Welcome to Citizens Wealth Management Group
Beneficiary Designation Review
Though often overlooked, beneficiary designations are a vital part of estate planning, as they trump marital laws, wills and court orders. In other words, proper designations will keep your assets from being destributed to an unintended heir. Proper designations may also allow your beneficiaries to extend an account's tax-deferred growth and in many cases, reduce the taxes that are owed.
Lets work together to help you keep control of your assets. Please contact us today with any questions or to set up an appointment. We will be glad to review your current beneficiary designations (if you have any) and statements from each of your bank accounts and retirement plan accounts including employer sponsored plans and individual retirement accounts.
9 Facts About Social Security
There are things about Social Security that might surprise you.
A Brief History of Estate Taxes
Federal estate taxes have long since been a lucrative source of funding for the federal government.
The Cost of Procrastination
Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time.
Experiencing negative returns early in retirement can potentially undermine the sustainability of your assets.
Sound estate management includes creating financial and healthcare documents. Here's an inside look.
This worksheet can help you estimate the costs of a four-year college program.
A few strategies that may help you prepare for the cost of higher education.
Tax preparation may be the perfect time to give the household budget a check-up.
By understanding a few key concepts during a divorce, you may be able to avoid common pitfalls.
Estimate how much income may be needed at retirement to maintain your standard of living.
Estimate how many years you may need retirement assets or how long to provide income to a surviving spouse or children.
This calculator will help determine whether you should invest funds or pay down debt.
Determine your potential long-term care needs and how long your current assets might last.
Estimate the potential capital gains taxes due on your transactions.
Use this calculator to assess the potential benefits of a home mortgage deduction.
Principles that can help create a portfolio designed to pursue investment goals.
How federal estate taxes work, plus estate management documents and tactics.
There are a number of ways to withdraw money from a qualified retirement plan.
There are some smart strategies that may help you pursue your investment objectives
There are some key concepts to understand when investing for retirement
Using smart management to get more of what you want and free up assets to invest.
The decision whether to buy or rent a home may have long-term implications.
Though we don’t like to think about it, all of us will make an exit sometime, and those we love may suffer if we are not prepared.
Why are 401(k) plans, annuities, and IRAs so popular?
Despite recent tax-law changes, a stunning 4.6 million Americans are expected to pay the AMT in 2018.
Can successful investors predict changes in the markets? Some can but others miss the market’s signals.
Women are great at multi-tasking. But many drop the ball when preparing for retirement.