Connecting You and Your Wealth

 

5 Reasons To Stay Invested In Stocks At Market Highs (July 26, 2017)

Wall Street - staying invested in the marketThe stock market’s been on a tear recently, setting new all-time records, despite a plethora of unsettling headlines about the Donald Trump Presidency, global trade tensions, the North Korean crisis, and more. Like many people, you might be questioning whether to stay invested in the stock market, or sell in preparation for a market downturn.

Market anxiety can be universal at any age, but it often peaks if you’re nearing, or are already in, retirement, when the stakes are higher to protect your nest egg. Whether you’re approaching retirement, a retiree already, or are simply questioning your investment strategy, here are five reasons to stay invested in the stock market, even at market highs.  Read More

What To Consider Before You Retire Part-Time (July 19, 2017)

Retired Fisherman

Fisherman-415554 Pixabay MhyThe word ‘retirement’ often has the connotation of an immediate and complete transition out of the workforce and into an uninterrupted life of leisure. However, for many individuals, full-time retirement might seem too abrupt, particularly if your work represents a significant part of your identity and is fundamental to your financial well-being. If this rings true for you, you might consider transitioning into retirement. Working part-time as you approach retirement can help to reduce stress and free up personal resources, while offering professional and financial perks.

As with all major life, work and financial decisions, there are a number of important factors to evaluate. Our ‘top of the list’ questions to ask include the following recommendations.  Read More

Why You Should Have A HELOC (July 12, 2017)

Signature --- Image by © Royalty-Free/CorbisWhen it comes to your financial stability, planning ahead is essential. A Home Equity Line Of Credit (or HELOC) can gain you an added level of financial security for the future, and is best considered while you’re in a healthy financial position.

Having an open line of credit on your house can be a valuable tool. It serves as a cash insurance policy, giving you financial flexibility when and should you need it, at nominal costs of securing capital. A HELOC gives you the ability to draw upon the value of your home, but you’re never obligated to do so. You can simply pay an annual fee to know that you have access, if needed, without incurring debt. When might a HELOC be of use?  Read More

Preparing To Celebrate 100 Months Of A Bull Market (July 6, 2017)

Investment Commentary Icon Q2

Investment Commentary Icon Q2We recently released our quarterly commentary for the second quarter of 2017. Highlights are as follows:

– The first half of the year marks one of the strongest upturns in stocks in recent history.

– Several market drivers are supporting returns, giving rise to optimism looking forward.

– Central bank actions are one notable cautionary point on the horizon, with little historical reference for consideration or predictions. Read More

How To Enjoy An Amazing Vacation And Save Money (June 23, 2017)

Family on beachWhether you’re working or retired, if you’re like most people, one of your primary goals is to enjoy more vacation time and travel. Time away allows you to relax and recharge your batteries, as well as explore and expand your horizons.

We firmly believe that your wealth should be enjoyed, including the opportunities it provides to your and your family. Travel can be a big ticket item, so here are our top tips to help you maximize your enjoyment, without maxing out your credit cards.

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Teaching Your Kids About Money In A Digital Age (June 16, 2017)

Teen paying by phoneLearning about money as a resource for life achievement is a critical aspect of your child’s development. You can encourage financially savvy kids through age-appropriate activities and responsibilities that focus on key financial principles like savings for kids, budgeting, and giving. Piggy banks, chores, and allowances are some of the traditional tools that can help support your child’s financial education.

What happens to financial literacy, though, in today’s digital age, when your kids are more likely to see you pay by swiping a credit card or phone, rather than with cash?  Read More

How The New DOL Fiduciary Rule Affects You (June 9, 2017)

US Department of LaborThere’s a lot in the news lately about the introduction of the US Department of Labor (DOL) fiduciary rule for financial advisors who offer retirement planning and services. Originally slated for implementation in April of this year, the ruling was put on hold by President Trump back in January. It now takes effect on June 9, 2017.

SageVest has always proudly served as your fiduciary, putting your best interests central to each of our recommendations in support of your broader wealth objectives. Following is an overview of the DOL ruling’s current form, how it’ll help investors, and more.  Read More

Summer Fun – Free Activities For Kids, Families And Adults (June 2, 2017)

Free summer activitiesAs the long, hazy days of summer stretch ahead, it can prove challenging to find fun summer activities for your kids and yourself that keep everyone happy and occupied without breaking the bank.

SageVest’s extensive list of free activities offers interesting ideas everyone can enjoy, whatever your age. Enjoying free activities with your kids, partner, friends, or other family members is a great way to spend quality time together. Free activities not only save you money, but also demonstrate that fun doesn’t always have to come with a dollar sign attached.  Read More

New And Improved Washington DC College Savings Plan Options (May 24, 2017)

Washington DC school busWashington DC residents have long been underserved and underrepresented. While we don’t have any updates on representation, we do have good news about college saving options for DC residents, and associated tax benefits.

Washington DC’s College 529 Plan recently introduced changes to add stronger investment choices and reduce fees.

This is a great saving recipe if you’re a DC resident saving for college and seeking to gain DC income tax deductions too.

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SageVest Wealth Management – 10 Years As A Fee-Only Financial Advisor (May 15, 2017)

SageVest - Top Fee-Only Financial AdvisorJennifer Myers, CFP ® established SageVest Wealth Management in May 2007, to provide high quality, customized, and comprehensive investment management and financial planning services to individuals, families and business owners in the Washington, DC area and beyond.

A decade later, and with twenty years of experience, Jennifer’s the recipient of multiple top advisor awards, including Washingtonian Top Financial Advisor, and SageVest is celebrating our tenth anniversary! This seems an ideal time to thank our clients, and to offer a quick reminder of our services, our fields of expertise, and the core principles that guide us in pursuit of your financial and life goals.  Read More

How To Invest During A Trump Presidency, Post 100 Days (May 10, 2017)

DC Cherry Blossoms and Capitol

DC Cherry Blossoms and CapitolThe stock market’s rally during President Trump’s first 100 days in office has been impressive, with post-election performance surpassed only by the stock market surge following President Kennedy’s election.

As President Trump enters the next phase of his presidency, however, questions abound about the future of investments, the economy, and the country under the not-so-new administration. We offer our thoughts on portfolio positioning under Trump, sector winners and losers, and how investors should expect the unexpected.  Read More

Graduation Gifts For Financial Success (May 3, 2017)

Hispanic Student And Family Celebrating GraduationCongratulations if your child, grandchild, or other family member is about to graduate from college! Attaining a degree is an accomplishment worthy of celebration. It’s also a time for your grad to transition into independence, learning financial and life responsibilities to achieve future success.

If you’re searching for a meaningful graduation gift to encourage lifelong wealth, SageVest advisors offer ten of our favorite financial gifts for college graduates.

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12 Tips For A Successful Retirement (May 2, 2017)

Retired couple on beachThe notion of retirement is both alluring and complex. It’s the period in your life when you want to enjoy yourself, in good health, with the resources available to fulfill a variety of life ambitions.

Today, your retirement may extend over several decades, offering incredible opportunities to enjoy, partake, and experience a host of life adventures. However, longer retirement periods also require greater resources, and planning ahead is essential. Here are twelve tips for enjoying a successful and rewarding retirement.  Read More

Why Your Company Insurance Isn’t Enough (April 27, 2017)

Company life and disability coverage - istock JirsakMost employers offer group life and disability insurance coverage. While this is an important benefit for employees, it doesn’t mean that you’re adequately covered. In fact, if that’s all the coverage you have, you could be woefully under-insured.

It’s always best to evaluate insurance coverage earlier in life rather than later, as rates and terms are tied to your health and age. Here are some basic tips on evaluating your coverage and what to consider when purchasing additional insurance.  Read More

Managing Healthcare Costs In Retirement (April 21, 2017)

Healthcare CostsThe cost of healthcare is a common concern for most Americans. For retirees, it’s often their number one financial priority. A combination of quickly rising health insurance costs and the potential for increased medical needs as you age can make planning for healthcare in retirement complex, unpredictable, and therefore, worrisome.

However, there are actions you can take to mitigate your risks, minimize your healthcare costs, and help you enjoy a happy and healthy retirement.  Read More

Downsizing Your Home (April 11, 2017)

Downsizing Your HomeFor decades, home sizes have been increasing. The average American home today is about 1,000 square feet bigger than it was in the 1970s. Now, however, a competing trend is emerging. Led by the ‘Tiny House’ movement, there’s a shift towards enjoying a more minimalist lifestyle and downsizing to more sustainable living spaces.

There are a host of reasons why you might be considering downsizing your home. It may be in preparation for aging, to reduce living expenses, to simplify your lifestyle, for eco-friendly principles, or more. Whatever the reason, downsizing involves serious consideration. There are a lot of decisions to make as you embark on your downsizing journey.  Read More

Investment Outlook, Given Politics And Interest Rates (April 6, 2017)

Investment Commentary Icon Q1We recently released our quarterly commentary for year-end 2016. Highlights are as follows:

– The first quarter set new market highs in the Dow Jones Industrial Average and S&P 500 indices.

– While the markets remain strong, warning signs could be emerging, including political discord, rising rates and high valuation levels.

– Investors are encouraged to be mindful of risk exposure in pursuit of their desires to both grow and preserve. Read More

The Pros And Cons Of Target-Date Funds (March 31, 2017)

Couple and advisor DragonImagesTarget-date funds have made investing easier over the past few decades, offering investors a one-stop investment solution. Also known as life-cycle or age-based funds, they comprise of a mix of holdings that alter over time, based upon a specific target date.

Such funds have allowed many individuals to gain confidence investing beyond cash and CDs. This is a positive step forward, and there are certainly merits to using target-date funds in a number of situations. However, there are also indicators that a savvy investor should be cognizant of in advance.  Read More

Tips To Help You Raise Financially Wise Children (March 27, 2017)

Woman with child (iStock000041177846L AZemdega)Money management skills lay the foundation for lifelong success, and the path to financial wisdom begins in childhood. In recognition of Financial Literacy month in April, we’re proud to announce the launch of SageVestKids, a website dedicated to helping you raise happy, financially wise children through developmentally appropriate activities and responsibilities.

Our new site has already been recognized by CNBC, Investment News, and Yahoo Finance as a rich resource for financial literacy, and we encourage you, your family, friends and others to visit SageVestKids for more information. Below are some of our top tips in brief to help you guide your kids towards financially rewarding lives. Read More

Decluttering Your Life (March 22, 2017)

Sunny living roomPapers, mementos, clothes, and more: there are many reasons why we amass an abundance of things that can end up making our homes look and feel messy. Keeping clutter under control enhances your home’s attractiveness, function, and value, and numerous studies prove that it can improve your overall outlook on life.

Your desire to declutter may be a response to a life event, like inheriting belongings from a family member, deciding to downsize your home, the end of a relationship, or the start of a new one. Regardless of the impetus, there’s a process to calming your clutter.  Read More

Six Reasons Why You Might Not Elect Joint Ownership (March 15, 2017)

Couple with advisorJoint ownership is one of the most common forms of asset titling. It offers numerous benefits centered on sharing use and control, it allows transparency of assets, and it helps with daily money management and bill paying.

While the decision to jointly title assets often seems straightforward, there are underlying considerations to be taken into account, particularly when it comes to non-spousal shared assets. For the following reasons, think carefully before you sign on the dotted line to initiate joint ownership with a significant other, family member or friend.  Read More

Is Maxing Your 401(k) Enough? (March 6, 2017)

Reaching the topIf you’re like most Americans, a 401(k) or similar retirement plan represents the bulk of your long-term savings. Every year, the IRS places limits on the annual contributions you can complete to these and other qualified retirement plans. Too often, people mistakenly think that if they’re contributing these maximum annual amounts, they’re saving as much as they need. While these limits might be acceptable for some individuals, they may not be adequate for everyone. The reality is that the amount you need to save for retirement hinges upon the following five key factors.  Read More

Housing Choices In Retirement (February 17, 2017)

Preparing dinnerFor many of us, our home is our largest asset. It also represents one of the biggest decisions to be made in retirement. Choosing whether to stay in your home or to move is a common consideration, as you enter retirement or at a later date. There are a multitude of things to contemplate, including location, family and friends, memories, climate, home maintenance, finances, and your health, just to name a few.

If you, a family member or a friend are deliberating on this topic, we offer some insights into the most important aspects of this decision, to help you evaluate your housing options, now and longer-term.  Read More

Smart Ways To Save When Planning A Wedding (February 15, 2017)

wedding-pixabay-omarmedinafilms-1183271An important aspect of financial planning is not only balancing your expenses on a day-to-day basis, but also planning ahead for larger anticipated expenses. A wedding is a joyous celebration. Yet the big day can also come with a big price tag; the average American wedding in 2015 cost more than $30,000.

Whether you’re paying for your own wedding, or you’re a parent or grandparent footing the bill or sharing the costs, it’s important to set a realistic budget for the event and plan accordingly. Here are some subtle ways to save on costs, while still achieving a perfect day.  Read More

A New Year, A New Tax Year (February 8, 2017)

Tax Return 1040The 2017 tax filing season began on January 23, 2017. That’s the day that the IRS began accepting electronic tax returns. Electronic filing is now the most popular method for preparing and submitting tax returns, accounting for more than 80% of total returns filed in the US. Altogether, an estimated 153 million individual returns will be submitted during the upcoming tax year.

This year sees a number of updates to tax return processing. In line with our commitment to facilitate client tax preparations, we offer an overview of the latest IRS updates.  Read More

A Potentially Inflationary Era Ahead (February 2, 2017)

Man with binocularsPresident Trump has hit the ground running since his inauguration, with a flurry of executive activity on many different fronts. While it’s early in the new administration to start making forecasts, a number of key strategies aimed at boosting the economy also suggest that a potentially inflationary environment could be ahead.

A healthy growing economy would be a positive step forward for the US. Furthermore, some additional level of inflation could be a welcome event after years of relative stagnation. However, potential signs of inflation always deserve some advance consideration, both within your investments and within your personal finances. Read More

The Dow 20,000: Looking Past A Record High (February 1, 2017)

Reading the investment newspaper

Reading the investment newspaperThe Dow Jones Industrial Average (Dow) recently topped 20,000, setting a new record high and achieving a symbolic moment in US investment history. Investor sentiment has been climbing for a number of months, and a recent post-election market rally energized the Dow to finally cross this much-anticipated market boundary. The last time the Dow crossed such an important threshold was in 1999, when it hit 10,000.

This recent market movement begs the question of what happens next. Could this latest defining moment in the Dow’s history echo the downturn that followed 1999’s high point, when it took 11 years to re-secure the Dow’s standing of 10,000? Alternatively, will the momentum continue, extending the second longest market rally in recent times, and providing investors with increased opportunities for financial advancement? Read More

Cash and Couples – The Six Cs of Success (January 26, 2017)

Young couple in cafe“Love and marriage, love and marriage, it goes together like a horse and carriage.” 

What Frank Sinatra didn’t mention in his famous song is who pays for the horse and who pays for the carriage. Opposites often do attract, and that includes opposing money styles.

To help ensure harmony at home, SageVest offers some guidance on how to improve your relationship with money and with your partner.

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Ten Relationship Tips For Working Women (January 18, 2017)

Female ExecutiveMore than half of today’s college enrollees are women, making it likely that the number of working women will continue to dramatically rise in the coming years. Despite these facts, social roles often remain rooted in the past. This can create challenges in your personal relationships, especially as you accumulate independent wealth and become more engaged in financial decision-making for yourself and loved ones.

Whether you’re a working woman yourself, a supportive relative, or a friend of a professional woman, here are some tips on how to achieve relationship, family, and financial harmony in today’s new reality.  Read More

2016: A Year Of Surprises (January 5, 2017)

Investment Commentary Icon Q4We recently released our quarterly commentary for year-end 2016. Highlights are as follows:

– 2016 was a historic year in politics and the markets, with surprise reactions to populist movements.

– 2017 will undoubtedly bring changes with a pro-growth, pro-business administration, possibly fueling an extended bull market.

– Valuations are rich, potentially supported by rising earnings, but stand as a warning signal. Read More

Milestone Birthdays – Age 62: Early Social Security (January 4, 2017)

MM 2017 Age 62 Birthday - iStock monkeybusinessimagesIs 62 your lucky number? If you’re eligible, that’s the earliest age you can start receiving Social Security retirement benefits.

If you decide to start collecting benefits before your full retirement age, you’ll be in good company. According to the Social Security Administration (SSA), around half of all Americans elect to receive their Social Security benefits early. (Source: US Census Bureau)

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Milestone Birthdays – Age 66: Full Social Security (January 2, 2017)

MM 2017 Age 66 Birthday iStock monkeybusinessimagesCongratulations! You are (or soon will be) age 66, Social Security’s full retirement age for people born before 1960.

This is an important milestone for two reasons:

If you didn’t previously elect to receive early retirement benefits, you’re now eligible to receive 100% of your Social Security benefit, plus you’re no longer subject to the excess earnings limit, so if  you plan to continue working, your benefits will not be reduced. Read More

Milestone Birthdays – Age 70: RMDs & Maximum Social Security (January 1, 2017)

MM 2017 Age 70 iStock monkeybusinessimagesCongratulations!

You are (or soon will be) age 70. Maximum Social Security benefits begin at Age 70, and Required Minimum Distributions (RMDs) begin at Age 70 1/2.

SageVest offers a series of educational publications, designed to inform you about your retirement options, Social Security benefits, and Medicare elections as you transition out of the workforce. Please contact us for more information, or to discuss your broader retirement planning. Read More

New Year Resolutions For Financial Fulfilment (December 21, 2016)

Family Sledding - CorbisFor many people, the New Year brings the promise of change and a fresh outlook on life. New Year resolutions can help you define and achieve personal goals, family initiatives, career ambitions, home projects, dream travel plans, and much more.

Including wealth planning in your New Year resolutions helps to ensure that your money works in support of your life objectives. It also defines a clear pathway toward your personal and family objectives. SageVest offers the following resolutions to encourage a fulfilling financial future for all. Read More

SageVest Season’s Greetings, Gratitude And Gifts (December 20, 2016)

Holiday Thank Yous - istock/NelosaThe holiday season brings a host of opportunities to use your wealth in meaningful ways, as you focus on loved ones, share festive wishes with those near and far, and consider year-end giving objectives.

SageVest chooses the holiday season to extend our best wishes for your health, wealth, and happiness throughout the festive season and into the New Year. We also choose this special time of year to direct our company’s philanthropic endeavors. This year, in addition to our traditional charitable partnership, SageVest asked for your input in selecting other deserving organizations in need of our support. The votes are in and the winners are … Read More

7 Mortgage Tips For Retirement (December 13, 2016)

Fun coupleEntering retirement debt-free is psychologically and financially liberating. Yet for many individuals, enjoying lower expenses during retirement can turn out to be nothing more than a myth, in large part due to your mortgage.

Your mortgage payment is typically your largest monthly obligation. Today, people seldom stay in the same house long enough to pay off a 30-year mortgage. Even if they do, many people restart the payment clock by refinancing or by taking out a home equity loan. Here are seven tips to consider if you’re contemplating your mortgage as you enter retirement. Read More

How To Be A Philanthropist (December 8, 2016)

Volunteering - Disaster ReliefFor many people, one of the greatest joys that wealth can bring is the opportunity to give to a charitable cause that reflects your personal values, individual beliefs, or life experiences.

In support of your giving goals, here’s a quick list of tips to enhance the value of your charitable gifts, both during the upcoming giving season and throughout the year.

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Maximize Your Self-Employed Retirement Savings (November 29, 2016)

Businessman - iStock/Minerva StudioIf you’re self-employed, you could be facing deadlines for important decisions about establishing a retirement account before year-end.

One of the most valuable self-employed savings vehicles, whether you’re a sole proprietor or more formally established, is a solo 401(K), also known as an individual 401(K). This powerful retirement savings account allows flexibility and significant tax deferral opportunity, far greater than traditional 401(K) accounts. If this account is right for you, you can defer contributions until your tax filing, but the deadline to establish an account for the current tax year is December 31st.   Read More

How To Avoid Family Inheritance Squabbles (November 17, 2016)

Fighting over moneyDiscussing your wealth and your wishes with loved ones in advance is essential to safeguarding both your requests during your lifetime and your bequests in the future. Yet it’s typically the single most avoided conversation for most families.

Planning ahead can help define preferences, avoid hurt feelings and confusion, and ensure a smooth transition of wealth to later generations.

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Top 12 Tax Planning Tips, With Possible Changes Ahead (November 16, 2016)

News Year Eve 2017 Pixabay-1664737_1920 PixalineWith year-end approaching, tax planning becomes a key factor, particularly considering possible tax changes following the recent election. It’s impossible to predict the full landscape of changes that might occur in 2017 or beyond. However, now’s the time to take stock of both current and potential future opportunities.

Here are our top recommendations and related potential tax changes based upon current tax reform plans under consideration. We encourage you to contact us to discuss these and other end-of-year strategies before December 15th. This ensures you have time to think, plan and act, as most tax planning must be implemented before December 31st.  Read More

Tax Opportunities For Military Members (November 11, 2016)

DoD-166542-s-czw40-2931Each Veterans Day, SageVest is proud to join the rest of our nation in offering thanks to the brave men and women who defend our everyday freedoms. We thank you for your service.

Gratitude for your dedication also comes from perhaps a more unexpected source: namely, the IRS and state tax agencies. There are a variety of special Federal and state tax breaks available only to members of the US Armed Forces; because the sacrifices that you and your family make should not extend to your finances.

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Election Results Impact On Investment Portfolios (November 9, 2016)

White House as darkness fallsRegardless of your political thinking, if you own investments, you likely find yourself now pondering the potential impacts of last night’s Presidential election results upon your holdings.

Up until last night, the polls and the markets had largely anticipated a Hillary Clinton win. Donald Trump’s victory has introduced an element of uncertainty, something that the markets typically don’t favor.

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Jennifer Myers – An Award-Winning Financial Professional (October 24, 2016)

2016 Five Star Wealth ManagerThe SageVest team provides comprehensive and customized investment management and financial planning services to individuals, families, business owners, and others throughout the Greater Washington, DC, area. While our services are broad in scope, our results are in-depth, coordinated, and tailored to your unique wealth management needs.

We are proud to announce that SageVest President, Jennifer Myers, was once again named as a Top Wealth Advisor for the Washington, DC Metro area.  Read More

Time For Your Medicare Check-Up (October 11, 2016)

Doctor and woman patientThe Medicare Annual Enrollment Period starts on October 15 and runs through December 7. That makes now the perfect time for retirees to review and, if warranted, change your policy coverage.

Taking the time to examine your Medicare options each year is a wise move for both your health and your wealth. Evaluating your coverage can highlight policy and premium changes that may otherwise prove costly in relation to your current health needs. We offer some recommendations to help you minimize your healthcare costs during retirement.  Read More

Drifting Toward An Eventful Year-End (October 5, 2016)

Investment Commentary Icon Q3We recently released our quarterly commentary. Highlights are as follows:

–  The third quarter was docile, allowing markets to advance and support modest, yet encouraging, year-to-date results.

–  US elections and a December meeting of the Federal Reserve could make the fourth quarter more volatile as the markets await and absorb results.

–  Absent a resurgence in corporate earnings, investors might need to gain comfort with more speculative momentum investing.   Read More

Hiring A Domestic Employee (September 30, 2016)

Baking togetherFor many people, juggling family, work, and household priorities can be a daily challenge. If your finances allow, hiring some household help can streamline your schedule and free up precious time for you to spend enjoying what matters most, with the ones you love.

Whether you’re considering a part-time maid to help keep your home tidy, or someone for a more demanding role like a live-in caregiver or personal assistant, there are a number of factors to weigh carefully before you hire someone. Read More

Investing Your Inheritance (September 28, 2016)

Fortune cookieReceiving an inheritance is generally a time of mixed emotions. The potential of the financial legacy to improve your lifestyle is typically tempered by grief over the loss of someone near and dear.

You can honor your loved one through careful stewardship of the inheritance. There are multiple factors to consider when deciding how best to invest your windfall. Take your time to make reasoned and logical decisions that support your long-term life goals, including retirement. Jennifer Myers recently discussed how personal investment tolerance and the size and nature of the inheritance can impact these important decisions, in US News & World Report’s article: ‘How To Invest An Inheritance For A Comfortable Retirement‘. Read More

Structured Or Market-Linked CDs (September 19, 2016)

Portfolio reviewFor the past several years, many investors have been tempted by the too-good-to-be-true descriptions of structured CDs (also known as market-linked CDs). These instruments often claim to offer the upside of stock market or other investment exposure, with little-to-no downside risk.

Enough years have now passed since the inception of structured CDs to allow adequate evaluation of their investment results. A recent analysis reviewed their effectiveness, and the results support the age-old saying of, “If it sounds too good to be true, it probably is.” Read More

Top Financial Professional Award For Jennifer Myers (September 9, 2016)

NoVA Magazine 2016 WinnerWhen it comes to wealth management, SageVest combines breadth of experience and depth of knowledge with principles like integrity, trust, and attention to detail.

It’s gratifying when these qualities are recognized by others.

We are pleased to announce that Jennifer Myers is the recent recipient of the following award for the Northern Virginia region.

 

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OPM Announces Life Insurance Enrollment For Federal Workers (September 6, 2016)

Female US Air Force Employee FilingLife insurance is an essential component of your wealth management strategy, helping to preserve your assets and providing you with peace of mind. Coverage is available individually or, if your employer offers it, as part of a group life policy.

If you’re a Federal government worker, you may be entitled to coverage under the Federal government’s group life policy, FEGLI (Federal Employees’ Group Life Insurance Program). If so, this month is an important time to consider your options, as Open Season commences for the first time since 2004.  Read More

Retirement Funds And Divorce (August 29, 2016)

Divorce settlementWhen a couple divorces, the fall-out can affect your finances too. Retirement funds in particular can prove complex in how they’re divided during the divorce settlement and restructured for the future. Professional financial advice can help preserve your share if you’re the retirement fund owner, or ensure equitable distribution if you’re the other party.  Michael Fuhr recently highlighted the importance of retirement fund tax rates during divorce negotiations in US News & World Report’s Investment article: ‘12 Steps To Protect Your Money In Divorce‘. Read More

FAFSA Application Changes (August 24, 2016)

Student at college librarySageVest is committed to providing you with timely and appropriate information and updates that encourage smarter financial planning decisions and help translate your wealth potential into real life solutions of benefit to you and your loved ones.

To that end, we wanted to let you know about upcoming changes to the Free Application for Federal Student Aid (FAFSA) application process that may be of interest to you or those you know. 

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New Campus Banking Rules Benefit Students (August 10, 2016)

Group of teens with laptopIf you’re college-bound this Fall, you’ll benefit from a recent Department of Education ruling that governs certain campus debit and prepaid cards.

These cards are often marketed by colleges as an easy way for you to receive and use remaining Federal aid funds, once your tuition and other fees have been disbursed.

The new ruling, which took effect July 1, is designed to provide broader options regarding how you receive your student aid, aims to limit excessive fees, and much more. Read More

Eight Common Estate Planning Mistakes (August 5, 2016)

Woman Thinking AloneYour estate planning documents express your wishes for your own care and wellbeing during your lifetime. They also guide care for your dependents, define legacies, and provide instructions about other matters in the future.

We recommend that you review these important documents every two to three years; sooner, if you experience a significant life event e.g., marriage, divorce, birth of a child, etc.  If it’s time to refresh your estate planning documents, consider addressing these sometimes overlooked items as part of your updates. Read More

College Funding Decisions (July 29, 2016)

Male college studentHelping your teen embark on their college experience entails a host of decisions more important than which mini fridge to purchase or what color shower caddy to choose.  For parents, one of the primary decisions is how to fund the tuition bills.

Hopefully you’ve been diligent in preparing for the costs of college. There are several types of accounts you might have contributed to over the years in order to accumulate college savings. If you have balances in both custodial accounts (UGMA and UTMA) and Section 529 Plans, which should you draw upon first to begin funding your child’s higher education?  Read More

Taxable Pay For Business Owners (July 18, 2016)

Businessman in suit thinkingIf you’re an entrepreneur, you know that running a business requires ongoing work and planning. For your business to succeed, the most fundamental elements are to grow revenues and maximize profits.

One of the most tempting ways to keep your company expenses low is to pay yourself very little, or even nothing, in the form of W-2 income. While this strategy will definitely lower your payroll expenses and some tax liabilities, there may be potential personal and business costs in the long-run.

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The World Post-Brexit (July 7, 2016)

Investment Commentary Icon Q2We recently released our quarterly commentary. Highlights are as follows:

– The Brexit vote stunned the world, raising economic, political, central bank and currency uncertainties.

– Bond investors benefited handsomely post the Brexit vote, and interest rates are now expected to remain low as central banks consider necessary stimulus efforts.

– The US economy remains fairly steady, offering encouragement for a possible resumption in growth. Read More

Reverse Mortgages In Retirement (June 28, 2016)

Reverse mortgages (iStock)Home equity is one of the largest assets for many Americans. This may be especially true if you’re a retiree living in the DC Metropolitan area; the family home that you bought years ago is likely to be worth many times what you originally paid for it.

Besides selling your home and downsizing, a reverse mortgage may be an option to access the equity in your home. Financial professionals are increasingly recognizing the potential role that reverse mortgages can play in retirement planning. We offer a brief summary of the program, its withdrawal methods, and how it compares to the more traditional Home Equity Line of Credit (HELOC).  Read More

Keep Calm And Carry On: Brexit (June 24, 2016)

Union Jack and EU FlagFollowing news from London overnight that Britain has voted to leave the European Union, global financial markets this morning have responded swiftly and sharply. While it’s unclear how the referendum result will ultimately play out, the uncertainty surrounding the UK’s decision to leave the EU has led to widespread market volatility.

As with any sudden market movements, SageVest cautions investors to avoid emotional reactions and to instead remain focused on longer-term portfolio objectives whenever possible. Jennifer Myers provided some solid and timely advice on weathering market instability early this morning, to NPR’s Marketplace edition: ‘What You Should Do When The Markets Go Crazy’. Read More

Ten Top Travel Apps To Take You Places (June 16, 2016)

Family at beachSageVest recognizes the potential that’s inherent in careful investment and financial management. Wealth provides opportunities, one of which is the chance to experience the world through travel.

As summer approaches and holiday plans pick up pace, SageVest offers an overview of some popular travel apps that can help you get where you want to go and help you enjoy your vacation once you get there.

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Money And Millennials: Setting Financial Goals (June 9, 2016)

iStock - Henk Badenhorst - Couple runningAs a young adult, it’s important to learn the best strategies and habits to manage your finances, both now and in the future. The earlier you understand and utilize these practices, the better. But where should you begin?

Like any journey, the road to financial success needs a destination. The first step is to define financial goals that support your personal ambitions and life objectives. These decisions will form the foundation of your broader financial plans.

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The Importance Of Life Insurance For Women (June 1, 2016)

Woman and baby (17327 Pixabay PublicDomainPictures)There are many reasons why life insurance should play an important part in every person’s financial planning. Yet women often overlook this key asset protection strategy, and are far more likely than men to be underinsured or have no coverage at all.

Whether you’re a single woman, half of a couple, or a member of a more extended family network; whether you work at home, in the workforce, or as the leader of your own business; life insurance is essential to protect the transfer of your wealth, and more importantly, to protect your loved ones in the future.  Read More

Cash Flow For Your Small Business (May 26, 2016)

 

Business man at deskWhile it’s the key to your success, managing the finances for your small business can be challenging. SageVest is an experienced and knowledgeable partner when it comes to advising you about wealth strategies that support your needs as an individual and as an entrepreneur.

Jennifer Myers was recently quoted in online source, NCR Silver – Small Business Smarts, discussing the importance of understanding and balancing business cash flow so that your enterprise is well positioned to weather tough times and, more importantly, take advantage of opportunities. Read More

Budget Advice For Those In Their Thirties (May 16, 2016)

Young office workerAs you head into your thirties, you’re probably glad to put some of the uncertainties of the previous decade behind you. You may have finished studying by now and be working to strengthen your financial independence with a steady income or even a business of your own.

Even with this increasing stability, though, it’s important to avoid budgetary temptations. SageVest advisor Michael Fuhr was recently quoted in US News And World Report’s ‘Top Budget Busters for 30-Somethings’, discussing how to evaluate a home purchase while remaining focused on your overall wealth objectives. Read More

Personalized Health And Wellness (May 10, 2016)

Futuristic Eye (1076662_960_720 Pixabay-Sakuie)To learn about revolutionary advancements in the health and medical research fields, SageVest recently hosted Todd Stottlemyer, CEO of Inova’s groundbreaking Center For Personalized Health (ICPH). Todd offered insights on topics including:
– Prediction and Prevention
– Personalized Medicine
– Individualized Wellness
– Research and Population Health

This exciting wave of health care changes is aimed at helping you to enjoy your health and your wealth well into the future.  Read More

Pension Options – Payout Or Payments (April 22, 2016)

Pension payoutRetirement is an exciting time, full of choices to make and plans for the future.  If you’re entitled to a pension, you’re fortunate.  You also have more financial decisions to navigate.  It’s time to decide if you should take your pension as a monthly payment, as a lump sum rollover, to elect survivor benefits, and more. These are irrevocable decisions, so it’s important to make the right one for you and your loved ones.  While everyone’s retirement circumstances and objectives are unique, there are some common considerations that can help you to evaluate what’s the best option for you.  Read More

Your Best Interests: The Fiduciary Rule (April 14, 2016)

The SageVest TeamAt SageVest, we believe that integrity is a fundamental requirement for wealth management. We have always proudly served as your fiduciary, in the purest form of the definition, which requires us to act in your best interests at all times.

A recent Department of Labor ruling will soon impose a modified fiduciary standard on all advisors who provide retirement account advice. While these new regulations are a step in the right direction toward protecting investors, they are sadly less stringent than the standards to which we proudly adhere.  We caution readers and investors to understand the difference. Read More

A Roller Coaster First Quarter To 2016 (April 8, 2016)

Investment Commentary Icon Q1We recently released our quarterly commentary. Highlights are as follows:

– Following steep declines, stocks rebounded and left investors fairly flat for the first quarter.

– Recent reports show signs of economic growth here and abroad, a positive indicator looking forward.

– After seven years, the efficacy of central bank actions, which have supported market rallies, is being drawn into question.   Read More

Jennifer Myers – A Washingtonian Magazine Top Money Advisor (April 6, 2016)

Washingtonian Award 2016When it comes to investment management and financial planning, SageVest shares our clients’ values of integrity, diligence, and trust. As an independent, fee-only, fiduciary advisor, we accept no commissions or incentives: our clients are secure in the knowledge that their best interests are firmly at the center of any recommendations that we make.

It’s always an honor to be recognized for our commitment to exceptional wealth and investment management and to the highest caliber of customized, comprehensive financial planning services. Read More

It Might Be Time To Refinance. Again. (April 2, 2016)

House - Interest rates fallMortgage rates have recently fallen under 4% again. Whether you’re in the market for a new home or simply considering your options in terms of a current loan, this could be a great time to evaluate opportunities for refinancing or purchase.

We offer the following advice to help you determine whether the new rates offer you the potential for savings, and if it’s time to make a move.

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Automated Investment Tools: No Match For Human Advisors (March 22, 2016)

 

Hands holding smart phone and coffeeOur lives are increasingly governed by technology. Its reach spans every aspect of our daily lives, both professional and personal. This includes our finances.

For young adults, adept with technology, with often simplistic financial planning requirements, and generally without the assets to meet financial advisor minimums, online investment tools may fulfill their needs – at least for the present. For many other people, however, these so-called ‘robo-advisors’ have considerable limitations. SageVest’s Jennifer Myers was recently featured on NPR’s Marketplace, discussing the importance of the human aspect of financial and investment advice as part of a true wealth management approach. Read More

Home Expense Records: What You Need To Keep (February 24, 2016)

Paper records in a pileIf you’re like most people, you’d love to reduce the clutter in your life. This includes paperwork, particularly the volumes of home expense receipts.

We’re often asked what you need to keep versus what you can toss. Here’s a quick overview on how to make sure you have what you need to reduce any taxable gain exposure on your house when it’s sold, while opening up some valuable living space in the meantime.

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2016: China, The Markets and More (January 8, 2016)

Investment Commentary Icon Q4Last year started fairly steady and strong, but lingering risks from the summer caused 2015 to fall flat, with broad-based negative stock market returns.  Most economists predicted a healthy 2015, and it should have been by a number of historical standards.  Unfortunately, not even the beloved Santa Claus Rally came to fruition.  On the heels of such a year, and a rocky start to 2016, investors are left questioning the outlook for the markets.  Last year proved that forecasts can easily go awry.  That said, we offer our insights for the year ahead.   Read More

Gifting Money To Loved Ones (December 16, 2015)

Money giftThe holidays are traditionally a time of gathering together and giving, sharing good times and good fortune with family, friends and those we care about. What happens, though, when the gifting is financial in nature and substantial in size?

Michael Fuhr was recently quoted in a CNBC article that looks at the impact of large monetary gifts on the lives of the recipients, and discusses the taxable, financial, and long-term planning implications for those generous individuals who make sizeable gifts to their loved ones: ‘Smart Ways To Gift Money During The Holidays‘. Read More

Choosing Wisely, Giving Sagely (December 8, 2015)

Volunteer LineWith the holidays approaching, we give thanks for our blessings and our thoughts turn to helping the individuals and causes we care most about.

SageVest can be an active partner in helping you define thoughtful giving strategies. To strengthen this objective, we recently hosted Eileen Ellsworth, President of the Community Foundation for Northern Virginia. Eileen discussed the benefits of giving, common questions to consider when choosing a charitable organization, and she offered some useful insights on how to enhance your giving experience and the impact your gifts can make.  Read More

Smart Money Choices (December 1, 2015)

Thinking silhouetteThey say it’s a smart idea to learn from your mistakes. It’s smarter still to learn from the mistakes that others make.

The adage applies to financial decisions too. Recently published on The Motley Fool, SageVest advisor Michael Fuhr offered  guidance on how to avoid the dangers of relying upon an inheritance to secure your financial future and make smarter financial decisions about your retirement savings, in  GoBankingRates article: ‘10 Infamous ‘Last Words’ Of Personal Finance‘. Read More

Top 10 Year-End Tax Planning Tips (November 30, 2015)

2015 Money logoWith year-end approaching, tax planning becomes a key consideration. Now is the time to take stock of opportunities available, to ensure you have time to think, plan and act, particularly as most tax planning must be done before the clock strikes midnight on December 31st.

Here are our top recommendations for identifying and implementing a variety of potential tax-saving opportunities.

We encourage you to contact us to discuss these and other end-of-year tax planning techniques before December 15thRead More

Building Financial Confidence (November 27, 2015)

Thinking man on mountaintopAchieving financial stability for you and your loved ones involves careful planning, wise choices, and perseverance. You want to know that your financial plan supports your personal goals, and you need to have confidence in the investment decisions you make.

Working with a registered advisor, educating yourself, and avoiding emotionally-charged decisions are all excellent ways of becoming more assured about the financial decisions you make. Michael Fuhr was recently featured discussing these and other topics, in an article by GoBankingRates, entitled ‘10 Insecurities That Make You Poor‘. Read More

Invest Like A Woman – It’s Better (November 17, 2015)

Woman with cashIn today’s world, women are increasingly accumulating significant assets, whether as a result of increased participation in the workforce, successful entrepreneurship, or a life-changing transition. We’re also becoming more aware, engaged and active in the control of our own finances, and those of our families. Research suggests that, despite traditional stereotypes, it’s a role for which we’re well suited.

Jennifer Myers was recently featured in an article from Investor’s Business Daily, highlighting investment strategies that can benefit us all: ‘Invest Like Women, They’re Better – Here’s How‘. Read More

Lifestyle Creep And How To Avoid It (November 16, 2015)

Around the firepitTracking your spending, developing a flexible budget, and accumulating savings: whatever your age, income, or lifestyle, these are the fundamental elements of successful financial planning.

For millennials, facing a myriad of important decisions, these aren’t the only considerations when establishing a solid financial foundation for your future. Ryan Phillips was recently quoted in an article in SelfLender, discussing the importance of avoiding ‘lifestyle creep’. This spending behavior can be the number one obstacle to achieving your long-term financial objectives: ‘11 Things To Do Now That You’re Not 22 Years Old‘. Read More

A Salute To Our Heroes (November 11, 2015)

Women in Military Service for America Memorial Wreath LayingPeace has its victories, but it takes brave men and women to win them.”    Ralph Waldo Emerson

On Veterans Day and throughout the year, SageVest Wealth Management proudly salutes those who have dedicated their lives to serving our country. We recognize and honor the many challenges and sacrifices you and your family make to support our freedom. These inevitably include a financial component.

On this Veterans Day, we encourage you to reach out to current and former forces personnel you know to extend a thank you, and to share a few financial insights that might benefit them and their families for the service they have provided. Read More

Time Runs Out For Popular Social Security Strategies (November 6, 2015)

Couple on Park BenchDramatic changes were recently announced to Social Security benefit provisions.

The Bipartisan Budget Act of 2015, signed into law on November 2nd, effectively eliminated the Restricted Application and the File-and-Suspend strategies. Those already utilizing these options will be grandfathered in; some will have a short six-month window in which to act; and, others need to be aware of how future benefits will be more limited. The media has focused on how the termination of these unintended, but popular, strategies will impact married couples. The truth is that the changes will impact single individuals as well. If your retirement plan included anticipated Social Security benefits, please take the time to  Read More

Jennifer Myers – Recipient of Two Wealth Professional Awards, 2015 (October 26, 2015)

NoVA Magazine and Five Star Wealth Manager 2015SageVest Wealth Management understands the importance of working with a trusted advisor; someone with a wealth of experience and knowledge who can help guide your important financial decisions in support of your broader life objectives.

We are pleased to announce that Jennifer Myers was recently recognized by two publications for her contribution to investment and financial planning services in the Washington, DC Metro area.

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Consider Before You Co-Habit (October 21, 2015)

Dream houseLiving together without the union of marriage is increasingly common, among both younger and older couples. For many, living blissfully without the complications of marriage, tax penalties and more is ideal. It certainly reduces life complexities in many ways. However, as with just about everything in life, there are pros and cons to consider.

Before you and your loved one decide to take the plunge and move in together, it’s important to discuss the financial fundamentals of cohabiting. Jennifer Myers was recently quoted in an article from US News and World Report, addressing some of the money issues that non-married couples should consider: ‘Financial Mistakes Couples Make When They Move In Together‘. Read More

Family Gifting Considerations (October 16, 2015)

Happy family in pumpkin patchA common objective within families is sharing wealth with family members and loved ones. Sometimes it’s a desire to do so, carefully planned and executed. Sometimes, it’s an unexpected need.

Whatever the circumstances, there are many ways to maximize your giving potential. Jennifer presented a recent session at McLean Community Center on how to balance family priorities and values, tax strategies, estate provisions, and other considerations, to help create financial security for you and subsequent generations, both now and in the future.  Read More

A Healthy Perspective On Market Concerns (October 8, 2015)

Investment Commentary Icon Q3The third quarter was hopefully a time of enjoyable vacations, but it was also a time of tumult in the markets.

Performance among stocks was ugly, bringing the first correction since the autumn of 2011.  Broad US stock markets were down 7% to 9% for the quarter and international stocks ended down more than 12%.

The only asset class that was positive was bonds.   Read More

A Quick And Easy Look At How Much You Need For Retirement (September 15, 2015)

Couple on bench with dog

Without doubt, the most common question we’re asked is “How much do I need to retire?” While there’s no universal answer, there is a universal objective to be financially comfortable. Retirement dreams are different for everyone, and change as life constantly evolves. That said, the amount you need today can offer you an insight into what you’ll need to replicate tomorrow. If you or your loved ones haven’t already explored retirement planning, we offer a quick and easy chart as an initial gauge of your preparedness.  Read More

Death Of A Family Member Checklist (September 10, 2015)

CloudsLosing a loved one is a difficult experience.

Yet, during this time, you must complete a variety of tasks and make important financial decisions. You may need to make final arrangements, notify various businesses and government agencies, settle the individual’s estate, and provide for your own financial security.

The following checklist is offered as a guide. Note: Some of the following tasks may have to be completed by the estate’s executor.  Read More

Top Ten Financial Tips For Teens Heading To College (August 21, 2015)

College Student Waving GoodbyeAcross the nation, parents are bidding a tearful goodbye as their excited teenagers head to college for the first time … or bidding on that home fitness center on eBay, as they turn their son or daughter’s room into an in-home gym before the car’s even left the driveway.

We can’t help with the emotional aspects, or with putting the workout equipment together. But when it comes to nurturing financial skills and wisdom, SageVest and SageVest Kids are valuable resources for you and your family. Following are a number of points we recommend discussing with your teenager, or in collaboration with one of our advisors, with a goal of launching your young adult on the road to life success as well as the road to college. Read More

The Sandwich Generation (August 3, 2015)

Grandparents and GrandchildIf you’re ‘sandwiched’ between helping children with college expenses or the costs of young adulthood, while also looking after aging parents as well as yourself, then you’re officially a member of the Sandwich Generation; a group of people in their 40s to 60s who face the challenge of supporting themselves, their children and older relatives. As families delay having children, and more parents live longer, the Sandwich Generation is predicted to grow in the years ahead. SageVest offers some useful strategies to help you balance the financial aspects of this life phase. Read More

International Markets – Greece, Puerto Rico and China (July 8, 2015)

Investment Commentary Icon Q2A docile second quarter proved to be anything but calm in its final week, as a convergence of international events in Greece, Puerto Rico and China captured headlines and erased second quarter market gains.  The quarter end’s sudden drop occurred in spite of continuing improvement in the U.S. economy and in many of the world’s larger market economies.

The next few weeks could determine if continued economic recovery is enough to fuel a full seven-year bull market rally.  Read More

Enriching Your Life: Your Relationship With Money (June 26, 2015)

Hand holding single pink flowerMoney is a valuable resource that can improve our quality of life and help us to accomplish our life goals. Fostering a healthy outlook towards money is an important aspect of achieving a more positive life balance.

As part of our educational Speaker Series, we recently hosted renowned author, speaker and money coach, Olivia Mellan. Olivia shared expert advice about factors that influence how we connect with our wealth, and the importance of having a trusted financial advisor like SageVest Wealth Management to help us achieve money harmony. Read More

Year 7 Of A Bull Market: Three Key Questions To Consider (June 10, 2015)

Bull statueIt’s always important to evaluate your investment structure, and perhaps more so today, as the U.S. equity markets are now in their seventh year of a bull market cycle. This isn’t the longest or greatest bull market in history, but it is now the S&P 500’s third longest and fourth strongest bull market since 1929.  It’s also well beyond the averages, as illustrated below.

This means that it might be a good time to take stock of your stock market exposure.  Read More

Travel Secrets For A Vacation To Remember (May 12, 2015)

Sistine ChapelHave you dreamed of peaceful moments in the Sistine Chapel?  Have a hankering for Havana? Or are you seeking spiritual solitude in the Sacred Valley of the Incas?

SageVest Wealth Management recognizes the unique opportunities that financial success can provide, including the freedom to travel and the cherished memories it can create for you, your family, and friends.  Join us on a whirlwind tour, as ABC News Travel Editor, Genevieve Shaw Brown, offers an insider’s guide to some of the world’s most uncommon cultural sites – and tips on experiencing them for yourself. So kick off your shoes, relax, and see where your wealth can take you. Read More

The Making Of World Champions (April 21, 2015)

Liz Stephen of the US Ski Team 2015Giving Sagely – An Occasional Series from SageVest Wealth Management Highlighting Charitable Causes

Henry Wadsworth Longfellow said: “The life of a man consists not in seeing visions and in dreaming dreams, but in active charity and in willing service.”

But what happens when you combine “dreaming dreams” with “active charity”? The answer is: World Champions! Read More

Winds Of Change: The Rising U.S. Dollar (April 9, 2015)

Investment Commentary Icon Q1So far, 2015 marks a distinct reversal in U.S. market dominance as large-cap stocks floundered while international stocks thrived. The S&P 500 index and the Dow Industrial Average experienced significant up and down days, but ultimately moved nowhere.

What happened?

Largely, a dramatic rise in the U.S. Dollar, placing our companies at a competitive disadvantage. Read More

An Open, Honest Discussion About Fees (April 2, 2015)

MeetingWe recently came across an article in the New York Times that predominantly discussed mutual fund fees and alleged investment advisory conflicts. The public commentary in this and other similar pieces is well intentioned, with an objective of helping investors plan for retirement. However, we are concerned that some discussions lack clarification and that, worse, they could scare Americans away from saving for their futures.

It seems timely to offer a few words on the advantages of working with a Registered Investment Advisor and fiduciary like SageVest, as well as important information to give you peace of mind about our services and how we structure the investments in client portfolios.  Read More

The Fed Opens An Uncertain Door To Rate Hikes (March 19, 2015)

Federal Reserve BuildingInvestors closely eyed the Federal Reserve (the Fed) this week, looking for indications of the first Fed funds rate increase since 2008.

The federal funds rate is the key driver for all types of interest rates and varies depending upon the strength of the economy.  It sets the bar for bond prices, mortgages, loan rates, investments, real estate valuations, and so much more.  As expected, the Fed removed the word “patient” from its policy statement, thereby opening the door to higher interest rates in the near-term.  Read More

There’s Still Time To Make A 2014 IRA Contribution (March 13, 2015)

WatchGenerally speaking, the IRS allows you to make your IRA contribution for a particular tax year up until April 15 of the following year.

This rule applies to both traditional IRAs and Roth IRAs, giving you some flexibility in terms of the timing of your annual IRA contribution.

Traditional IRAs and Roth IRAs are each subject to different contribution rules.

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