Lake Avenue Financial

12/24/2024

You've got 7 more days before you can take advantage of these strategies.

These 5 simple moves can possibly help you lower your tax bill in 2024.

#1 Maximize tax-deferred accounts
→ Contribute to HSAs, 529s, and after-tax 401(k) contributions if eligible.

#2 Harvest capital gains
→ Strategically realize gains now to take advantage of current tax rates.

#3 Explore Mega-backdoor Roth conversions
→ Convert after-tax 401(k) contributions to a Roth IRA.

#4 Bundle deductions
→ Combine charitable donations, medical expenses, and other deductions to exceed the standard deduction.

#5 Fill up your current tax bracket
→ Pay more tax now at a lower rate to avoid possible higher tax rates later.

I created a simple guide that breaks everything down.

You can download it for free here 👉 https://www.lakeave.com/end-of-year-smart-tax-strategies-resource-guide-2024

12/24/2024

In the debut episode of The FEW Podcast, hosts Jess Bost and Alex Chalekian introduce themselves and share their personal journeys into the financial industry. Alex recounts his path from studying to be an accountant to becoming a financial advisor, motivated by his family’s struggles with money management. Jess reflects on her later start in the industry and her passion for supporting women in financial services. Together, they discuss their commitment to helping women make informed financial decisions, create a community for financially empowered women, and share their future plans for the podcast. Tune in for relatable stories, practical advice, and how to be financially independent.

Join our community: https://www.joinfew.com

09/14/2024

Are you saving for retirement? If you’re a small business owner, setting up your retirement vehicle may seem like a daunting task. Read more to learn about your choices for managing savings for retirement today.

Help small businesses make better retirement decisions for employees with this eye-catching and informative infographic.

09/12/2024

Saving early could prove very helpful down the road. Share this piece with your family and consider your choices.

This early financial decision could prove helpful over time.

09/11/2024

Choices, choices, choices. Make sure you know the benefits and limitations before committing your money.

Exchange-traded funds have some things in common with mutual funds, but there are differences, too.

09/10/2024

Women control \$10 trillion in financial assets. That figure is expected to rise to \$30 trillion by 2030.

Explore the growing influence women wield over the economy with this handy infographic.

09/09/2024

This message provides a look at how variable rates of return impact investors over time.

A look at how variable rates of return impact investors over time.

09/07/2024

A retiree’s should reflect the lifestyle choices he or she makes in . Does yours?

Lifestyle considerations in creating your retirement portfolio.

09/06/2024

Stocks notched modest gains in August, helping investors forget a volatile month of trading, punctuated by upbeat comments by Fed officials about interest rates.

Monthly Market Insights | September 2024 U.S. Markets Stocks notched modest gains in August, helping investors forget a volatile month of trading, punctuated by upbeat comments by Fed officials about interest rates. The Dow Jones Industrial Average rose 1.76 percent, while the S&P 500 Index tacked o...

09/05/2024

A few strategies that may help you maximize your Social Security income.

There are other ways to maximize Social Security benefits, in addition to waiting to claim them.

09/04/2024

[Video] Agent Jane Bond wants you to know about the basics of the .

Agent Jane Bond is on the case, cracking the code on bonds.

09/03/2024

Have you used a junk-drawer approach to manage your investments?

It's easy to let investments accumulate like old receipts in a junk drawer.