Your 2023 Required Minimum Distribution
In this Money Talks Minute, Bil Lako, CFP®, explains how your annual required minimum distribution is based on your account balance as of December 31 the previous year.
In the News: What have you done for me lately?
As seen in the Marietta Daily Journal, Bil Lako, CFP®, asks investors, “If you liked the investment before and nothing has changed except the price decline, why wouldn’t you jump at the chance to buy more at a lower cost?”
IRS Issues Guidance on State Tax Payments
Did you receive a special payment from your state in 2022? Do you know if you’ll be taxed on that payment? The IRS has determined the federal income tax status, and we have the details.
50 and Older? Here’s Your Chance to Catch Up on Retirement Saving
If you qualify, you can make a deductible IRA contribution for 2022 up until the tax filing deadline on April 18, 2023. If you are someone age 50 or older, don’t forget you qualify to make a catch-up contribution.
What Have You Done for Me Lately?
Managing Associate Jarrett McKenzie, CFP®, CWS®, and Senior Financial Planner Adam Stadalius, CFP®, join Chief Investment Officer Troy Harmon, CFA, CVA, to discuss the situation of a couple of investors who want to sell the dogs out of their portfolio and stick with the stocks that have been doing well.
March 2023 Market Minute
In March, our Research Analysts are watching the terminal rate for the Fed Funds rate, the home prices and interest rates for the housing market, and the tightness of the labor market.
In the News: Three ways the SECURE Acts significantly changed required minimum distributions
As seen in the Marietta Daily Journal, Bil Lako, CFP®, explains how the rules surrounding required minimum distributions have changed recently.
The Debt Ceiling and Deficit Spending
Treasury Secretary Janet Yellen projects the latest debt ceiling extension will last until early June; however, the Congressional Budget Office cautions that if April tax revenues fall short of its projections, the Treasury could run out of funds earlier.
Three Ways the SECURE Acts Significantly Changed Required Minimum Distributions
Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate D.J. Barker, CWS®, and Senior Associate Michael Griffin, CFP®, to address the three significant ways the SECURE Acts have affected required minimum distributions.
The Sandwich Generation
If you find yourself torn between providing care for your parents and raising your own children, you are considered part of the Sandwich Generation. We provide some tips for those stuck in the middle.