Retirement Tax Treatments in Arizona
Retirees in Arizona benefit from favorable state taxes as well as the snowbird lifestyle Many retirees settle in Arizona either part-time (as a snowbird) or full-time because of the warm weather and other amenities. As a retirement destination, this provides additional opportunities to socialize, which can make your post-work transition easier. The cost of living […]
What Is a Fiduciary and What Do They Do?
Originally published in Jewish News. You may have seen a popular commercial for a money-management firm that highlights that its financial advisors are fiduciaries and thus its clients are treated better. However, if you don’t know what the term fiduciary means you might not understand why. So, what is a fiduciary and what sets them […]
New Arizona Law Protects Financially Vulnerable Seniors
Originally published in Financial Advisor. Arizona recently enacted a law to help protect senior citizens from financial abuse; a law the Financial Planning Association of Greater Phoenix advocated for before both houses of the state Legislature. The national Financial Planning Association said the efforts of the Greater Phoenix chapter highlights the association’s recent federal and […]
Need to Raid Your Retirement for Quick Cash? Here Are Ways to Limit the Financial Hit
Original article was published on The LA Times. Raiding your retirement accounts can be expensive. Withdrawing money before age 59½ typically triggers income taxes, a 10% federal penalty and — worst of all — the loss of future tax-deferred compounded returns. A 30-year-old who withdraws $1,000 from an individual retirement account or 401(k) could lose […]
Financial Planners and Caregiving: Helping Clients Manage the Challenges
Originally published in Journal of Accountancy. Providing care to parents, spouses, other family members, or friends as they age can be anticipated and planned for in many respects, but unexpected challenges also arise in caregiving. CPA financial planners can help clients and their families prepare. Caregiving conversations with clients should start early to avoid costly […]
Arizona Retirement Taxes Explained
Originally published on The Street. Financial planner Erin Itkoe breaks down Arizona’s flat tax, Social Security rules, and retiree-friendly provisions. Erin was recently featured in an interview with Robert Powell, Editor and Publisher of Retirement Daily on TheStreet, to discuss why Arizona is one of the most tax-friendly states for retirees. Retirees in Arizona benefit from […]
Tax-efficient drawdown strategies in retirement – Journal of Accountancy
Insights from Erin Itkoe, President of Luminescent Wealth Management This article was originally published on the Journal of Accountancy website. Link to the full article: https://www.journalofaccountancy.com/issues/2026/jan/tax-efficient-drawdown-strategies-in-retirement/ Retirement planning does not end when the paychecks stop. In many ways, it becomes more complex. The shift from accumulating assets to drawing them down requires careful coordination between […]
Financial Planning For a Pet’s Future Care
Originally published in the Journal of Accountancy 9/8/25 At Luminescent Wealth Management, we believe true financial stewardship means caring for every part of a family’s legacy, human, philanthropic, and even four-legged. In this Journal of Accountancy feature, Erin Itkoe, CPA/PFS, CFP®, shares insight on how thoughtful estate planning extends beyond traditional considerations to include provisions […]
Financial Empowerment: A Woman’s Guide to Secure Retirement Planning
Originally published on MSN.com. Retirement planning is an important topic because it sets the tone for your golden years. Most people worry about having enough money to last through retirement. Whether you’re married or single, it’s so important for women to be involved in the financial planning process because it affects what your retirement years […]