Our Social Security Planning Secret, Heather Schreiber | | Access to Comprehensive Social Security Knowledge | | For many clients, Social Security can be difficult to sift through, but our team knows it’s a critical aspect of your financial plan, as this program is often the number one source of income for retirees. With Heather Schreiber, Retirement Income Certified Professional, as part of our back-office team, we aim to cut through the complexity of Social Security and simplify hard-to-answer questions for our clients, which allows us to focus on not just one aspect of your financial plan but the whole picture... Click here to continue reading this blog. | | | | |
Blog by Kiran Sharma –
Financial Advisor, Tax Accountant
| | Case Study: The Power of Roth Conversions to Reduce RMDs | | This Roth conversion plan reduced the RMD total by over $285k. | | Using the Storen Financial multi-year balance sheet projection, we are able to see the power of the Roth conversion strategy by manipulating the fields to create different scenarios. In the above example (see picture) from one married couple’s balance sheet, we reduced the wife’s RMD to approximately $273, and then focused on drastically reducing the husband’s. Notice that by the end of the 10 year time span, they will have close to $1.5M protected from RMDs and future taxation! By contrast, without the Roth conversions, they would have approximately $1.24M subject to ongoing RMDs and future taxation... Click here to continue reading this blog. | | | | |
Blog by Matt Wilson –
Portfolio Analyst Assistant
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The last day to file 2024 personal tax returns is Wednesday, 10/15. In order for us to complete your extended personal return by the 10/15 deadline, we will need your documents as soon as possible. Information received after 10/1 will be subject to a $250 expedited fee. (Click here to access the Client Portal to upload your documents.)
| | More Important News & Resources | | Our goal is to share valuable and practical information with you through our blogs, resource links, social media posts, and updates. On our blog, you’ll find all the tools, resources, and information you need. Have questions? Give us a call! | | | | Event: Family Binder Workshop – October 14 & 16 | |
Join us for one of these workshops, where we will help you build a family binder that stores all of your essential information in case of an emergency or unexpected death. Register now, space is limited.
Click here for event details.
| | | | Case Study: Advisor's Guidance Provides Opportunity for First Home | |
While meeting with a Storen Financial advisor, a Young Professional in her thirties expressed that her cash flow felt majorly restricted, despite having over $500,000 in assets. Thinking that she did not have access to these assets, she'd been living sparsely due to high rent, other bills, and consistent contributions to her retirement plan…
Click here to read this blog.
| | | | How to remove the bookkeeping burden? | |
Bookkeeping is the primary way business owners can determine if their business is profitable: keeping an eye on your numbers lets you identify financial challenges early on and address them before they blossom into full-fledged crises...
Click here to read this blog.
| | | | New Downloadable Family Binder PDF! | |
We’ve put together a downloadable PDF with the Storen Financial templates. Use this to build your family binders by simply printing and adding your personal information to the designated tabs.
Click here to access this resource.
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Have feedback to share with us? Send us a testimonial! We’d love to hear about your experience with Storen Financial. Click here to share.
| | Comprehensive Financial Services | | We are here year-round offering comprehensive tax, accounting, and financial planning services that will help you pursue your financial objectives... | | Our team is committed to delivering professional financial services with personalized customer attention. Have you met... | | | | |
Brian Biggs, CPA –
Financial Advisor, Senior Tax Accountant
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Brian is a CPA with a focus on taxation services and has been with Storen Financial since 2009. Prior to working at Storen, Brian has had a variety of work experiences. He worked in public accounting with one of the national CPA firms and was also a financial controller for a construction company. In conjunction with being a stay-at-home parent for number of years, Brian was an elementary school aid and librarian... Click here to read more.
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ADDRESS
1120 W Oak St, Suite 200
Zionsville, Indiana 46077
| | | Storen Financial is an established independent investment and accounting firm in the Indianapolis area, headquartered in Zionsville, serving clients in 43 states. A local institution for over 50 years with a focus on team, family, and community involvement, we pride ourselves on forward thinking innovations and dedicated customer service. We offer year-round, comprehensive options that implement tax-saving strategies to help individual and business clients pursue financial goals. Click here to learn more about Storen Financial. | | |
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results.
Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Brass Tax Wealth Management, a registered investment advisor. Tax/accounting/CPA related services offered through Storen Tax & Financial Group Inc. DBA Storen Financial. Greg Storen and Storen Tax & Financial Group Inc., a separate legal entity, are not affiliated with LPL Financial. LPL Financial does not offer tax advice or Tax/accounting/CPA related services. Registration as an investment advisor does not imply any level of skill of training.
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