Review Your Benefits as You Progress Through Life

Frank Yozwiak

Atheneum

Key Takeaways: Workers born between 1957 and 1964 changed jobs an average of once every two-and-a-half years and had an average of 11.7 jobs between ages 18 to 48. If you have employer-provided life insurance, you may have the option to take the policy with you if you leave your job, but the premiums will … Continued

Healthcare Is Now an Annual Decision

Cameron Hamilton

Weekly Update

Key Takeaways: Medicare Advantage & Medigap Plans are Private Insurance Offerings ACA Marketplace Plans Can Change in Your Zip Code Each Year Everyone Without Employer-Provided Health Insurance Needs to Shop Each Year   Halloween candy is on clearance and Christmas decorations are front and center, but aren’t we forgetting an important holiday?  No, not Thanksgiving; … Continued

Evaluation of a Job Offer

Andy Reynolds

Atheneum

Key Takeaways – When reviewing an opportunity to take a new job or leave a W2 salary to start a business, the following considerations must be made.   What are all the aspects of my compensation package? This includes salary and other benefits such as insurance, retirement, and other fringe benefits. Most health insurance policies … Continued

Employee Stock Ownership & Options

Cameron Hamilton

Atheneum

Key Takeaways:   Company stock plans & stock options have many customizable details Employees should understand their stock plan’s features & tax consequences With correct utilization, employee stock can meaningfully increase compensation   When evaluating a job offer, it is best not to focus only on salary or hourly wage.  We have had the pleasure … Continued

The Benefits of Working with a Financial Advocate

Frank Yozwiak

Weekly Update

Key Takeaways: Investors who work with a financial advocate are more successful than those who do not. Working with a financial advocate helps take emotion out of the investing equation. We help our clients create, and stick to, their long-term financial plans.   For many people, likely most people, the first time they’ll ever see … Continued

The Questions to Ask About Concentrated Positions

John Boardman

Weekly Update

We have worked with many affluent clients who amassed their wealth through concentrated exposure to a single asset.  Examples could include a corporate executive receiving ongoing stock awards, a founder of a company selling his or her business in exchange for stock, or even a property owner whose land value has appreciated markedly over time.  … Continued

Should Business Owners Raise Their Salary to Earn More Social Security?

Cameron Hamilton

Atheneum

Key Takeaways:   Pass-through entity owners can choose to take profits as wages or distributions Increasing owner salary raises payroll tax liability but also increases future Social Security benefits Older owners and owners with non-working spouses and/or incomplete earnings records stand to benefit the most from increasing their salaries   Lower taxes are better, right?  … Continued

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 … Continued

Surprise of 2019 – Lower Rates & High Bond Returns

Andy Reynolds

Weekly Update

Key Takeaways:   As the Federal Reserve eyes another rate cut, it is important that investors: Review interest rates on loans. Review your equity/bond exposure. Seek competitive rates on cash deposits.   With rates falling drastically over the past twelve months, one of the more surprising outcomes of 2019 so far has been the return … Continued

Thoughts About Estate Plans

Frank Yozwiak

Weekly Update

There is a misconception that you only need an estate plan if you are extremely wealthy – this is simply not true.  A sound estate plan is an integral part of any overall financial plan.  An estate plan is the best way to ensure that those you love and care about will be taken care … Continued