Charitable giving not only supports the causes you care about but also offers potential tax benefits. By implementing tax-efficient charitable donation strategies, you can make a meaningful difference in the world while optimizing your financial situation. Let’s explore some effective strategies to help you maximize both the impact of your donations and the tax advantages
In honor of Father’s Day, we asked Jack Tunge, CFP® at Midwest Capital Advisors, and proud “girl dad” to Charlie for his feedback on various topics ranging from saving for college to planning for retirement and the importance of taking an active role in teaching financial literacy.
As if dealing with the current economic climate isn’t overwhelming enough, we also must deal with its impact on our future. Many are wondering how this period of higher inflation is affecting their investments and what they can do about it. However, the better question might be when to adjust one’s investments in response to it.
There is no “right” time to file for Social Security. Becoming familiar with key aspects of Social Security and talking with your financial advisor can help you make an informed decision about your financial future.