How Will Working Affect Social Security Benefits?
Jul 1, 2024Article
In a recent survey, 73% of current workers stated they plan to work for pay after retiring.
Kelley & Mullis Financial Updates
Written material is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary, therefore, the information should be relied upon when coordinated with individual professional advice.
Your Emergency Fund: How Much Is Enough?
May 16, 2024Article
Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then, as you’re driving to work, you see smoke coming from under your hood.
The Great Debate Continues: Active vs. Passive
April 4, 2024Article
Whether it’s sports, music, or politics, life holds any number of “great debates”– debates that never seem to reach a conclusion. In investments, that great debate asks the question, “Active or Passive Investing: Which is Better?”
Estate Management Checklist
February 5, 2024Article
A will enables you to specify who you want to inherit your property and other assets. A will also enables you to name a guardian for your minor children. Do you have healthcare documents in place? Healthcare documents spell out your wishes for health care if you become unable to make medical decisions for yourself.
Debt Stress
August 15, 2023Article
The average American owes $59,580 in debt. Of that $59,580, $41,830 is from mortgage debt, $5,640 is from student loans, and $5,470 is from auto loans. Little wonder that money worries can be a major cause of stress.
Do Your Kids Know The Value of a Silver Spoon?
July 10, 2023Article
You taught them how to read and how to ride a bike, but have you taught your children how to manage money?
3 Major Retirement Hazards to Avoid
April 6, 2023Article
Retirement planning is atricky process, one that requires careful planning and patience. But even if you have a retirement plan with a clear set of financial and lifestyle goals, it’s important to be aware of several common missteps that many fall victim to.
3 Major Retirement Hazards to Avoid
April 6, 2023Article
Retirement planning is atricky process, one that requires careful planning and patience. But even if you have a retirement plan with a clear set of financial and lifestyle goals, it’s important to be aware of several common missteps that many fall victim to.
Michael Mullis featured on Business Alabama Podcast
February 24, 2023In The Press
Kelley & Mullis Wealth Management partner, Michael Mullis, was recently featured on Business Alabama's podcast, sharing his insight on how to navigate today's unprecedented economy. Michael brings over 25 years of wealth management experience to Kelley & Mullis Wealth Management.
Creating Your Legacy
January 9, 2023Article
Fewer things are more reliable than Tax Day, even if the deadline has shifted around a bit in recent years. This year, it’s April 18th for most taxpayers, and recent legislation changes include substantial increases to standard deduction amounts and modifications to itemized deductions. Also, if you’ve reached age 72, you generally must start taking withdrawals from your qualified retirement plan. Your Required Minimum Distribution (RMD) will be reported as taxable income except for any part that was taxed before (your basis) or that can be received tax-free (such as qualified distributions from designated Roth accounts) so be sure to include that information on your return, if applicable.