Transferring Wealth
Transferring wealth can mean different things to different individuals and families. No matter the situation, everyone has to jump over the same hurdles of 1) the pressures it puts on families, 2) the actual transferring of assets, and 3) the unintentional outcomes that could arise. Sometimes plans get put into motion unexpectedly which presents its […]
Fall is the Time to Plan for Year-End Giving
Fall is a perfect time to tidy up – and this also applies to making your final plans for 2024 gifts to charity! Please contact us soon regarding any charitable gifts you wish to make before year end, as Fidelity and other asset managers have early December deadlines to guarantee 2024 charitable contributions and asset […]
Investing in Boring Assets is Good Business
Looking past the headlines of the stock rallies of companies focused on artificial intelligence (Microsoft), high-powered computer chips (Nvidia), and obesity drugs (Eli Lilly, Novo Nordisk), there is an opportunity that excites us even more over the next decade. Each of us interacts with it on a daily basis, yet rarely do we ever give […]
Checking Under the Hood
How to Perform a Six-Step Maintenance Checkup on Your Retirement Plan ADAPTED FROM EPIC RETIREMENT SERVICES Review Your Goals and Plans: Each year you should ask yourself if you’re on track to reach your retirement goals. Part of that process is imagining (in detail) what you would like to be doing during that stage of […]
From Every Direction
In a world where headlines bombard you from every angle, it is easy to feel overwhelmed. From multiple ongoing overseas conflicts, the federal deficit increasing, to inflation and interest rates, there is no shortage of complex issues vying for our attention. Not to mention it is an election year, which always adds an extra layer […]
Financial Wellness in the Workplace
Financial wellness programs are increasingly recognized as vital components of an employer’s comprehensive benefits package. More than half of the employers who have initiated such programs have witnessed higher than anticipated utilization rates. This aligns with the findings of a 2023 Workplace Wellness Survey conducted by EBRI/Greenwald Research, revealing that over half of American workers’ […]
Estimating Your Retirement Income Needs
Adapted from Broadridge Communication Services You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds, because retirement planning is not an exact science. Every […]
Saving for Retirement and a Child’s Education at the Same Time
Adapted from Broadridge Investor Communication Services Everyone wants to retire comfortably when the time comes. We may also want to help our children go to college. So how do you juggle the two? The truth is, saving for your retirement and your child’s education at the same time can be a challenge. If you make […]
Roth vs. Pre-Tax Contributions
Roth in Retirement Accounts “What’s the difference between pre-tax and Roth?” This is one of the most common questions I receive when working with employees enrolling in a 401(k) plan. The decision to make either type of contribution to your retirement account (whether it is an IRA, 401(k), 403(b), etc.) is a complex decision that […]
2023 Retirement Plan Updates and SECURE Act 2.0
The end of 2022 brought several noteworthy changes to retirement savings plans. The changes are intended to have positive impacts on the ability to save for retirement and will have lasting impacts on the retirement savings industry in America. In October of 2022, the Internal Revenue Service (IRS) set the 2023 salary contribution limits for […]
