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...
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....
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...
by Bill Harris, CFP, RMA | Sep 21, 2020 | Curve Ball Planning, Financial Planning, Money mindset, Retirement, Taxes
The last thing Shelly wanted to do was withdraw funds from her IRA. It was the one account she had prioritized as she moved forward after her divorce. To her, it meant she was serious about taking care of herself so she wouldn’t someday be a burden on her kids. But...
by Bill Harris, CFP, RMA | Jun 10, 2020 | Financial Planning, Curve Ball Planning, Retirement, Taxes
Coronavirus has taught us one thing: no one is exempt from facing a medical issue. While older people may have graver consequences, a virus can affect virtually anyone. Hence, the universal need for an emergency medical fund. We may be witnessing a weakening of...
by Bill Harris, CFP, RMA | May 4, 2020 | Financial Planning, Taxes, WH Cornerstone Blog
Not everyone has put off filing their personal taxes for 2019 beyond the April 15 deadline, as allowed by the CARES Act. If you knew you’d be getting a tax refund, you probably filed long before the coronavirus was ever declared a pandemic. And, if so,...