Putting a Value on Your Social Security Benefits

Brian Burton

Atheneum

Key Takeaways: Most retirees don’t think of Social Security as an asset and therefore exclude it from their balance sheet. The present value of Social Security payments over an average life expectancy can easily be several hundred thousand dollars. We can’t predict what will happen with Social Security down the road, so it is important … Continued

Takeaways From a Week at the Chicago Booth School of Business

Cameron Hamilton

Weekly Update

As all the children in our community are getting ready to go back to school, I am reflecting on my week back in the classroom this summer. I was lucky enough to spend time at the Chicago Booth School of Business learning from the country’s leading practitioners in estate and tax planning. Earlier this year, I set … Continued

Social Security: Whether to Wait to Start Taking Retirement Benefits

Frank Yozwiak

Atheneum

Key Takeaways: You could be facing up to a 30% reduction in your PIA by taking Social Security retirement benefits at age 62. By waiting until age 70, your retirement benefits will be roughly 32% higher than your PIA. The breakeven for taking Social Security retirement benefits at age 70 compared to age 66 is … Continued

Social Security Income: Not-So-Simple Basics

Andy Reynolds

Atheneum

  When I first started writing this article, my introductory sentence was “Social Security on the surface is a very simple concept.” However, as I began to write about all of the “simple” information, I have to conclude that Social Security is not very simple at all if you are not continually dealing with it. Below, I … Continued

Educating Your Next Generation

John Boardman

Weekly Update

Key Takeaways: Our most successful planning relationships are those in which we work with our client’s other professional advisors – and their children and heirs as well. Involving heirs in your financial and estate planning makes the next generation’s estate administration job much easier. You do not have to tell them every detail, but at … Continued

June Market Update

John Boardman

Weekly Update

Listen as John Boardman (Founder and CEO) and Andy Reynolds (COO and Partner) discuss the current market environment. Additionally, John and Andy consider a few common questions and share their thoughts on the cyclical market, inflation, portfolio management, raised rates, and economic outlook. If you have any questions, please reach out to us: 859-226-0625 or … Continued

Markets Finally Believe Fed is Serious about Inflation

Cameron Hamilton

Weekly Update

The Fed raised rates 0.75% last week, the biggest single move since 1994 Market participants imply that rates will move from 1.75% to 3.56% by year-end Perception of a hawkish Fed may help avoid a wage-price spiral & severe recession   Last week the Federal Reserve raised rates by 0.75% or 75 basis points (bps). … Continued

A History of the Individual Income Tax in America

Frank Yozwiak

Atheneum

Key Takeaways: Individual income taxes are the largest source of revenue for the government The 16th Amendment gave Congress “the power to lay and collect taxes on incomes” History has shown that tax revenues increase when rates are cut     Taxes have been part of our country’s history from the very beginning – No … Continued

Pre-RMD & Social Security Roth Conversions

Andy Reynolds

Atheneum

Key Takeaways: Roth conversions should be especially considered if retired and not yet 70 years old. Withdrawing pre-tax funds and paying taxes before Social Security and Required Minimum Distributions (RMD) may result in less tax paid on those funds over the long term. Careful retirement income tax planning prior to age 70 may present significant … Continued