The City of Pittsburgh has been withholding 3% of athletes' income when playing in Pittsburgh. This has been ruled unconstitutional, which is a great win for athletes. However, the ruling does not guarantee you will be paid back the money that was taken from you.
Read MoreThe most important investment you can make as an athlete is finding the right advisory team. That decision should be based on skill, not personality alone.
Read MoreWe asked our CFPs, CPAs, and founders for their playbooks on financial planning for professional athletes to minimize tax and maximize wealth potential.
Read MoreA look at how some of the most well-known athletes have chosen to spend their earnings - examples of how and how not to spend your fortune.
Read MoreIn this article, we’re discussing what a family office is, how it works, what different types are out there, and what is the ideal solution for your family.
Read MoreLearn more about NIL money opportunities as an athlete. Read our guide for understanding NIL income and how you can maximize your NIL potential.
Read MoreThe new NIL rules can be confusing. AWM spoke to NIL expert David Fleshman to discuss what the rules mean and how to stay NCAA compliant.
Read MoreMany young athletes don't seek financial advice until later in their careers. Discover how early wealth advice can have a huge impact on your financial future.
Read MoreIn this article, we aim to provide quick and easy guidance on how to handle your MLB 401(k) plan and point you in the right direction on the following: What is a 401(k) plan? When can you contribute? Types of contributions and what to do when you retire
Read MoreYou have worked hard for your money, which is why it never feels good when you see how much you lose to taxes. Unfortunately, most players neglect ongoing tax planning, which results in paying more in taxes than they should. For those in the highest tax bracket, they are losing between 40% to 50% of their income to taxes, contingent on their state residency. For those in lower tax brackets, they are losing out on the opportunity to build future tax-free investment growth and income.
Read MoreWhat expenses can athletes write off on their taxes? If you’re like many athletes, this is one of the most confusing parts of filing your income tax return.
Read MoreIn its essence, the jock tax allows states to tax professional athletes for the income they generate while playing on their turf. Learn what you can do to minimize your jock taxes in this article.
Read MoreNIL deals require special consideration to avoid breaching NCAA guidelines and potentially harming your athletic career, academic future, and financial security. This article outlines the important questions you need to ask yourself before you sign marketing deals.
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