Few financial topics create more confusion than what happens to your money after you’re gone. “Estate tax,” “inheritance tax,” “probate,” “death tax” get used interchangeably, and the rules have changed
For most investors, the true variable determining the probabilities of success for their financial plan is not just the market return, but the tax bill. Taxes often become one of
Iowa’s tax landscape has undergone significant changes, creating a more favorable environment for Iowa residents, particularly those entering or already enjoying retirement. Navigating Iowa’s New Tax Landscape With recent tax
We are excited to announce that Arnold & Mote Wealth Management is now a flat-fee financial advisor. Our clients have one flat fee, billed monthly or quarterly, for both financial
You have spent decades planning for retirement. Just when you think you have everything figured out and a concrete retirement plan in place – You get thrown a curveball.
You were planning on retiring in a few years, but now your company is offering you an early retirement package. Sure, it comes with some extra pay – But what else should you consider? How do you begin to evaluate an early retirement offer? Should you accept the offer?
Calculating the MAGI to be eligible for Roth contributions is one of the most common misunderstandings we see when tax planning with our clients. One confusing part of our tax
One of the most significant changes to 2025 is a new, extra catch-up contribution amount available for those between ages 60 and 63 in their 401(k), 403(b), or other employer
Understanding the type of income that counts towards the IRMAA calculation is important because avoiding IRMAA can save you hundreds of dollars per month on each spouse’s monthly Medicare bill.
If you have $5 million in total assets and you’re interested in retirement, the good news is that you can sustain a pretty hearty annual income from withdrawals for many
If you have money in the Thrift Savings Plan you receive an document called a Lifetime income illustration each year. This document outlines an estimated annuity payment you may be