Diversified Asset Management: Eye on Money Mar-Apr 2024

­Diversified Asset Management, Inc - Eye On Money March/April 2024

 

 

We invite you to check out the new issue of Eye On Money! Inside are articles on:

 

Planning your estate. No matter your age or the size of your estate, it is important to have an estate plan in place to help protect your family’s future, as well as your own. Here are a few things to know about creating one.

 

Education tax credits.  If you pay college tuition for yourself, your spouse, or a dependent and your income is under a certain limit, you may be eligible to claim a tax credit for part of the qualified education expenses you pay. There are two credits available. Here’s how they compare.   

                                             

Roth IRA.  Don’t miss this one if you are saving for retirement! We’ll tell you how Roth IRAs work and why you may want one.

 

2024 contribution limits. The annual limits have increased for 2024. Here’s how much you may be able to contribute to your retirement and health savings accounts this year.

 

Also in this issue, you can learn about exchange-traded funds, health savings accounts, and important financial deadlines. Plus, you can travel vicariously to Chiang Mai, Thailand, discover places to savor the sight and scent of flowering trees and shrubs this spring, and see how much you know about Seattle.

 

Please let us know if you have questions about anything in Eye On Money.

 

 

For personalized guidance tailored to your unique situation, contact Diversified Asset Management, Inc. at info2@diversifiedassetmanagement.com or (303) 440-2906. Our experts can help you navigate the complexities of business succession and ensure a successful transition.

Robert J. Pyle, CFP®, CFA, AEP® founded Diversified Asset Management, Inc., in 1996 to provide personalized, comprehensive wealth management services to successful individuals, families, single women, and business owners. His specialty is addressing the complex financial needs of self-employed professionals, corporate executives, and small-business owners. Our disclosure can be found here. The views, opinion, information, and content provided here are solely those of the respective authors, and may not represent the views or opinions of Diversified Asset Management, Inc. Diversified Asset Management, Inc. cannot guarantee the accuracy or currency of any such third party information or content, and does not undertake to verify or update such information or content. Any such information or other content should not be construed as investment, legal, accounting, or tax advice.

Here is the link to the full newsletter:

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