Viewpoint


What the Proposed SECURE Act Might Mean for You

In last month’s Viewpoint, Dan Krstevski outlined Individual Retirement Account (IRA) distribution rules and alluded to legislation making its way through congress called the SECURE Act.  SECURE stands for “Setting Every Community Up for Retirement Enhancement.” We don’t usually like to talk about pending legislation in Washington, but almost all […]


Individual Retirement Account Distribution Rules and Requirements

With an effort to increase the American retirement savings rate, Congress established Individual Retirement Accounts (IRAs) through the Employee Retirement Income Security Act of 1974.  IRAs have greatly advanced since their creation, allowing for tax-deferred, and in some cases tax-free, growth of retirement assets.  Also, they allow greater contribution limits […]


The Boys of Summer

My five-year-old recently started t-ball and the games have been even more fun to watch than I imagined.  The kids are young enough that they don’t bother to keep score and the concept is just to introduce the game and help teach the rules.  Despite the best efforts of parents […]


A Frank Discussion About Aging

Two recent developments have placed the financial status of older Americans in sharper focus.  One development was a report from trustees for Social Security and Medicare.  In 2020, Social Security revenue will be insufficient to pay benefits, requiring the fund to dip into its reserves for the first time since […]


Charitable Giving

In December 2017, the Tax Cuts and Jobs Act became law.  This new law created sweeping changes to the tax code that has impacted the landscape for charitable giving. For example, the standard deduction has been greatly increased, whereas some itemized deductions have been reduced or eliminated.  While tax deductions […]


Rich Kid Poor Kid

Dear Clients, I have a favor to ask.  If you have a minute and the inspiration strikes, would you please reach out to me with any anecdotes or observations about how money has affected your family, for better or worse? I’m particularly interested in relationships between parents and kids, something […]


“Sell, Mortimer! Sell!”

The line, “Sell, Mortimer!  Sell!” comes from the iconic 1980s movie, “Trading Places,” where the film’s heroes, played by Eddie Murphy and Dan Aykroyd, get the better of villains Randolph and Mortimer Duke while trading orange juice futures contracts—which is yes, a real thing.  In the pivotal scene, Murphy and […]


Investors Need More Information, Not Less

President Trump often announces his policy interests through twitter.  Last August 17th he tweeted this: It was later learned that the idea for dropping quarterly reporting came from a conversation with former Pepsi CEO Indra Nooyi that focused on ways to improve job growth.  Mr. Trump was quoted in the […]


Year End Financial Planning Tips

The end of the year is a great time to review your finances.  Whether you’re still working or retired, there are changes you can make to ensure that you’re not leaving any money on the table.  These changes can help reduce your 2018 taxes and set up for a more […]


Getting Your Financial House in Order

No one likes to think about their demise.  However, like Ben Franklin’s ubiquitous saying goes, nothing in this world is certain except death and taxes.  This Viewpoint is a practical warning about steps you need to take, or need to have your elderly parents take if you are fortunate to […]