A Roth conversion is the process of moving money from a traditional IRA or other pretax retirement account into a Roth IRA, where you pay taxes now in exchange for tax-free withdrawals in retirement. This financial move has become popular among people looking to manage …read more »
Glen Allen residents face unique financial challenges due to the area’s cost of living, which runs about 5% higher than the national average. Whether you’re planning for retirement, managing investments, or building long-term wealth, having a solid financial strategy is essential. Working with a qualified …read more »
We wanted to announce some exciting news over the weekend. On Saturday, September 27th, the Richmond Times-Dispatch released the results of their 2025 Best of Richmond Awards as voted by their readers. Drum roll please… Virginia Estate and Retirement Planning Advisors, Inc was again voted the Best Local …read more »
The recently signed One Big Beautiful Bill Act brings several changes that will affect older adults. Some could save seniors money; others add new rules to keep in mind. Below is an overview of key impacts. New $6,000 senior deduction Applies for tax years …read more »
What’s inside the new tax law? Permanent changes The following provisions were all part of the original TCJA and will become a permanent part of the tax code. The 7 tax brackets as defined by the original 2017 TCJA with a top rate of …read more »
“The foundation of a good retirement is planning.” – Earl Nightingale In times like these, saving for retirement is hard enough. That’s why you want to make sure you plan it right — or at least as right as you can. (The future is always …read more »
“The bad news is, nothing lasts forever. The good news is, nothing lasts forever.” – J. Cole At this point, we’ve probably all heard about the Tax Cuts and Jobs Act of 2017 (TCJA), which made a lot of significant changes to tax laws. It …read more »
Deciding when to start taking Social Security benefits can have a significant impact on an individual’s retirement income. It is crucial for retirees to make informed decisions, as the timing of these benefits could ultimately make the difference between a comfortable retirement and a stressful …read more »
“Don’t give up because things are hard, but work harder, when you think of giving up.” – Anthony Liccione Tax time can remind us of our choices over the course of the entire previous year. We see how easy it is to pull the trigger …read more »
“You just can’t beat the person who never gives up.” – Babe Ruth So many mindlessly follow “influencer” advice, and start to pursue a careerdriven exclusively from their “passion”. They end up with broken dreams, bitterness towards the world and a deeper resistance to “starting” …read more »
