Video Category: We're Talking Money

Traditional investments can provide greater gifts to charity, but “cash flow for charity, and more” opens another possibility. In a recent episode of We Are Talking Money, we discussed the many “traditional” methods of giving. As investments grow and create wealth for the account owner, charitable planning can become a…

Thanksgiving and Christmas signal the end of another year and philanthropy can be found at every turn as people tend to be a little more generous during these special times. Phil Clark and Attorney Mitzi Kincaid share their expertise on how to give more by saving on your tax bill….

Get set for $3.5 Trillion Spending Plan Episode 2 as OmniStar digs deeper into President Joe Biden’s goal to pass the largest spending bill in history.  Not only is it complicated and costly, it is complicated and onerous.  If you want to read the official proposal, click here for H.R….

President Joe Biden is proposing a $3.5 Trillion spending plan that can only be described as enormous. If you want to read what is officially being proposed, click here to read H.R. 227 – Build America Act of 2021 . The effects are far reaching and likely touch nearly every…

Retirement Income Element

Planning for retirement sounds easy. Fund an IRA, participate in a workplace 401(k), save 10% of your income and the list goes on. Yet, American’s are behind when it comes to preparing for a successful retirement. Dustin Hocken and Phil Clark, Wealth Advisors, bring you the final 4 retirement planning…

Planning for retirement sounds easy. Fund an IRA, participate in a workplace 401(k), save 10% of your income and the list goes on. Yet, American’s are behind when it comes to preparing for a successful retirement. Dustin Hocken and Phil Clark, Wealth Advisors, are exposing some of the most common…

Required Minimum Distributions

Required Minimum  Distributions are straightforward and simple, right? Wrong. Why is this kind of planning so important? In a word, TAX. Distributions from qualified accounts are generally taxed as ordinary income. Conversely, ROTH IRAs and ROTH 401(k)s are not subject to RMD’s.  So, what does it take to create a…

Beneficiary designations are one of the keys to successful asset transfer. Yet, this simple step often leads to unintended consequences. OmniStar Financial Group advisors break it down and illuminate the most common mistakes.

Patience is rewarded, and just in time. We are sharing the 5 Tax Environments and how to make them work for you.

Are you considering or already been involved in the charitable activity? Learn how to integrate charitable giving as part of your financial, tax, and estate planning. Feel free to download the full slideshow.

The tax element can serve you in a multitude of ways. This video discusses the below: Saving tax money spent Growing assets in a tax-deferred/tax-advantaged account How best to pay yourself if you own your own business When to pay yourself and staff vs. paying uncle sam (profit sharing) Taking…