Ben Galloway, CFP®️ 🌈

LGBTQ Wealth Advisor for Executives & Creatives. Tweets are not advice.

[Thomas Kopelman 💵 @TKopelman]

Last week, Congress passed a $4.5 trillion tax bill that will change financial planning for millions

From bonus depreciation to PTET to a much higher SALT cap...

Here’s what’s inside the Big Beautiful Bill and how it could impact you:

[Brian Feroldi @BrianFeroldi]

The 3 Financial Statements, explained:

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

@LauraLaTourette HAPPY BIRTHDAY, LOVE!! 🥳❤️

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

You win gold in our all-around 🥇

Happy 36 amazing years together 🥰

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

I’m not sure it gets more clear than this. Great visuals, @maxpashman, as always

[Max Pashman CFP® 🌱 @maxpashman]

Only 33% of Americans have a written financial plan.

And many still struggle to understand the concepts behind it.

Here are 10 visuals to help you understand the areas better:

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

Bought the dip 📉📈

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

On Monday, the S&P 500 had its worst day since 2022.

Today, the S&P had its best day since 2022.

Keep investing please.

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

Any individual can contribute up to $18,000 (2024) per 529 beneficiary per year.

MFJ can do $36,000.

Contributions above that must be reported on a gift tax return and may affect your lifetime gift tax exemption.

#lgbtqfinance #personalfinance #CFP

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

Your 529s can cover much more than just undergrad tuition, room/board, & books now.

Here's a breakdown of what's allowed & what's not:

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

Not allowed:

Not allowed:

• Transportation and travel costs (including study abroad)

• Application and testing fees

• Sports expenses & health club dues

• Extracurriculars and camps

• Health insurance (unless it's charged as part of tuition)

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

Everyone pls chill 📈

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

Bye, July 🇺🇸

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

CPAs - what am I missing??

#PersonalFinance #LGBTQadvisor #CFP #CPA #tax #taxplanning #financialplanning #fiduciary

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

Treat your CPA like your best client.

Why?

Here are 5 specific reasons…

[Ben Galloway, CFP®️ 🌈 @ItsBenGalloway]

5.) Our job is to help make our client's life better.

By asking and finding ways to make our CPAs' lives better, we're seeking to understand them, their business, and their clients.

Add intentional value.