Explore the transformative journey of John Cortines and Greg Baumer in their book 'True Riches,' as they guide readers from serving money to serving God. Discover key insights on gratitude, contentment, trust, and love, leading to a life of purposeful generosity and spiritual fulfillment.

2022 served as a helpful reminder to many as to why international stocks typically belong in a well-diversified and well-designed investment solution. While international markets were still down in 2022, thankfully they were down less. We don’t know what will happen as we enter 2023. Thankfully, we are not in the business of guessing what will happen in the short term. We are in the business of building efficient portfolios in line with client goals, and for most individuals, this should include the diversification benefits that come from international markets.

2023’s tax changes are more significant than in years past due to the IRS’s response to the rise in inflation. It’s important to think about your income, giving, saving, and estate planning expectations for the upcoming year so that you can make decisions early to help optimize your tax bill and investable assets. Learn about 2023 tax changes here.

The IRS's Rule 72(t) allows for penalty-free withdrawals from an IRA or other specified tax-advantaged accounts. If you need to access retirement funds early, here's how you can do so without facing the 10% withdrawal penalty and income tax.

On August 24th, the Biden administration announced their plan to provide student loan relief through an executive order. According to the Federal Reserve, there is about $1.75 trillion in outstanding student loans, and it is estimated that one in seven Americans are borrowers. Here we provide a summary of the provisions and eligibilities included in the plan

2021 saw inflation up ~7%, prodding the IRS to adjust tax brackets and standard deduction. Read about the changes to taxes in 2022 here.

HSAs carry a unique characteristic that can assist with portfolio decumulation efficiencies in retirement. If you save receipts, you can reimburse yourself from the HSA years later to access tax-free liquidity, in addition to the tax-deferred growth and tax-deductible contribution.

If used properly, Health Savings Accounts (HSAs) can provide a tax deduction on the front-end, tax-deferred growth on earnings, and tax-free withdrawals when used on qualified expenses. With a notable increase in healthcare costs over recent years, HSAs may be a great tool for you to mitigate those costs in the future. 

College costs have increased about 1200% since 1980, making wise planning and saving crucial. Is a 529 Plan right for you and your college student?

Here's what we know now about 2021 tax changes - how can you optimize now?

The American Rescue Plan is providing stimulus payments and other benefits to Americans. How are you and your taxes affected? Families with children and incomes in the $150,000 range should pay special attention.

Finding balance is often a difficult thing. On the surface, it sounds so simple but within many areas of life, it can be very elusive. Take some time to think about how you can take those next steps to find contentment, confidence, and financial freedom with the resources under your care.

If you're planning a Roth conversion or evaluating the tax implications of Roth contributions, consider the barbell strategy for your retirement planning.

Kings Path Partners provides financial planning and education services to help clients define and pursue their financial and estate goals. Give us a call today!

Whether you are feeling anxious or confident, here are six things you can do during this recent market downturn and to prepare for the next downturns.