If you’ve reached a certain age, you may have recently received a letter from your bank, brokerage firm or mutual fund company, informing you that you’ll have to take an RMD before year end – and they may have even told you what the amount is. So what is an RMD? Well, let’s start by […]
The December 2016/January 2017 edition of “The Accountant”, published by the Oregon Society of CPA’s, included our article on Core Financial Planning Areas for Your Clients. The article highlights a number of areas where CPAs can assist their clients, including: – financial statements – risk management – tax management – education planning – investment management […]
The 2017 retirement plan limits have recently been announced by the IRS. These new limits are effective January 1, 2017. If you are an employee and a retirement plan participant, be sure to contact your employer as soon as possible if you wish to change your retirement plan salary deferrals for 2017. Of course, if […]
Experiencing market volatility early in retirement can be a very unsettling experience for a new retiree, and may raise the legitimate concern of whether early early market declines combined with portfolio withdrawals can jeopardize a retirement plan. In fact, the risk – more formally known as “sequence of returns” – is real. The chart below […]
Click here to read our second quarter market commentary.
This is Springwater’s Source – a topic or issue in personal finance and investing, shared visually. The Source will share one concept, once a month, in about a minute or less. An important concept derived from financial economics is that of a “risk premium”. In a nutshell, this premium is what investors can expect to […]
Individuals who will turn 70 ½ in 2016 are generally required to begin taking required minimum distributions from retirement accounts by April 1, 2017. That is the so-called “required beginning date” for most employees. But some people who have a company retirement plan can delay taking their RMDs, using the IRS’s “still working” exception. Note […]
Click here to read our fourth quarter market commentary.
The Institute for Divorce Financial AnalystsTM (IDFATM) has announced that Springwater principal and co-founder Jim Corbeau, MBA, CFP®, CDFA® has completed a specialized educational program in professional divorce analysis and is now a Certified Divorce Financial Analyst®. A CDFA® is an expert on the immediate and long-term financial implications of divorce. Certified Divorce Financial Analysts […]
According to a study financed by the Justice Department, as many as one in 20 older adults said they were financially mistreated in the recent past. And with 10,000 people turning 65 every day for the next decade, a growing pool of retirees are susceptible to such exploitation. To help elders in financial and other […]