by Springwater Wealth | Nov 11, 2020 | Financial Planning, Wealth Management
One of the most powerful benefits that young professionals can utilize in their employer’s benefits programs is the health savings account (HSA). What is an HSA? A health savings account is a tax-exempt trust or custodial account that allows you to set aside...
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 | Oct 6, 2020 | Financial Planning, Investment Management, Retirement Concerns, Taxes, Wealth Management
Introduction “It’s not how much you make, but how much you keep”. This fairly well-known quote gets at the heart of financial planning and investment management. It’s one thing to earn a nice income, to live within your means, and to save diligently. But it’s equally...
by Springwater Wealth | Jul 21, 2020 | Financial Planning, Newsletter, Taxes
Numerous studies show that individuals earn income that is directly correlated to their level of education. The higher one’s level of education, the greater one’s lifetime earnings. Think of a labor in an onion field with a grade school education versus a software...
by Springwater Wealth | May 27, 2020 | Financial Planning, Newsletter, Taxes
If you imagine your life as a journey, then you might think of a financial plan as a roadmap – or, if you’re a sailor, as a course to plot – designed to get you from where you are today to where you want to be in the future. During your journey you’ll encounter lots...
