by Springwater Wealth | Nov 2, 2020 | Retirement Concerns, Retirement Plans
The 2021 retirement plan limits have recently been announced by the IRS. These new limits are effective January 1, 2021. 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...
by Springwater Wealth | Sep 29, 2020 | Newsletter, Retirement Concerns, Retirement Plans
Start Planning Early Renowned investor Warren Buffet reportedly once said, “Someone’s sitting in the shade today because someone planted a tree a long time ago.” Indeed, one of the keys to overcoming retirement concerns, and to creating a successful retirement,...
by Springwater Wealth | Sep 15, 2020 | Newsletter, Retirement Concerns, Retirement Plans
If you were born between the mid 1940s and the mid 1960s, you’ve been labeled a “baby boomer” by economists and population researchers. Setting aside all the predictable jokes, there are some things that make you and your fellow “boomers” unique. One of those is that...
by Springwater Wealth | Aug 26, 2020 | Newsletter, Retirement Concerns, Retirement Plans
If you are approaching or already in retirement, then you are probably at least somewhat familiar with “required minimum distributions” (RMDs). The term applies to the distributions that the Internal Revenue Service (IRS) requires you to take from a retirement...
by Springwater Wealth | Aug 25, 2020 | Newsletter, Retirement Concerns, Retirement Plans
Baby Boomers – defined as the generation born between 1946 and 1964 – are heading into retirement by the millions each year. The first Baby Boomers reached “full retirement age” for Social Security in 2008, and the last of them will reach this milestone in 2031. The...