Roberson Tierney & Associates, LLC

In good times and bad, your financial professional is there to help. If you need someone to help you navigate what’s ahead and help you protect your finances, you can turn to your financial professional.

Tax time can be a good time to give your household budget a checkup. https://lnkd.in/eryKYmeP

Your financial professional should get the scoop about your work life. Whether you get that big raise, start a new job or get a new title, or start your own business, your financial pro needs to be in the loop.

If giving back is part of your retirement goals, Qualified Charitable Distributions (QCDs) may be worth considering. Designed for those 70½ and older, QCDs allow you to donate from an IRA without adding to your taxable income, helping to meet your RMDs, which now start at age 73. The maximum annual limit for QCDs is currently set at $100,000 for 2024, an amount that adjusts for inflation yearly. Check your charity’s status through the IRS, and reach out to a trusted professional to understand any state-specific nuances. #LegacyBuilding #RetirementWisdom #TaxSmartCharity #WealthPlanning https://lnkd.in/esSVENk2

Who’s the first person you tell big news to? Your spouse? Your family? Put your financial professional near the top of your list. They need to know about the big transitions you make, so they can help you adjust your strategy accordingly.

A home inventory might seem like a project, but it can be so valuable if you ever need to make an insurance claim. If you take the time to video your possessions room by room, it helps create an accurate, easy-to-reference record. Adding details like receipts, makes, models, and appraisals can also support the value of your belongings. Just be sure to keep a digital copy in a secure place, like the cloud or a USB in a safety deposit box, and remember to update it as you add new things to your home. #HomeInventory #InsuranceTips #Preparedness #PeaceOfMind https://lnkd.in/eG9MA9-Y

We all have goals and dreams we want to pursue. But how can your financial professional help if they don’t know what they are? This month, we’ll explore key topics to discuss with your financial professional.

Extended-care insurance is one of the most complex types of insurance you may consider. Learn more. https://lnkd.in/dhvZDi3k

As you plan year-end charitable donations, a few key tips can help make sure you’re giving thoughtfully. Look into charities that matter most to you, and don’t forget to check if your employer offers donation matching. Itemizing donations, giving appreciated assets, or even gifting life insurance can all bring more value to both you and your chosen charity. #GiveBack #YearEndGiving #FinancialWellness https://lnkd.in/eyCUnsZK

Navigating retirement plans as a small business owner doesn’t have to be daunting. This article covers the basics of SIMPLE-IRAs, SEP-IRAs, and 401(k)s, each offering unique advantages. SIMPLE-IRAs allow both employers and employees to contribute, with lower maintenance costs and flexibility in contributions. SEP-IRAs, sponsored solely by employers, provide flexibility in contributions from year to year, which can be helpful for businesses with fluctuating cash flow. Finally, 401(k)s enable employees to contribute with the possibility of employer matching. Choosing the right plan depends on your business structure and goals, so consulting with a professional is a great next step. #SmallBusinessOwner #RetirementPlans #SIMPLEIRA #SEPIRA #401k #FinancialPlanning https://lnkd.in/ejERuiE3