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America’s labor shortage: What it means for the economy and your portfolio

America’s labor shortage: What it means for the economy and your portfolio

by Bill Harris, CFP, RMA | Sep 20, 2021 | Financial Planning, Retirement

It may already feel normal to walk into a store and see the “Help Wanted” sign on the door. Or you may have gone to your favorite restaurant one evening and found it closed, with an apologetic “Sorry, we couldn’t open tonight for lack of staff” note pasted somewhere....
1099s in the age of coronavirus

1099s in the age of coronavirus

by Bill Harris, CFP, RMA | Feb 23, 2021 | Financial Planning, IRAs, Money Mindset, Retirement, Taxes

If it’s the end of January, there must be 1099s in your mailbox. And while they come every year, this year has one more complexity because of Coronavirus-Related Distributions (CRDs). So maybe this is the time to do a deeper dive into 1099s. Form 1099 is nothing other...
A widow’s potential risks to social security: understanding WEP and GPO offsets

A widow’s potential risks to social security: understanding WEP and GPO offsets

by Bill Harris, CFP, RMA | Jan 31, 2021 | Curve Ball Planning, Financial Planning, Retirement, Social Security, Widow

When it comes to retirement and Social Security, the last thing anyone wants are unpleasant surprises. When couples are planning for retirement they want to feel secure in the knowledge that the surviving spouse will received anticipated retirement benefits. Many...
Unexpected widows and inheriting IRAs the right way

Unexpected widows and inheriting IRAs the right way

by Bill Harris, CFP, RMA | Jan 14, 2021 | IRAs, Curve Ball Planning, Financial Planning, Money Mindset, Retirement, Taxes

Life is precarious. And life is precious. For years we’ve heard people say, “Here today, gone tomorrow.” No matter what our age, it’s one of those flip phrases that are bandied about without thinking of the implications. But recently, it has taken on new relevance....
How to avoid mistakes when dividing retirement assets during a divorce

How to avoid mistakes when dividing retirement assets during a divorce

by Bill Harris, CFP, RMA | Dec 3, 2020 | Divorce, Curve Ball Planning, Retirement, Taxes

While wedding vows may say “until death do us part” it doesn’t always turn out that way, with the statistics for divorce in the United States sitting between 40%-50%. Nobody plans for divorce, but the reality of this statistic means it could happen. If you are...
How does the SECURE Act affect qualified charitable distributions?

How does the SECURE Act affect qualified charitable distributions?

by Bill Harris, CFP, RMA | Oct 16, 2020 | Financial Planning, Investing, Money Mindset, Retirement

Qualified charitable distributions (QCDs) are a double-win: They allow individuals to reduce their tax bill and give to qualified charities. If you are someone who has participated in QCDs in the past, you are likely wondering how the recently passed SECURE Act will...
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W.H. Cornerstone Investments Inc. (“WH Cornerstone”) is registered as an Investment Adviser with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualized responses to consumers in a particular state by WH Cornerstone in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or pursuant an applicable state exemption. All written content on this site is for information purposes only. Opinions expressed herein are solely those of WH Cornerstone, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties' informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

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