Wealth

Planning for your child’s education is crucial for many families. A 529 savings plan can be an ideal vehicle for this purpose. These plans provide significant tax advantages and investment flexibility, making them attractive for educational funding. In this guide, we will explore how to maximize your 529 savings plan....

403 b Roth vs. 403 b Pre-Tax Planning for retirement can be a complex task. It involves making critical decisions that will impact your financial future. One such decision is choosing between a 403(b) Roth and a 403(b) Pre-Tax retirement account. Both options offer unique benefits and potential drawbacks. The...

Financial planning is a crucial aspect for all professionals. For healthcare professionals, it may hold even more significance. Physicians, dentists, and other healthcare practitioners often grapple with complex financial situations. These complexities arise from unique challenges in their field. Managing cash flow, ensuring tax compliance, and understanding business valuation are...

When it comes to tax-efficient charitable giving, Qualified Charitable Distributions (QCDs) can be a game changer, especially for retirees looking to minimize their tax burden while maximizing their charitable impact. Understanding how QCDs work can help you reduce taxable income, satisfy Required Minimum Distributions (RMDs), and support causes you care...

An Interview with Stephen M. Catalano Written by: Cameron Gorman, Akron Life Magazine The new year marks an opportunity to for self- improvement. Common resolutions, such as hitting the gym, spending time with family and friends and traveling, are all important parts of turning over a new leaf. But before...

The end of the year is the perfect time to review your financial planning needs with a financial advisor. This checklist can help you review your investment portfolio, assess year-end tax planning opportunities, review retirement goals, and manage your wealth transfer and legacy plans. You may also want to consult...

In this blog, you’ll learn essential finance terms you might come across when running your business or dealing with accountants and financial services. Why Financial Literacy Matters Increasing your financial literacy is important, especially if you’re just beginning your journey in finance. Whether you’re opening your first bank account or just trying to...

Akron , OH – September 19th –W3 Financial Group is honored to be this year’s presenting sponsor for the annual Rise & Shine with the Kiwanis for Kids event, hosted by the Downtown Akron Kiwanis Foundation. This celebration will shine a spotlight on the incredible efforts made by community members,...

Navigating your finances can feel overwhelming, especially if you’re not familiar with all the jargon. It doesn’t matter if you’re fresh out of school, looking to invest for the first time, or just trying to make smarter decisions with your money—understanding the basics of finances is helpful. Knowing how your...

Whether you’re a novice looking to get a better grasp of the financial world or a seasoned professional seeking a quick refresher, this guide has something for everyone. Let’s break down these crucial equations to help you navigate the financial landscape Understanding these formulas will not only help you decode...