Croak Capital’s Post

When you're our client, you can rest assured that your financial future is in good hands. Our priority continues to be your financial freedom, security, and dreams.

From our family and team to yours, we hope everyone has a warm and happy holiday season!

Did you know you can easily access your important client information by using the Croak Capital mobile app? If you're one of our clients and haven't already, download it in the App Store or Google Play today!

💡As the year comes to a close, you should consider reevaluating your finances and taking steps to optimize your financial plan. For those with equity compensation packages, this can become a burden due to the various outcomes and their implications on your tax picture. The complexities of stock plans can be tricky... Check out tips on how to best handle your equity compensation plan in our latest blog post: https://lnkd.in/dDzufaKi

In our space, we get a lot of common FAQs like: What is a fiduciary? How is that different than other investment or retirement planners? ➡️ Fiduciaries are legal entities that are ethically and legally responsible to act in the best interest of the party they represent, in this case the investor. Fiduciaries who do not satisfy this legal obligation can be both criminally and civilly liable for their actions. The vast majority of financial planners and stock brokers are not fiduciaries. ➡️ In order to be certified as a fiduciary, there are additional applications and legal requirements that must be satisfied for financial planners. What it does mean is that we are obligated to show you every charge, fee, and movement of your money, with 100% transparency, and to back up our actions with justification. #FAQs #fiduciary #financialplanner #legal

Happy 2nd work anniversary, Jeremy Hartle! We're constantly inspired by your dedication to our mission and work.

James Burnor (Jim) brings multi-faceted experience in the financial world to the Croak Capital team. At Croak Capital, Jim serves as the Retirement Plan Specialist. His focus on the 401(k) and business owner space has given owners and executives all over Ohio the opportunity to save for their future while providing significant benefits to their employees. Jim’s commitment to serving his clients extends beyond the office doors and into the community, where he proudly serves as a board member for the Avenues for Autism, serves on the disability committee for Toledo Rotary, and is actively involved with numerous local charities and committees.

Whether it's related to wealth, tax, or risk—we're here to guide you on a journey to not only grow your wealth, but to enhance your life and happiness. #wealth #tax #risk

❗ Required Minimum Distributions must be taken by the end of the year. See our team's insights on the best way to make your RMD count below! 1) Qualified Charitable Distributions: You can receive a tax write-off by donating your RMD directly to charity. This can lower taxable income and fulfill philanthropic goals in one transaction. 2) Asset Location Strategies: Prioritize withdrawing from tax-inefficient investments to enhance after-tax returns. 3) Estate Planning Techniques: You might want to consider converting RMD funds into life insurance to provide a tax-free inheritance and optimize your estate value.

We're always grateful for our clients. Our mission continues to be providing a boutique client experience, paired with a hands-on team approach that leaves no aspect of your financial life unattended.