Medicare Open Enrollment Begins October 15th

The beginning of fall always brings some much-anticipated changes – cooler weather, leaves changing color, and much more. For Medicare recipients, it may bring some not-so-welcome changes. Each year beginning in mid-October is what’s known as Medicare Open Enrollment. Whether you are new to Medicare or have been covered for many years, this is an important time to review your medical coverage.

Reminder: No RMDs This Year

Earlier this summer, the IRS made the announcement that they are waiving Required Minimum Distributions (RMDs) for retirement accounts in 2020. IRS Notice 2020-51 outlines the relief granted to retirement account owners, as part of an extension to the CARES Act.

The SECURE Act and its Impact on Retirement Account Beneficiaries

Last month, we discussed the passing of the Setting Every Community Up for Retirement Enhancement, or SECURE Act. In the article, we reviewed many of the changes this legislation made to the retirement planning landscape.

2019 Planning: Changes to Retirement Plan Limits, Medicare, and Social Security

As 2019 is underway, it’s important to review changes that impact investors - both accumulators and retirees. For those who are still working, the IRS recently released contribution adjustments for retirement accounts, like 401(k) plans and IRAs.

4th Quarter 2018 Newsletter

Please find below our 4th Quarter 2018 Newsletter. This issue contains articles on financial planning, investing, and the markets. We hope you find the information helpful.

Medicare Open Enrollment – Coming Soon!

We are quickly approaching the annual Open Enrollment period for Medicare. Open Enrollment begins October 15th and ends December 7th. It is an important time to review both your current Medicare Part B supplement plan (i.e. “Medigap”) and Part D prescription drug coverage.

Minor Change to Retirement Salary®

We're making a minor change to many of the Retirement Salary® portfolios, but these changes will not impact all clients in the program. This will depend on your current allocation, funds, and cash reserve needs.

Will Goodson Earns Top Social Security Designation

As many of you know, Will Goodson is not only one of our lead financial advisors, but also our "Social Security Expert." And recently he's taken his knowledge of this complex subject to the next level by attaining the National Social Security Advisors (NSSA®) designation.

Can Financial Synergies Manage My 401(k) Plan?

Yes, indeed we can! We are pleased to announce an expansion of our service to manage your employer’s retirement plan. This includes 401(k), 403(b), 457 deferred compensation plans and more.

The Myth of the Income Portfolio

We're sometimes asked by potential clients, looking to generate income in retirement, if we will construct for them an "income portfolio," enabling them to live off the dividends and interest without dipping into principal.

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