Vestwell’s Post

✨ Many of my clients are extremely busy with their jobs and personal life, that often their #personalfinances are neglected 🚫 💭 This, along with the ever changing #regulatory, #legislation and #tax environment - which are incredibly difficult to understand and keep up-to-date with - mean that opportunities are often missed 😥 ⏰ If you find yourself in a similar situation, or would like to free up more of your time, do please reach out to me or my team - we would be delighted to have an initial conversation to see how we can help 🆘 👷♂️ I would often begin with a #review of your investments and current circumstances; check that the risk you are taking aligns with how you naturally feel toward risk-taking and your objectives 🎯 ; plus make some suggestions on what could be improved: - Can we reduce your charges ⁉ - Can we reduce risk/volatility ⁉ - Uncover tax efficiencies you might be missing ⁉ As always, please send a message if you would like to discuss further! #Save #Plan #Invest #PortfolioReview

🆕 Now that we are in the new tax year, it is arguably the best time to consider the tax efficient wrappers that are available to you...the sooner you utilise these, the longer they have to grow, free from tax 💸 🔓 Unlocking the Power of Your Investments: Compounding & Tax-Efficient Investing Imagine growing your wealth not just by the return on your investments, but on the returns of those returns. That's the magic of compounding, often called the "eighth wonder of the world" by Albert Einstein 👴 😒 But taxes can significantly diminish this powerful force. Let's explore how tax-efficient investing can supercharge your compounding returns and help you achieve your financial goals faster 💭 #Compounding: Making Your Money Work for You Compounding means your earnings generate additional earnings. Reinvesting your #returns allows them to grow alongside your initial #investment. 📈 🎥 I have included one of our #KillikExplains videos, where Tim Bennett goes into more detail on this topic! 📹 #TaxEfficiency: Keeping More of Your Money Growing Taxes can be a drag on compounding - when you sell investments for a #profit or receive #income, you may owe taxes. 🌟 Tax-efficient investing involves strategies that minimize the impact of taxes on your returns 🤩 Here are some tax-efficient investment options to consider: #Retirement accounts: #Pensions allow contributions which not only receive tax-relief, but also grow tax-free until drawing from this pot in the future. #ISAs: These accounts allow an investor to contribute up to £20,000 per year, and all investments within are free of #CapitalGains and #Income tax. Unlike pensions, you are not taxed when you withdraw in the future! Tax-efficient #AssetAllocation: It is important that you make use of the various annual #allowances, and that specific assets are held in specific accounts, to ensure that your overall portfolio is as tax-efficient as can be. By using tax-efficient investment vehicles, you allow your money to compound without the tax burden. This can significantly boost your long-term returns. ⁉ Remember: Compounding thrives on a #LongTerm investment horizon...the longer your money stays invested, the greater the compounding effect. As always, pop any questions in the comments section and I will provide more information! #Save #Plan #Invest https://rb.gy/r307m8

As Benjamin Franklin famously said, “in this world, nothing is certain except death and taxes.” Taxes are no one’s favorite topic but their importance cannot be overstated. Tax policy affects every aspect of our financial lives including how much of our paychecks, investment gains, and dividends we keep, in addition to directing our choices of retirement vehicles, estate planning considerations, and much more. This is why tax planning with the help of a trusted financial advisor is important to best achieve our financial goals. Read this full post and previous posts at https://lnkd.in/gFcWpX6E

The WSJ predicts that 62% of U.S. households will experience an increase in taxes if Joe Biden is re-elected. This is due to the Tax Cuts and Jobs Act that Donald Trump introduced in 2017. It is set to sunset in 2025, and Joe Biden has made it clear that he will not renew the act if he is re-elected. Now I hate politics, and I never bring up politics in client discussions, but this could have a major impact on your future financial/retirement plan. If your current financial professional is not discussing this with you, you might want to get a second set of eyes on your situation: https://lnkd.in/exEqA7yU #retirement #taxes

This is something I hear often. He did a great job of saving but wishes he would have done it more strategically. Asset location is important, save/invest in: ✅Tax deferred (TSP, 401k) ✅Tax free (Roth TSP/401k and Roth IRA) ✅Taxable (brokerage account) Strategically saving gives u more flexibility in the future

Are you a lobbyist who had a banner year? In this short two-minute video, I share two techniques to take the sting out of the associated taxes.   Message me if you’d like to discuss how to lower yours.   Reduce Taxes • Retire Early • Pursue Your Passions   Follow me on LinkedIn: https://lnkd.in/ePNFy-SV   #lobbyist #taxes #bonus #sting Spire Wealth Management, LLC is a Federally Registered Investment Advisory Firm. Securities offered through an affiliated company, Spire Securities, LLC., a Registered Broker/Dealer and member FINRA/SIPC.   This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific situation with a licensed tax professional.

Equity compensation in the aerospace industry can create complicated tax situations. In this video, Jonathan Harner of Wichita Wealth explains how financial planning can help you find investment strategies to reduce your taxes. ⬇️ Watch to learn more.

Navigating the complex world of taxes can feel like a daunting journey through a labyrinth, where it's all too easy to lose more than just your way. But here at Golden Eagle Team, we've honed our skills to become the tax ninjas you never knew you needed! 🦅💼 Through innovative strategies and advanced techniques, we ensure your wealth not only survives but thrives in this taxing maze. Gone are the days when financial freedom was left to chance. With us, transforming your earnings into a lasting fortune is not just possible—it's a guarantee. We're on a mission to empower you to join the ranks of the financially savvy. After all, stumbling upon success shouldn't be a stroke of luck but a masterfully crafted victory. Are you ready to redefine your financial future with strategic precision and visionary insight? 💪💰 #TaxSavvy #GoldenEagleEmpowerment

As we approach the end of the Tax Year, it's crucial to start thinking about your tax planning for the forthcoming year-end. Whether you're a business owner or an individual, strategic tax planning can make a significant impact on your financial well-being. Contact us today for advice and to help you to navigate the complexities of the tax landscape and set the stage for a financially successful year ahead! Taxation rules can change at any time and are dependent on individual circumstances. #TaxPlanning #YearEndPrep #FinancialAdvice #FinancialEducation #VTWealth VT Wealth is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) The St. James's Place Partnership' and the titles `Partner' and `Partner Practice' are marketing terms used to describe St. James's Place representatives. SJP Approved 16/11/2023 / 02/02/2024 VT Wealth is a trading name of VT Wealth Management Ltd

Equity compensation in the aerospace industry can create complicated tax situations. In this video, Jonathan Harner of Wichita Wealth explains how financial planning can help you find investment strategies to reduce your taxes. ⬇️ Watch to learn more.