor's 500 Index is a market-capitalization-weighted index of 500 of the largest publicly traded companies in the U.S.
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Nothing could keep Santa away from his annual visit to Level Financial to see all the good little boys and girls working hard for our clients!
#santa #holidays #christmas #merry #levelFA
We have been conditioned to believe that so much in life can be efficiently managed by applying the correct algorithm. But does this hold true in retirement planning? https://t.co/6SrJwcPJW4
#behavioralfinance #behavior #finance #retirement #planning #levelFA
ENCORE! We are honored to announce we've once again been named one of the Best Places to Work in WNY by Buffalo Business First! Congratulations to our dedicated team for the fantastic work they do for our clients every day!
#bestplacestowork #buffalo #teamwork #levelFA
If you are retired, rebalancing is a critical tool to be used thoughtfully and intentionally. Steven Elwell, CFP® explains why: https://t.co/SqRGkGSzAy
#rebalance #retire #covid-19 #stocks #levelFA
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