optimizing employee benefits

Strategies for Optimizing Employee Stock Options

In recent years, stock options have begun to regain their popularity in executive compensation packages, after falling out of favor during the dot-com bust. Their recent resurgence means there are also growing numbers of executives making poor choices, often because they lack good advice or because they have unwarranted optimism about their companies’ stock prices. …

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529 plan

Multi-Generational Planning: Funding a 529 Plan for Your Grandchildren

A college education does not come cheaply. Forbes has estimated that the price of a college education has increased 8 times faster than wages, making it important for families to plan ahead in order to fund educational expenses. At Wade Financial Advisory, Inc. (WFA), we routinely discuss the benefits of establishing an Education Savings Plan …

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Beware of Economic Impact Payment (Stimulus Checks) Scams

Beware of Economic Impact Payment (Stimulus Checks) Scams

The IRS is issuing economic impact payments (EIP) to millions of eligible taxpayers (up to $1,200 for individuals and $2,400 for joint filers). A taxpayer is eligible if their adjusted gross income is below $99k for individual filers or $198k for joint filers. The payments are automatic for eligible taxpayers who have already filed their 2018 …

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Three-Year Average Annualized Returns by Starting Interest Rate Level

Portfolio Change to Balance Market Opportunities and Risks

In recent weeks, stock and bond markets have been turbulent as the current and future impact of the coronavirus is being incorporated into investment markets. With our upcoming quarterly investment update, we will provide a more in-depth update on recent market events. As is our practice, we are monitoring portfolios to balance risks and opportunities within …

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Beware of Economic Impact Payment (Stimulus Checks) Scams

CARES Act – Retirement Plan Changes for 2020

Required Minimum Distribution Rules Are Suspended for 2020 In normal times, after reaching the magic age, you must start taking annual required minimum distributions (RMDs) from traditional IRAs and from qualified retirement plan accounts. The magic age is 70 1/2 if you attained that age before 2020 or 72 if you attain age 70 1/2 …

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paycheck protection program loans

Paycheck Protection Program Loans

On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act contains many provisions for businesses and individuals, but the most impactful provision for small businesses in the immediate term is the Paycheck Protection Program loan. The Paycheck Protection Program loan will provide up to $349 …

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