As shared by Antonio Lugo: New laws are here! The new Inflation Reduction Act is a big enchilada of green energy spending, corporate taxes, and some pretty major changes to Medicare. Is this deal a big deal? Could be. I'll wrap it up for you at the end. First, here are some Medicare changes you [...]
Divorce can be a very emotional time. It is important to not ignore the impacts on you financially. Divorce can devastate your retirement plan but you need to be proactive and take action. Here is a good article from MSN that can provide helpful information and tips. Remember, I am her for you or someone [...]
People are asking what can I expect from an in depth tax analysis strategy session. Well, you first will see what tax bracket you are in and where the next cut off is so you can plan for filling that tax bracket. You next will find out what deductions and credits you qualify for plus [...]
Pay Fewer Taxes in Retirement with These Lake in the Hills Retirement Tax Strategies We all want to enjoy our retirement, but how do you get the most joy out of it? Many retirees think it’s as simple as saving up enough money to live comfortably. And while saving enough is part of it, people [...]
Mark DiOrio, CFA, Chief Investment Officer at Brookstone Capital Management, shares his 3rd quarter market outlook on this quick zoom presentation. CLICK HERE Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and Carla Merlak/Merlak Tax Advisory Group, Inc. are independent of each other. Insurance products and services [...]
The SECURE Act is now in place - With Senate's passing and President Trump's signing, certain key law changes MAY IMPACT YOU RETIREMENT starting January 1, 2020. SECURE is an acronym for Setting Every Community Up For Retirement Enhancement. This is the biggest change to retirement legislation in 13 years. Those nearing retirement or in [...]
This is an important question when planning your retirement. It may make sense to act sooner than later. Find out why. Read this article from CNBC. Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and Carla Merlak/Merlak Tax Advisory Group, Inc. are independent of each other. Insurance products [...]
Tuesday, October 15, 2019, began the “Annual Enrollment Period” (AEP) for 2020. There are many changes for the health and drug plans in 2020 so you will need to be a little more involved in your decision-making process: Medigap/Medicare Supplemental policy plan “F” will be phased out starting January 1, 2020. For those [...]
New withdrawal options now available — (September 15, 2019) We’re pleased to announce that all participants now have more options when seeking to withdraw retirement savings from their TSP accounts.* Recent changes improve withdrawal options for TSP participants as discussed in this notice: TSP changes *https://www.tsp.gov/whatsnew/Content/index.html#newoptions Investment advisory services offered through [...]
Stacy Stusowski discusses the importance of a will, trust and powers of attorney no matter what age you are: Watch video
