Upon the passage of the Tax Cuts and Jobs Act in December 2017, several U.S. businesses announced that they would be issuing year-end bonuses to their employees. If you are among one of these lucky workers, consider committing some time to think about where you could maximize those extra dollars. As gratifying as it may be to immediately splurge on a gift for yourself, you may reap far more benefits when you put those dollars to work for you and your future. Following are seven smart money moves to help you solidify your financial footing.
Even if you did not receive a bonus in 2017, you are likely to see an increase in your take-home pay in 2018, thanks to the lower individual tax brackets of the new tax law. In either case, individuals should consider meeting with experienced advisors to assess their current financial condition and learn other ways they may improve their ability to meet their short-term and long-term financial goals.
About the Author: Kathleen Marteney, CRPC, is a financial planner with Provenance Wealth Advisors, an Independent Registered Investment Advisor affiliated with Berkowitz Pollack Brant Advisors and Accountants, and a registered representative with Raymond James Financial Services. She can be reached at (800) 737-8804 or via email at firstname.lastname@example.org.
Provenance Wealth Advisors, 200 S. Biscayne Blvd., Miami FL 33131 (800) 737-8804.
Kathleen Marteney, CRPC, is a registered representative of and offers securities through Raymond James Financial Services, Inc., Members FINRA/SIPC.
Raymond James is not affiliated with and does not endorse the opinions or services of Berkowitz Pollack Brant Advisors and Accountants. PWA is not a registered broker/dealer and is independent of Raymond James Financial Services. Investment Advisory Services offered through Raymond James Financial Services Advisors, Inc., and Provenance Wealth Advisors.
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