- Tax PlanningReceiving a tax refund larger than expected or owing more tax than anticipated can both be surprising. Such scenarios often indicate discrepancies in your tax planning or withholding. Whether you’re puzzled by a hefty refund or a significant tax bill, here are three practical steps to manage and adjust your tax situation for future financial stability.
- Roth IRAAn investment time horizon is the period of time one expects to hold an investment before capitalizing on it. In conjunction with cash flow needs, time horizon considers (among many other items) the investor’s age, the time to retirement and the types of accounts that an investor has. For example, if the investor has a taxable account, a Roth IRA, and a 401(k) through work, the potential time horizon for each of those accounts may be different.
- Income TaxShort-term capital gains, on the other hand, are taxed at the investor’s ordinary income tax rate, which can range anywhere from 10-37%.
- Capital Gains TaxesWhether used for capital preservation, growth, or as an additional source of income, investments are always made in hopes of seeing an increase over the long term. The appreciation of assets can eventually be capitalized on by selling. This can generate a tax liability referred to as capital gains tax.
- Investment ManagementWe then provide a personalized investment strategy with a deep understanding of your risk-tolerance, time horizon, and cash flow needs. As a fiduciary, we always act in the best interest of our clients when selecting investments and providing advice. Explore Investment Management >
- Mutual FundsWalton began her career in 2007 as a client service associate at Rochdale Investment Management, a boutique mutual fund company, located in New York, NY. She moved back to her home state in pursuit of a career in family financial planning, where she joined Creative Financial Group as a Financial Planning Analyst in 2010. There, she progressed into a relationship manager providing financial guidance through tax planning, investment management, cash flow management, retirement planning, and insurance needs analysis. Walton is a Certified Financial Planner™ practitioner, and holds a Bachelor's degree in Accounting and a Master's degree in Financial Planning (both from the University of Alabama).
- Wealth ManagementAt Cahaba Wealth Management, we're dedicated to helping our clients plan for their retirement years. Our approach involves creating a long-term cash flow projection that takes into account your income, expenses, and tax estimates for future years. With this information, we can determine if your current assets and income streams will be sufficient to support you throughout your retirement years. If not, we'll work with you to develop a plan to close any gaps, so you can enjoy the retirement lifestyle you've always dreamed of.
- Accounting Services
- Financial PlanningRecognizing that no two clients are alike, we take the time to learn about your particular circumstances, goals, and aspirations. This serves as the basis from which we develop an integrated plan that addresses every facet of your financial life. Explore Financial Planning >
- Retirement Planning
- Long Term CareWe'll review your overall insurance portfolio to ensure the minimization of risk. This includes coverage for your car, home, life, disability, liability, and long-term care. We'll determine if your current coverage is sufficient, or if additional coverage is recommended. If necessary, we'll coordinate obtaining additional insurance either through a company-sponsored program or with an outside provider.
- Asset ManagementWe move forward by creating an investment portfolio that aims to generate the best possible return for your personal level of risk. Our knowledge of your comprehensive financial plan, in conjunction with your risk tolerance informs your asset allocation strategy and the selection of specific investments for your portfolio.