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James McEnerney Kansas City

Sportsman James McEnerney of Kansas City Makes Good Business

The fact that James McEnerney of Kansas City is a sports enthusiast is good news for your business. Fear is the enemy of your financial planner. James McEnerney prides himself on providing sound, yet vigorous financial advice for his clientele. As the Director of Marketing at the McEnerney Group, he has had an extensive career in financial planning. This background coupled with his sportsmanlike attitude makes him an awe-inspiring force.

James McEnerney of Kansas CityJames McEnerney of Kansas City has not let the current COVID-19 outbreak slow down his business practice. In fact, James McEnerney continues to craft newsletters for his clientele. He brings a punch of laughter along with the stock market news. A recent newsletter entitled “Opportunity is Ugly” is a fresh look at current trends. He encourages his clients to move bullishly through this period of time. Financially, opportunity is present with the stock market. Unfortunately, it is due to how the COVID-19 outbreak is challenging the world’s financial markets.

James McEnerney of Kansas City feels that “No risk – really does mean no reward”. As part of his newsletter, he includes a Fear and Greed index. The information is current and keeps investors apprised of the latest updates. This makes his clients feel comfortable trusting his financial acumen, as well as gaining a keen understanding of what’s going on in the market. There may be a risk, however, his clients will know as much as possible about a pending reward.

James McEnerney of Kansas City provides a refreshing distraction. The headlines have been fraught with more bad news. In these times of constant uncertainty and a never-ending nightmare – health-wise, financial planning is an alternative theme. Both newcomers and more experienced investors alike can glean much information from the graphics and information found in the newsletters.

James McEnerney of Kansas City reinforces the idea that we have the opportunity to learn and take advantage of the financial prospects in front of us. A recent newsletter includes: “We can choose to participate in the ongoing mess which keeps (or takes) too many off the proper pathway – and be assured that hype will only increase as the numbers get larger…… Or, we can choose to focus on our pathway, our own index so to speak “.

This bullish approach is synonymous with James McEnerney. A triathlete as well as a marathon runner, James McEnerney is a true Renaissance man. Waiting for something to happen is just not the way of James McEnerney. In these financially unstable times, if you are able, James McEnerney of Kansas City recommends that you seek sound advice and not be afraid to invest. Many will find financial success during this time in our history as well.

With an eye on NYSE, the DOW, the S & P 500, and the NAS, James McEnerney of Kansas City has the information that is key.

James L. McEnerney Offers 4 Helpful Tax Tips for New Retirees

It’s that time of year again. With only a little over a month until the April 15th deadline to file your taxes, you need to get started if you haven’t already. If you are a recent retiree, make sure to discuss that fact with your accountant, or do your own homework, advises James L. McEnerney. There may be some major changes when it comes to your federal and state income tax.

Certified Financial Manager James L. McEnerney says that there are also some tax tips that you might not be aware of – so read on to see if any of these apply to your situation.

Continue Paying into Your IRA

If your spouse is still working, they can continue adding to the nest egg that is your individual retirement account, or IRA, to the tune of $7,000 per year. A traditional IRA allows spousal contributions until the year when you, the owner of the IRA, turn 70 ½. With a Roth IRA, there’s no age limit. All that’s required, James L. McEnerney explains, is that your spouse has enough earned income to fund your account, as well as his or her IRA.James L McEnerney Lacrosse

Understand Required Minimum Distributions

Required minimum distributions, or RMDs, are amounts of money that retirees are obliged to withdraw from traditional IRAs and employer-sponsored retirement plans. Individuals are required to begin RMDs from their IRAs no later than the April of the year after they have turned 72. Otherwise, they will be subject to a federal penalty.

For employer-sponsored retirement accounts, the timeline might be different, but the requirement is largely the same. James L. McEnerney says that it’s important to know that RMDs are never eligible for rollovers.

Donate Directly to Charity from an IRA

Although straightforward RMDs are considered taxable income, they don’t necessarily spell doom-and-gloom for your finances. There are a couple of workarounds, says James McEnerney. One way to meet your RMD requirement but avoid paying taxes is to make a donation to charity directly from your IRA. You can give up to $100,000 this way.

To Withhold or Not to Withhold

If you worked a traditional salaried job before retirement, you are likely accustomed to your employer withholding tax throughout the year, so that you’re not surprised by a nasty tax bill come April. Retirees who receive regular payments from a pension, traditional IRA, or 401(k) plan can continue to have money withheld. In fact, that’s the default – so if you don’t want withholding, you’ll have to speak up.

Social Security benefits work a bit differently, however. For these payouts, no tax will be automatically withheld unless you request it by filing a Form W-4V. If you do so, you can choose the rate at which your Social Security is withheld: 7%, 10%, 12%, or 22%, James McEnerney explains.

As with other tax-related requirements, taxation in retirement can be incredibly tricky. Your best bet, says James McEnerney, is to consult with your accountant and let them know of your new retirement status.

James L McEnerney Lacrosse - What it Takes to Complete the NYC Marathon-min

Jim McEnerney: What it Takes to Complete the NYC Marathon

Jim McEnerney has many impressive accomplishments under his belt, from becoming a Certified Financial Manager, to co-founding a restaurant, to placing in the first quintile in New Accounts and Revenue at Merrill Lynch P.F. & S. However, while clearly not diminishing any of his other accomplishments, one of Jim McEnerney’s achieved goals stands out as particularly impressive: completing the New York City Marathon.

Jim McEnerney explains to us that the New York City Marathon has been a long-standing tradition since 1970. Because the Marathon is so incredibly popular and places are highly sought after, participation is largely based on a lottery system, although guaranteed participation can be secured by the use of the “9+1” program. This program allows one to run in nine sponsored races, and then either volunteer at a chosen event, or donate $1,000 to a charity for young athletes.

Typically, Jim McEnerney clarifies, the New York City Marathon begins on the Staten Island side of the Verrazano-Narrows Bridge, continues through Brooklyn and Queens, crosses the Queensboro Bridge into Manhattan, and after a detour through the Bronx, ends with a triumphant run down Fifth Avenue, through Central Park to the finish line. This route initially began as a one-time celebration of the U.S. bicentennial, Jim McEnerney explains: the route as described brings runner through all five boroughs of New York. The route proved to be so popular an idea, that the basic route was adopted for all future New York City Marathons.

The Marathon, which lasts for 26.219 miles, is not for the faint of heart, Jim McEnerney warns. Proper training and hydration are essential, and the sooner training begins, the better. Jim McEnerney goes on to provide his advice for anyone who is thinking about running in the New York City Marathon (or any marathon).

First, he advises that you should give yourself at least three months ahead of the marathon to begin consistent training. You’ll want to work your way up to longer distances, but in general, you should be trying to jog for two to three miles every day, with one long run at least once a week. This will help your body gradually adjust to taking on longer distances without becoming overly exhausted.

Second, Jim McEnerney wants you to make sure you’re not pushing yourself too hard. You’re not going to be able to properly compete in the marathon if your training isn’t up to par, that’s true-but, Jim McEnerney warns, you’re not going to be able to compete at all if you’re incapacitated because you’ve pushed yourself past your limits too early.

 

Conclusion | James L McNerney Lacrosse

Finally, Jim McEnerney’s final piece of advice: have fun! The New York City Marathon is a competition, but it’s also about people coming together, and proving to yourself that you can do anything you set your mind to. Enjoy your journey, and don’t make it torturous for yourself.