March 14, 2019 The Genie and the Market Phil Albitz When I was in the 6th grade, I remember writing a report on John Calhoun. He was the vice president under John Quincy Adams and Andrew Jackson from 1825 to 1832. He wouldn’t make it as a pillar of society [...]
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So far Vance Albitz has created 64 blog entries.
March 12, 2019 Early Retirement Considerations By Sylvia Salguero, Financial Advisor Have you decided to retire early? Say at 62, when you’re able to start collecting benefits from Social Security? Your investment accounts have done well for a period of time, so they should continue to perform as well to perpetuity, [...]
December 13, 2018 2019 Retirement Plan Limit Changes By Paul Miloe, CRPS® The IRS has increased the amounts available for contributions to several retirement plans. If you seek to maximize your contributions, be sure to review the updated limits below. For full details, search on IRS Notice 2018-83. $56,000 - Defined [...]
January 9, 2019 Medicare Changes in 2019 By Sylvia Salguero, Financial Advisor Since the enactment of the Medicare Modernization Act in 2003, high income individuals have been subjected to IRMAA, which stands for income related monthly adjustment amount. (In the vernacular this is referred to as means-testing.) Medicare beneficiaries whose income [...]
January 9, 2019 A History of Bear Markets Since 1929 By Vance Albitz, CFP® The U.S. stock market (measured by the S&P 500*) recently entered into bear market territory for the first time since the 2008-2009 global financial crisis. A bear market is classified as a 20% drop from its peak. The [...]
January 2, 2019 What to Do When You Have a Baby By Clete Albitz, CFP® My wife and I recently welcomed our second child into our family. Cora is a sweet and easy-going baby. I have heard they grow fast and seeing it first hand, it is true. Having a child is [...]
January 10, 2019 529 Plan State Tax Traps! By Paul Miloe, CRPS® In 2017, Congress passed the Tax Cuts and Jobs Act (H.R.1), and it was signed into law in December of that year. As part of this package, changes were made regarding qualified distributions from 529 College Savings Plans. Under the [...]
November 23, 2018 End-of-Year Taxes: 7 Things to Consider By Vance Albitz, CFP® The Tax Cuts and Jobs Act increased the standard deduction for 2018. The 2018 standard deduction is now $12,000 if you are single, or $24,000 if you’re married filing jointly. This will likely allow more people to take [...]
November 16, 2018 Market Commentary Growth is Solid, Inflation is Benign, Why Worry? It was another volatile week in financial markets as fears around slowing global growth were exacerbated by worries over Brexit. This, as the cabinet minister in charge of negotiating a Brexit deal with the European Union resigned over [...]
August 29, 2018 Financial Advice From a Wealthy Barber By Sylvia Salguero The Wealthy Barber remains one of the simplest and most informative financial books of all time. Though its popularity has waned since the nineties, the advice offered by author David Chilton has stood the test of time. Here are [...]