Insights
Marry Your Finances
Marriage is a big decision, but the financial questions that come with tying theĀ knot sometimes take a back seat to the excitement. We put together a checklist toĀ help make the conversations around money a little bit easier.
College is expensive; 529 plans can helpĀ
Long before inflation hit the entire economy, it hit college prices. For decades, the cost of higher education has increased faster than prices overall, making it critical for parents to plan ahead if they want to help pay for their childās education. In that time, 529 college savings plans emerged as the best tool available to help parents save. Letās get into why you might want to open a 529, how they work, and how they fit into an overall financial plan.
Planning for RMDs in 2023
At Quorum, we want our clients to understand all of the potential sources of income theyāll have available in retirement. This often opens discussions about required minimum distributions (RMDs) and the role they play in a retireeās income strategy.
The Quorum guide to 1031 Exchanges
When it comes to tax strategy, few tactics are more important for real estate investors than the 1031 exchange. In this post weāll cover what they are, how they work (planning ahead is essential), and how we approach 1031 Exchanges at Quorum Private Wealth.
What is SECURE 2.0?
The word of the year for 2023, so far anyway, is SECURE. If you feel like youāre having dĆ©jĆ vu, thereās a reason for it. Letās get into the legislation everyoneās talking about, including how it may impact your financial plans.
Winners and losers: 2022
2022 may go down in history as one of the most difficult years for investors. We always say that past performance doesnāt predict future results, and 2022 proved why: Many of the historical relationships between asset classes broke down last year.
The tax surprise lurking in bonuses
Getting a bonus is great news, and while thereās an abundance of advice around how to spend (or save) bonus compensation, thereās less coverage about something arguably more important: taxes. The way bonuses are taxed can sometimes surprise folks, so we put together a guide to help you prepare.Ā
