Monthly Insights

"Ideas shape the course of history." -John Maynard Keynes


Developing a Realizable Vision for Retirement

Posted by on Monday, May 14th, 2018 in Monthly Insights, Personal Finance, Retirement, Wealth Management | 0 comments

Retirement is a totally new stage of life. With some careful prioritizing—and collaborating with your advisor—you can design a working plan for retirement that may surpass all your expectations. When most people think of retirement, they imagine leaving a job they’re tired of, getting out of the rat race, and leaving the pressures of employment behind. Often retirement is viewed as a reward for time in the workforce and successful financial planning. But retirement is so much more than giving up a job and relaxing. Retirees are entering one...

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May 2018 Monthly Insight: Perspectives on Market Volatility

Posted by on Monday, May 7th, 2018 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

I don’t focus on what I’m up against. I focus on my goals and I try to ignore the rest. -Venus Williams, American professional tennis player, 2nd in all-time rankings Last year, stocks marched higher with only minor pullbacks.  The largest decline from peak-to-trough for the S&P 500 Index last year was just under 3%.  It was a year that lacked turbulence and rewarded diversified investors.  Since February 1, volatility has returned.  It’s a reminder that periods of relative tranquility don’t last forever.  In our opinion, the...

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April 2018 Monthly Insight: Encourage Your Young Loved Ones to Save Early with a Roth IRA

Posted by on Wednesday, April 4th, 2018 in Monthly Insights, Personal Finance, Retirement, Wealth Management | 0 comments

“I love the Roth IRA. Tax-free income in retirement is a truly great deal.” -Suze Orman You’re no stranger to the power of compounding interest—but you still might be surprised at the astounding impact it can have on young investors’ financial futures. That’s why we want to share an important piece of advice with you today: tell the young people in your life to open up a Roth IRA, if they haven’t already. Why a Roth IRA? While the Roth IRA is a powerful tool for clients of any age, it has particularly strong benefits for younger generations....

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March 2018 Monthly Insight: Qualified Charitable Distributions

Posted by on Tuesday, March 6th, 2018 in Monthly Insights, Tax Planning, Wealth Management | 0 comments

“No one has ever become poor by giving.” ―Anne Frank The concept of a qualified charitable distribution (QCD) was first introduced in the Pension Protection Act of 2006.  A QCD allows an IRA owner over age 70½ to make a charitable contribution to a charity directly from the taxpayer’s IRA, without counting the distribution as taxable income.  In addition, the QCD also satisfies the owner’s Required Minimum Distribution (RMD) requirements.  As a reminder, RMDs must start when the IRA owner reaches 70½ and in most cases is fully...

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February 2018 Monthly Insight: The New Tax Code and Tax Planning

Posted by on Wednesday, February 7th, 2018 in Monthly Insights, Personal Finance, Tax Planning | 0 comments

“There’s just one thing I can’t figure out. My income tax.” – Nat King Cole “The hardest thing to understand in the world is the income tax.” – Albert Einstein This past year, Halloween was barely over when House Republicans introduced their version of tax reform. Among those who understand the complexity of the tax code, as expressed by Nat King Cole and Albert Einstein, few observers thought such a massive undertaking could be signed into law within seven short weeks.  Yet that is exactly what happened....

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