Mathew Ryan

Financial Planning Specialist, Bedel Financial Consulting Inc.

Year-end planning: Control the chaos

While the holiday season is consuming much of your time, it’s important that you don’t miss some important year-end tax deadlines. Which items require your immediate attention, and which task deadlines give you more time?... Read More

The Eli Lilly dilemma

For employees who have built up significant company stock in their 401k, the Net Unrealized Appreciation strategy can be one of the most powerful tax planning tools available. But how does the NUA strategy work, and how can employees with Eli Lilly stock save thousands of dollars in taxes by using this approach?... Read More

Wealth transfer strategies

Benjamin Franklin famously wrote, “In this world, nothing can be said to be certain except death and taxes." While the two entities often stand independent of one another, in the financial planning realm, the two are habitually intertwined. The impact taxes can have on your estate when you pass, if not addressed appropriately, can wreak havoc on your estate.... Read More

Mega Backdoor Roth? What is this?

While the Backdoor Roth strategy allows you to contribute up to $7,000 in 2024 ($8,000 if over age 50), the benefit of the Mega Backdoor Roth is the ability to sock away as much as five times that of normal IRA limits through ‘after-tax’ contributions.... Read More

Accidents happen: Are you covered?

If a visitor falls at your home, will your insurance cover all the costs? It depends. Your homeowner and auto policies provide liability coverage, but if it isn’t enough, you may be stuck. A large liability judgement could jeopardize the financial security of your family.  What can you do?... Read More

Table those capital gains: 1031 exchanges

Section 1031 of the IRS tax code allows an investor to defer the gains on a potential real estate sale if they purchase a property of similar nature and meet certain requirements as well as time constraints. How does this all work?... Read More

Estimated tax payments

Planning for taxes never ceases. Whether you are a business owner, independent contractor, or a company employee, tax planning is a year-round endeavor. One component of that planning is estimated tax payments. But who needs to pay them? How much needs to be paid? And, when are they due? ... Read More

Protect your estate from taxes

Death and taxes are two of life's unavoidable certainties! Though often viewed through separate lenses, in the financial world, the two are often intertwined. When an individual passes away, their estate could be faced with the prospects of estate taxes, which can be as high as 40%! ... Read More