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Tax prep for 2024 & Navigating The Financial Landscape

Nov 29, 2023

Tax Prep for The New Year & Navigating Financial Landscapes

Hosts: Catherine Magaña, CFP® (Managing Partner), Steve Wolff, CFP® (Managing Partner), Greg Carroll, CFP® (Wealth Advisor), Rachel Ivanovich (Tax Strategist and Wealth Advisor).

Episode Highlights:

What does the $1.8 billion Realtor lawsuite mean for real estate?

The hosts dive into a discussion about the recent Realtor lawsuit concerning real estate fees, exploring its implications on the industry and potential impacts on the real estate market.

Interest Rates:

The team analyzes current interest rate trends and their effects on the market.

Economic Slowdown and Possible Recession:

An overview of the economic landscape, addressing concerns about a slowdown and the potential for a recession.

Planning Tips to Prepare for Next Year:

The hosts offer valuable tips for financial planning in the upcoming year, emphasizing proactive measures to secure financial well-being.

Tax Planning:

A detailed exploration of tax planning strategies in preparation for the new year.

Flexible Spending Account (FSA):
- Assessing the FSA balance to make informed decisions about healthcare expenses.
W-2 Withholding:
- Guidance on checking and adjusting W-2 withholdings for optimal tax outcomes.
Retiree Considerations:
- Advising retirees to stay ahead by fulfilling estimated tax payments to avoid penalties.
Capital Gains and Losses:
- Cautionary advice on offsetting large gains with losses and navigating wash sale rules.
Required Minimum Distributions (RMDs):
- Ensuring RMDs are met to avoid penalties and stay in compliance with retirement account regulations.
Salary Deferrals, IRA Contributions, and Donations:
- Discussing strategies such as salary deferrals, IRA contributions, and charitable donations to optimize tax benefits.
Gifting and Appreciated Stock:
- Exploring gifting limits, charitable distributions, and the potential advantages of donating appreciated stock to charity.

Closing Thoughts:

The episode wraps up with a recap of key insights and a reminder to stay proactive in your financial planning.

Episode Recorded on 11/20/2023

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WWM Financial is an SEC Registered Investment Advisor

The opinions expressed in this content are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.

Proactive Wealth Process | Retirement Planning

Nov 21, 2023

Welcome To The Proactive Wealth Process.

In this episode, Rachel Ivanovich, EA, MBA and Catherine Magaña, CFP® discuss 3 big questions.

So if you want to know how much to save, what to invest in, and when to start investing so you can avoid running out of money in retirement, tune in now!

In this episode, you’ll discover:

“3 Big Retirement Planning Questions ”

· How much money do I need in retirement?

· What investments should I be in?

· When you should I start investing for retirement?

Learn more about how you can retire comfortably and remain comfortably retired at wwmfinancial.com

Thanks for Tuning In!
Thanks so much for being with us this week.

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Thanks for listening!

Schedule A FREE Call

WWM Financial is an SEC Registered Investment Advisor

The opinions expressed in this content are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.

WWM Talks Nov. 3, 2023

Nov 21, 2023

In this installment of WWM Talks, we unravel the intricacies of markets, address pressing concerns, and unveil invaluable tips for seasoned investors and beginners alike. Tune in as we discuss the rising topic of bonds and why timing the market is so tricky.

Join us as Steve reveals a common retirement mistake that could potentially jeopardize your nest egg, providing essential insights for safeguarding your financial future. Vince passionately underscores the transformative power of technology, painting a compelling vision of the investment landscape shaped by innovation.

Catherine shares the recent changes in IRS retirement plan contribution limits, arming yourself with knowledge that empowers your financial decisions.

Greg discusses how we are influenced by the realities of a tumultuous world. Discover how these events trigger short-term thinking among investors and learn from our experts as they guide you towards rational, level-headed decision-making.

Tune in now and equip yourself with the wisdom to navigate the financial landscape with confidence!

Episode recorded 11/3/2023

Schedule A FREE Call

WWM Financial is an SEC Registered Investment Advisor

The opinions expressed in this content are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.

What Is the financial planning process

Sep 6, 2023

Discover how to become financially independent without giving up lattes or living on bread and water.

I invite you to check out this short video covering the financial planning process. In this video you’ll discover:

Setting short- & long-term goals.
Making financial decisions.
Financial considerations related to age.
The 7 steps of the financial planning process.
Who a financial plan is for.

So, if you’re serious about taking control of your finances and you don’t want to run out of money in retirement then you should watch this video.

Schedule A FREE Call

WWM Financial is an SEC Registered Investment Advisor

The opinions expressed in this content are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional.

What Is The Most Important Part Of A Financial Plan?

Aug 22, 2023

This quick video reveals the most important part of your financial plan. So, you can get control of your money and create a life you love.

If you’re wondering if you’re saving enough or if you’re in the right investments so that you can retire comfortably and remain comfortably retired, book a free call by clicking on the button below.

Schedule A FREE Call