Our Thoughts

"Either write something worth reading or do something worth writing." -Benjamin Franklin


Tuning Out The Noise

Posted by on Monday, April 9th, 2018 in Investing, Market and Economic Updates, Wealth Management | 0 comments

At the Nalls Sherbakoff Group, we believe the right financial advisor plays a vital role in keeping investors focused on what really matters. More specifically, our goal is to help you understand what you can control while providing the expertise, perspective, and encouragement to keep you focused on your destination. Watch the video from our friends at Dimensional to find out more about how a financial advisor can help you tune out the noise of the investment...

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Four Reasons to Love Your Roth IRA

Posted by on Friday, April 6th, 2018 in Investing, Personal Finance, Retirement, Uncategorized, Wealth Management | 0 comments

A friend recently asked me whether she should open a Roth IRA or a Traditional IRA. In case these terms are unfamiliar to you, IRA stands for Individual Retirement Account—as opposed to a group or company-sponsored type such as a 401(k)—and comes in two main forms: Roth and Traditional. While the two types of retirement accounts have several minor differences, there’s one major difference between Roth IRAs and Traditional IRAs: tax treatment. With a Roth IRA, you contribute after-tax income. Then, when you’re ready to pull money out later,...

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April 2018 Monthly Insight: Encourage Your Young Loved Ones to Save Early with a Roth IRA

Posted by on Wednesday, April 4th, 2018 in Monthly Insights, Personal Finance, Retirement, Wealth Management | 0 comments

“I love the Roth IRA. Tax-free income in retirement is a truly great deal.” -Suze Orman You’re no stranger to the power of compounding interest—but you still might be surprised at the astounding impact it can have on young investors’ financial futures. That’s why we want to share an important piece of advice with you today: tell the young people in your life to open up a Roth IRA, if they haven’t already. Why a Roth IRA? While the Roth IRA is a powerful tool for clients of any age, it has particularly strong benefits for younger generations....

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Famous Estate Planning Blunders

Posted by on Tuesday, March 27th, 2018 in Estate Planning, Personal Finance, Wealth Management | 0 comments

Celebrities have enough money to hire the best estate planning lawyers. You would think celebrities, of all people, should have ironclad estate plans that keep their affairs private, leave money and possessions to the people they love and the charities they care about, and take advantage of legal ways to avoid or minimize estate taxes. Unfortunately, it doesn’t always turn out that way. Celebrities can be negligent about estate planning no matter how much money they have. Other than not having a will, the biggest mistake is relying on a...

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March 2018 Monthly Insight: Qualified Charitable Distributions

Posted by on Tuesday, March 6th, 2018 in Monthly Insights, Tax Planning, Wealth Management | 0 comments

“No one has ever become poor by giving.” ―Anne Frank The concept of a qualified charitable distribution (QCD) was first introduced in the Pension Protection Act of 2006.  A QCD allows an IRA owner over age 70½ to make a charitable contribution to a charity directly from the taxpayer’s IRA, without counting the distribution as taxable income.  In addition, the QCD also satisfies the owner’s Required Minimum Distribution (RMD) requirements.  As a reminder, RMDs must start when the IRA owner reaches 70½ and in most cases is fully...

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