Posts by Charles J. Lewandowski CFP®
Video: Choosing Between a 401k Account and a Health Savings Account? How to Maximize Your Benefits.
Transcript (00:00): Welcome to the Prudent Retirement Planning Channel. This channel is devoted to those of you contemplating your retirement, visualizing retirement or dreading retirement. If you’re within 15 years of that day, this channel is for you. My name is Chuck Lewandowski. I’m a CERTIFIED FINANCIAL PLANNER™ professional. Today I’m going to address a…
Read MoreGiving Back to a Community of Wildcats
I had the opportunity to be guest instructor for Seniors in the Personal Finance Class at Academy at The Lakes High School in Land O’ Lakes Florida. Thank you, Dean of Students, Ms. Kelly Rodowsky for allowing me to interact with your classes! Go Wildcats! #AATL
Read MoreVideo: 4 Reasons Executives and Business Owners Should Consider a Health Savings Account
Video Transcript Charles J. Lewandowski CFP® (00:00): Welcome to the Prudent Retirement Planning channel. This channel is devoted to those of you contemplating retirement, visualizing retirement or dreading retirement. If you’re within 15 years of that day, this channel is for you. My name is Chuck Lewandowski. I’m a CERTIFIED FINANCIAL PLANNER professional and today…
Read MoreDoes Your Dental Practice 401(k) Plan Need a Good Flossing?
A dental practice’s retirement plan often represents the second biggest accumulation of wealth for the owners of the practice. In some cases, the retirement plan’s value to the participating dental professional may meet or exceed the value of the practice itself. As the practice grows with time, it is extremely important the owners evaluate retirement…
Read MoreWhich Tax Saving Perk Do Executives Consistently Ignore During Annual Benefits Enrollment?
Joan Babab is a highly compensated Director at a large health care company. Her husband, Alex, also is at the top of the pay scale at his employer. They consistently fall into the highest tax brackets when they file their federal income tax return. Joan is very conscientious when she selects her benefits each fall. She…
Read MoreThanks, Boss, for the Restricted Stock and RSU’s! What Are They and What Do I Do Now?
By Charles J. Lewandowski CFP® MBA Sue and Jim recently came to my office to discuss their new compensation packages. Sue, a VP at a startup Technology company had received a Restricted Stock award and Jim received a Restricted Stock Unit (RSU) grant from his employer, a large Health Care conglomerate. Neither of them understood…
Read MoreDoes Your Professional Services Firm Make These 3 Financial Planning Miscalculations?
By Charles J. Lewandowski CFP®, MBA Closely held professional services firms may share several common characteristics: · One or two founding employees run the business and generate most of the revenue. · The founders intend on selling the company to fund their retirement. · If there is a staff, it consists of well compensated technical support personnel. · There…
Read MoreFive Ways to Maximize Charitable Giving During COVID-19
The COVID -19 virus has impacted many non-profit institutions that rely on donations to further their mission. There has been a tragic human toll throughout the country causing all organizations to re-think methods of operating. The new routines, while saving human lives, have resulted in actions that turn normal operating procedures on their heads. One…
Read MoreAvoid These 3 Expensive Medicare Mistakes!
Thinking About Enrolling in Medicare in a Few Years? Avoid These Three Expensive Mistakes! By Charles J. Lewandowski CFP®, MBA I recently applied for health insurance on the federal government exchange (Healthcare.gov) due to the expiration of our family’s COBRA coverage. As I recovered from the shock of increasing premiums and decreasing coverage, I began…
Read MoreManaging the Triple Threat – Florida Prepaid College Program, Bright Futures, and Private 529 Plans
Carl had prepared for this event for nearly two decades. His son, C.J. would be entering college in the Fall and, importantly, paying the tuition bills did not seem to be an issue. Carl’s steadfast, methodical saving produced a fully funded Florida Pre-Paid Tuition contract as well as a nice sum in a private 529…
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