Billy Amberg
Paying Your Kids: Work Ethic and Tax Deductions
Click here to talk to Bloomwood about your finances. Imagine this: You bring your child into the family business, not just to teach them...
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These blogs are our thoughts on investing, markets, life, and seeking truth. My goal is to re-post helpful content, explore ideas, concepts, and prompts in a simple format that prioritizes actionable, helpful insight. We will also explore our own successes and failures as a firm in order to simultaneously promote transparency and our brand of no B.S., simple advice and investing.
Billy Amberg
- Jun 2
- 5 min
Roth Conversions Primer
Click here to talk to Bloomwood about your finances. Here's a cool Roth Conversion calculator! See how much this could mean to you! A...
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Billy Amberg
- Jun 2
- 5 min
Understanding Qualified Small Business Stock (QSBS)
Click here to talk to Bloomwood about your finances. Qualified Small Business Stock (QSBS) is a special category of stock that offers...
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Billy Amberg
- Jun 2
- 6 min
Deferred Sales Trust Primer
Click here to talk to Bloomwood about your finances. Basics There's a useful tool that many asset owners leverage called a Section 453...
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Billy Amberg
- May 13
- 4 min
Harnessing the Benefits of Backdoor Roth IRA Contributions
In the world of retirement planning, where tax efficiency and growth potential are paramount concerns, the Backdoor Roth IRA strategy...
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Billy Amberg
- May 12
- 4 min
The Hidden Costs: Administrative Fees in Retirement Plans
As we navigate the complexities of investing and saving for retirement, it’s crucial to address a topic that often goes unnoticed yet...
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Billy Amberg
- May 12
- 4 min
Demystifying the Myths of 529 College Savings Plans
When it comes to saving for education, 529 plans are a popular option, yet they are often misunderstood. Here, we dispel some common...
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Billy Amberg
- May 12
- 3 min
The 401(k) Needs to Evolve
As we navigate the complex landscape of retirement planning, it’s become increasingly clear that the traditional 401(k) plans, while...
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Billy Amberg
- May 12
- 3 min
Demystifying Goal-Based Investing: A Common-Sense Approach
In the world of investing, there’s a strategy that’s gaining traction, and it’s all about aligning your financial resources with your...
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Billy Amberg
- May 5
- 4 min
Unlocking the Power of Deferred Sales Trusts: Mitigating Taxes on Major Asset Sales
What is a Deferred Sales Trust? For business owners and investors looking to sell highly appreciated assets like a company or real...
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Billy Amberg
- May 5
- 4 min
Navigating Complex Family Dynamics in Estate Planning: Strategies and Considerations
Estate planning is a crucial process that requires careful consideration, especially in families with unique dynamics and potential...
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Billy Amberg
- May 1
- 3 min
Maximizing Your Retirement Savings: The Role of Roth Conversions and the Guidance of a Financial Advisor
Introduction: As individuals plan for retirement, the concept of Roth conversions has gained increasing attention for its potential to...
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Billy Amberg
- Apr 26
- 4 min
Exploring the Benefits and Mechanics of Direct Indexing
In the world of investing, where every penny counts and every strategy is scrutinized, direct indexing has emerged as a compelling...
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Billy Amberg
- Apr 26
- 5 min
Maximizing Returns: The Art of Tax Loss Harvesting
Tax loss harvesting is a strategy employed by investors to optimize their tax liabilities while maintaining their investment portfolios....
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Billy Amberg
- Apr 22
- 4 min
The Intelligent Policyholder’s Guide to Life Insurance Liquidity
Options for Withdrawing Cash Value When it comes to life insurance, the cash value of a policy is like a fine wine cellar. It’s been...
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Billy Amberg
- Apr 8
- 3 min
Single w/ $7MM+ or Married w/ $14MM+? You might have a taxable estate soon.
1. What Is the Estate Tax? The estate tax, often referred to as the “death tax,” is a federal tax imposed on the total value of a...
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Billy Amberg
- Mar 7
- 3 min
Surprised with a tax bill? Update your withholdings.
In the realm of personal finance, few things cause as much anxiety as an unexpected tax bill. It’s a common scenario: you file your taxes...
27 views0 comments
Billy Amberg
- Mar 5
- 3 min
Seize the Day: The Crucial Timing of Financial Planning
Click here to talk to Bloomwood about your finances. When it comes to financial planning, the old proverb “better late than never”...
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Billy Amberg
- Mar 3
- 4 min
The Safer Harbor: Brokerage Accounts Beat Bank Accounts
In the world of personal and business finance, the traditional advice has often leaned towards the perceived safety of banks. However, a...
17 views0 comments
Billy Amberg
- Mar 1
- 3 min
Effective Communication Between Beneficiaries and Trustees
Click here to talk to Bloomwood about your finances. Trusts play a vital role in managing assets, providing for beneficiaries, and...
5 views0 comments
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