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.

If you enjoyed this episode on 3 big questions, please share it with your friends.

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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.

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.

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Stock Market Update June 2023

Jun 16, 2023

Stock Market Update | May 2023

In this stock market update Steve breaks down what happened in May.

So, if you want to understand what’s going on in the economy, get better insight into the financial markets and separate the sound from the noise, tune in now.

In this episode Steve covers: The national debt, the banking sector, the credit markets, fear and greed, several recession indicators, performance of the indices and artificial intelligence.

Thanks for tuning in!

This episode recorded June 6, 2023

Schedule a Consultation

WWM Financial is an SEC Registered Investment Advisor

The opinions expressed in this program 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