Modified adjusted gross income (MAGI): What it is and how to calculate it
You’ll need to know your MAGI to determine whether you qualify for certain tax benefits.
2 min read
Oct 18, 2021
Kenneth Chavis IV
Senior wealth advisor at Versant Capital Management
Kenneth Chavis IV is a Senior Wealth Advisor at Versant Capital Management, a $900 million wealth management firm founded in Phoenix, AZ. Versant provides investment management, wealth strategy, financial planning, and tax advice to business owners, wealthy families, and women experiencing life transitions. Versant's advisors serve clients as fee-only fiduciaries, with an emphasis on growing and preserving multi-generational wealth.
Kenneth's career in the wealth management industry spans nearly a decade. In prior roles he served business owners and entertainers as a Senior Wealth Manager at LourdMurray and previously served executives, business owners and medical doctors as a Financial Advisor at Empirical Wealth Management.
Kenneth's experience includes providing advanced financial planning, retirement planning, tax planning and investment management to equity-compensated executives, business owners and engineers with stock compensation at many Fortune 100 companies on the West Coast, including Intel, Microsoft, Nike, Alphabet (formerly Google), Apple and Amazon.
Kenneth has received multiple industry awards and recognition, including the InvestmentNews 40 under 40 in 2023, the Investopedia Top 100 Financial Advisor in 2022 and 50 Under 50 by the Association of African-American Financial Advisors in 2021 and 2020, recognizing the most outstanding and influential Black and African American financial professionals in the country.
Kenneth has been interviewed on national television on the topics of personal finance, investing and the economy. He has also been quoted in financial media publications including Wall Street Journal, CNBC, Business Insider, TIME, Nasdaq, MarketWatch, NerdWallet, Bankrate and MoneyGeek.
Kenneth is a CERTIFIED FINANCIAL PLANNER™ professional, holds a Certificate in Financial Planning from Boston University and earned a Bachelor of Science in Business Economics from Hawaii Pacific University, where he graduated summa cum laude.
Kenneth is a member of the Financial Planning Association of Greater Phoenix and an advisory member of the Association of African American Financial Advisors.
Connect with Kenneth on LinkedIn and follow him on Instagram at @good4yourmoney.
Kenneth's latest articles
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Medical expense deduction: How to claim medical expenses on your taxes
You may be able to deduct certain medical expenses if they meet IRS requirements.
4 min read Oct 08, 2021 -
Why financial literacy is so important
You don’t need a master’s degree in money to be financially literate.
3 min read Jul 02, 2021 -
What are interest rates and how do they work?
Whether you want to deposit or borrow money, the interest rate is a critical factor to consider.
3 min read Jun 07, 2021 -
Best credit cards to use in Europe
Pick the right card for your European vacation to avoid foreign transaction fees and make the most of travel rewards.
6 min read Jun 04, 2021 -
Estate taxes: Will the step up in basis be eliminated? Here’s what to know and how to prepare
People who inherit homes will want to pay close attention to this proposal.
3 min read May 25, 2021 -
Jumbo money market rates
Find the best jumbo money market rates from credit unions and banks by comparing APY and minimum deposit required for yields.
5 min read May 23, 2017