Smart Account Withdrawals in Retirement: Keeping More of What You’ve Saved

Learn tax-efficient withdrawal strategies to maximize your retirement income, reduce taxes, and make the most of your savings. Tips for both retirees and pre-retirees are included.

Retirement PlanningParkshore Wealth ManagementNovember 15, 2024Tax Efficient Strategies, Distributions, RMDs, Roth Conversions, 401k, IRA, Brokerage, Retirement Income, Fiduciary

Supporting Adult Children: When Does Financial Help Go Too Far?

Wondering how much financial help to give your adult children? Learn how to set boundaries, encourage independence, and protect your own financial future.

Financial PlanningParkshore Wealth ManagementNovember 1, 2024Family Finances, Retirement, Adult Children, Life Transitions, Failure to Launch, Financial Support, Fiduciary, Personal Finances, Parenting and Money

What to Expect with the Stock Market After an Election

Wondering how the stock market might react after the election? Learn what history tells us about post-election market performance and how to stay on track with your investments.

Investment ManagementParkshore Wealth ManagementOctober 15, 2024Presidential Election, Election Year, Stock Market, Election Year Investing, Fiduciary Financial Advisor, Market Volatility, Long-Term Investing, Diversification, Market Risk.

401(k) Strategies for Mid-Career Professionals

Want to make the most of your 401(k)? Here are strategies to help you create a comfortable retirement with an eye toward short- and long-term tax savings.

Investment ManagementParkshore Wealth ManagementOctober 1, 2024401k, Traditional 401k, Roth 401k, Tax Diversification, Pre-Tax Contributions, After-Tax Contributions, Matching Contributions, Risk Tolerance, Rebalancing, Fiduciary Financial Advisor, RMD, Required Minimum Distributions

Rolling Over Your 401(k): Options and Best Practices

What should you do with your old 401(k)? Here are four options, including pros and cons.

Investment ManagementParkshore Wealth ManagementSeptember 15, 2024401(k), Rollover, Retirement Savings, Retirement Planning, Job Transition, Cashing Out, IRA, Fiduciary Financial Advisor

Tax Considerations When Downsizing or Relocating in Retirement

Thinking of downsizing or relocating when you retire? Here are some tax considerations to help you decide.

Tax PlanningParkshore Wealth ManagementSeptember 1, 2024Retirement Planning, Retiree, Moving, Relocating, Downsizing, Income Tax, Property Tax, Sales Tax, Federal Taxes, State Taxes

Healthcare Expenses and Tax Planning for Those Under 65

Looking for healthcare options before Medicare starts? Here are healthcare and tax strategies before age 65.

Retirement PlanningParkshore Wealth ManagementAugust 15, 2024Healthcare, Taxes, Medicare, COBRA, HSA, Health Savings Account, FSA, Flexible Spending Account, Tax Deduction, Tax Credit

How Does Inflation Affect Your Portfolio?

Discover how inflation can impact your portfolio and learn strategies to help protect your investments.

Retirement PlanningParkshore Wealth ManagementAugust 1, 2024Inflation, Investment Strategies, TIPS, Real Estate, Diversification, Rebalancing, Financial Advisor, Budget, Savings, Scenario Modeling

Roth Conversions: Are They Right for Your Retirement Plan?

Discover the pros and cons of Roth conversions and determine if this retirement strategy aligns with your financial goals.

Retirement PlanningParkshore Wealth ManagementJuly 15, 2024Traditional IRA, Roth IRA, Roth Conversion, Medicare, RMD, Required Minimum Distribution, Tax-Free

Protecting Your Retirement Savings During Job Transitions

How do you safeguard your retirement saving when you are in a job transition? Here are strategies to help.

Retirement PlanningParkshore Wealth ManagementJuly 1, 2024Career, Layoff, Job Loss, Job Transition, 401(k), IRA, Rollover, Cash Out, Budget, Financial Advisor

Balancing 401(k) Contributions with Other Financial Goals: 10 Tips

Saving for retirement is important, but so are your other financial goals. Here are 10 ways you can balance contributing to a 401(k) with funding other objectives.

Retirement PlanningParkshore Wealth ManagementJune 15, 2024401(k), Brokerage Account, IRA, Roth, Financial Goals, Budget, Financial Advisor, Debt, Credit Cards, Emergency Fund

Essential Tips for Effective Estate Planning

Here are estate planning strategies to help make sure your assets are distributed according to your wishes.

Estate PlanningParkshore Wealth ManagementJune 1, 2024Trust, Estate Plan, Beneficiary, Spouse, Titling, Right of Survivorship, Estate Planning Attorney, Financial Advisor, Estate Taxes

Making the Most Out of Your Kaiser Permanente Retirement Plan

Want a great retirement? Here is a breakdown of the financial areas to consider, including your Kaiser benefits.

Kaiser ProfessionalsParkshore Wealth ManagementMay 15, 2024Kaiser Permanente, Kaiser Foundation Health Plan, Pension, Medicare, Senior Advantage, Long-Term Care, Retirement Planning

The Sunset of the Gift and Estate Tax Exemption: Ways to Adapt Your Estate Plan

The looming sunset of the federal lifetime gift and estate tax exemption means now is the time to plan. Here are strategies to consider.

Estate PlanningParkshore Wealth ManagementMay 1, 2024Federal Gift Tax, Federal Estate Tax, Tax Cuts and Jobs Act, Taxable Estate

Changing Financial Advisors? What You Need to Know About Taxes

Will you have to pay taxes if you switch financial advisors? This article explores the potential taxes and provides tips for selecting a new advisor.

Tax PlanningParkshore Wealth ManagementApril 15, 2024Retirement Account, 401(k), IRA, Custodian, Capital Gains, Asset Allocation, Financial Advisor, Financial Planner, Wealth Management

Optimize Your 2024 Tax Strategy: Important Numbers to Know

As you file your 2023 tax return, it’s a good time to create a tax plan for 2024. Here are numbers that can help, including retirement plan contributions.