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# Financial Journey LLC

## Sitemaps

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## Posts

- [Why Did I Start My Business?](https://www.financialjourneyllc.com/2023/07/24/why-did-i-start-my-business/) - I started Financial Journey LLC at the beginning of 2021. There were several reasons why I started my own business (during a pandemic!): Health Event In June of 2020 we had a major health event in my immediate family that could have ended much worse than it did. When you have a scare like that,
- [What Insurance Do My Accounts Have?](https://www.financialjourneyllc.com/2023/04/07/what-insurance-do-my-accounts-have/) - Currently there are two main forms of insurance for your accounts: FDIC and SIPC. FDIC is for your bank accounts and SIPC is for your investment accounts. FDIC The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the US government that provides deposit insurance to protect depositors in case of bank failures.
- [Are You Surprised With Your Tax Return?](https://www.financialjourneyllc.com/2023/03/13/are-you-surprised-with-your-tax-return/) - While it is common for people to be surprised with their tax return results, ideally, you should not be surprised with your tax return results. There are several things you can do to help minimize surprises and ensure that you have a good understanding of your tax liability: Tax Planning Keep Track of Your Income
- [Tax Planning at Different Stages](https://www.financialjourneyllc.com/2023/02/13/tax-planning-at-different-stages/) - It’s February and now you are receiving all of your tax forms because it’s tax time again. Completing your tax return each year is essentially a true-up to make sure you paid your share of income taxes. Because you are accounting for the previous calendar year, there are not too many things you can do
- [Secure Act 2.0](https://www.financialjourneyllc.com/2023/01/05/secure-act-2-0/) - Here are some of the highlights of Secure Act 2.0 as it relates to personal finances: Required Minimum Distribution (RMD) Starting Age Is Getting Pushed Back Again In 2020, the Secure Act changed the starting age for RMD’s to age 72. Secure Act2.0’s new starting age will be 75-but there’s a phase in. Here’s what
- [Wrapping Up The Year](https://www.financialjourneyllc.com/2023/01/05/wrapping-up-the-year/) - It’s that time of year again. Holidays are approaching and the end of the year is winding down. Before you get in full on holiday mode, make sure you wrap up any loose ends before the end of the year so that you can spend your time relaxing and being present with your loved ones.
- [How I Choose a Health Plan](https://www.financialjourneyllc.com/2022/11/22/how-i-choose-a-health-plan/) - It’s that time of year again when employees must renew their employee benefits and health insurance is always top of mind. Your company may or may not have made any changes, but it is important to note that there are certain things that must be elected each year and are not automatic, such as Flex
- [RMD’s (Required Minimum Distributions)](https://www.financialjourneyllc.com/2022/11/28/rmds-required-minimum-distributions/) - We are approaching the end of the year, and this is when you start hearing people mention RMD’s because they need to be satisfied by the end of the tax year—December 31st. What are they? RMD’s are distributions that you must take from a retirement account. Essentially, the government has given you (or the account
- [Emergency Fund and Interest Rates](https://www.financialjourneyllc.com/2022/11/28/emergency-fund-and-interest-rates/) - Are your interest rates increasing? Have you looked at the interest rate for your emergency fund and savings accounts lately? These rates can change on a monthly basis. With interest rates increasing recently, it is important to check your own accounts to make sure your interest rate is increasing as well. When interest rates were
- [Investment Risk](https://www.financialjourneyllc.com/2022/10/28/investment-risk/) - The reason we make investments is to grow our hard-earned money. With investing, there comes risk. There are different types of risk associated with different types of investments. Generally, the more risk you take on, the higher your return should be. This volatility is the price you pay for the return you expect. Past performance
- [Moving Checklist](https://www.financialjourneyllc.com/2022/10/20/moving-checklist/) - Whether you're moving across the country or to a neighboring town, just the thought of moving is enough to make anyone feel overwhelmed. When you're ready to move, don't forget that a plan is key. As someone who has recently moved, I have put together this helpful checklist for you so that your experience can
- [$10K Federal Student Loan Forgiveness Announced](https://www.financialjourneyllc.com/2022/09/16/10k-federal-student-loan-forgiveness-announced/) - This is going to be short post because we do not have the details yet. President Biden announced on August 24th that he is authorizing $10K of student loan forgiveness. Here’s what we know: To qualify for this forgiveness: Income must be less than $125Kfor Singles or $250K for Head of Household or Married Filing
- [Personal Inflation Rates](https://www.financialjourneyllc.com/2022/08/18/personal-inflation-rates/) - There’s a lot of talk about inflation right now because the most recent inflation number was over 9%! However, this doesn’t mean that everything you spend money on has gone up nine percent. That’s where we get into personal inflation rates. Your personal inflation rate has to do with how you spend your money. According
- [How Much Money it Takes to Purchase a Home](https://www.financialjourneyllc.com/2022/08/08/how-much-money-it-takes-to-purchase-a-home/) - Buying a home is the American Dream and it is also the largest purchase we will make during our lives. Buying a home isn’t quite as simple as having a down payment and getting a loan. There are several pieces to the puzzle, especially when you are obtaining a mortgage. The goal in this post
- [Financial Advisor vs. Financial Planner--is there a difference?](https://www.financialjourneyllc.com/2022/07/18/financial-advisor-vs-financial-planner-is-there-a-difference/) - You've decided it's time to seek professional help with your finances. But you ask yourself, what is the difference between a financial advisor and a financial planner? There isn’t really a distinction between one or the other. Some firms have specific titles, such as Financial Advisor, but the real question doesn’t have to do with
- [5 Questions You Should Ask When Hiring a Financial Advisor](https://www.financialjourneyllc.com/2022/07/12/5-questions-you-should-ask-when-hiring-a-financial-advisor/) - Finding the right Financial Advisor for the job is so important! You need someone who is trustworthy, competent, and affordable. Questions To Ask Yourself Before you interview a financial advisor, you need to ask YOURSELF a few questions: What are you looking for in a financial advisor? What services do you need? What are you
- [What Is Rebalancing?](https://www.financialjourneyllc.com/2022/07/08/what-is-rebalancing/) - When we speak of rebalancing in the investment world, we are referring to balancing your investment allocations back to where you started. For example, if I invested $100 and I wanted to be $50 in stocks and $50 in bonds, I would invest the money and make the trades accordingly. My 50% stock allocation and
- [Why women need to be proactive about their finances after divorce](https://www.financialjourneyllc.com/2022/06/10/why-women-need-to-be-proactive-about-their-finances-after-divorce/) - Divorce is definitely not easy, but sometimes it is necessary and it can have a huge impact on women and their finances. Even though women are the ones who initiate divorce 69% of the time (according to Stanford University), there are high emotions and a lot of uncertainty. How will your life change? Your kid’s
- [Inflation](https://www.financialjourneyllc.com/2022/01/24/inflation/) - Inflation is the general increase in price level which corresponds to a reduction in purchasing power. Why do we care about it? We care about inflation because our dollars buy less. For example, remember when you could buy a gallon of gas for $1? Now it’s $3 a gallon. The same amount of money that would fill out tanks up will only fill up one third of a tank now!
- [Guide to Achieving Financial Independence for Women](https://www.financialjourneyllc.com/2022/05/09/guide-to-achieving-financial-independence-for-women/) - Financial independence is the ability to support oneself financially without assistance. Financial independence is an important goal for people of all backgrounds, but it is crucial for women who continue to be disadvantaged in the job market. Money management skills and financial awareness can give women more confidence to invest and save for their future. 
- [Tax Planning](https://www.financialjourneyllc.com/2022/05/02/tax-planning/) - It's hard to believe that we're already winding down the first quarter of 2022, it's important to start thinking about your tax planning. While there are many things that can be done to reduce your taxable income, there are a few key steps that should be at the top of your list. Did you know we offer annual tax planning?
- [How Interest Rates and Mortgages Affect Each Other](https://www.financialjourneyllc.com/2022/04/28/how-interest-rates-and-mortgages-affect-each-other/) - Interest rates can have a big impact on your monthly mortgage payment. One item that will come up when you borrow money for a mortgage is the interest rate. Interest rates can affect your monthly mortgage payment and, in turn, will affect how much money you have each month to pay other bills, buy food, Interest rates can have a big impact on your monthly mortgage payment. One item that will come up when you borrow money for a mortgage is the interest rate. Interest rates can affect your monthly mortgage payment and, in turn, will affect how much money you have each month to pay other bills, buy food, travel, and pay for entertainment.
- [Market Crashes & Sudden Swells: 3 Ways to Surf the Waves and not Drown](https://www.financialjourneyllc.com/2022/04/25/market-crashes-sudden-swells-3-ways-to-surf-the-waves-and-not-drown/) - Does the thought of a 10% stock market drop make your stomach drop? Maybe you recall the jitters and anxiety when the last crash came through, and you watched the value of your investments fall...and fall...and keep falling.
- [How is my ESPP Taxed?](https://www.financialjourneyllc.com/2022/03/31/how-is-my-espp-taxed/) - Some employees that work for large companies have an employee benefit where they can purchase company stock at a discount. This is known as an Employee Stock Purchase Plan (ESPP).
- [7 Questions to Test Your Knowledge of Bull & Bear Markets](https://www.financialjourneyllc.com/2022/03/07/7-questions-to-test-your-knowledge-of-bull-bear-markets/) - Which is more common: a bull market or a bear market?
- [How Am I Doing?](https://www.financialjourneyllc.com/2022/02/21/how-am-i-doing/) - When I meet with people inquiring about my services, the most common thing that clients want to know is ‘how they are doing.’ This is not a question that I can really answer. Why? Because how someone is doing is relative to the outcome they are hoping to achieve.
- [Deductions vs. Credits on Your Tax Return](https://www.financialjourneyllc.com/2022/02/14/deductions-vs-credits-on-your-tax-return/) - Now that tax season is in full swing and we are all preparing out tax return, you are probably seeing the words deductions and credits. What are they and how do they work?
- [Pre-retirement vs. Retirement Income Taxation](https://www.financialjourneyllc.com/2022/02/07/pre-retirement-vs-retirement-income-taxation/) - When thinking about taxes in retirement—surprise you still must pay taxes in retirement—most people look at their pay stubs and see how much they are paying in taxes. However, there are some taxes on your paystubs and W-2 that you do not have to pay.
- [Tax Time!](https://www.financialjourneyllc.com/2022/01/31/tax-time/) - We are now in January of 2022, which means you have to start thinking about completing your taxes for 2021. Your W-2’s and 1099’s are required to be sent to you by the 31st of January, but other forms have more time to be issued and may have multiple versions due to corrections.
- [What is a Comprehensive Financial Plan?](https://www.financialjourneyllc.com/2022/01/17/what-is-a-comprehensive-financial-plan/) - A comprehensive financial plan covers all financial areas of your life. You must know where you are now before you can figure out where you are going.
- [Treasury I-Bonds](https://www.financialjourneyllc.com/2022/01/10/treasury-i-bonds/) - Recently Treasury I-Bonds have received a lot of press. It makes sense in this low interest rate environment why they would be talked about-a government bond paying an annualized rate of 7.12%!
- [Intentions & Goals for the new year](https://www.financialjourneyllc.com/2022/01/03/intentions-goals-for-the-new-year/) - Intentions & Goals for the New Year - Happy New Year! What are your intentions for this year? Is there something specific you really want to make happen?
- [Rest, Relax and recharge](https://www.financialjourneyllc.com/2021/12/27/rest-relax-and-recharge/) - "Sometimes the best solution is to rest, relax and recharge. It’s hard to be your best on empty." –Sam Glenn This is the last week of 2021. There’s not much going on in the US during this week between Christmas and New Year’s. I hope everyone has the opportunity to visit with loved ones and,
- [Give Smarter and Make a Greater Impact with Philanthropy](https://www.financialjourneyllc.com/2021/12/20/give-smarter-and-make-a-greater-impact-with-philanthropy/) - What inspires you to give? Most of us give for the same basic reasons. We want to help others, make a positive difference in the world—and giving feels good. It makes us happy and connects us to the causes we care about. Studies show that most charitable folks give according to their values or to support causes they care about. But they don’t always have a strategy around giving or a way to monitor for impact.
- [How to Pay for Travel](https://www.financialjourneyllc.com/2021/12/13/how-to-pay-for-travel/) - I absolutely love to travel. I even have different folders in my email for reservations and plane tickets. These folders are rarely empty because I love having a trip to look forward to. Travelling is not cheap when you think about hotels, airfare, eating every meal out, car rentals and spending money for sightseeing. People approach budgeting for travel in different ways-some save up and purchase everything at once; others pay for things along the way.
- [Financial Planning-is it Easy?](https://www.financialjourneyllc.com/2021/12/06/financial-planning-is-it-easy/) - Over the years I have gained lots of experience in financial planning with seeing so many different scenarios-not one person’s situation is the same. Also, the CFP(R) curriculum consists of an education piece that really lays out a great framework in the Financial Planning process. When you start with a good framework that has pieces that can be replicated and add real life situations to this framework, it becomes second nature.
- [Capital Gains Distributions](https://www.financialjourneyllc.com/2021/11/29/capital-gains-distributions/) - As we are approaching the end of the tax year, you may start seeing some capital gains distributed by some of the investments you hold-mainly mutual funds.
- [What Are you Grateful For?](https://www.financialjourneyllc.com/2021/11/22/what-are-you-grateful-for/) - It is Thanksgiving week and I thought it would be nice to step away from talking about money and finances and be grateful for the people and things in our lives that money cannot buy. I’ll start. I have so much abundance in my life that I am grateful for. I could not ask for
- [IRA’s With Alternative Assets And The IRS Crackdown](https://www.financialjourneyllc.com/2021/11/15/iras-with-alternative-assets-and-the-irs-crackdown/) - You may have seen headlines recently about proposals to crack down on IRA’s with large balances and alternative assets. More specifically, Paypal founder Peter Theil has really been in the spotlight with his ROTH IRA balance of $5 billion due to the appreciation of his Paypal stock and then subsequent investments.
- [Charitable Giving](https://www.financialjourneyllc.com/2021/11/08/charitable-giving/) - If you are charitably inclined, what is the most tax efficient way to give to those charities? Let us start with standard deduction versus itemized deductions. Your itemized deductions must exceed your standard deduction for any tax benefit. There is a caveat for 2021, cash donations up to $300 for single filers and $600 for Married Filing Joint are allowed as above the line deductions.
- [Year End Planning](https://www.financialjourneyllc.com/2021/11/01/year-end-planning/) - Wow, I cannot believe it is November already. This means the winter holidays are approaching, cooler weather is coming and so is the end of the tax year. Following is a list of items to consider when wrapping up the year:
- [What Do Women Want In Finance?](https://www.financialjourneyllc.com/2021/10/26/what-do-women-want-in-finance/) - According to the Forbes article, “The Four Things Women Want (in Financial Services),” women want the following: - more confidence with their finances, more convenience, better communication, and better collaboration.
- [The FIRE Movement - Or choices?](https://www.financialjourneyllc.com/2021/10/18/the-fire-movement-or-choices/) - Let’s start with what FIRE stands for—Financial Independence, Retire Early. Isn’t this what everyone wants? I have a theory about how this movement started. There has been a lot of research in the financial planning space and trying to figure out how much you need in investment assets and how much you can take out over the course of your retirement (safe withdrawal rate) without running out of money.
- [How to Choose a Self-Employed Retirement Plan](https://www.financialjourneyllc.com/2021/10/11/how-to-choose-a-self-employed-retirement-plan/) - The first step to deciding which retirement plan to choose for your self-employment income is figuring out the amount that you think you will be able to contribute. From that point, then you can choose which vehicle may work best for you.
- [What is Tax Planning?](https://www.financialjourneyllc.com/2021/10/04/what-is-tax-planning/) - Tax planning is considering your whole situation and making any necessary changes or decisions before the tax year is complete. Think of it as forward looking. When you prepare your tax return, you are looking backwards at things that have already happened and figuring out any credits or deductions that you can take based on things you cannot change.
- [What Happens if you Die without a Will?](https://www.financialjourneyllc.com/2021/09/27/what-happens-if-you-die-without-a-will/) - Many of our clients don’t know what probate is, and that isn’t necessarily a bad thing. If you’ve never had a loved one die, you may never have experienced it. Probate is the legal process by which a will is validated. If there’s no will, it’s the legal process of settling a person’s affairs. In other words, if you didn’t write your own will, the state has one for you.
- [Estate Plans: Not Just for the Wealthy](https://www.financialjourneyllc.com/2021/09/20/estate-plans-not-just-for-the-wealthy/) - There are several misconceptions about estate planning. For instance, many people think you need to be ultra-wealthy to create one, or that they are only relevant to parents with young kids and senior citizens.
- [Financial Plan vs. Estate Plan-What’s the Difference?](https://www.financialjourneyllc.com/2021/09/13/financial-plan-vs-estate-plan/) - A Financial Plan is a look at your current financial health and a map to help you reach your goals. It looks at income, expenses, assets, and debt. If you keep all four of these in balance, you should have enough money to invest in a way that matches your risk tolerance. A well-designed plan puts you on track to reach your goals.
- [HSAs as a Supplement to Retirement Savings](https://www.financialjourneyllc.com/2021/09/06/hsas-as-a-supplement-to-retirement-savings/) - Health Savings Accounts (HSA’s) are not a new thing, but many people still are not that familiar with how they work. Flex Spending Accounts (FSA’s) are still around and there is still confusion between the two because they do have similarities. One of the biggest differences between the two types of accounts is that the HSA does not have to be used by a specific time. (With FSA’s you have specific time to use the money for medical expenses or you lose it).
- [IRA Beneficiary Designations](https://www.financialjourneyllc.com/2021/08/30/ira-beneficiary-designations/) - As you may know, the Secure Act put an end to the Stretch IRA. The stretch IRA is the ability to stretch the IRA distributions over the beneficiaries’ lifetime. Let us look at the new rules to see how this may impact your current situation.
- [What Happens To Your Accounts At Death?](https://www.financialjourneyllc.com/2021/08/23/what-happens-to-your-accounts-at-death/) - Typically, all retirement accounts have named beneficiaries and do not go through your will. That being said, you do have to name the beneficiaries. If you do not have named beneficiaries, then most likely, the account will pass by your will. If you do not have a will—then the state you live in dictates what happens.
- [Leaving your 401k After Separation From Employment](https://www.financialjourneyllc.com/2021/08/16/leaving-your-401k-after-separation-from-employment/) - There are pros and cons to leaving your 401k plan with your previous employer that should be evaluated before any moves are made. This is not an exhaustive list, just some main points to get you thinking about things that are involved.
- [ROTH IRA's - Why the Hype?](https://www.financialjourneyllc.com/2021/08/09/roth-iras-why-the-hype/) - There has been a lot of talk in the media recently about ROTH IRA’s, Backdoor ROTH IRA’s, and Mega Backdoor ROTH IRA’s? The biggest reason for this is because we are in such a low tax environment. Do we know what the tax landscape will look like when we need the money? No, but we do know that now we are dealing with low rates, and we can choose to pay these low rates and deal with what we do know.
- [Fee Only vs Fee Based](https://www.financialjourneyllc.com/2021/08/02/fee-only-vs-fee-based/) - You've probably heard of fee-only financial advisors. But what does this mean? When you invest with a fee only advisor, you can be confident that your best interests are their priority because there's no incentive to push products or services just to make money.
- [Tips for Keeping Your Home WiFi Secure](https://www.financialjourneyllc.com/2021/07/26/tips-for-keeping-your-home-wifi-secure/) - With so many devices connecting to your home wifi and all the "smart" devices that are coming out, you're more exposed than ever. This post will teach you how to keep your home network secure.
- [Cybersecurity and your accounts](https://www.financialjourneyllc.com/2021/07/19/cybersecurity-and-your-accounts/) - This digital world has brought us all kinds of conveniences to our lives. Like all things, it does come with some obstacles such as cybersecurity. I was at a conference a few years ago and attended a Cybersecurity session because I saw that they were discussing the dark web and I was quite curious. In this session, I found out that in other countries hackers go to a place of work and have normal 9-5 jobs where they go there to hack and do illegal things. This blew my mind. So, the next time you get a spam call, just think that they are probably sitting at their day job!
- [Buying or Selling Your Home](https://www.financialjourneyllc.com/2021/07/12/buying-or-selling-your-home/) - With interest rates so low, many people are taking advantage of this time and buying new homes so that they can lock in a low mortgage rate for 30 years. The advantage to locking in a low interest rate when purchasing (or refinancing) is that the principal and interest is fixed. You may have seen
- [Refinance](https://www.financialjourneyllc.com/2021/07/05/refinance/) - Interest rates are low and house prices are soaring—so, should you refinance? What Factors Should You Consider? There are many factors involved in the refinancing decision—your current interest rate and term, where you are in the lifecycle of your loan, what loan you want to apply for, the cost to refinance, your breakeven for recouping
- [Biden's Tax Plan](https://www.financialjourneyllc.com/2021/06/28/bidens-tax-plan/) - Following are some highlights from Biden's Tax Plan. Some have been enacted with proposals for extension and others are still proposals. Child Tax Credit Enacted for 2021 (starts phasing out for single tax filers at $75K and married filing joint at $150K) $3600 for children under 6 $3000 for children ages 6-17 (previously children aged
- [Health Savings Account](https://www.financialjourneyllc.com/2021/06/21/health-savings-account/) - A Health Savings Account (HSA) is an account that you can fund for medical expenses when you are enrolled in a high deductible health plan. This can be a great tool to pay for medical expenses tax free. A high deductible health plan has certain parameters to meet in order to qualify. If you are a healthy individual and rarely go to the doctor, this is a great savings tool for you.
- [Long Term Care Insurance](https://www.financialjourneyllc.com/2021/06/14/long-term-care-insurance/) - Long Term Care Insurance provides a benefit for your long-term care as you age. Long term care is the care you need when you cannot perform your activities of daily living (ADL’s). There are six ADLs associated with long term care. They are bathing, dressing, eating, transferring, toileting and continence. Usually, your long-term care insurance kicks in after you cannot perform two ADL’s or memory care issues.
- [Disability Insurance](https://www.financialjourneyllc.com/2021/06/07/disability-insurance/) - Do you need disability insurance? Would you want to protect your largest asset? If so, then I would say yes, you need disability insurance. Your largest asset during your working years is your ability to make money. According to the Council for Disability Awareness, more than one in four of today’s 20-year old’s will be out of work for at least a year due to a disability before they reach full retirement age. That is an alarming statistic.
- [Life Insurance](https://www.financialjourneyllc.com/2021/06/01/life-insurance/) - Why do you need Life Insurance? Not everyone does need life insurance. You need to think about your current situation. For example, if you own a home with your spouse and you pass away tomorrow, would you want to make sure your spouse has enough money to not worry about the mortgage payment? What if you have kids—would you want to make sure there are some assets available for childcare while your spouse works in addition to having funds for the mortgage payment?
- [Emergency Fund - How Much?](https://www.financialjourneyllc.com/2021/04/21/emergency-fund-how-much/) - Your Emergency Fund is your savings account that has no risk to principal—so it’s in cash. The purpose of your Emergency Fund is just as it sounds-for emergencies! Emergencies can be losing a job, unexpected home repair, illness, major car repair or your pet needs surgery—really anything that is completely unexpected.
- [529 Plan For College Savings](https://www.financialjourneyllc.com/2021/04/14/529-plan-for-college-savings/) - If you have kids and saving for their college is on your mind, I am sure you have heard of a 529 College Savings Plan. A 529 plan (named from the Internal Revenue Code Section 529) can be a great tool to help you save for those college years. Do you know there are 2 types of 529 plans? The 2 different types are a Pre-paid plan and a Savings Plan.
- [Are you self-employed?  What are your retirement plan options?](https://www.financialjourneyllc.com/2021/03/15/are-you-self-employed-what-are-your-retirement-plan-options/) - You’ve built your business up and now you are at the point of having excess income and you think you should start saving some for retirement.
- [IRA vs. ROTH IRA](https://www.financialjourneyllc.com/2021/03/01/ira-vs-roth-ira/) - Whether you are preparing your income taxes yourself or you have hired someone to do them for you, you will most likely be seeing the question asking if you contributed to an IRA or ROTH IRA for the previous tax year. By the way, you have until April 15th to make that contribution for the
- [What are Deductions?](https://www.financialjourneyllc.com/2021/02/19/what-are-deductions/) - I get this question a lot: “Can’t I just deduct that expense on my taxes?” My answer to this question, 9 times out of 10, is that it depends. Let us look at some basic concepts on your personal income taxes and your self-employed income below. Standard vs. Itemized Deductions You have your standard deduction
- [What tax forms do I need to complete my taxes?](https://www.financialjourneyllc.com/2021/02/04/what-tax-forms-do-i-need-to-complete-my-taxes/) - It’s that time of year again and you are probably getting lots of emails or mail with different tax forms. What are the different tax forms you need and what exactly are they? Below is a list of common forms that you will need to include for your taxes:

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- [Home](https://www.financialjourneyllc.com/) - Helping Women GainConfidence And Clarity InYour Financial Footing I help YOU take small money actions now to reduce stress and have more savings later. Let's Talk Creating Your Customized Road Map To Financial Success On YOUR Terms Financial Road Map — We Work Together To Select Specific Areas To Cover Which May Include, But Is
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- [Blog](https://www.financialjourneyllc.com/blog/) - Blog Topics Why Did I Start My Business? > Read More What Insurance Do My Accounts Have? > Read More Are You Surprised With Your Tax Return? > Read More Tax Planning at Different Stages > Read More Secure Act 2.0 > Read More Wrapping Up The Year > Read More RMD’s (Required Minimum Distributions)
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## Categories

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- [Short term disability insurance](https://www.financialjourneyllc.com/category/short-term-disability-insurance/)
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## Tags

- [1040](https://www.financialjourneyllc.com/tag/1040/)
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- [charitable contributions](https://www.financialjourneyllc.com/tag/charitable-contributions/)
- [charity](https://www.financialjourneyllc.com/tag/charity/)
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- [savings](https://www.financialjourneyllc.com/tag/savings/)
- [schedule 1](https://www.financialjourneyllc.com/tag/schedule-1/)
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- [state tax](https://www.financialjourneyllc.com/tag/state-tax/)
- [stock market](https://www.financialjourneyllc.com/tag/stock-market/)
- [stocks](https://www.financialjourneyllc.com/tag/stocks/)
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- [tax](https://www.financialjourneyllc.com/tag/tax/)
- [tax planning](https://www.financialjourneyllc.com/tag/tax-planning/)
- [taxes](https://www.financialjourneyllc.com/tag/taxes/)
- [travel](https://www.financialjourneyllc.com/tag/travel/)
- [trust](https://www.financialjourneyllc.com/tag/trust/)
- [vacation](https://www.financialjourneyllc.com/tag/vacation/)
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- [w2](https://www.financialjourneyllc.com/tag/w2/)
- [will](https://www.financialjourneyllc.com/tag/will/)
- [women finances](https://www.financialjourneyllc.com/tag/women-finances/)
- [mortgage](https://www.financialjourneyllc.com/tag/mortgage/)
- [interest](https://www.financialjourneyllc.com/tag/interest/)
- [interest rates](https://www.financialjourneyllc.com/tag/interest-rates/)
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- [divorce](https://www.financialjourneyllc.com/tag/divorce/)
- [trading](https://www.financialjourneyllc.com/tag/trading/)
- [portfolio](https://www.financialjourneyllc.com/tag/portfolio/)
- [fiduciary](https://www.financialjourneyllc.com/tag/fiduciary/)
- [appraisal](https://www.financialjourneyllc.com/tag/appraisal/)
- [loans](https://www.financialjourneyllc.com/tag/loans/)
- [treasury](https://www.financialjourneyllc.com/tag/treasury/)
- [health insurance](https://www.financialjourneyllc.com/tag/health-insurance/)
- [hsa](https://www.financialjourneyllc.com/tag/hsa/)
- [fsa](https://www.financialjourneyllc.com/tag/fsa/)
- [Required Minimum Distribution](https://www.financialjourneyllc.com/tag/required-minimum-distribution/)
- [RMD's](https://www.financialjourneyllc.com/tag/rmds/)
- [deductibles](https://www.financialjourneyllc.com/tag/deductibles/)
- [gifting](https://www.financialjourneyllc.com/tag/gifting/)
- [employee benefits](https://www.financialjourneyllc.com/tag/employee-benefits/)
- [RMD](https://www.financialjourneyllc.com/tag/rmd/)
- [employer plans](https://www.financialjourneyllc.com/tag/employer-plans/)
- [simple ira](https://www.financialjourneyllc.com/tag/simple-ira/)
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- [contributions](https://www.financialjourneyllc.com/tag/contributions/)
- [tax liability](https://www.financialjourneyllc.com/tag/tax-liability/)
- [fdic](https://www.financialjourneyllc.com/tag/fdic/)
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