What is the Survivor Penalty? The Survivor Penalty refers to the increased tax burden and potential reduction in benefits that occur when a married person becomes widowed. This life change often leads to higher taxes and reduced income for the surviving spouse. Why...
When planning for a secure and comfortable retirement, converting a traditional Individual Retirement Account (IRA) to a Roth IRA can have major long-term benefits. While everyone’s financial situation differs, there are several compelling reasons why converting some...
If you are charitably inclined, you should consider making your gifts to your favorite charities through a Donor Advised Fund (or “DAF”). What is a Donor Advised Fund (or “DAF”)? A Donor Advised Fund (or “DAF”) is a philanthropic giving vehicle that allows donors to...
You can read our market commentary for the first quarter of 2024 here. PLEASE SEE important disclosure information at www.springwaterwealth.com/blog-disclosure/.
INTRODUCTION The Inflation Reduction Act of 2022 includes several provisions to lower prescription drug costs for people with Medicare and reduce drug spending by the federal government, including a number of changes to the Medicare Part D drug benefit. These changes...
If you are 70 ½ or older and you are charitably inclined, you should be making your gifts to your favorite charities through Qualified Charitable Distributions (QCDs) from your retirement accounts. What is a Qualified Charitable Distribution (QCD)? A QCD is a...
You can read our market commentary for the fourth quarter of 2023 here. PLEASE SEE important disclosure information at www.springwaterwealth.com/blog-disclosure/.
The 2024 retirement plan limits have recently been announced by the IRS. These new limits are effective January 1, 2024. 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...
You can read our market commentary for the third quarter of 2023 here. PLEASE SEE important disclosure information at www.springwaterwealth.com/blog-disclosure/.
You can read our market commentary for the second quarter of 2023 here. PLEASE SEE important disclosure information at www.springwaterwealth.com/blog-disclosure/.
The idea of retirement - after decades of a stable, predictable routine for your work and personal life - can be both exciting and a bit daunting. After all, you’ll be entering a new phase of life that can be very rewarding. What sort of life do you want in...
Background In December 2022, Congress passed legislation that enhanced the 2019 SECURE Act. The enhancement - referred to by many as SECURE 2.0 Act - was signed by President Biden and enacted immediately. The law includes a number of significant provisions that will...
OUR ADDRESS
5335 Meadows Road, Suite 240
Lake Oswego, OR 97035
OUR PHONE
(888) 998-4796
OUR EMAIL
questions@springwaterwealth.com
CONNECT WITH US
Want to keep up with the latest news from Springwater? Follow us across our social networks.