IRS Delays Roth Catch-Up Requirement for High Income Earners
There was some good news from the IRS recently for high-income earners making catch-up contributions to their employer-sponsored retirement plans. The IRS recently issued a notice that they will be postponing one of the new rule changes under Secure 2.0 Act. If you recall, the Act was going to require high-income earners (individuals making over $145,000/year) over […]
Q&A – Social Security
Ethan Gilbert, CFA®, CFP®, was recently featured in a short Q&A on The Street’s “Ask Bob”. Shown below is what was asked, as well as Ethan’s answer to the question: Question: My husband wanted me to ask you something. He is 65 and will be 66 on October 16th this year. At what age […]
Exelon Resources
As Rockbridge continues to grow, so does the number of client relationships we have with employees of Exelon, mainly at the nuclear plant in Oswego, NY. Through working with employees of Exelon, we have developed an expertise for providing advice on Exelon’s employee benefits. Discussed below are a few areas in which we’ve added value […]
FamilyCare Medical Group – Agilon IPO & 401(k) Options
Rockbridge works with over 120 medical professionals, most of whom are in the Syracuse area. In addition to the expertise we’ve developed with providers, we have experience working with doctors at FamilyCare Medical Group. The following are two areas we are able to add value for doctors at FCMG. Agilon Health IPO This […]
Solo 401k- 3 reasons why every business owner should consider one!
For self-employed business owners, you’re responsible for saving for your own retirement. It’s likely that you got a late start at saving and maybe even had to leverage yourself to get your business up and running. SEP IRA? SIMPLE? 401k? Solo 401k…I get it, you are busy running your business and the last thing […]
Saab AB share matching plan – Rockbridge’s analysis
The defense and aerospace company, Saab Inc., has their US Headquarters, and several hundred employees in our hometown of Syracuse, NY. In addition to their 401(k) match and great pay, they offer one of the most appealing Employee Stock Purchase Plans we’ve ever seen. At its core, this is an employee stock purchase plan that […]
Roth conversions
Roth IRA conversions can be an important potential tool for implementing a tax efficient retirement plan. At its core, a Roth conversion involves prepaying a deferred tax liability in exchange for tax free growth going forward. Conversions are ideal for people who are in lower tax bracket today than they are likely to be in […]
Assessing market volatility
In the last quarter of 2018, the market was down 20% from previous highs and we had many clients reaching out concerned about declines and high volatility. But when we examined the market’s movements, we found the volatility to be higher than normal but far from extraordinary. Recently, we have gotten similar questions from clients […]
Rebalancing – why buy stocks now?
Rebalancing the allocation among risky assets in your investment portfolio is an important discipline. It provides a structured way to maintain consistent risk exposure over time and forces us to “buy low and sell high” when it is not always the comfortable thing to do. This quarter is a good example, in the midst of […]
Qualified charitable distributions – a year-end tax tip
Are you 70 ½ or older? Do you still need to take part, or all, of your required minimum distribution (RMD) from your IRA? Are you planning on making any charitable donations before the end of the year? If the answers to these questions are yes, consider making the charitable donation(s) directly from your IRA. […]
