MCA Insights

Learn more about MCA and our investment thoughts and practices. Read our recent quarterly updates and consumer-geared articles on investing.

The team at Midwest Capital Advisors wants our clients to make smart financial decisions. Wise choices are easier when you are well-informed. The content here will hopefully enhance your general understanding of current issues related to financial and/or investment planning. The information may or may not pertain to or be appropriate for your particular financial situation. We are here to help you discern what is right for you, so please contact us with any questions.

Jack GRBJ blog
10/16/18 | Personal Finance

How do I know who can get me to retirement?

There are a myriad of financial advisors with shingles out in every community and choosing the right one can be overwhelming.

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april_2018_image.jpg
4/12/18 | Personal Finance

Qualified Charitable Distributions Good Option for Those over 70 1/2

Qualified Charitable Distributions (QCDs) allow an IRA owner over the age of 70.5 to donate up to $100,000 annually to a charity tax-free. A QCD is removed from your total IRA distribution thereby moving your charitable contribution “above-the-line” from what would otherwise be a “below-the-line” deduction.

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scissors
12/21/17 | Personal Finance

What does the Tax Cuts and Job Acts (TCJA) mean for you?

By Jack Nicklaus Tunge, CFP®, CRPC®

On December 15th, a House and Senate Conference Committee released a unified version of the Tax Cuts and Jobs Act. The bill passed the House by a vote of 227 to 203 and the Senate by a vote of 51-48 on December 19th. President Trump could sign the bill into law very soon but will most likely wait until January (find out why here). The following provides a brief overview of the changes that will affect individuals and, more likely than not, become law.

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dollar garden
11/20/17 | Employee Benefits Personal Finance

Maximum Allowable Contributions 2018

The latest IRS information concerning Maximum Allowable Contributions (MAC) limits for calendar year 2018.

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Retirement Just Ahead
9/6/17 | Personal Finance

Preparing for Retirement. Ever Wondered What a CERTIFIED FINANCIAL PLANNER™ Does and How They Can Add Value?

​Midwest Capital Advisors’ own investment adviser representative, Jack Tunge CFP®, CRPC®, shares an example of how he adds value to his client relationships.

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Wedding
6/15/17 | Personal Finance

Big Wedding or Big Retirement?

Destination Wedding or Fully Funded Retirement?

Something to think about

Every year I am invited to 3 or 4 weddings and I love attending every one. But I’ve noticed a few trends lately and I thought I would put together some things for today’s couples to think about as they are about to tie the knot. Here is what I found:

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Bear and Bull
3/14/17 | Personal Finance

March Madness and the Dow

Newspapers, radio, and TV news programs refer to the Dow Jones Industrial Average every day, calling it the Dow, sometimes the Dow Jones or even the DJIA. And economists and financial advisors pay close attention to its daily changes and the longer trends. But what exactly is the Dow Jones Industrial Average, does it really matter and can one see performance patterns from year to year?

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HSA doctor and piggy bank
1/16/17 | Employee Benefits Personal Finance

Triple Tax Benefits of Health Savings Accounts

When planning for retirement, most Americans think mainly about using tax-advantaged savings vehicles like 401(k) or individual retirement accounts, while failing to consider the triple tax advantages associated with saving for future health care costs using a health savings account, or HSA.

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portal screen
12/22/16 | Personal Finance

NEW Client Portal

We are pleased to announce a new technological enhancement for our wealth management clients.

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Trump at Podium
11/15/16 | Market Updates Personal Finance

What does President Trump mean for investors?

​How political parties affect the markets and the economy

Now that the 2016 presidential election is over and we can refer to Donald Trump as President Trump, it’s time to examine some additional questions.

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sunflower
7/21/16 | Personal Finance

10 Reasons to be Cheerful

Do you ever listen to the news and find yourself thinking that the world has gone to the dogs? The roll call of depressing headlines seems endless. But look beyond what the media calls news, and there also are a lot of things going right.

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