If you are taking Required Minimum Distributions (RMDs) and donate money to charity, there is a simple strategy you can employ to save on taxes and other costs. By making Qualified Charitable Distributions (QCDs) from a qualifying IRA, you may… Read More
Read our Estate Planning Overview here if you are just getting started: https://www.amminvest.com/estate-planning-overview/You’ve visited an attorney, got all of your documents drawn up, you have your big binder filled with everything important, now what?Creating an estate plan summary – a… Read More
You may have heard the term CFP® or CERTIFIED FINANCIAL PLANNER™ used in advertisements or by financial advisers, including us here at American Money Management. If you do not know what these terms mean, or would like to deepen your… Read More
Starting an investment account for your minor child or grandchild can be a great way to jump-start their financial life. An investment account can help fund college costs, support a first car or home purchase, and even jump-start retirement savings…. Read More
We spend hours searching for flight deals or plan our shopping around Black Friday to save a few hundred dollars. But one focused hour on your finances could potentially uncover thousands in savings, reduce hidden risks, and sharpen your retirement… Read More
Tax-Efficient Withdrawal Sequencing: Taxable vs. Roth vs. Traditional Achieving financial security in retirement requires more than diligent saving; it requires thoughtful planning around how and when you withdraw from your retirement accounts. Strategic withdrawal sequencing between taxable accounts, traditional (tax-deferred)… Read More
Employee stock plans can be a significant benefit to your net worth but you must know how best to use them for your situation. There are a variety of employee stock plans and each has their own benefits and considerations.The… Read More
Many people do not have to worry about heirs paying taxes on their estate. This is because the federal exemption amount is currently $13.61 million, meaning that your estate must be valued above that for any estate taxes to apply…. Read More
For small business owners and solo entrepreneurs, planning for retirement can often take a backseat to day-to-day operations. However, establishing a solid retirement plan is essential for both your future and that of your employees. With various options available, finding… Read More
Your finances reflect more than just numbers on a spreadsheet—they embody your priorities, dreams, and beliefs. But how often do you step back and examine whether your financial decisions truly align with what you value most? In a world driven… Read More
If you are taking Required Minimum Distributions (RMDs) and donate money to charity, there is a simple strategy you can employ to save on