by Springwater Wealth | Sep 26, 2017 | Financial Planning, Services
A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high deductible health plan (HDHP). You can read about high deductible health plans on this government website. HSAs can be an...
by Springwater Wealth | Sep 19, 2017 | Estate Planning, Financial Planning, Services, Taxes, Wealth Management
At Springwater, we have clients who are over the age of 70, who have individual retirement accounts (IRAs) and who do not need additional income. However, the government requires those over 70 (technically 70 1/2) to take distributions from their IRAs regardless of...
by Springwater Wealth | Sep 14, 2017 | Financial Planning, Services, Wealth Management
The Equifax Data Breach If you have a credit report, it’s likely that you’re one of the over 140 million Americans whose sensitive personal information was accessed through a data breach at Equifax, one of the nation’s three major credit reporting agencies. The other...
by Springwater Wealth | Sep 13, 2017 | Financial Planning, Investment Management, Taxes
If you’ve been terminated from a long-term job your employer may offer you severance pay, sometimes referred to as a separation package. Severance pay can include a lump sum payment, a period of continued paychecks, a continuation of some or all benefits, or...
by Springwater Wealth | Sep 5, 2017 | Estate Planning, Financial Planning, Services, Wealth Management
A few weeks ago, our Stream blog highlighted how you can give to charity by donating your appreciated investments. As the donor, you receive an income tax deduction for the fair market value of the securities. The charity receives your donated investments, sells them,...