21 Jun 2014

The Ins and Outs of 529 Education Funding Plans- Radio Show

Article written by
WorthPointe Wealth Management

posted on 21st June 2014 in Radio Shows

The Ins and Outs of 529 Education Funding Plans July 12th, at 1:00pm. Christopher, Morgan, and Scott discuss the ins and outs of 529 education funding plans. An educated parent will be better equipped to give their children opportunities for their future. Help get your child’s future off to a great start by tuning in […]

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20 Jun 2014

One Illness Away From Disaster

Article written by
WorthPointe Wealth Management

posted on 20th June 2014 in Employment Issues for Advisors

By Allison Reed It can be exciting to run a solo financial planning practice, but there are some significant downsides to going it alone. What would happen to your practice if you passed away or became disabled? How would your family be affected? And what about your clients? I don’t want to be overly dramatic, […]

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18 Jun 2014

Retirement Plans for Business Owners- Radio Show

Article written by
WorthPointe Wealth Management

posted on 18th June 2014 in Radio Shows & WorthPointe News

Retirement Plans for Business Owners June 18th, at 1:00pm. Morgan and Scott talk about retirement plans for business owners. Think it’s just “plug and play”? Think again. Business owners can be held personally liable for problems with their plans. Gain insight into how to best select, compare, and manage your company retirement plan.

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15 Jun 2014

I’m Lonely! Lessons from a Former Solo Practitioner

Article written by
WorthPointe Wealth Management

posted on 15th June 2014 in Employment Issues for Advisors

Surely you’re familiar with the saying, “the grass is always greener on the other side.” When I started my career as a financial planner at a large firm, I quickly became disenchanted with all the bureaucracy; what seemed “greener” to me was setting up my own shop—so I didn’t have to deal with a boss, […]

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11 Jun 2014

Eric’s Story: Can You Relate?

Article written by
WorthPointe Wealth Management

posted on 11th June 2014 in Employment Issues for Advisors

Operating as a sole proprietor works well in many industries, but it may not be ideal for financial planners. Lacking the support of a team, most advisors who are solopreneurs hit the wall at some point and must decide between two options if they wish to get to the next level: building up their own […]

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09 Jun 2014

Do You Really Have Equity in Your Business?

Article written by
WorthPointe Wealth Management

posted on 9th June 2014 in Employment Issues for Advisors

Anyone who owns a home is familiar with the benefits of amassing as much equity as possible; you want to have a large gap between what you owe and what your home is worth when it’s time to sell—so you can pocket the proceeds. The same concept is applicable when it comes to your business. […]

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23 May 2014

For the Solo Entrepreneur, a SEP-IRA, or a Solo 401 (k)

Article written by
WorthPointe Wealth Management

posted on 23rd May 2014 in WorthPointe News

By Charles L. Stanley CFP® ChFC® AIF® For the successful solo business person with no employees, but maybe a spouse, choosing the best option for retirement savings is important.  You want to be able to set aside the greatest amount with the options that are important to you.  People in this category are often consultants […]

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25 Apr 2014

Where Do You Call Home and How Does it Affect Your Estate Tax?

Article written by
WorthPointe Wealth Management

posted on 25th April 2014 in WorthPointe News

About 15 states and the District of Columbia impose an inheritance or estate tax. The tax rates range from a few percent to 19 percent in Washington State. As the typical state exemption rate is much lower than the current federal exemption (it’s only $1 million in New York and Maryland), the middle class is […]

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