Get Started
Fee-Only, Fiduciaries | 100% Virtual Financial Advisors
  • Home
  • Services
  • Why Us
  • Blog
  • Contact Us
  • Get Started
  • Client Portal
  • Menu

Inauguration Day Is Coming: What Financial Challenges Could High Earners Face During the Biden Administration?

January 4, 2021/in Economy, Election, Financial Planning, Tax Management, Taxes /by admin

With one of the most contentious elections in history behind us, President-elect Joseph R. Biden, Jr. is set to take office on January 20. In anticipation of a new administration, high earners especially are left wondering – how will the Biden presidency affect me financially? Until Biden takes office and begins enacting changes, we won’t know for sure what to expect. But based on his official campaign platform, past interviews and projections, we can better prepare ourselves for the potential changes to come.

Now that Inauguration Day is on the horizon, what challenges could this bring to high earners during a Biden administration?

Read more

https://woodsonwm.com/wp-content/uploads/2021/01/featured_inauguration-day.jpg 1000 1400 admin https://woodsonwm.com/wp-content/uploads/2020/07/logow.png admin2021-01-04 01:13:102021-01-04 21:41:30Inauguration Day Is Coming: What Financial Challenges Could High Earners Face During the Biden Administration?

Most CARES Act Benefits Are Ending on Dec. 31st. Are You Prepared?

November 30, 2020/in Economy, Financial Planning, Tax Management, Taxes /by admin

The CARES Act was passed on March 27, 2020 amidst the onset of COVID-19 in America. The package included over $2 trillion in economic relief for businesses, workers, families and governments.1

Now, the year is almost over – and some benefits included in the CARES Act are expiring. Many Americans have relied on these benefits to make ends meet throughout the course of the pandemic, and there’s widespread uncertainty about benefits coming in the future.

Read more

https://woodsonwm.com/wp-content/uploads/2020/11/jumpstory-download20201130-191001-scaled.jpg 1707 2560 admin https://woodsonwm.com/wp-content/uploads/2020/07/logow.png admin2020-11-30 19:17:232020-11-30 19:17:44Most CARES Act Benefits Are Ending on Dec. 31st. Are You Prepared?

Biden Has Won the Presidential Election: Here are the Tax Changes You Should Prepare For

November 9, 2020/in Economy, Election, Financial Planning, Healthcare Costs, Tax Management, Taxes /by admin
https://woodsonwm.com/wp-content/uploads/2020/11/Biden-Election.png 1115 1562 admin https://woodsonwm.com/wp-content/uploads/2020/07/logow.png admin2020-11-09 18:35:262020-11-09 19:25:17Biden Has Won the Presidential Election: Here are the Tax Changes You Should Prepare For

You’ll Spend Thousands on Healthcare This Year. Can an HSA or HRA Help?

September 27, 2020/in Budgeting, Financial Planning, Healthcare Costs, Retirement Planning, Tax Management /by admin

 

The average annual healthcare expense per individual rises from roughly $2,000 for 19-year-olds to about $11,000 for retirees (age 65+).1 As Americans pay more for medical care, they often seek ways to save for emergencies. Health savings accounts (HSAs) and health reimbursement accounts (HRAs) can help.

Read more

https://woodsonwm.com/wp-content/uploads/2020/07/logow.png 0 0 admin https://woodsonwm.com/wp-content/uploads/2020/07/logow.png admin2020-09-27 07:25:512020-09-28 22:04:40You’ll Spend Thousands on Healthcare This Year. Can an HSA or HRA Help?

How to use a Roth IRA to turn retirement assets into future tax-free income!

September 21, 2020/0 Comments/in Income, IRA, Retirement Planning, ROTH, Tax Management /by admin
https://woodsonwm.com/wp-content/uploads/2020/07/logow.png 0 0 admin https://woodsonwm.com/wp-content/uploads/2020/07/logow.png admin2020-09-21 17:32:052020-09-21 17:32:05How to use a Roth IRA to turn retirement assets into future tax-free income!

Recent Posts

  • Hindsight Is 2020: 7 Ways We Should All Vow to Treat Our Money Differently in 2021
  • Does Impeachment Impact the Markets? A Quick Historical Look At Past Proceedings
  • Jamie Lima Launches Subscription-Based Financial Planning Program
  • Millionaire & Former Zappos CEO Died in November Without a Will. Here are 3 Key Reasons why You Need One
  • Make 2021 less stressful with these financial moves

Categories

Archives

  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020

Follow us on Facebook

Woodson Wealth Management is a fee-only, financial advisory firm dedicated to helping you continue to do what you love to do with ZERO financial stress.
Home
Services
Why Us
Contact Us
Privacy Policy
Website Disclosure
Firm ADV
 Email us: info@woodsonwm.com
 Call or text: 858-923-4500
 Ready?: Schedule A Call

© 2020 Woodson Wealth Management and Consulting, Inc. All rights reserved.

Scroll to top