Well wishes to our Jewish clients this Yom Kippur, from Ballast Advisors.
Repeat content - In honor of an unprecedented year for back to school amid Covid-19, here are some financial planning resources for the amazing teachers.
BALLASTADVISORS.COM
Financial Planning for Teachers – Ballast Advisors
Do you know your IRA and Retirement Plan Limits for 2020?
BALLASTADVISORS.COM
IRA and Retirement Plan Limits for 2020 – Ballast Advisors
🍁🍂🌻 It’s almost the end of September. What are some of your favorite moments this month? Share below.
It’s officially Autumn! Here is a list of some fall families activities around Punta Gorda https://southwestflorida.momexplores.com/directory/categories/fall-festivals
It’s officially the first day of Autumn! Here is a list of some fall family activities around the Twin Cities.
FAMILYFUNTWINCITIES.COM
Minnesota is Full of Unique Fall Festivals You Won't Find Elsewhere.
Did you know that we offer complimentary consultations? At Ballast Advisors we tailor a comprehensive financial plan that'll help you sail in the right direction. Call us today to schedule an appointment in Woodbury. Call 651-478-4644 or request an appointment online https://www.ballastadvisors.com/contact-us/
Still wondering what it means to be a fiduciary? We’ve updated our website with some additional resources including 4 questions you should consider asking your advisor.
BALLASTADVISORS.COM
Fiduciary Responsibility – Ballast Advisors
Do you know your IRA and Retirement Plan Limits for 2020?
BALLASTADVISORS.COM
IRA and Retirement Plan Limits for 2020 – Ballast Advisors
On August 8, 2020, the president issued an executive order to allow the deferral of certain payroll taxes during the last four months of 2020, and the IRS recently provided related guidance. This has implications for both employers and employees. Here's a brief summary of the issues. More on the Blog
BALLASTADVISORS.COM
Temporary Payroll Tax Deferral: What You Need to Know – Ballast Advisors
In honor of an unprecedented year for back to school amid Covid-19, here are some financial planning resources for the amazing teachers.
BALLASTADVISORS.COM
Financial Planning for Teachers – Ballast Advisors
#MotivationMonday
Did you Know??? The recent executive order and related IRS guidance expand the payroll tax deferral opportunity — generally allowing employers to defer withholding and payment of the employee's 6.2% share of the Social Security tax for payroll dates that fall on or between September 1, 2020, and December 31, 2020.
BALLASTADVISORS.COM
Temporary Payroll Tax Deferral: What You Need to Know – Ballast Advisors
The Rule of 72: How Long will it take to double your money?
BROADRIDGEADVISOR.COM
The Rule of 72: How Long Will It Take to Double Your Money?
The Rule of 72: How Long will it take to double your money?
BROADRIDGEADVISOR.COM
The Rule of 72: How Long Will It Take to Double Your Money?
Did you Know??? The recent executive order and related IRS guidance expand the payroll tax deferral opportunity — generally allowing employers to defer withholding and payment of the employee's 6.2% share of the Social Security tax for payroll dates that fall on or between September 1, 2020, and December 31, 2020.
BALLASTADVISORS.COM
Temporary Payroll Tax Deferral: What You Need to Know – Ballast Advisors
#MotivationMonday - "Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful."
Albert Schweitzer
While there's no map for moving through life, a holistic financial plan delivered by a trusted financial professional can help you confidently prepare for all the what ifs. How's your plan?
ABM.EMAPLAN.COM
A Plan for Life
On August 8, 2020, the president issued an executive order to allow the deferral of certain payroll taxes during the last four months of 2020, and the IRS recently provided related guidance. This has implications for both employers and employees. Here's a brief summary of the issues. More on the Blog
BALLASTADVISORS.COM
Temporary Payroll Tax Deferral: What You Need to Know – Ballast Advisors
Do you know your IRA and Retirement Plan Limits for 2020?
BALLASTADVISORS.COM
IRA and Retirement Plan Limits for 2020 – Ballast Advisors
Still wondering what it means to be a fiduciary? We’ve updated our website with some additional resources including 4 questions you should consider asking your advisor.
BALLASTADVISORS.COM
Fiduciary Responsibility – Ballast Advisors
Did you know that we offer complimentary consultations? At Ballast Advisors we tailor a comprehensive financial plan that'll help you sail in the right direction. Call us today to schedule an appointment in Woodbury. Call 651-478-4644 or request an appointment online https://www.ballastadvisors.com/contact-us/
📈🗳️ ❓How Do Presidential Elections Impact The Stock Market?
If there was one word for 2020, it very well might be “uncertainty” — rarely a positive noun in the investment world. Global pandemic aside, a presidential election is traditionally a time for some uncertainty among investors to the degree they believe a president’s party or policies can shift the market. While every investor is different, Steve Schmidt and the professionals at Ballast Advisors have taken the time to answer three common questions heard from investors during this election
BALLASTADVISORS.COM
How Do Presidential Elections Impact The Stock Market? – Ballast Advisors
📌 Open enrollment for employee benefits kicks off on November 1st. Before you plan your Thanksgiving menu, you should make the time to review your benefit choices.
BALLASTADVISORS.COM
Open Enrollment Season is Around the Corner – Ballast Advisors
📌 Open enrollment for employee benefits kicks off on November 1st. Before you plan your Thanksgiving menu, you should make the time to review your benefit choices.
BALLASTADVISORS.COM
Open Enrollment Season is Around the Corner – Ballast Advisors
Happy Veterans Day. Thank you to all the men and women who have served and thank you to their families.
Ballast Advisors is proud to support the Woodbury Community Foundation's virtual Fest event. Anyone can login and help bid on the auction to support helping families in Woodbury.
Woodbury Community Foundation
November 8 at 11:39 AM ·
How to bid!
• Go to our event website
https://one.bidpal.net/wcffest2020/
• Click Sign-in at the top of the page right hand side or the person icon.
• Create an account if you don’t have one, and register your credit card.
• Under Menu, you will see Browse Items – you can search by category.
• To learn more about an item, click on it and you have options – Buy Now, Watch or Bid. You can set a maximum bid for any item as well, and the auction will bid automatically for you.
• You should get text alerts on your phone when you have been outbid.
• If any time you want to see your auction activity, click on the person icon.
• The auction closes on Monday! We will make arrangements to get you’re your winning items.
📈🗳️ ❓How Do Presidential Elections Impact The Stock Market?
If there was one word for 2020, it very well might be “uncertainty” — rarely a positive noun in the investment world. Global pandemic aside, a presidential election is traditionally a time for some uncertainty among investors to the degree they believe a president’s party or policies can shift the market. While every investor is different, Steve Schmidt and the professionals at Ballast Advisors have taken the time to answer three common questions heard from investors during this election
BALLASTADVISORS.COM
How Do Presidential Elections Impact The Stock Market? – Ballast Advisors
Have you maxed your IRA? The maximum amount you can contribute to a traditional IRA or a Roth IRA in 2021 is $6,000 (or 100% of your earned income, if less), unchanged from 2020. The maximum catch-up contribution for those age 50 or older remains $1,000. You can contribute to both a traditional IRA and a Roth IRA in 2021, but your total contributions cannot exceed these annual limits. Read more on the Blog.
BALLASTADVISORS.COM
IRA and Retirement Plan Limits for 2021 – Ballast Advisors
IRA and Retirement Plan Limits for 2021 - While some of the limits remain unchanged for 2021, other key numbers have increased. Read more on the Blog. https://www.ballastadvisors.com/ira-and-retirement-plan-limits-for-2021/
Most of the significant employer retirement plan limits for 2021 remain unchanged from 2020. The maximum amount you can contribute (your "elective deferrals") to a 401(k) plan remains $19,500 in 2021. This limit also applies to 403(b) and 457(b) plans, as well as the Federal Thrift Plan. If you're age 50 or
older, you can also make catch-up contributions of up to $6,500 to these plans in 2021. [Special catch-up limits apply to certain participants in 403(b) and 457(b) plans.] The amount you can contribute to a SIMPLE IRA or SIMPLE 401(k) remains $13,500 in 2021, and the catch-up limit for those age 50 or older remains $3,000. Read more on the blog https://www.ballastadvisors.com/ira-and-retirement-plan-limits-for-2021/
While there's no map for moving through life, a holistic financial plan delivered by a trusted financial professional can help you confidently prepare for all the what ifs. How's your plan?
ABM.EMAPLAN.COM
A Plan for Life
Like so many around our country, The Ballast Advisors family of clients has been impacted by loss due to Covid-19. We are taking a moment today to honor the empty chairs at Thanksgiving this year. Our hearts go out to our client families who have lost a loved one this year. Peace be with you.
#MotivationMonday- “Not what we say about our blessings, but how we use them, is the true measure of our Thanksgiving." – W.T. Purkiser
Holiday Hours of Operation reminder. The office will be closed on Thanksgiving. We are open but close early, at 12pm, on Black Friday. 🦃
#MotivationMonday– “Go confidently in the direction of your dreams. Live the life you have imagined.”
– Henry David Thoreau
Happy Thanksgiving from all of us at Ballast Advisors!
What’s Cooking? Drop a picture in the comments
Meet our Team: Paul L. Parnell, APMA®, CRPC®
Managing Partner | Wealth Advisor
Paul is a Founding Partner of Ballast Advisors. He has over twenty-three years of experience in guiding clients and helping them prepare for a sound financial future. He specializes in financial planning, including wealth management solutions and risk reduction strategies for a select group of families, professionals, business owners, and retirees. Paul also oversees the general business and strategic direction of the firm. He serves on the firm’s Executive and Investment Policy Committees.
https://buff.ly/2PPgmfK
BALLASTADVISORS.COM
5 Things Every Woman Should Know About Social Security – Ballast Advisors
Still wondering what it means to be a fiduciary? We’ve updated our website with some additional resources including 4 questions you should consider asking your advisor.
BALLASTADVISORS.COM
Fiduciary Responsibility – Ballast Advisors
Meet our Team: Paul L. Parnell, APMA®, CRPC®
Managing Partner | Wealth Advisor
Paul is a Founding Partner of Ballast Advisors. He has over twenty-three years of experience in guiding clients and helping them prepare for a sound financial future. He specializes in financial planning, including wealth management solutions and risk reduction strategies for a select group of families, professionals, business owners, and retirees. Paul also oversees the general business and strategic direction of the firm. He serves on the firm’s Executive and Investment Policy Committees.
https://buff.ly/2PPgmfK
There are many things a woman should know about Social Security. Here are five of the most important Social Security messages every woman should know.
BALLASTADVISORS.COM
5 Things Every Woman Should Know About Social Security – Ballast Advisors
At Ballast Advisors, we suggest you keep your important documents in order in case of an emergency. We've created a complimentary document you can download that will help you stay organized. Keep this list at home along with your other important documents, and make sure a trusted family member knows where it is.
BALLASTADVISORS.COM
Download – Document Tool – Ballast Advisors
There are many things a woman should know about Social Security. Here are five of the most important Social Security messages every woman should know.
BALLASTADVISORS.COM
5 Things Every Woman Should Know About Social Security – Ballast Advisors
As you plan your year-end giving, it is important to keep accurate records in the event that you have to substantiate your gifts. Read more tips for documenting your charitable gifts.
BALLASTADVISORS.COM
Tips for Documenting Your Charitable Gifts – Ballast Advisors
"For 2020 charitable gifts, the normal rules have been enhanced: The limit is increased to 100% of AGI for direct cash gifts to public charities. And even if you don't itemize deductions, you can receive a $300 charitable deduction for direct cash gifts to public charities (in addition to the standard deduction)." Read more https://www.ballastadvisors.com/year-end-charitable-giving/
With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The tax benefits associated with charitable giving could potentially enhance your ability to give and should be considered as part of your year-end tax planning. Read more.
BALLASTADVISORS.COM
Year-End Charitable Giving – Ballast Advisors
In uncertain times of illness and layoffs, having the money you need to pay the medical bills or see you through the weeks or even months of being out of work will help to keep you out of debt. Here’s an article from FINRA on tips for starting an emergency fund. Learn more at FINRA
#FinancialTipTuesday
FINRA.ORG
Start an Emergency Fund | FINRA.org
At Ballast Advisors, we suggest you keep your important documents in order in case of an emergency. We've created a complimentary document you can download that will help you stay organized. Keep this list at home along with your other important documents, and make sure a trusted family member knows where it is.
BALLASTADVISORS.COM
Download – Document Tool – Ballast Advisors
As you gather your charitable giving records from 2020, as a general rule, keep tax records, including all tax forms, investment statements, bank statements, proof of deductions, or any receipts associated with a particular return, for at least six years. More Tips. https://www.ballastadvisors.com/tips-for-documenting-your-charitable-gifts/
In uncertain times of illness and layoffs, having the money you need to pay the medical bills or see you through the weeks or even months of being out of work will help to keep you out of debt. Here’s an article from FINRA on tips for starting an emergency fund. Learn more at FINRA
#FinancialTipTuesday
FINRA.ORG
Start an Emergency Fund | FINRA.org
#MotivationMonday "Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved." - Helen Keller
Merry Christmas from Ballast Advisors! 🎄
Just a reminder of our Holiday Hours of Operation: The office will be closed on Christmas, and New Years day. We are open but close early, at 12pm, on Christmas Eve.
With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The tax benefits associated with charitable giving could potentially enhance your ability to give and should be considered as part of your year-end tax planning. Read more.
BALLASTADVISORS.COM
Year-End Charitable Giving – Ballast Advisors
As you plan your year-end giving, it is important to keep accurate records in the event that you have to substantiate your gifts. Read more tips for documenting your charitable gifts.
BALLASTADVISORS.COM
Tips for Documenting Your Charitable Gifts – Ballast Advisors
Just a reminder of our Holiday Hours of Operation: The office will be closed on New Years day.
Merry Christmas from Ballast Advisors! 🎄
Just a reminder of our Holiday Hours of Operation: The office will be closed on Christmas, and New Years day. We are open but close early, at 12pm, on Christmas Eve.
With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The tax benefits associated with charitable giving could potentially enhance your ability to give and should be considered as part of your year-end tax planning. Read more.
BALLASTADVISORS.COM
Year-End Charitable Giving – Ballast Advisors
As you plan your year-end giving, it is important to keep accurate records in the event that you have to substantiate your gifts. Read more tips for documenting your charitable gifts.
BALLASTADVISORS.COM
Tips for Documenting Your Charitable Gifts – Ballast Advisors
While there's no map for moving through life, a holistic financial plan delivered by a trusted financial professional can help you confidently prepare for all the what ifs. How's your plan?
ABM.EMAPLAN.COM
A Plan for Life
#MondayMotivation - Write it on your heart that every day is the best day in the year.
-Ralph Waldo Emerson
Just a reminder of our Holiday Hours of Operation: The office will be closed on New Years day.
Merry Christmas from Ballast Advisors! 🎄
Just a reminder of our Holiday Hours of Operation: The office will be closed on Christmas, and New Years day. We are open but close early, at 12pm, on Christmas Eve.
#MondayMotivation
“I hope that in this year to come, you make mistakes. Because if you are making mistakes, then you are making new things, trying new things, learning, living, pushing yourself, changing yourself, changing your world. You're doing things you've never done before, and more importantly, you're doing something.” -Neil Gaiman
The Rule of 72: How Long will it take to double your money?
BROADRIDGEADVISOR.COM
The Rule of 72: How Long Will It Take to Double Your Money?
Did you know that we offer complimentary consultations? At Ballast Advisors we tailor a comprehensive financial plan that'll help you sail in the right direction. Call us today to schedule an appointment in Woodbury. Call 651-478-4644 or request an appointment online https://www.ballastadvisors.com/contact-us/
While there's no map for moving through life, a holistic financial plan delivered by a trusted financial professional can help you confidently prepare for all the what ifs. How's your plan?
ABM.EMAPLAN.COM
A Plan for Life
#MondayMotivation - Write it on your heart that every day is the best day in the year.
-Ralph Waldo Emerson
🍽️ 🍔 🍱 🥗If you brown bag your lunch vs. eating out, you can save an average of $100 a month. If you invested that money into retirement you could have as much as $103,000 when you retire. (assuming 25 years to retirement, 2.5% inflation rate, and an average of 7% rate of return). What’s your favorite “home lunch”? Drop in the comments below.
Need some discipline? Here are 10 money saving tips you should consider implementing in 2021 to help achieve your personal financial planning goals.
BALLASTADVISORS.COM
10 Tips To Help You Save More in 2021 – Ballast Advisors
A gentle reminder…it’s never too early to start saving for your retirement – but it can be too late. Find out why you need to start saving for your retirement now.https://www.ballastadvisors.com/retirement-education/
What you need to know about the Consolidated Appropriations Act (CAA) 2021 -- provisions assist both individuals and businesses during the ongoing pandemic. Read More.
BALLASTADVISORS.COM
Consolidated Appropriations Act Provides Relief to Individuals and Businesses – Ballast Advisors
ICYMI, Enhancements to the normal charitable gifts deduction rules in 2020 have been extended through 2021.
• For those who itemize deductions, the limit on the charitable gifts deduction has been increased to 100% of AGI for direct cash gifts to public charities.
• For nonitemizers, a $300 (increased to $600 in 2021 for joint returns) charitable deduction for direct cash gifts to public charities is available (in addition to the standard deduction).
Read more about Consolidated Appropriations Act (CAA) 2021
BALLASTADVISORS.COM
Consolidated Appropriations Act Provides Relief to Individuals and Businesses – Ballast Advisors
Can you answer these questions: What is my risk tolerance? What is the long-term impact of increased investment return? What is the dividend yield on a stock? How do expenses impact mutual fund returns? Should I invest my extra cash or use it to pay off debt? If you need help, check out our free resource page for executives looking at their benefits. https://www.ballastadvisors.com/executive-benefits/
We want you to feel informed and confident. Our website offers free retirement calculators, financial planning worksheets, budget planners and more to help guide you on your financial journey.
https://www.ballastadvisors.com/freefinancialtools/
A general directive we advise our clients is to try and save 15-20% of your pre-tax income…easier said than done sometimes, we know. Especially after the year we had. With that in mind, we also know that our clients who are intentional and diligent about their financial goals have more success.
Read more on our blog “10 Tips to Save More in 2021.”
BALLASTADVISORS.COM
10 Tips To Help You Save More in 2021 – Ballast Advisors
1 in 4 Millennials are “not sure” how their retirement savings are invested. How do you stack up?
BALLASTADVISORS.COM
Financial Planning for Millenials – Ballast Advisors
Don’t forget to check your credit reports once a year for free at http://annualcreditreport.com
ANNUALCREDITREPORT.COM
Annual Credit Report.com - Home Page
#Motivation Monday. Happy Dr. Martin Luther King Jr Day. MLK Day was designed as a day of service, not a day off. What’s your favorite way to give back to your community?
Be Informed! As you evaluate your financial plan for 2021, download our complimentary “Key Numbers” PDF so you’re in the know on important tax dates, rates and investing information.
BALLASTADVISORS.COM
2021 Key Numbers – Ballast Advisors
Here’s an additional article we like on tips for your personal finance goals in 2021.
Do you have a great resource to share? Post it below.
https://www.schwab.com/resource-center/insights/content/new-years-financial-resolutions-get-your-finances-in-shape
#MotivationMonday - "Your talent determines what you can do. Your motivation determines how much you’re willing to do. Your attitude determines how well you do it." — Lou Holtz
Can you answer these questions: What is my risk tolerance? What is the long-term impact of increased investment return? What is the dividend yield on a stock? How do expenses impact mutual fund returns? Should I invest my extra cash or use it to pay off debt? If you need help, check out our free resource page for executives looking at their benefits. https://www.ballastadvisors.com/executive-benefits/
We want you to feel informed and confident. Our website offers free retirement calculators, financial planning worksheets, budget planners and more to help guide you on your financial journey.
https://www.ballastadvisors.com/freefinancialtools/
A general directive we advise our clients is to try and save 15-20% of your pre-tax income…easier said than done sometimes, we know. Especially after the year we had. With that in mind, we also know that our clients who are intentional and diligent about their financial goals have more success.
Read more on our blog “10 Tips to Save More in 2021.”
BALLASTADVISORS.COM
10 Tips To Help You Save More in 2021 – Ballast Advisors
1 in 4 Millennials are “not sure” how their retirement savings are invested. How do you stack up?
BALLASTADVISORS.COM
Financial Planning for Millenials – Ballast Advisors
Be Informed! As you evaluate your financial plan for 2021, download our complimentary “Key Numbers” PDF so you’re in the know on important tax dates, rates and investing information.
BALLASTADVISORS.COM
2021 Key Tax Numbers
Be Informed! As you evaluate your financial plan for 2021, download our complimentary “Key Numbers” PDF so you’re in the know on important tax dates, rates and investing information.
BALLASTADVISORS.COM
2021 Key Numbers – Ballast Advisors
Here’s an additional article we like on tips for your personal finance goals in 2021.
Do you have a great resource to share? Post it below.
https://www.schwab.com/resource-center/insights/content/new-years-financial-resolutions-get-your-finances-in-shape
#MotivationMonday - "Your talent determines what you can do. Your motivation determines how much you’re willing to do. Your attitude determines how well you do it." — Lou Holtz
Can you answer these questions: What is my risk tolerance? What is the long-term impact of increased investment return? What is the dividend yield on a stock? How do expenses impact mutual fund returns? Should I invest my extra cash or use it to pay off debt? If you need help, check out our free resource page for executives looking at their benefits. https://www.ballastadvisors.com/executive-benefits/
There has been a lot of Wall Street drama, akin to a real David vs. Goliath saga that centered around GameStop with large hedge funds on one side and small, activist-type investors on the other side. Read more on our blog.
BALLASTADVISORS.COM
GameStop and a Modern-Day David vs. Goliath – Ballast Advisors
#MotivationMonday
Did you know that we offer complimentary consultations? At Ballast Advisors we tailor a comprehensive financial plan that'll help you sail in the right direction. Call us today to schedule an appointment in Woodbury. Call 651-478-4644 or request an appointment online https://www.ballastadvisors.com/contact-us/
1 in 4 Millennials are “not sure” how their retirement savings are invested. How do you stack up?
BALLASTADVISORS.COM
Financial Planning for Millenials – Ballast Advisors
Be Informed! As you evaluate your financial plan for 2021, download our complimentary “Key Numbers” PDF so you’re in the know on important tax dates, rates and investing information.
BALLASTADVISORS.COM
2021 Key Tax Numbers
Be Informed! As you evaluate your financial plan for 2021, download our complimentary “Key Numbers” PDF so you’re in the know on important tax dates, rates and investing information.
BALLASTADVISORS.COM
2021 Key Numbers – Ballast Advisors
NEW BLOG! When markets near high records, you wonder, “Is this a bubble?” When markets dive, you wonder, “Is this a crash?” Your biggest question: How do you keep your head on the recent Wall Street rollercoaster? An Investment Policy Statement is your guardrail to keep you on your path. Read More.
BALLASTADVISORS.COM
Now is a Fantastic Time to Review Your IPS – Ballast Advisors
#MotivationMonday
There has been a lot of Wall Street drama, akin to a real David vs. Goliath saga that centered around GameStop with large hedge funds on one side and small, activist-type investors on the other side. Read more on our blog.
BALLASTADVISORS.COM
GameStop and a Modern-Day David vs. Goliath – Ballast Advisors
#MotivationMonday
Did you know that we offer complimentary consultations? At Ballast Advisors we tailor a comprehensive financial plan that'll help you sail in the right direction. Call us today to schedule an appointment in Woodbury. Call 651-478-4644 or request an appointment online https://www.ballastadvisors.com/contact-us/
1 in 4 Millennials are “not sure” how their retirement savings are invested. How do you stack up?
BALLASTADVISORS.COM
Financial Planning for Millenials – Ballast Advisors
The Internal Revenue Service announced that a new form is available for eligible self-employed individuals to claim sick and family leave tax credits under the Families First Coronavirus Response Act (FFCRA).
Don’t forget Ballast Advisors has an affiliated tax practice Ballast Tax & Business Services for help with all your tax planning needs.
IRS.GOV
New IRS form available for self-employed individuals to claim COVID-19 sick and family leave tax credits under FFCRA | Internal Revenue Service
Eligible educators can deduct unreimbursed expenses for COVID-19 protective items to stop the spread of COVID-19 in the classroom. #Taxtips
IRS.GOV
Educators can now deduct out-of-pocket expenses for COVID-19 protective items | Internal Revenue Service
Still wondering what it means to be a fiduciary? We’ve updated our website with some additional resources including 4 questions you should consider asking your advisor.
It’s that time of year, tax time. Ballast Advisors also has an affiliated tax & accounting practice – Ballast Tax & Business Services. Consider a complimentary consultation with one of our accountants.
BALLASTTAXSERVICES.COM
Ballast Tax Services
NEW BLOG! When markets near high records, you wonder, “Is this a bubble?” When markets dive, you wonder, “Is this a crash?” Your biggest question: How do you keep your head on the recent Wall Street rollercoaster? An Investment Policy Statement is your guardrail to keep you on your path. Read More.
BALLASTADVISORS.COM
Now is a Fantastic Time to Review Your IPS – Ballast Advisors
#MotivationMonday
Be Informed! As you evaluate your financial plan for 2021, download our complimentary “Key Numbers” PDF so you’re in the know on important tax dates, rates and investing information.
BALLASTADVISORS.COM
2021 Key Tax Numbers
1 in 4 Millennials are “not sure” how their retirement savings are invested. How do you stack up?
BALLASTADVISORS.COM
Financial Planning for Millenials – Ballast Advisors
It’s that time of year, tax time. Ballast Advisors also has an affiliated tax & accounting practice – Ballast Tax & Business Services. Consider a complimentary consultation with one of our accountants.
BALLASTTAXSERVICES.COM
Ballast Tax Services
The Internal Revenue Service announced that a new form is available for eligible self-employed individuals to claim sick and family leave tax credits under the Families First Coronavirus Response Act (FFCRA).
Don’t forget Ballast Advisors has an affiliated tax practice Ballast Tax & Business Services for help with all your tax planning needs.
IRS.GOV
New IRS form available for self-employed individuals to claim COVID-19 sick and family leave tax credits under FFCRA | Internal Revenue Service
Eligible educators can deduct unreimbursed expenses for COVID-19 protective items to stop the spread of COVID-19 in the classroom. #Taxtips
IRS.GOV
Educators can now deduct out-of-pocket expenses for COVID-19 protective items | Internal Revenue Service
Still wondering what it means to be a fiduciary? We’ve updated our website with some additional resources including 4 questions you should consider asking your advisor.
Today is Employee Appreciation Day!! We want to give a huge shout out to our teams in Minnesota and Florida who help both Ballast Advisors and Ballast Tax and Business Services run! 👏 Thank you for all you do!
We snuck up on a few folks for some candid shots of them hard at work...give them all a clap emoji or gif in the comments. #employeeappreciationday
After a nearly a year of a pandemic, which may have sidelined or stalled some of your financial goals, now is a good time to regain your focus. Take a look at the financial goals you set for yourself last year.
Ask yourself:
✅ Were you able to accomplish your goals despite any setbacks brought about by the pandemic?
✅Do you have any new goals you would like to achieve in 2021?
✅If your personal or financial circumstances changed, will you need to reprioritize your goals?
Tax season is in full swing. Here are several important Federal tax dates to keep in mind
⏰ First week of March. Tax refunds begin reaching those claiming the EITC and ACTC for those who file electronically with direct deposit and no issues on their tax returns.
⏰ April 15. Deadline for filing 2020 tax returns (or requesting an extension).
⏰ October 15. Deadline to file for those who requested an extension on their 2020 tax returns. #taxseason
Here’s a recent market analysis from Charles Schwab worth reading. “EleVation: Some V-Shaped Economic Data to Cheer”. https://www.schwab.com/resource-center/insights/content/elevation-some-v-shaped-economic-data-to-cheer
Be Informed! As you evaluate your financial plan for 2021, download our complimentary “Key Numbers” PDF so you’re in the know on important tax dates, rates and investing information.
BALLASTADVISORS.COM
2021 Key Tax Numbers
1 in 4 Millennials are “not sure” how their retirement savings are invested. How do you stack up?
BALLASTADVISORS.COM
Financial Planning for Millenials – Ballast Advisors
It’s that time of year, tax time. Ballast Advisors also has an affiliated tax & accounting practice – Ballast Tax & Business Services. Consider a complimentary consultation with one of our accountants. https://www.ballasttaxservices.com/
BALLASTTAXSERVICES.COM
Ballast Tax Services
Beware of new tax scam - The latest scam email says it is from "IRS Tax E-Filing" and carries the subject line "Verifying your EFIN before e-filing."
IRS.GOV
IRS, Summit partners issue urgent EFIN scam alert to tax professionals | Internal Revenue Service
In honor of International Women’s Day – Check out our resource page for women and financial planning.
BALLASTADVISORS.COM
Financial Planning for Women – Ballast Advisors
#MotivationMonday - According to a study from McKinsey & Company by 2030, American women are expected to control much of the $30 trillion in financial assets that baby boomers will possess—a potential wealth transfer of such magnitude that it approaches the annual GDP of the United States.
Here are 9 motivational quotes from female leaders on money, career and financial success. https://buff.ly/3sKfSIV
#internationalwomensmonth
Close to retirement? “When every dollar counts, your retirement spending plan needs to anticipate as much as possible. Toward that end, here are five common yet unexpected setbacks that can upend your retirement plan—and how to better prepare for them.” #retirement
SCHWAB.COM
5 Surprise Retirement Expenses
Today is Employee Appreciation Day!! We want to give a huge shout out to our teams in Minnesota and Florida who help both Ballast Advisors and Ballast Tax and Business Services run! 👏 Thank you for all you do!
We snuck up on a few folks for some candid shots of them hard at work...give them all a clap emoji or gif in the comments. #employeeappreciationday
Happy St. Patrick’s Day!
Be Informed! As you evaluate your financial plan for 2021, download our complimentary “Key Numbers” PDF so you’re in the know on important tax dates, rates and investing information. https://www.ballastadvisors.com/2021-key-numbers/
BALLASTADVISORS.COM
2021 Key Tax Numbers
#MotivationMonday #NCAA #MarchMadness
Don’t forget to set your clocks ahead, Daylight Saving Time Starts at 1:00am EST/2:00am CST on Sunday, March 14. Enjoy that extra hour of daylight after the end of the work day!
It’s that time of year, tax time. Ballast Advisors also has an affiliated tax & accounting practice – Ballast Tax & Business Services. Consider a complimentary consultation with one of our accountants. https://www.ballasttaxservices.com/
BALLASTTAXSERVICES.COM
Ballast Tax Services
Beware of new tax scam - The latest scam email says it is from "IRS Tax E-Filing" and carries the subject line "Verifying your EFIN before e-filing."
IRS.GOV
IRS, Summit partners issue urgent EFIN scam alert to tax professionals | Internal Revenue Service
#motivationmonday
“Getting back to the fitness analogy, exercise’s greatest benefits come from the stress we intentionally place on our muscles so that when a health problem arises, our bodies are in better condition to deal with the situation. Regarding investments, if you choose to go it alone, you need a methodical (and regularly visited) regimen for taking in and processing market data. You also need a strategy to accommodate unforeseen yet inevitable future events, such as market downturns.” More on the Blog https://www.ballastadvisors.com/plan-your-finances-as-you-would-your-exercise/
New Blog! “Plan Your Finances as You Would Your Exercise” -- You exercise to benefit from your sweat equity in the future, right?
BALLASTADVISORS.COM
Plan Your Finances as You Would Your Exercise – Ballast Advisors
Happy St. Patrick’s Day!
Be Informed! As you evaluate your financial plan for 2021, download our complimentary “Key Numbers” PDF so you’re in the know on important tax dates, rates and investing information. https://www.ballastadvisors.com/2021-key-numbers/
BALLASTADVISORS.COM
2021 Key Tax Numbers
#MotivationMonday #NCAA #MarchMadness
#motivationmonday
“Getting back to the fitness analogy, exercise’s greatest benefits come from the stress we intentionally place on our muscles so that when a health problem arises, our bodies are in better condition to deal with the situation. Regarding investments, if you choose to go it alone, you need a methodical (and regularly visited) regimen for taking in and processing market data. You also need a strategy to accommodate unforeseen yet inevitable future events, such as market downturns.” More on the Blog https://www.ballastadvisors.com/plan-your-finances-as-you-would-your-exercise/
New Blog! “Plan Your Finances as You Would Your Exercise” -- You exercise to benefit from your sweat equity in the future, right?
BALLASTADVISORS.COM
Plan Your Finances as You Would Your Exercise – Ballast Advisors
Happy St. Patrick’s Day!
Be Informed! As you evaluate your financial plan for 2021, download our complimentary “Key Numbers” PDF so you’re in the know on important tax dates, rates and investing information. https://www.ballastadvisors.com/2021-key-numbers/
BALLASTADVISORS.COM
2021 Key Tax Numbers
#MotivationMonday #NCAA #MarchMadness
