By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA I had a client email me the other day trying to figure out how to minimize their tax obligation…or “involuntary philanthropy,” as I sometimes think of it. Now, full disclosure. I am not a tax …
Top Business & Personal Tax Deductions That You May Be Missing Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA There’s been a great deal of publicity over the IRS getting $80 billion in additional funding over the next decade from Congress. As a result, I’ve had several “concerned” client conversations over the last few …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA It seems I am hearing more and more often the question, “How much can I take out of my retirement account(s) and assets without running out of money?” Fortunately, we have a book coming out …
How Much Can I Withdraw From My Retirement Account(s) & Not Run Out of Money? Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA Imagine for a moment that you could invest in such a way that you could: Receive a consistent monthly or quarterly check Skip the investment management…hands-free on your part! Earn 5.5% – 8% return on …
Where, Oh Where, Can I Find More After-Tax Income? Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA Happy 2023! Just for fun, let me test my mind-reading skills just a little. (It doesn’t work at home, but maybe it will here, at least just a bit!) Since it is January and we …
What are Your Goals for 2023 – Financial & More? Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA The “Setting Every Community Up for Retirement Enhancement Act of 2019” was signed into law in late 2019. The name of the law is so hard to remember that it is simply called the “SECURE …
Nine Key Takeaways on the New Tax Act: SECURE Act 2.0 Read More »
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA In December of 2022, Melanie Fine interviewed ten business leaders for her article in Forbes. I am grateful and humbled to be among them. You can read the full Forbes article here. Ms. Fine asked “What …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA One of the well-known Christmas songs is the “12 Days of Christmas.” Yes… it gets really boring towards the end, but okay. Not sure if you can identify with the lords a-leaping or with the …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA I love this time of year! The cooler temperatures, the beautiful lights in our city and county, and the food. Who would have thought there were so many different ways to have chocolate? Not only …
By R. J. Kelly, CAP, ChFC, CEPA, CLU, MSFS, RICP, IAR, AEP, WMCP | Wealth Legacy Group®, Inc. | San Diego, CA In July 2020’s “Imagine That™!” we met “Donna” (named changed), an interior decorator with a thriving business, who had asked us to help establish her estate plan and create a legacy for her two children …
Can Family Wealth Last More Than Two Generations? Read More »