Blog

Welcome to Reston Wealth Management’s blog where Alex Voorhees, CFP® discusses various issues related to wealth management in a one minute or less read.

We will discuss a number of topics, including taxes, budgeting, investments, market updates, Social Security & Medicare, and estate planning.

Our goal is to explain OLD concepts that our readers may have heard before in a NEW and SIMPLE way.

 

Tuesday, July 17, 2018

How to prioritize personal savings as a Business Owner Welcome to part 1 of 2 in this short series on managing the cash flow of your business. In this first post, we will discuss taking a look at your larger financial picture that...

 

Tuesday, July 10, 2018

The Importance of Asset Location Asset location is a term used to describe how investments are distributed across various saving vehicles. For example, you may have an IRA, a Roth IRA, a Trust or Joint investment account, a 401(k), etc...

 

Tuesday, July 3, 2018

IRA’s and Charity in 2018 A Qualified Charitable Contribution (QCD) A Qualified Charitable Contribution (QCD) is a direct transfer of funds from your Individual Retirement Arrangement (IRA), made payable to a qualified charity....

 

Tuesday, June 26, 2018

With the 2017 Tax Cuts and Jobs Act going into effect, there are several tax and investment opportunities regarding Roth IRA’s. I am going to discuss two; Conversions and Recharacterizations. As a refresher, a Roth IRA is a...

 

Wednesday, June 13, 2018

The words ‘bear market’ have been bandied about a lot lately. When you read or hear them, remember to respond the same way you would if you saw an actual bear in the woods – by staying calm and keeping your wits about you. A changing...