facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause

Listen to Our Podcast

Step-Up In Basis Rules Thumbnail

Step-Up In Basis Rules

The Step-Up in basis rule is a terrific tax rule that allows the inheritor of capital assets to minimize their tax liability on that inherited asset. It will increase your tax basis on an asset when determining what your tax liability could be if you want to sell it.

Read More
What Is A Fiduciary Financial Planner? Thumbnail

What Is A Fiduciary Financial Planner?

A fiduciary is a professional who has a legal and ethical obligation to put your needs ahead of anything else at all times. It may sound like what you would expect of all financial advisors, but your expectation would be wrong. Most financial advisors are not fiduciaries and that could be a problem.

Read More
What Is An Annuity? Thumbnail

What Is An Annuity?

The word annuity brings a shiver down a lot of people's backs. The word annuity has been conditioned into the minds of many consumers as a bad word that needs to be avoided. However, annuities may actually provide a wonderful benefit. Understanding how they work and if they can solve a problem your facing, annuities may be a suitable option for you.

Read More
SOLO 401(K)s. Should You Start One? Can You Start One? What Is It? How Do They Work? Thumbnail

SOLO 401(K)s. Should You Start One? Can You Start One? What Is It? How Do They Work?

Did you get the entrepreneurial itch and start your own business? That is great but do you now have questions about saving for your retirement. Before, you could just contribute to your employer's 401(k). Now you are the employer so what are you options? A Solo 401(k) is a great retirement savings vehicle for any business owner who is the only employee of his or her business. In this video, learn what a solo 401(k) is, how they work, and what the alternative options are! https://twitter.com/derekjdelaney https://www.linkedin.com/in/derekdelaneypharmdfp/ https://www.facebook.com/PharmD-Financial-Planning-LLC-116600423803050 #solo401ks #retirement #businessowner

Read More
The Difference Between A Roth IRA Contribution And Conversion Thumbnail

The Difference Between A Roth IRA Contribution And Conversion

Many of use are aware of the benefits of a Roth IRA. It provides us with a tax free pot of money we can use when we get to retirement. However, how much knowledge do you have in how you can get money into a Roth? You can make a Roth contribution or a conversion. The difference may seem small but the associated rules and regulations are not. In this video, Derek will go through the differences between each. He will also go over a few unique ways you can use both to help increase the likelihood of accomplishing a few big goals most pharmacists have.

Read More
Gift Giving: Taxes, Exclusions, and Transfers - What Needs To Be Known About Giving a Gift Thumbnail

Gift Giving: Taxes, Exclusions, and Transfers - What Needs To Be Known About Giving a Gift

Giving a gift of money or personal property can be as impactful to the giver as it is to the recipient. Especially when that gift if given to a loved one or a caused you care deeply about. But beware, giving a gift does not come with no strings attached. There are rules that need to be understood and followed. If not, that good feeling might not last as long as you'd hope! There are tax reporting obligations, annual exclusions, and special transfer rules that need to be abided by. This video will get you off on the right step to maximizing the value and good feelings of giving!

Read More
My 3 Favorite Features of HSA's Thumbnail

My 3 Favorite Features of HSA's

HSAs are a fantastic way to save tax efficiently for healthcare expenses. But how familiar are you with all the lesser known benefits and features of this type of account. In this video we will cover: - The triple tax advantage - The Last Month Rule - The Qualified HSA Distribution Rule

Read More
Schedule an Introductory Call