FT. LAUDERDALE, FL, June 10, 2024 – Provenance Wealth Advisors, an affiliate of Berkowitz Pollack Brant Advisors + CPAs Accountants, has been recognized on Accounting Today’s annual Wealth Magnets list. The Wealth Magnets list ranks investment advisory firms affiliated with CPA firms by assets under advisement. Provenance Wealth Advisors had $3.88 billion in assets under […]
Like many estate-planning decisions, whether it is best to invest in a traditional 401(k) retirement savings plan or a Roth 401(k) comes down to taxes. More specifically, does it make more sense for you to pay taxes on your withdrawals in the future or on the contributions you make today? Weighing these options requires a […]
In today’s episode, “From Start-Up to Going Public,” the relatable finance guys explore the dynamic journey of businesses transforming from small start-ups to major players on the stock exchange. Join in as they delve into the different stages that can help a company grow and achieve this remarkable milestone. While not all paths are identical, […]
Individuals looking to boost their retirement savings beyond the traditional limits of workplace 401(k) and 403(b) plans may be able to do so with a mega backdoor Roth. This strategy may provide a workaround to the income and contribution limits of Roth IRAs while allowing high-net-worth individuals to benefit from tax-free distributions in retirement. For […]
In this episode, relatable finance guys discuss something that affects every American: the United States national debt. Listen as they discuss where the national debt currently stands, explore the factors that have contributed to its rise, and consider the potential impacts on our economy and everyday lives.
Just as annual medical check-ups help you maintain proper health, regular insurance plan reviews can provide invaluable benefits. Evaluating current insurance policies once a year or every two years can help to ensure your policies keep up with your changing circumstances and may even result in re-rated and reduced premiums. Too often, individuals purchase insurance […]
Dive into the complexities of the Federal Reserve’s delicate balancing act with the South Florida Relatable Finance guys. Despite expectations of interest rate cuts, the resilient economy and the approaching presidential election add layers of complexity to the Fed’s decisions, as they do not want to be viewed as impacting elections. Join us as we […]
In 2023, the U.S. Department of Labor, Internal Revenue Service and Pension Benefit Guaranty Corporation issued final changes to how retirement plan sponsors must annually report critical information about their employee benefit plans under the Secure Act that was passed into law in 2021. These updates apply to employers’ annual reporting obligations for the 2023 […]
There are times when you may find yourself short on cash to cover necessary and often significant expenses, such as unexpected medical bills and home repairs, or helping a child pay for graduate school or the purchase of a new home. While it may be tempting to tap into your retirement savings, it is important […]
The threat of tax increases and a reduction to the federal estate tax exemption is something high-net-worth families must consider when planning for wealth preservation. One strategy investors and family offices are increasingly relying on to prepare for an eventual shift in tax policy is private placement life insurance (PPLI). The traditional goal of life […]
Congratulations! Your child has been accepted into college and will potentially move out of your family home in the next few months. During this time of excitement and, perhaps, sadness, don’t forget that the law no longer recognizes you as your child’s legal guardian. Unless you prepare in advance, you may not even have a […]
The South Florida Relatable Finance Guys discuss unexpected money and how to make the most of it. From defensive strategies like bolstering your emergency fund and paying off debt, to bold moves like pursuing your dreams or launching your own business. Don’t miss out on valuable insights and practical tips. Listen now!
In this episode, join the South Florida relatable finance guys as they tackle the ever-relevant topic of inflation, but with a twist – exploring its impact through the prism of changing lifestyles and the journey of growing up. The discussion delves into the dual perspectives of rising costs and the effect on earnings, providing personal […]
If you turned 62 this year, congratulations! You may be eligible to begin collecting Social Security benefits. However, the longer you wait to start claiming benefits, the higher the monthly payout you will receive. For example, by waiting until you reach your full retirement age (FRA), as defined by the Social Security Administration (SSA) based […]
In the latest Relatable Finance podcast episode, the South Florida finance guys delve into the often overlooked realms of alternative investments and private markets. While stocks and bonds dominate financial discussions, we shed light on the potential of alternative avenues. Discover the allure of these investments, offering attractive returns beyond the traditional options. However, be […]