Blog

Cole Ferrier, Financial Planner at EnoughFP LLC, has been recognized as one of the first financial professionals to earn the Tax Planning Certified Professional™ (TPCP™) designation from The American College of Financial Services. This certification signifies advanced knowledge in complex tax planning and optimizing tax advantages for clients. Possessing the TPCP™ designation demonstrates Cole Ferrier's commitment to providing comprehensive, tax-efficient financial planning.

High hospital costs? Washington's Charity Care law offers significant financial assistance. Find out if you qualify for free or reduced-cost care under the expanded 2022 rules (eligibility reaches up to 400% FPL at major hospitals!). Click to understand the law, typical application process and policies at two example medical systems.

Saving big in a 529 but fear penalties on leftovers? Using two accounts (high/low growth) and spending high-growth funds first for college might reduce taxes on non-qualified withdrawals from the remaining low-growth funds. It's a complex strategy for ambitious savers needing expert advice.

This post explains that Affordable Care Act (ACA) health insurance subsidies (Premium Tax Credits) decrease as your income goes up. This reduction effectively acts like an extra tax, increasing your overall marginal tax rate. Understanding this "phase-out" is crucial for financial and tax planning, especially since current rules softening the impact expire after 2025.