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What Are Your Summer Plans?

By | 2017-05-17T18:21:39+00:00 April 28th, 2017|Categories: Personal Planning|

People either love or hate April.  I personally like it for a few reasons: busy season is over, my refund check is in the mail, and the weather is changing.  Not everyone gets to share in the same experiences as me since their busy season might be different, they may owe come tax time, or they [...]

Guiding Principles for Changing Markets

By | 2017-05-17T18:43:00+00:00 April 19th, 2017|Categories: Personal Planning|

“What is your intention?”  It’s a big question, and one that leads nearly every aspect of your life – including the parts that deal with money. An investment intent is based on the intractable belief we have in the principles and practices that guide our decision-making for our investment portfolios.  In times of market upheaval and [...]

Financial Basics for Millennials

By | 2017-04-18T20:29:03+00:00 April 17th, 2017|Categories: Personal Planning, Uncategorized|Tags: , , , , , |

With age comes responsibility, so if you're a young adult in your 20s or 30s, chances are you've been introduced to the realities of adulthood. While you're excited by all the opportunities life has to offer, you're also aware of your emerging financial responsibility. In the financial realm, the millennial generation (young adults born between 1981 [...]

New Year's Resolutions

By | 2017-05-09T22:14:08+00:00 February 17th, 2017|Categories: Personal Planning, Uncategorized|Tags: , , , , , , |

Resolutions are supposed to be your intention for the new year, not a to-do list for the first week of January that is never fully completed.  I have yet to see someone accomplish a resolution within a week.  We usually get “busy” and  stop caring about what we set out to accomplish within the first couple [...]

Mackey Advisors Economic Update

By | 2017-05-09T22:14:07+00:00 February 14th, 2017|Categories: Business Wise, Personal Planning, Uncategorized|Tags: , , , , |

All indicators are now pointing, more or less, in a positive direction for the U.S. economy.  The consumer continues to be in the driver’s seat, enjoying low energy prices, low borrowing costs (for now anyway), rising wages and a strong housing market.  As far as the economy is concerned, the elections were a non-event.  Although there [...]

Why Planning is Important

By | 2017-05-09T22:14:05+00:00 October 17th, 2016|Categories: Personal Planning, Uncategorized|Tags: , , , , , |

If you have spent any significant time with the Mackey Advisors team, you have probably realized that we sometimes sound like a broken record when it comes to the concept of “planning”.  That is because almost every new client we work with, we continue to reinforce this huge importance. Often that importance is not just placed [...]

Medicare Open Enrollment Begins October 15, 2016

By | 2017-05-09T22:14:00+00:00 October 7th, 2016|Categories: Personal Planning, Uncategorized|Tags: , , |

Medicare open enrollment period allows you to make changes to your current plan.  What is the Medicare open enrollment period? The Medicare open enrollment period is the time during which people with Medicare can make new choices and pick plans that work best for them. Each year, Medicare plans typically change what they cost and cover. [...]

IRS Announces New Waiver Procedure for Taxpayers Who Inadvertently Miss the 60-Day Rollover Deadline

By | 2017-05-09T22:13:59+00:00 September 29th, 2016|Categories: Personal Planning, Uncategorized|Tags: , , , , |

Background--direct and indirect (60-day) rollovers If you're eligible to receive a taxable distribution from an employer-sponsored retirement plan (like a 401(k)) you can avoid current taxation by directly rolling the distribution over to another employer plan or IRA (with a direct rollover you never actually receive the funds). You can also avoid current taxation by actually [...]

Tax Time Starts Now!

By | 2017-05-09T22:13:59+00:00 September 28th, 2016|Categories: Business Wise, Personal Planning, Uncategorized|Tags: , , , , |

Fall is the time to think of the leaves changing, the weather turning cooler, and…taxes.  While the 2016 individual tax deadline is not until April 15th, there are things that you should consider now that are just as important than that dreaded deadline.  Individuals file their taxes on a cash basis, which means that most things [...]

Giving Back

By | 2017-05-09T22:13:58+00:00 September 20th, 2016|Categories: Personal Planning, Uncategorized|Tags: , , , , , |

We live in a world with thousands of good causes to support every day.  Whether it be a local charity, a friend down on their luck, or that adorable puppy that can’t find a home, there always has been and always will be a need for support.  Thankfully many of us are more than happy to [...]