What is a Health Savings Account (HSA)?
Health Savings Accounts (HSA) allows you to use pre-tax income for eligible medical expenses. It is linked to a high-deductible health plan (HDHP) and is intended to cover the out-of-pocket costs.
The HSA is a tax-advantage savings account and provides y...
In 2023, you can potentially contribute thousands to a Roth using the Mega Backdoor Roth provision within your 401(k).
The Mega Backdoor Roth allows you to contribute after-tax dollars to your 401(k) and convert those dollars to Roth.[/e[et_pb_tex...
Financial advisors have a seemingly simple job – help their clients reach their financial goals. However, once you go beyond just goal setting, you will quickly find that the “planning” part of financial planning is not a static job.
No matter how committed one is to their financial goals,...
A Deferred Compensation Plan (DCP) is an exclusive benefit that certain employers provide for their highly compensated employees.
The plan is similar to your 401(k) as it allows you to contribute and invest dollars on a pre-tax basis, reducing taxable income...
A liquidity event, such as an IPO or acquisition, is a huge accomplishment for any business.
It is extremely satisfying to see your hard work pay off. Yet, as exciting as this time may be – it also brings a lot of questions regarding what’s next. Now more than ever you need a thoughtful financial plan that encompasses your long-term financial and personal goals. Here are a few question...
Update as of January 25, 2022
The Washington state House has voted to delay the implementation of the WA Cares Fund. What does this mean for you? Here is what we know now:
Employers will not begin withholding tax until July 1st, 2023.
The tax has not been repealed it has been delayed. This means that if you purchase...
