Matt discusses how the markets fared through the last quarter of 2019 as well as Richmond Brothers' plan of action moving forward for 2020 in this 5-minute clip.
No time to watch? Read the closed captions here.
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Effective January 1, 2020, there will be some big changes for retirement planning due to the SECURE Act that was recently passed. Richmond Brothers is up to speed on all of the changes and we will continue providing our extended family of clients with updates and education for each unique planning situation. Watch the video above for some more insights from Ed Slott Master Elite IRA Group Member and CFP, Dan Vredeveld.
As a quick overview, the SECURE Act:
Eliminates the age limit for making traditional IRA contributions Increases the RMD age to 72 Allows penalty-free...
Matt covers year-end reminders as well as consumer sentiment heading into the holiday season in this month's 5-minute clip. To learn more about the voluntary separation information he discusses in the video, click here.
No time to watch? Get the closed captions here.
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Want to make YOUR charitable gift go farther? This year, Richmond Brothers is offering up to $500 in matching funds for donations made to each of three local non-profit organizations, for a total of up to $1500 in matching funds overall to our community.
Richmond Brothers' team has voted for the 2019 recipients of our matching program and we are pleased to announce we will be awarding the following organizations with a match of up to $500 for each: Toys for Tots, Cascades Humane Society, and the Jackson Community Food Pantry.
Want to participate with us? Here'...
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We wanted to be proactive and provide a friendly reminder that this time of year is the perfect time to review your statements for the capital gains/losses section for tax planning purposes. Below are some pointers as you are reviewing your accounts.
Do I have to worry about capital gains/losses for tax purposes?
The rule of thumb here is if you have capital gains/losses in a retirement account, you do not need to worry about them; however, if you have capital gains/losses in a non-retirement account, then you need to pay...
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