Diversified Asset Management, Inc. – 2021 4th Quarter Newsletter
Check out our latest newsletter, where we cover:
Retirement Planning Alert For Current Financial Economic Circumstances
The economy headed toward the final quarter of 2021 is running hot. With all key fundamental drivers of U.S. prosperity strong relative to their historical norms, stock prices breaking record highs month after month, and tax hikes on high- income and high-net-worth individuals expected imminently, here's a retirement planning alert built for current financial economic circumstances.
A Financial Planning Accident Waiting To Happen
Tax hikes are an accident waiting to happen. The likelihood of higher tax rates suddenly makes converting traditional IRA investments into Roth IRAs more important.
Higher taxes are widely anticipated, and our job as financial professionals is to alert you to what's ahead. Before the tax wreck of 2021, please brace yourself by planning now.
Making A Life-Changing Financial Difference To A Spouse And Needy Loved Ones
Just before the beginning of every year, 10 top Wall Street investment strategists are asked by Barron's, the century-old financial magazine, to predict which industry sectors will outperform and underperform the Standard & Poor's 500 stock index for the year ahead.
Making A Financial Transition? Answer These Five Questions
Tax law and estate planning might bore you to death, but this brief tip could make a life-changing financial difference to your surviving spouse, and other loved ones, including disabled and chronically ill family or friends, as well any minor children in your life.
These individuals are among the five exceptions to the usual distribution rules on the inheritance of assets in IRA, 401(k), or other federally qualified retirement plans.
Dealing With Financial Fear
If you suffer from financial fear and anxiety, talking about it is likely to help.
In talking about it, according to Dr. Frank Murtha, a financial psychology expert, you go through a process of recognizing, understanding, and constructively reacting to your fear, rather than keeping it inside you and causing anxiety.
2021 Year End Tax Planning: Higher Stakes And More Confusing Than Ever
Year-end tax planning is more important than usual because it occurs concurrently with a turning point in U.S. tax policy. For the first time in 40 years, taxes on income and wealth transfers are headed higher.
Exactly what's about to happen - which provisions of the estate and income tax laws will be revised and the financial impact on high income and high net worth individuals - is uncertain. It depends on Congress, politics, the economy and financial markets, thus making it impossible to predict.
Click here to read the newsletter: 2021 4th Quarter Newsletter
Robert J. Pyle, CFP®, CFA is president of Diversified Asset Management, Inc. (DAMI). DAMI is registered as an investment adviser with the U.S. Securities and Exchange Commission (“SEC”) with its primary place of business in the state of Colorado. DAMI will only transact business in other states to the extent DAMI has made the requisite notice filings or obtained the necessary licensing in such state. No follow up or individualized responses to persons in other jurisdictions that involve either rendering or attempting to render personalized investment advice for compensation will be made absent compliance with applicable legal requirements, or an applicable exemption or exclusion. References to registration with the SEC do not imply any endorsement or approval of the qualifications of the firm, nor do they imply that the firm’s representatives have attained a particular level of skill or training. To contact Robert, call 303-440-2906 or e-mail info@diversifiedassetmanagement.com.
The views, opinion, information and content provided here are solely those of the respective authors, and may not represent the views or opinions of Diversified Asset Management, Inc. The selection of any posts or articles should not be regarded as an explicit or implicit endorsement or recommendation of any such posts or articles, or services provided or referenced and statements made by the authors of such posts or articles. Diversified Asset Management, Inc. cannot guarantee the accuracy or currency of any such third party information or content, and does not undertake to verify or update such information or content. Any such information or other content should not be construed as investment, legal, accounting or tax advice.