Southwest Airlines Explanation of Benefits: STD, LTD and VLOL

Southwest Airlines Explanation of Benefits: STD, LTD and VLOL

In preparation for the upcoming Southwest Airlines open enrollment, we are presenting a break down of what benefits are available and how to choose the best one for your situation. Charlie talks about Southwest Airlines Short Term and Long Term Disability and Loss-of-License Insurance. He explains the differences between Short Term Disability (STD) A and B, Long Term Disability (LTD), Loss of License (LOL) and Voluntary LOL (VLOL), including their salary, pension, and tax implications. He also shares which selections he recommends and why.

Smiles For Hope Partnership

Smiles For Hope Partnership

Dr. Smita Borole and Anish Gaikwad stopped by to give us this wonderful certificate of recognition for sponsoring the Smiles for Hope Gala. We were honored to support their organization, but it’s really Smiles for Hope that deserves the recognition. Volunteer-based, they provide free dental care to the residents of the YWCA Knoxville and the Tennessee Valley. They are doing some very important, life-changing work and we extend our thanks for their contribution to our community.

Importance of Creating a Retirement Income Stream

Importance of Creating a Retirement Income Stream

As we get closer to retirement the idea of creating an income stream becomes very, very important. In this video, Kevin draws from the ideas of Robert Merton (Nobel Prize winner and distinguished MIT and Harvard Professor), who believes that the way we are currently going about retirement planning is all wrong. Retirement doesn’t mean having the biggest pile of money when you die. Instead, retirement planning should enable you to live the life you want to live and have the income when you need it. Kevin also discusses the numerous strategies on how to build an income plan for retirement and how to avoid the dangers of recency bias. When it comes to retirement you only get one shot! Let the team at Leading Edge help you get it right, 852.240.2292

Recession Preparedness – 3 Things NOT To Do!

Recession Preparedness – 3 Things NOT To Do!

We don’t know when the next economic recession will come, but we are confident it WILL happen, sooner or later. Have you tested your financial plan to see if you are ready? Just as military and airline pilots routinely train to be prepared for emergency situations, we take a similar approach to ensure our clients are ready for the next downturn.

Kevin Gormley

Kevin specializes in working with high-income earners who need assistance in managing company incentive plans, maximizing their investments, and minimizing taxes. He also specializes in cash flow planning for pre-retirees and retirees, and helping them make planning decisions regarding their Social Security benefits. Kevin holds the CERTIFIED FINANCIAL PLANNER™ (CFP®) and the Personal Financial Specialist (PFS) professional designations. Kevin is an active Certified Public Accountant (CPA) in the state of Tennessee. In addition to Leading Edge Financial Planning, Kevin was an Adjunct Professor and taught a Personal Finance class at Maryville College for the J term in January, 2016 and January, 2017. Kevin is a member of the American Institute of Certified Public Accountants (AICPA), the Tennessee Society of Certified Public Accountants (TSCPA), and is a Board member on the East Tennessee Financial Planning Association (FPA).