Financial Planning / Investment Management
- IRA Contributions - The IRS permits individuals to make prior year IRA contributions (2020) up until your tax filing deadline (4/15/21). Please call us for eligibility.
- Required Minimum Distributions - We are on top of your RMD's. The IRS allowed individuals to skip the RMD in 2020, but it is a requirement again in 2021. Please call us to discuss this in detail as missing a RMD can result in a 50% penalty on the required amount.
- Digital Estate Planning - We preach basic estate planning to clients all the time. Digital estate planning is something that should be incorporated as well. Please check with your social media and internet based companies on adding a legacy contact to the account, and speak with your estate planning attorney on adding a digital executor to your will.
- Diversification...you sure? - S&P500 ETF's and mutual funds are one of the more commonly owned investments in the marketplace, especially in corporate retirement plans. Be very careful assuming you are diversified. The S&P500's five largest companies are approximately 23% of the index, the top 10 companies represent approximately 28%. Please call us for diversification and allocation advice.
