As tax season ramps up, many people focus on their immediate tax bill. But taxes aren’t just a once-a-year concern—they play a role in your financial picture year-round. One of the most effective ways to manage your tax exposure is through a tax diversification strategy that spreads investments across different types of accounts to balance […]
The Internal Revenue Service (IRS) released final regulations and guidance on updated required minimum distribution (RMD) rules. These rules were proposed in the Consolidated Appropriations Act that was signed into law in early 2023. Dubbed “SECURE 2.0”, this law made changes impacting retirement plan participants, IRA owners, and beneficiaries. For many, these proposed rules generated […]
This is about wellness, health, and yes, money. Have you ever gone a long time without looking at your account balances? Ever held off on checking in with your advisor because you were afraid your financial plan was off-track? Does anxiety about financial headlines keep you from learning more about money and investing? I have […]
On December 29, 2022, President Biden signed into law the Consolidated Appropriations Act, 2023. “SECURE 2.0” is a spending bill intended to make retirement savings more straightforward and more accessible. It includes many aspects of financial planning and promotes retirement savings. This is a high-level summary addressing the items most likely to affect our clients. […]
This past year may have left you with a feeling of uncertainty with markets in flux and rising inflation. As the year turns over, you may be forward to 2023 being a new year of stability, possibility, and new beginnings. Even more so than in years past. While this positive outlook is a good thing, […]
In the business world, top companies kick off their “Q4” by gathering together their leadership teams to assess what’s gone right this year, what’s gone wrong, and what steps they can take to finish the year with strong forward momentum. My partner, Katie Brown, and I do the same thing with an off-site meeting to reflect […]
As we enter the season of giving, charitable giving is top of mind. I love this time of year. Everything seems to glow a bit brighter. While my runs turn colder, I enjoy seeing the seasons change. Watching as the lights go up in the Parkway and neighborhood houses are spruced up with festive decorations […]
As the weather warms, it is hard not to think about all that spring can bring. It is also a popular time for “spring cleaning” as you open your windows and doors to refresh your home after a long winter. In this season of renewal, you may also look to spruce up your personal habits as well, including organizing your finances. Take Inventory Too many accounts […]
The medical response to COVID-19 is underway. Social distancing is the order of the day. Congress and the Fed have weighed in. Now, your professionals get to work. Among those professionals, the accountants, financial advisors, and attorneys are leaping into action to help small businesses and families. I have received e-mails and outreach from the […]
The closing weeks of 2019 gave us plenty to celebrate and plan for as investors. In contrast to 2018, where it was nearly impossible to find growth in stocks, bonds, or any asset for that matter, 2019 provided plenty of opportunity for returns. There was volatility in the mix, however, as trade talks, domestic politics, and […]