by Springwater Wealth | Jan 16, 2026 | Financial Planning, Investment Management, Retirement Concerns, Wealth Management, Women and Wealth
Life often has a way of changing in an instant. For many women, a new chapter begins not with a planned transition, but with the profound silence that follows the loss of a spouse or the difficult conclusion of a marriage. In these moments, the world can feel smaller...
by Springwater Wealth | Oct 23, 2024 | Financial Planning, Taxes, Wealth Management
The IRS has announced its annual inflation adjustments for the tax year 2025. These adjustments include the marginal tax rates, the standard deduction, the annual gift exclusion, and the foreign earned income exclusion. Marginal Tax Rates The 2025 tax brackets reflect...
by Springwater Wealth | Jul 20, 2024 | Financial Planning, Retirement Plans, Taxes, Wealth Management
The Internal Revenue Service has finally clarified the rules on required distributions from inherited retirement accounts, like IRAs, 401(k)s and 403(b)s. The rules affect most heirs, but not spouses. The new guidance applies to both future inheritors and those who...
by Springwater Wealth | Jun 17, 2024 | Divorce Financial Planning, Estate Planning, Financial Planning, Retirement Concerns, Wealth Management
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...
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...
