Tax Time is here.

To assist you in planning for your 2023 taxes, we provided, via email, the schedule of various tax forms that we will typically furnish to our customers over the next several months. Depending on the type of account(s) and reportable amounts your accounts have earned or been paid; you will receive only those forms that are appropriate for the activity in each of your accounts.

To assist with your 2024 tax planning, we have made available the 2024 tax planning table for you to review and make plans accordingly.

Click here for the 2024 tax planning table. 

If you would like an electronic or hard copy of either form, please contact
Tisha Cummings, Sr. Registered Associate at (513) 412.5222 or Tisha.Cummings@WFA.com.

Wells Fargo Advisors is not a legal or tax advisor. However, Skyline Wealth Consulting Group at Wells Fargo Advisors, will be glad to work with you, your accountant, tax advisor and or lawyer to help you meet your financial goals.

Martin’s view while taking in perspectives from the JP Morgan Asset Management conference in New York City for Wells Fargo Advisors. The Skyline Wealth Consulting Group takes those institutional insights and brings them to our private clients for use in their planning.

What an honor and joy it was to participate in a double Habitat for Humanity build with our fellow Wells Fargo Advisors teammates. Habitat for Humanity is truly a selfless program that provides affordable services for successful home ownership, in addition to teaching the skills needed to maintain the home for the life of the owner and their future generations.

Looking forward to our next build!

Wells Fargo research shows that parents and their adult children want to engage in

financial conversations, but often they don’t know how to get the conversation

started.

In 2023, Wells Fargo conducted a survey on individuals over the age of 50 who had at

least $1 million in investable assets – money they made largely on their own.

This in-depth piece highlights what wealth builders think, their thoughts on family

business succession planning, sustaining multigenerational legacy and building

multigenerational success. It also summarizes the results of Wells Fargo research with

actionable insights for multigenerational conversations.

Please click here to read the full report.

As we've all experienced, life is full of uncertainty. With this in mind, many have been thinking more about their wealth transfer goals and how to best prepare for the future.

To help you learn more, read our Essentials of Wealth Transfer e-book which covers key topics such as:
     • Why an estate plan is needed
     • Options for your wealth transfer goals
     • What to share with family
     • How to pick the right trustee
     • When to revisit your estate plan

We hope you find this resource useful. Please call us if you have questions or would like to discuss further.

Wells Fargo Advisors is not a legal or tax advisor. However, we will be glad to work with you, your accountant, tax advisor and or lawyer to help you meet your financial goals.

Any estate plan should be reviewed by an attorney who specializes in estate planning and is licensed to practice in your state.

Your Holistic Financial Picture in One Place

Sometimes a picture is worth a thousand words. The same could be said for seeing your complete financial picture. With Wells Fargo Account Aggregator, you're able to see both your Wells Fargo and non-Wells Fargo accounts on one easy-to-use platform.

Using this secure, clean, and easy-to-navigate site you can:

 Connect your assets, liabilities, and more in one location

 View your total portfolio and net worth

 Review daily updated account balances

Visit the link below to learn more about this useful feature included with your online access.

                                       How to use Account Aggregator 

There are a lot of options for how and when to take Social Security benefits and understanding all your options can be complicated. The decision you make could be worth thousands of dollars over time.

That’s why we are offering some Social Security Facts at the link below. It will walk you through what questions you should ask before claiming, that will help you better understand which Social Security strategy is right for you.

 

Social Security FAQs 

Understanding the Program’s Complexities

The federal government administers the Medicare insurance program to help seniors afford health care. To fully benefit from the program, you need a grasp of its complexities.

Please contact us for a copy of ‘Medicare – Understanding the Complexities’ which contains information about:

• Hospital Insurance (Part A)

• Medical Insurance (Part B)

• Medicare Advantage (Part C)

• Prescription Drug Plan (Part D)