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

SageVest 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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Protecting Your IRA Assets: A Recent Supreme Court Ruling (Aug 20, 2014)

Since enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act in 2005, individual retirement accounts (IRAs) have been protected under federal law if you declare bankruptcy.

Over the years, federal court decisions have been divided over whether or not inherited IRAs are protected under the Act.

To resolve this conflict, the United States Supreme Court agreed to hear the case of Clark v. Rameker.

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Medicare Open Enrollment Period Begins October 1 (Sep 15, 2013)

Congress created Medicare in 1965. In 2010, Medicare provided health care to more than 48 million Americans. On average, Medicare coverage covers about half of health care costs for enrollees. The Medicare open enrollment period is the time during which people with Medicare can make new choices and pick plans that work best for them. Each year Medicare plans typically change what they cost and cover. In addition, your health-care needs may have changed over the past year. The open enrollment period is your opportunity to switch Medicare health and prescription drug plans to better suit your needs.

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The Roth 401(k) (Aug 28, 2012)

Some employers offer 401(k) plan participants the opportunity to make Roth 401(k) contributions.

A Roth 401(k) is simply a traditional 401(k) plan that accepts Roth 401(k) contributions.

If you’re lucky enough to work for an employer who offers this option, Roth contributions could play an important role in maximizing your retirement income.

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Social Security and Medicare – Looking Ahead (Jul 26, 2012)

The outlook for Social Security and Medicare are of growing importance for our economy.

The first baby boomers became eligible for Social Security in 2008 (at age 62) and for Medicare just last year. Costs of these programs currently represent approximately 8.7% of GDP and 56% of IRS tax receipts. By 2033, those figures are projected to climb to 12.5% of GDP and 81% of current tax receipts.

The following Barron’s reprint discusses a number of considerations, including how long-term impacts could affect your future benefits.

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The Transition Into Retirement (Feb 24, 2012)

Are you ready to retire? The question is actually more complicated than it first appears, because it demands consideration on two levels. First, there’s the emotional component: Are you ready to enter a new phase of life? Do you have a plan for what you would like to accomplish or do in retirement? Have you thought through both the good and bad aspects of transitioning into retirement? Second, there’s the financial component: Can you afford to retire? Will your finances support the retirement lifestyle that you want? Do you have a retirement income plan in place?

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