UPDATED: Covid-19: What To Expect During Your Visit to Level

REVISED – 3/21/2022 All visitors and employees are no longer required to wear masks when visiting our offices. Other precautions we have taken to ensure the health and safety of our visitors and employees include: Availability of disinfectant, hand sanitizer, masks, and gloves throughout our offices and in conference rooms. Strict adherence to CDC and state guidelines. Use of air-purifying equipment. We encourage anyone with concerns or questions to contact us....

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Upcoming Educational Session

Level Financial Advisors and Walsh Duffield hold an educational session on insurance

Join Level Financial Advisors and Mark Garvelli, CIC, Vice President Personal Insurance Division, Walsh Duffield Companies, for this 1-hour educational session on the basics of automobile, homeowners, and renters insurance, including what coverages are required and offered and tips and tricks to maximize your protection. This live webinar will provide a chance for participants to ask questions and interact directly with the presenters! Register Here:  https://www.eventbrite.com/e/auto-homeowners-insurance-education-tickets-294600196117  ...

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A Risk management review: The last (but certainly not least) action item on your preretirement check list.

Win Jacob, CFP® talks about risk management referencing Henny Goodman

In previous installments of this blog, I’ve been discussing the idea of a preretirement checklist much like the final landing checklist of an airplane crew. The last item on the checklist is a comprehensive risk management analysis.  In simple terms, we are intentionally identifying the things that could go wrong which could derail our financial security in retirement and then designing the best strategy for mitigating the risks in advance.  This is an important component of any financial plan regardless of age but as we enter our retirement years, the perils and exposures have probably shifted, along with our changing circumstances and our planning should adjust as well. Firstly, let’s consider a few basic principles: We are not talking about investment risk- which involves the possibility of both a loss and a gain and is more about the volatility of returns. We are considering only those exposures where the bad...

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VIDEO: Tax Preparation Webinar Replay

Webinar held for 2022 tax preparation tips and tricks

Level Financial Advisors and Lisa Mrkall, CPA, MBA of Tronconi Segarra & Associates host this 1-hour educational session geared toward making sure you are prepared for filing your taxes! Lisa discusses common errors and misconceptions, how to handle distributions and charitable donations, and changes in the tax code that will impact this year’s returns.

Desiree Weppner Promoted to Human Resources Manager

Desiree Weppner promoted to Human Resources Manager for Level Financial Advisors

PRESS RELEASE Amherst, NY: Level Financial Advisors has promoted Desiree Weppner to the position of Human Resources Manager at its fee-only investment management and financial planning firm. She will assist the company in all aspects of employee relations, payroll, 401k and benefits administration, along with hiring and retention activities.  As part of her new responsibilities, Ms. Weppner will continue to support the client services team in various aspects of the firms daily activities. She will report to the firm’s chief operating officer in her new role. Ms. Weppner graduated from Gannon University, achieving a Bachelor of Science in Mental Health Counseling; she later received her Masters of Science in School Counseling from Edinboro University. Prior to joining Level in 2020, Ms. Weppner worked as a School Counselor at St. Gregory the Great Catholic School. She serves on the board of the Character Council of Western New York as its Vice President and is also...

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VIDEO: 5 Year-End Tax Strategies

5 actionable strategies individuals can take now to save taxes in retirement

Level Financial Advisors’ Chief Investment Officer & Partner, Steven Elwell, CFP® and Financial Advisor Paul Coleman III, CFP® discuss simple, actionable strategies you can take now that will save money and avoid taxes! This webinar was originally recorded November 18th.

Important Link from Webinar: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-savings-contributions-savers-credit

5 Common Tax Myths

5 Tax Myths we see from our clients

The tax code is a confusing maze of rules and regulations that very few people understand. All of these rules often make it difficult to understand what is true and what is not. This leads to people creating rules of thumb that are generalizations to simplify the complexity of the tax code. Unfortunately, as with most complex topics, this can create popular beliefs that may not be true. Here are five of the most common tax myths we hear from clients:   1) I’ll be in a lower tax bracket once I’m retired.   Naturally, if you are no longer working and earning wages it is reasonable to assume you will be in a lower tax bracket. Unfortunately, the formulas that determine how much of your Social Security, qualified dividends and capital gains are taxed, along with mandatory withdrawals from your 401k/IRA at age 72, can lead to paying a lot higher tax rate than you...

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