Alliant Wealth Advisors is an "essential business" under Virginia state law and we remain fully operational during the COVID-19 crisis.
To keep our clients, staff and colleagues safe we are currently holding all meetings via video conferencing. And we are alternating a small number of staff in our office while the majority serve you from their home.
Speaking of our office. Our headquarters in Prince William will relocate to the Signal Hill Professional Center at 9161 Liberia Avenue, Suite 100, Manassas, VA 20110 effective Monday, April 20, 2020.
Whether we are virtual or in person, we are here for you. Please keep safe.
Best Regards,
John Frisch, CPA/PFS, CFP®, AIF®, PPC®
President
Investment wisdom like “buy low, sell high” seems obvious. But market volatility makes it hard to achieve, tempting us to instead chase trends (buy high) and flee frights (sell low). For wiser, simpler investing, here are two insights to keep in mind about market volatility.
Do you auto-invest? Auto-investing is having a set, recurring amount of money taken out of your salary or savings, and automatically invested for you. For example, you are auto-investing if you are having a set amount deducted from each paycheck and invested in your company retirement plan. Or you may have set up an automatic transfer from your checking account into an IRA, brokerage account, or 529 college saving plan.
Now that the Setting Every Community Up for Retirement Enhancement (SECURE) Act has been signed into law, you may be wondering what this sweeping legislation – arguably the most expansive update since the 2006
I don’t usually opine on past or future stock market performance. We can’t change one or predict the other, which makes both largely irrelevant to investing toward your long-term goals.
Unless you’ve got a child prodigy or incredible wealth, most parents must choose which to save for first: higher education or retirement. Ideally, you have enough for both. But what if you don’t? I would suggest even the most loving parents should first fund their own retirement.
As we approach year-end, I share my final commentary on tax planning in the era of the Tax Cuts and Jobs Act (TCJA). Last time, I covered why it’s now difficult to claim itemized deductions for many taxpayers. Today I offer hope for those charitably inclined. If you are still making meaningful charitable contributions, but find the TCJA makes it more difficult to write off those donations, here are 3 ways you may still be able to write off your charitable giving anyway.
I’ve been on a roll lately, encouraging readers to revisit their tax planning in light of the Tax Cuts and Jobs Act (TCJA), which went into effect last year. Today, I’ll cover why it’s become so difficult to claim itemized deductions, and what that means to you. After that, I’ll cover how those who are charitably inclined might still be able to periodically itemize their deductions, with a bit of proper planning.
As I mentioned in my last article, it’s been more than a year since the Tax Cuts and Jobs Act (TCJA) went into effect. Many of us should modify our tax planning as a result. Today, let’s discuss how to take advantage of Roth accounts, given current, lowered tax rates.
It’s been more than a year since the Tax Cuts and Jobs Act (TCJA) went into effect. It lowered tax brackets; eliminated exemptions; increased the child tax credit; and for most of us, eliminated our ability to claim itemized deductions such as income and real estate tax, mortgage interest, charitable contributions, etc.
