by Springwater Wealth | May 1, 2024 | Financial Planning, Investment Management, Taxes, Wealth Management
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...
by Springwater Wealth | Nov 2, 2023 | Investment Management, Retirement Plans, Wealth Management
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...
by Springwater Wealth | Apr 25, 2023 | Financial Planning, Investment Management, Retirement Plans
SECURE 2.0 Act On December 23, 2022, Congress passed legislation enhancing the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. The 2022 version, referred to as SECURE Act 2.0, was signed by President Biden days later. The plan includes...
by Springwater Wealth | Oct 21, 2022 | Investment Management, Retirement Plans, Wealth Management
The 2023 retirement plan limits have recently been announced by the IRS. These new limits are effective January 1, 2023. 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 | Apr 24, 2021 | Financial Planning, Investment Management, Retirement Concerns, Wealth Management
If you’re a Boomer (born 1946-1964), you’re either rapidly approaching retirement or you’re already retired. You’ve spent many years saving for retirement. While saving isn’t easy – just look at the dismal savings rate for most Americans as evidence – transitioning...
