We are dedicated to providing investment management and strategic wealth planning for you. Simply put, we strive to be our client’s trusted advisor.
Learn more about our amazing team of professionals and see what makes us different. We're here to help guide you in the right direction.
Stay up to date with our latest financial news and events. Register today for one of our workshops or subscribe to our blog.
There is a common misconception that life insurance benefits are not subject to estate tax.
While the proceeds of a life insurance policy are not taxable income to the beneficiaries, they are part of a person’s taxable estate if the insured dies owning the policy.
Every year, the Internal Revenue Service announces cost-of-living adjustments that affect contribution limits for retirement plans and various tax deduction, exclusion, exemption, and threshold amounts. Here are a few of the key adjustments for 2019.
Employer retirement plans
There are a number of ways an individual can avoid the 10% early withdrawal penalty from their IRA or employer work plan. Some exceptions apply specifically to IRAs (i.e. higher education; first-time home buyer, etc.) and others pertain only to company plans (for example, the age-55 exception and qualified domestic relations orders, among others).
© 2019 Retirement Choices of California. All rights reserved.
