How The SECURE Act Affects You (Jan 6, 2020)

2020 brings a number of changes to IRA and retirement plans as a result of the SECURE Act, signed into law in late 2019. The changes are broad, impacting virtually everyone, whether you’re a student, younger, older, preparing for retirement, in retirement, an employee or an employer. Here are the top aspects you need to know about how the SECURE Act affects you.

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Financial Planning Tips As You Near Retirement (Oct 12, 2018)

Retirement is one of the most significant events in your life. It also makes it one of the most critical financial planning decisions. A solid retirement plan provides financial and psychological assurance. Careful financial planning as you prepare to retire can support earlier planning and saving efforts, tie up any loose ends, and help to ensure a successful retirement. Here’s what you should focus on as you’re nearing the countdown.

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What To Do Before Leaving Your Job (Jan 8, 2018)

There are many reasons why you might be considering looking for a new job. Maybe you’re seeking more responsibility – or less. Perhaps your job is no longer rewarding – monetarily or otherwise. You might be relocating, changing careers entirely, or have had the unfortunate experience of losing a job. Whatever the reason, there are many financial factors to consider before you make a career move. Planning ahead can help ease the transition into your new job, and help secure your finances for your immediate and longer term future.

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

If 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.

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Retirement Funds And Divorce (Aug 29, 2016)

When 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 of SageVest Wealth Management 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‘.

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

SageVest Wealth Management 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 Wealth Management, as well as important information to give you peace of mind about our services and how we structure the investments in client portfolios.

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