Optimizing Employer Sponsored “After-Tax Contributions”
Not every employer sponsored 401(k) plan is created equal. Many larger employers plans allow “After-Tax Contributions”, inside their 401(k) plan. These “After-Tax Contributions” often are for contributions made by an employee above the employee contribution limit, but some plans allow you to contribute to them over time. Employees with plans allowing these types of contributions […]
A Year of Growth and Mentorship
When I joined Alaska Wealth Advisor nearly a year ago, I was a newcomer to the financial industry. Having been equipped with the tools for success through my education and life experiences as a strong foundation, I realized there was still much to learn. This first year has been a journey filled with challenges and […]
5 Considerations for Bridging an Early Retirement
Many individuals face the decision about whether to retire early – either by choice, stemming from a desire to enjoy more years of leisure, or due to unanticipated changes in employment or other life circumstances. Whatever the situation may be, there are several important factors to consider throughout the decision-making process. Our top 5 list […]
Improve Your Tax Filing
It is that time of year again when 1099s and W-2s start flowing in. This year’s filing deadline is April 15 (unless you delay). The past couple of years had deadlines that did not fall on the 15th, but this year does. Here are several simple recommendations that may improve your filing and future tax […]
Don’t Miss Potential Property Tax Savings
Each year around the first of the year, our mailboxes receive a nice little green sheet of paper stating the assessed value of our homes. Our initial excitement to watch our home value grow is quickly sobered with the realization that with growth in value comes growth in property taxes. Before writing that check you […]
Another Kind of Freeze/Thaw: How and When to Freeze Your Credit
Freezing your credit is an easy way to proactively protect yourself against identity theft, or to prevent further misuse of your personal information if you suspect that it’s been compromised. What is a credit freeze? Freezing your credit reduces access to your credit report and prevents new account openings, which is especially important if you […]
Setting Resolutions for (Financial) Success
The start of a new year feels refreshing, invigorating, and often times optimistic. It is a chance to begin again. We have a culture of creating “New Year’s Resolutions,” yet many of us find failure shortly into our attempts. Studies show that by February, 80% of New Year’s Resolutions have been abandoned.1 Don’t be disheartened! […]
Unlocking 2024’s Financial Potential: A Comprehensive Guide
As we usher in a new year, the financial landscape is undergoing several changes that can significantly impact your financial planning. As your trusted financial advisors at Alaska Wealth Advisors, we provide a comprehensive overview of the key changes that will shape your financial strategies in the coming year. SOCIAL SECURITY 2024 COLA 3.2% – […]
Find us on the “America’s Top RIA Firms” Forbes list!
We are thrilled to announce that Alaska Wealth Advisors has been selected for the Forbes “America’s Top RIA Firms” of 2023. Landing on the list includes an extensive quantitative and qualitative review by independent and world-renowned SHOOK Research. Our tremendous growth, as an indication of a successful firm, was the first step in being considered […]
What is the right claiming strategy?
As individuals approach retirement, one critical decision they face is when to start claiming Social Security benefits. The age at which you choose to claim can significantly impact the amount you receive, and each option comes with its own set of positive and negative aspects. At Alaska Wealth Advisors, we understand that every individual’s financial […]