Client Newsletter 4Q23
Dear Ambassador Family, It’s the season of change! We have officially welcomed Fall and completed our merger with Charles Schwab. My team appreciates your patience as we continue to make sure everything is in good order. You are now able to log in and view your accounts through Schwab Alliance. If you have not already Read more ➝
How SECURE Should We Feel about DC’s New Tax Laws?
In the last weeks of 2019, congress passed numerous new laws that have investors scratching their heads. The Setting Every Community Up for Retirement Enhancement (SECURE) Act fall into that very category. So, what’s the good, the bad and the ugly of the SECURE Act? Let’s find out! PROS: 1. Now you can contribute to Read more ➝
Contributing to Your IRA by April 15 Could Lower Your 2019 Tax Bill
The tax deadline is quickly approaching. Are you looking to lower your 2019 tax bill? Contributing to your IRA by April 15th could lower your tax bill for 2019. The annual contribution limits for IRAs (both traditional and Roth) for 2019 is $6,000 for any working individual under the age of 50. Those over the Read more ➝
You Can Save More to Your IRA in 2019
Do you save for retirement? Here’s some good news! In 2019, you can contribute more than ever into your IRA. Traditional IRA contributions increased by $500, now totaling $6,000 for anyone under 50. If you are turning 50 or older this year, you can contribute up to $7,000 to your IRA. 1. IRS Increases IRA Read more ➝
11 Retirement Planning Strategies to Jumpstart 2019
1. Up Your Retirement Contributions The start of a new year is the perfect time to set new goals and save more. In 2019, you can contribute more than ever into your retirement accounts. Total contributions increased by $500, now totaling $19,000. If you are expecting a raise, bonus, or are able to sock away Read more ➝
Retirement Planning: Roth IRAs vs. Traditional IRAs
When you start thinking about retirement, it’s important to carefully consider the type of IRA you choose to open. Your risk tolerance, income, and investment goals can all help to determine if a Traditional IRA, Roth or even a Self-Directed IRA is the best fit for you. We encourage everyone to speak with a fiduciary Read more ➝
Where’s the Beneficiary Form…?
One of the biggest issues we hear about from our professional colleagues is inherited IRAs. When handling any IRA, the beneficiary form should be one of your top priorities. Checking your client’s beneficiary forms can be one of the highest levels of service you give them. Not only will this deepen your relationship with the Read more ➝