The right words matter – through any mode of communication, using the right words can help you convey a feeling, ask the right question or make a detailed plan. The financial industry is riddled with confusing jargon that can impede the essential communication between you and your financial advisors.
In our continuing campaign, WealthEdge® will help to define and distinguish the confusing terminology of our industry. The right words can be the spark to ignite an essential conversation, by answering questions and by offering a specific course of action.
Stan Kagan, WealthEdge® Director of Taxation, helps to explain what Allowances are for tax purposes.
“Words do two major things: They provide food for the mind and create light for understanding and awareness.”—Jim Rohn