by Springwater Wealth | Jun 21, 2022 | Investment Management, Wealth Management
Investing in the markets can be unnerving at times. At the time of this writing, the broader US stock market is in a “bear market” – down at least 20% from its most recent high – and the tech-heavy Nasdaq index is down over 34%. Looking back over time, we can see that...
by Springwater Wealth | Jun 14, 2022 | Investment Management, Newsletter, Retirement Plans, Taxes, Wealth Management
Each fall, the IRS announces retirement plan limits for the next year. In November 2021, we detailed those 2022 plan limits on our website. As we write this, we’re almost halfway through the year. Here are some tips to take advantage of the 2022 IRS retirement plan...
by Springwater Wealth | Jun 9, 2022 | Divorce Financial Planning, Financial Planning, Retirement Concerns, Wealth Management
America’s Social Security program provides economic security to millions. The Social Security program provides you with a source of income when you retire, or if you can’t work due to a disability. It can also provide benefits that support your legal dependents (your...
by Springwater Wealth | Jun 7, 2022 | Divorce Financial Planning, Financial Planning, Retirement Concerns, Wealth Management
Getting divorced can be a very emotional and difficult process. It can be stressful, painful and scary, even if you’re the one that decided to divorce. Divorce also has significant financial consequences for both partners. For that reason, it’s critical that you start...
by Springwater Wealth | Apr 29, 2022 | Financial Planning, Retirement Concerns, Retirement Plans, Wealth Management
If you’re retired and have health insurance through the Affordable Care Act (ACA) or Medicare, your premiums are directly related to your Modified Adjusted Gross Income (or “MAGI”). The higher your income, the higher your premiums. Unless you prepare your own tax...
by Springwater Wealth | Nov 8, 2021 | Estate Planning, Financial Planning, Taxes, Wealth Management
Erika seems to be slowly recovering from the recent loss of her husband of 43 years to the coronavirus. While John was 74 years old, he had no underlying health conditions. In fact, he was remarkably fit and took very good care of himself. They are still not sure how...
