Our advisors often make presentations and educate groups of people in our community about how to make wise financial decisions. We now have an online listing of these upcoming seminars. Click the button below to view the calendar of presenatations and instructions to register.
We don’t plan to have a medical emergency. Rather, something happens and we need to rush to the emergency room of a local hospital.
At Eclectic Associates, we believe that getting a look at a client’s entire financial picture, not just their retirement and brokerage accounts, guides us in making sound and well-informed decisions for our clients. Not only is it important for us to have a holistic view of a client’s overall wealth, but there are many times when a client does not yet have a grasp of their own true net worth.
Recent changes in the tax law have expanded on the rules for 529 accounts, making them an extremely useful tool for helping the next generation get ahead whether they end up going to college or not.
Daniel (Dan) York is an Elder Law Attorney who practices in the Fullerton area. During a recent presentation, Dan mentioned his concentration on elder law and how it differs from general estate planning. We thought that was an intriguing and perhaps often misunderstood topic, so we asked Dan to discuss it further in the following interview.
Election season is in full force here in the United States, but Tuesday, November 5th, 2024 still feels a long way away. Between election uncertainty and geopolitical events, we shouldn’t be surprised if stock market volatility rises. You may be wondering what to expect from the rest of this presidential election year.
Despite numerous risks, the markets climbed “a wall of worry” and reversed much of the losses from 2022. Most of the gains were earned in the last nine weeks of the year.
IRMAA or the Income Related Medicare Adjustment Amount is a Medicare surcharge or tax determined by your two-year prior MAGI (Modified Adjust Gross Income).
Managing your credit card balance and overall credit usage percentage is a critical part of maintaining a good credit score.
If you, like so many others, are putting off making your charitable donations until it gets closer to the end of the year, we suggest you start on that right away.
As we enter into the final months of 2023, the deadline to comply with the Required Minimum Distribution (RMD) rules is quickly approaching.
We think investors are susceptible to making a couple of mistakes in the current market.
The Medicare Annual Enrollment Period (AEP) is here. This is the time frame each year when eligible individuals can make changes to their Medicare insurance coverage for the following year.
10% of American adults join the ranks of scam victims each year.
It’s important for American pastors to understand ministers housing allowance and seek out trusted counsel to make sure they take advantage of this tax benefit.
At Eclectic Associates, we approach insurance differently.
Naming beneficiaries is a relatively simple way to direct where your retirement and some other types of accounts will go when you die.
The highly anticipated recession of 2023 hasn’t happened yet and there are signs that it won’t happen this year.
I have provided a few tips that we learned through the college application and admissions process that may be helpful to you or to someone you know.
Long-term care insurance can be expensive, and historically premiums have increased significantly over time.
There are quite a few scenarios where intentionally recognizing income in order to pay more taxes now could actually save you taxes in the long run.
We have laid out some factors below to help guide you as you decide whether you should hire someone like us.
How long should you keep financial records and important documents?
Despite the recent demise of Silicon Valley Bank and increased volatility, we are pleased to report that both U.S. and international stocks performed well as the U.S. continued to experience economic growth.
We believe there is an opportunity for proactive planning when it comes to RMDs for inherited IRA accounts, so we’ve come up with a case study to show why.
We’ve created a “one-pager” to summarize changes related to the RMD Rule.
Some form of tax legislation has been passed almost every year since 2017, with the changes from Congress seeming to come faster and more furious than they have previously.
If used correctly, retirement calculators and projections can be very helpful in making financial decisions when you approach retirement or are already retired.
In late December Congress passed the Consolidate Appropriations Act, which also included the Secure 2.0 Act. Below are a few things that we have pulled from it that we think are worth highlighting.
As inflation pressure begins to ease, the economic outlook for 2023 depends a lot on how much the Federal Reserve further tightens monetary policy.
With rising LTC premiums, is a hybrid policy the best solution to protect against potential premium increases in the future?
