Austin Wealth Management Blog
Tax Planning Strategies Before Year End
September 12, 2024 | By David Lowe
It’s almost the last quarter of 2024. Can you believe it? Now is an ideal time to review your tax planning with your financial advisor and tax preparer or CPA so you can implement appropriate strategies for 2024. If you…Read More
Dealing With The Dips
September 1, 2024 | By Kevin Smith
Employees get paid for doing work. Investors get paid for taking risk. Risk is the chance of losing value between the time of purchase and sale. We experience risk when the value of an asset falls while we own it….Read More
Transferring Funds from a 529 to a Roth IRA
July 25, 2024 | By David Lowe
A 529 account can be a great tool for saving for college. Investment growth is tax-free, and so are the withdrawals (if used for qualifying education expenses). In many parts of the country, state income tax deductions are available for…Read More
Using Dollar-Cost Averaging to Reduce Risk
May 15, 2024 | By Kevin Smith
Investing a large sum of money can be daunting, especially with the uncertainty of market fluctuations. Enter dollar-cost averaging (DCA), a strategy designed to help investors manage risk by spreading their investments over time. By consistently investing a fixed amount,…Read More
2024 Q2 Investor Update
April 29, 2024 | By Matt Pierce
This month we want to highlight some of the key takeaways from our quarterly update video as well as expand on a couple of areas that may be in focus in the months ahead. Signs of life in the global…Read More
Pay Yourself First: What to Do When You Receive a Raise
February 26, 2024 | By David Lowe
Many companies conduct performance reviews and announce employee pay raises toward the end of February or in March. As a smart, creative go-getter, you most likely have great news on the way! But how do you put your higher pay…Read More
T-Bill & Chill
January 17, 2024 | By Kevin Smith
Hop in the time machine with me. You could have bought a 30 year Treasury Bond in 1981 yielding 15% annual income! That income was backed by the taxing authority of the United States Treasury, so it was pretty safe….Read More
Qualified Charitable Distribution: Philanthropic Impact Meets Tax Savings
January 2, 2024 | By David Lowe
Good news: Through hard work, savings and diligent investing, you retired with $1 million or more in pre-tax IRA funds! Bad news: The government wants its piece of the pie and starts taxing your IRAs in your 70s. Now back…Read More
my529 Account Prepaid Access Card
December 15, 2023 | By Manisha Gupta
A 529 account is an excellent vehicle to save money for kids’ education. The contributions grow tax-free, and withdrawals from the account are tax exempt as long as they are used for qualified educational purposes. A list of qualified educational…Read More
2024 Retirement Plan Limit Changes
December 1, 2023 | By David Lowe
The IRS recently announced that the maximum contribution for various investment accounts has increased for 2024. 401(k), 403(b), most 457 plans, Thrift Savings Plan Employee contribution limit: $23,000 That equals $958.33 per paycheck if you get paid twice a month…Read More
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