by Springwater Wealth | Jan 3, 2025 | Newsletter
You can read our market commentary for the fourth quarter of 2024 here. PLEASE SEE important disclosure information at www.springwaterwealth.com/blog-disclosure/.
by Springwater Wealth | Nov 1, 2024 | Financial Planning, Retirement Plans, Wealth Management
The 2025 retirement plan limits have recently been announced by the IRS. These new limits are effective January 1, 2025. If you’re an employee and a retirement plan participant, be sure to contact your employer as soon as possible if you wish to change your retirement...
by Springwater Wealth | Oct 23, 2024 | Financial Planning, Taxes, Wealth Management
The IRS has announced its annual inflation adjustments for the tax year 2025. These adjustments include the marginal tax rates, the standard deduction, the annual gift exclusion, and the foreign earned income exclusion. Marginal Tax Rates The 2025 tax brackets reflect...
by Springwater Wealth | Oct 16, 2024 | Divorce Financial Planning, Financial Planning, Wealth Management
Are you considering divorce or perhaps in the beginning stages of a divorce? If so, you are probably in one of the most difficult stages of your life. It is emotionally challenging. It can also be financially difficult. You will probably need professional help to get...
by Springwater Wealth | Oct 10, 2024 | Financial Planning, Retirement Concerns, Retirement Plans, Wealth Management
What is Medicare IRMAA? The Income-Related Monthly Adjustment Amount (IRMAA) is an additional charge applied to Medicare premiums for individuals with higher incomes. IRMAA applies to both Medicare Part B (medical insurance) and Medicare Part D (prescription drug...