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Planned SolutionsAuthor: Planned Solutions
Planned Solutions is an Independent Financial Planning Firm - looking out for our client's best interests. With over 30 years in the financial planning business, we at Planned Solutions will help guide you to a secure financial future. At Planned Solutions, a CERTIFIED FINANCIAL PLANNER professional will sit down with you, review your current situation and work with you to develop an individualized financial plan and implement an asset management strategy. We are very familiar with the range of options available today investment opportunities, savings, pension plans and insurance products and will help you identify which choices are best suited for both you and your familys goals. Financial planning, retirement planning, investment management, estate planning, insurance analysis, and tax planning and preparation are our specialties. Please give us a call for a complimentary initial consultation, where we will discuss your goals and help design a plan of action. Language: en-us Genres: Business Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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House Passes Budget-Tax Bill, Reviewing Series I Savings Bonds & Date the Rate, Marry the House
Episode 12
Thursday, 5 June, 2025
The House of Representatives recently passed a budget/ tax bill that would make the 2017 tax cuts permanent as well as eliminate taxes on tips for some taxpayers and eliminate tax on overtime income. In addition, the bill will increase and make permanent the estate tax exemption and extend tax breaks for small businesses. However, the bill is projected to increase the US budget deficit by $4.3 trillion over the next ten years, which has drawn the disapproval of Republicans in the Senate and the financial markets. The interest rates offered on Series I Bonds change every six months. This includes the fixed rate paid on new bonds and the inflation rate paid on new and existing bonds for the following six-month period. As these rates change it can make existing bonds (bonds issued in the past) less attractive and new bonds more attractive. For this reason, it is important to review the options available regularly. Many prospective homebuyers are holding out for a period when home prices may be more affordable due to lower prices, lower interest rates, or a combination of the two. But these two considerations are not equal. The “Date the Rate, Marry the House” strategy highlights the fact that buying a home is a long-term commitment while a mortgage may be a short-term commitment. Therefore, finding the right home should be the priority over the mortgage rate which may be refinanced in the future.Plus, a look at the Planned Solutions Incorporated Office Bulletin Board - It is graduation season at Planned Solutions. Carter graduated from Sacramento State University with a degree in Financial Planning. After a short vacation to celebrate he will now be working full-time going forward. Matt Young also graduated from Oregon State University. He plans to travel with his family over the summer and study for the Certified Financial Planner® exam. Currently, the plan is that his start date will be August 4th. The Planned Solutions team is growing with the addition of two bright and motivated young men.Chase and Michele also have graduates in their family who completed high school this year and will soon be moving out to attend college. Chase’s oldest will be attending Sacramento State University to major in Engineering while Michele’s oldest will be attending San Diego State University.To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast), please e-mail Katie@PlannedSolutions.com The Personal Finance Review is published and distributed biweekly by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action. Chase Armer's book- Financial Planning Insights is now available at: https://www.amazon.com/Financial-Planning-Insights-Decades-Planner/dp/1098306279?ref_=ast_author_mpb Intro 00:00 House Passes Budget/Tax Bill 02:02 Reviewing Series I Savings Bonds 14:48Date the Rate, Marry the House 19:25Bulletin Board 26:12Planned Solutions, Inc.
