Path Financial LLC

07/09/2025

We’ve seen it: someone passes away with a well-constructed estate plan, confident they’ve done everything right—yet they never shared the details with their family. Without that crucial communication, even solid plans can lead to confusion, unintended tax consequences, and significant emotional stress.

Involving your children in your planning is one of the most powerful ways to protect your legacy and give your loved ones the clarity they’ll need when it matters most.

Path Financial Vice President of Financial Planning Nolan Lewis, CFP® offers tips on what to consider when planning for the future. Read "Why You Must Involve Your Adult Children in Your Financial Plan": https://www.pathfinancial.net/250625.htm


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01/16/2025

Barring default, individual bonds have a predictable return at the time of purchase, whereas the return of a bond fund is inherently uncertain over any given period.

A conservative allocation is not synonymous with a fixed-income allocation that uses bond funds, which by construction are volatile and represent bets on where interest rates are going.

Questions? Leave a comment, DM, or contact Path Financial President and Chief Investment Officer Raul Elizalde at (941) 350-7904.

Investors who look for the stable growth they associate with bonds should avoid bond funds.

11/13/2024

Ready to do some year-end tax and retirement planning? Self-employed and small business owners have an invaluable tool for creating a secure, tax-efficient retirement: the Roth Solo 401(K).

💡 With this vehicle, you can contribute post-tax dollars now and withdraw tax-free in retirement, without income restrictions.

➡ The current maximum contribution for a Solo 401(k) is $76,500 if you’re 50 or older, far exceeding the Roth IRA limit of $8,000.

💰 Contributions are allowed from both employer and employee, maximizing savings potential.

📈 Unlike the SEP IRA, the Solo 401(k) allows catch-up contributions for those over 50.

Did you know?

👉 Not all custodians offer a Roth Solo 401(k). Path Financial is able to provide this option through our custodial partner Charles Schwab.

👉 Research shows that professionally managed 401(k) plans can outperform self-directed ones by over 3% annually, potentially yielding 75% greater growth over 20 years.

With knowledgeable guidance, creating a pathway for future financial security can be accomplished easily and quickly. Read our blog about tax-efficient retirement savings for the self-employed: https://www.pathfinancial.net/241112.htm

Contact Path Financial at (941) 350-7904 or
[email protected] to speak with Certified Financial Planner™ R. Nolan Lewis CFP® to optimize your retirement strategy today so that you can retire on your own terms tomorrow.

10/23/2024

A Forbes "Editor's Pick," Path Financial Chief Investment Officer Raul Elizalde's latest article "How the Tax Code Can Help You Recover from Hurricane Losses," covers how tax rules allow those impacted to deduct losses for federally declared disasters, like hurricanes Debby, Helene and Milton. This is for personal property as well as for income-producing property, and deductions are available for individuals as well as S and C corporations.

In addition, the IRS has extended deadlines and allow penalty-free IRA withdrawals and ways to report the latter over time rather than all at once.

The rules, unsurprisingly, are complex but worth studying. Better yet, anyone with property losses should consult a knowledgeable tax professional to see if they can take advantage of this special form of tax relief.

For many Floridians and others, unexpected relief may come in the form of tax benefits but the rules can be complex.