A Wealth Plan Blog

There were two major changes to required minimum distributions (RMD’s) in 2020[1].  The first change was the age increase from 70½ to 72 as a result of the Setting Every Community Up for [...]

We are often asked the important question “How should I title my/our personal investment or bank account” or “what is the correct way to title my/our house?”  The answer in almost all cases [...]

Dear SWP Client, We want to provide you with some tax planning strategies as well as some savings tips for you to consider as 2020 comes to a close. AVOID UNEXPECTED TAX CONSEQUENCES [...]

Amidst the volatility and uncertainty caused by the COVID-19 pandemic, our firm remains steadfast in our commitment to safeguard you and your families, strengthen your businesses, and preserve and enhance your estates. The [...]

The U.S. Congress signed a $1.4 trillion year-end spending bill on December 20, 2019.  Neatly tucked away inside this new spending law is the Setting Every Community Up for Retirement Enhancement (SECURE) Act, [...]

For 2020, the rules governing required minimum distributions (“RMDs”) from retirement plans and early withdrawals of retirement plan funds have changed.    Please take time to read this summary of important changes especially if [...]

We often receive questions about Roth IRA conversions, the main question being “Should I convert my traditional IRA to a Roth IRA”?   The answer to that question is that anyone can convert their [...]

For our first client communication in 2020, we want to share important information on how to protect one of your most valuable assets, your personal information. Your personal, private information (“PI”) is any [...]

  As we approach the Holiday Season, we want to share some year-end charitable and family gifting reminders.   The following list contains general information for your review and consideration.   The first and best [...]