Latest from Alterra Advisors - Page 2

Let’s journey together for a moment through the winding roads of entrepreneurship. I understand the rush of seeing the business grow to new levels, the anxiety of big deadlines, and the thrill of hitting that yearly target. I’ve been there. Yet despite your achievements, a nagging thought occasionally pops into your mind when your head hits the pillow:
“What if

I’ve heard that I should have a trust, but do I need one?
When it comes to protecting and passing your wealth, this is one of the most frequent questions we hear. Trust talk is everywhere and often includes conflicting advice, which doesn’t help. In one article you hear that everyone needs a trust and in the next you hear

As we approach the end of 2023, here are a few simple tax saving tips to lighten the burden when you file your taxes next April!
 
Max out your 401(k)
Your max for 401(k) accounts in 2022 is $22,500 if under age 50 and $30,000 if age 50 or older. Make sure your 401(k) or workplace retirement plans are

Happy fall from all of us here at Alterra! In this quarter’s 20 Minutes on the Market & Economy, we cover three frequent questions we’ve been hearing:

  • Are we really headed for recession?
  • What’s happening with interest rates and inflation?
  • What’s driving the market volatility right now?

We hope you find it helpful and invite your feedback and topics you’d

Here’s what you need to know about 2024 retirement plan contribution limits to help make your annual investment game plan!
401(k)s. You can now defer up to $23,000 from your salary, with a maximum total contribution from all sources of $66,000, including matching and profit sharing. You can save an additional $7,500 if you’re age 50 or older.
Traditional and

Do you wonder if you’re at risk of owing estate tax? If so, which assets will you pay the tax on? It comes down to what is considered “in” your estate and what is considered “out” of your estate. You pay tax on assets in your estate, and you don’t pay tax on assets out of your estate.
So, what’s

“We’ve worked hard to build and protect our wealth, not just for us, but for our kids and grandkids. I just don’t want this money to ruin the family when I’m gone.”Does this sound familiar? If you’re thinking about how to pass your wealth to future generations of family, this is one of the most frequent fears. The data backs

Did you know that a soon-to-be-expired law could help your family avoid paying $2.6 million in estate taxes? If not, you’re not alone.
Estate taxes are complex and ever changing, making it difficult to keep up. They not only take a substantial bite out of your wealth, but they can also create confusion and tension for your family during an

A few years ago, we were approached by a new client with two questions her advisor wouldn’t answer:

  • When should I start social security?
  • My pension says I can receive monthly income or a lump sum to invest. Which is better for me?

She had worked for years with an advisor at her local bank to oversee her retirement investments,