Asset values can sometimes leave beneficiaries subject to large capital gains taxes on inherited assets. One way that beneficiaries can reduce their exposure to capital gains tax is through the "stepped up" basis process. Read on to discover more....
MCF is pleased to announce it has been named number 16 in the Kentucky Chamber of Commerce’s Best Places to Work in Kentucky - Small Business Category. This is the fifth straight year that MCF has been honored with a top 20 place on the list.
Join Kris Kellinghaus, CFA, CAIA, CFP®, MCF's Director of Investments & Chief Investment Officer, as he shares an update on economic activity, Fed Policy, and an outlook on earnings and GDP in the future.
MCF Advisors is pleased to announce that Clare Lang will be expanding her role within the company. Clare has been promoted to Senior Retirement Plan Consultant, supporting our Institutional clients.
MCF Advisors is pleased to announce that Matt Rose, CFP® will be expanding his role within the company. Matt has been promoted to Retirement Plan Consultant, supporting our Institutional Service Clients while he continues to serve as a Financial Advisor with MCF.
Social Security income is designed to replace a percentage of a worker’s pre-retirement income in order to get them through retirement securely. While the significance of Social Security may differ with each retiree’s circumstances, it is nevertheless important to understand how this benefit is taxed. In this article, we will explore what makes Social Security taxable and what amount you can expect to pay taxes on.