The CARES Act offers individuals and businesses greater incentives to maintain or increase charitable giving in 2020, even when they may be facing their own personal struggles to survive the financial impact of the COVID-19 health crisis. For Individuals Effective for 2020, individuals who itemize deductions on their federal income tax returns may write off […]
In this episode, the relatable finance guys discuss investing strategies and share their thoughts on volatile markets.
Significant declines in key economic indicators during the COVID-19 pandemic have encouraged the Federal Reserve to maintain its aggressive monetary policy, keeping benchmark interest rates near zero. Despite the financial fallout and future uncertainty created by the coronavirus, high-net-worth individuals should consider these periods of low-interest rates to be prime time for implementing certain estate-planning […]
In this episode the relatable finance guys debate the question – should we have seen this bear market coming?
The COVID-19 pandemic has given individuals pause about their own mortality and their wishes for managing their affairs in the event they become too ill to make those decisions for themselves. During these times of uncertainty, it is wise to be proactive, take stock of your physical and financial health and determine how you wish […]
In this episode, the relatable finance guys discuss the various scenarios for the economy returning to normal.
A Roth IRA is a unique retirement savings vehicle that allows eligible individuals to set aside money today for a potentially tax-free income stream in the future. Like a traditional IRA, a Roth arrangement allows individuals to make annual contributions of up to $6,000 in 2020, or $7,000 for savers age 50 and older. That […]
One of the greatest risks to your retirement savings is your longevity. The longer you live, the more likely you will develop a chronic medical condition or disability that can impair your ability to take care of yourselves later in life. Without proper planning and saving for these circumstances, it is possible that the rising […]
The SECURE Act’s elimination of stretch IRAs poses a challenge to many high-net worth account owners who had hoped to pass their savings to the next generation and allow inheritances to continue growing tax-free over beneficiaries’ lifetimes. Under the law, non-spouse IRA beneficiaries must withdraw the entirety of inherited IRA accounts within 10 years of […]
Gone are the days when large, institutional banks and wirehouses were the only ones with pockets deep enough to arm financial advisors with the tools needed to attract and retain wealthy clients. Today, independent broker/dealers and registered investment advisories associated with independent wealth management firms have access to a wide array of customizable strategies and […]
In this episode, the relatable finance guys explain the Fed’s recent actions on interest rates and what it is trying to achieve.
FT. LAUDERDALE, FL – April 16, 2020 – Provenance Wealth Advisors’ Chief Investment Officer Todd Moll, CFP®, CFA, has been named to the Financial Times annual list of the top 400 financial advisors in the country for the fifth year. Financial Times ranks advisors with more than 10 years of experience and $300 million or […]
IN this episode the relatable finance guys share their perspectives on how coronavirus is impacting the economy.
FT. LAUDERDALE, FL – April 10, 2020 – Provenance Wealth Advisors announced that Barron’s has once again named the firm’s chief investment officer and director Todd Moll, CFP®, CFA, to its annual list of top 1,200 financial advisors in the country for the sixth consecutive year. Up from No. 18 in 2019, Moll is No. […]
Individuals and business owners facing a sea of challenges responding to the COVID-19 pandemic, received some welcome relief from the IRS in the form of a federal income tax filing and payment extension. On March 21, the IRS delayed the 2019 federal income tax filing and payment deadlines to July 15, 2020. This move gives […]
