Investment Planning, Retirement
Why “Living Off the Income” Isn’t Always the Safest or Prudent Retirement Strategy One of the most common retirement strategies people ask about is the idea of “living off the income” generated by a portfolio or using dividends from stocks and interest from bonds or CDs while never touching principal. At first glance, the strategy…
Social Security Fairness Act: Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) update By Kevin Doll, CFP® Many clients have been impacted by two Social Security provisions previously reducing, or even eliminating, Social Security benefits they might have been eligible for if they did not have a government pension. The Social Security Fairness Act,…
EDIT posted 12/6/2024: We recently emailed clients and posted on our website regarding the new beneficial ownership information filing requirement mandated by the Corporate Transparency Act (CTA) and FinCEN. On December 3, 2024, the U.S. District Court for the Eastern District of Texas granted a nationwide preliminary injunction preventing the federal government from enforcing the…
By: Kevin DollPosted: 5/17/2024 Evolution of Financial Advisors and Fee Structures Can you believe the stock market is over 400 years old? Many things have changed over the years from trading platforms and technology to the types of assets you can buy and the way you can buy, sell, and hedge them. The financial industry has…
Beyond Your Finances, Risk Management
By: Kevin Doll, CFP® Watching family members age is never easy but helping them with Alzheimer’s and dementia can be especially challenging financially and emotionally. The relationship and conversations will likely be changed forever and unfortunately you may be the only one who realizes it. It can be hard to maintain a tender relationship given…
By Kevin Doll, CFP® Happy New Year and welcome to another new set of tax rules! The SECURE Act 2.0 was signed into law on December 23, 2020 as part of an omnibus budget bill for 2023. So, what does it mean for you? Another Change to Required Minimum Distributions (RMDs) Delayed from age 70.5…
Beyond Your Finances, Education Planning, Estate & Legacy, Market Commentary, Retirement, Taxes
Year-End Financial Checklist Looking at your year-end financial checklist now allows you and your financial advisor time to review and assess the progress made on goals set at the start of the year, while still having time before the end of the year to make adjustments if needed. With this timeline in mind, here are…
PDS Planning Employee Spotlight – Kevin Doll, CFP® The newest addition to the PDS Planning team, Kevin Doll, CFP®, brings over 20 years of experience as a Registered Investment Advisor with him. Throughout that time, he has worked on a fee-only basis with a range of clients that include next gen, high net worth, business…
Beyond Your Finances, Education Planning
By Kevin Doll, CFP® 5 Things To Know About The Student Debt Relief Program As you likely have heard, on August 24th, the Biden Administration announced a three-part student loan debt relief program. The aim of the program is to help working and middle-class federal student loan borrower’s transition back to regular payments as pandemic-related…
