Alexa Sider Pao - Financial Advisor with Paoerhouse Financial Group

10/20/2022

We’re not in a bull market today, but it’s just a matter of time before we enter one. Here’s what you need to know about the changing markets and why your investment strategy shouldn’t change.

Regardless of what the market is doing, sticking to a consistent investing routine will help ensure you stay on track to meet your financial goals.

08/11/2022

While nobody knows when or if a recession might happen, it may be wise to start preparing by looking at how it could affect your retirement savings.

06/09/2022

So honored to be ranked one of the top financial advisors in the US!

Link: https://alumnispotlight.com/2022/04/25/the-top-100-financial-advisors-for-2022/

02/27/2022

A new IRS rule will allow retirees leaving the workforce at age 59 ½ to take out more money each year without incurring a 10% tax penalty on each withdrawal. Learn more about the new rule in this article.

Those younger than 59½ can now withdraw more from IRAs, 401(k)s or other qualified retirement accounts without a 10% early withdrawal penalty. It’s all because the IRS changed how to calculate Substantially Equal Periodic Payments. But beware of the risks.

02/26/2022

It’s no secret that many pre-retirees and retirees may not have enough retirement savings, but this article explores how the Great Resignation could provide solutions to growing your retirement income.

Pre-retirees and recent retirees can significantly improve their financial security by working a few years in retirement, and they may have advantages over younger workers.

02/25/2022

If you receive a Form 1099 from the IRS, don't ignore it. Take a look at what you need to know about filing these critical tax forms.

Don't assume you're off the hook for reporting income if you don't receive a Form 1099 by February or even March. Some companies issue Forms 1099 late. Even if you never receive a Form 1099, if you receive income, you must report it.

02/21/2022

If you want to get your new year off to a great start, here are some quick and easy money moves to grow your retirement savings in 2022.

Even minor savings can add up to big gains over time

02/18/2022

Savers face huge pressure to set meaningful financial goals, but Morningstar research shows there is a gap between what investors think they want and what is relevant to them. Learn why, in this article.

Savers face huge pressure to set meaningful financial goals, but Morningstar research shows there is a gap between what investors think they want and that is actually relevant to them

02/16/2022

Life insurance benefits are typically free of income tax but can be subject to estate tax, which in some cases may be as high as 40%. Transferring ownership of a policy to a trust or third party is a common way to reduce that tax liability, however, the insured must live for 3 years after the transfer in order to benefit from this strategy. In this interview, Winstead PC attorney John Bergner describes ways to accomplish this tax saving strategy without being subject to this 3-year tax rule. After you’ve listened to his insights, let’s talk about how we can better protect your assets from potential estate tax.
https://vimeo.com/328573818/e7c44ea828

02/15/2022

This article shares why you should have a plan for announcing your retirement, who you plan to stay in contact with and how to protect your interests.

A lot of things can happen when you leave your permanent employment, so it’s best to keep those close to you in the loop; otherwise, negative consequences can result for you or your family.

02/12/2022

Estate planning consultant Kathryn Rodgers describes the levels of bankruptcy protection for IRAs and qualified plans in this short video from The Nautilus Group, a service of New York Life Insurance Company.

This is "1. Are IRAs And Qualified Plans Protected From Creditors - Kathryn Rodgers" by The Nautilus Group® on Vimeo, the home for high quality videos…

02/10/2022

These top three tax figures are what all employees should know to look ahead and consider for tax planning in 2022.

Many key tax numbers are annually adjusted for inflation. Cutting through the cutter, here are the top three sets of tax figures for 2022 that all employees should know. They relate to compensation from work: paycheck withholding, the potential need for estimated taxes, and retirement savings.