Blog

Year-End Financial To-Do: Tax Relief is Available for Victims of Recent Disasters

December 4th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

Hurricanes Florence and Michael have had a significant and devastating impact on many U.S. taxpayers.  Individuals and businesses impacted by Hurricane Florence, located in certain counties of North Carolina, South Carolina, and Virginia, will have various tax deadlines postponed until January 31, 2019.  Those […]

That You Santa??

December 3rd, 2018|

By Pete Biebel, Senior Vice President

Following a thankless drubbing during the Thanksgiving Day holiday week, stocks ripped higher last week.  The NASDAQ Composite (COMP) led the major indices with a gain of over 5 ½%.  The Dow Jones Industrial Average (DJIA) and the S&P 500 Index (SPX) each had gains of 5% give or take.  […]

Year-End Financial To-Do: Time to Review and Rebalance Your Portfolio

November 29th, 2018|

By Bruce Buerkle, CFA, Senior Vice President, Manager Securities Research Support

The popular averages have pulled back substantially from the all-time records reached in August and September 2018. Jobs growth remains favorable as the October 2018 U.S. Unemployment Rate was constant at 3.7%, non-farm payrolls grew at a much faster clip than expected and unfilled positions […]

Year-End Financial To-Do: Evaluate the Tax Loss Harvesting Strategy

November 27th, 2018|

By Chris Whiting, CFP®, Executive Vice President, Director of Sales and Marketing

With the market’s volatility during 2018, you may have some positions that are currently valued below what you paid – currently an “unrealized loss.” A good practice to evaluate before year end is to check to see if you have positions with unrealized losses […]

A Thankless Week

November 26th, 2018|

By Pete Biebel, Senior Vice President

Thankfully, last week only had 3 ½ trading sessions.  The Dow Jones Industrial Average (DJIA) lost ground on all four days and was off 4.44% for the week.  Both the NASDAQ Composite Index (COMP) and the S&P 500 Index (SPX) were down on three of the four days; their losses […]

Year-End Financial To-Do: Making Annual Gifts

November 20th, 2018|

By Jeffrey R. Wolfe, Senior Vice President, Manager of Wealth Planning Strategies

At year end, many enjoy giving gifts to loved ones. For those that may face a potential federal or state estate tax, making annual gifts may help save on those taxes in the long run. Under federal law, every person can gift up to […]

‘Tis But a Scratch

November 19th, 2018|

By Pete Biebel, Senior Vice President

That’s a line from the movie “Monty Python and the Holy Grail.”  It’s uttered by The Black Knight in the early stages of a sword fight. The irony is that he delivers the line shorty after King Arthur has lopped off the Knight’s entire left arm.  Last week’s losses, of […]

What is Your Long-term Care Plan?

November 15th, 2018|

By Dan Schulte, Vice President and Manager, Annuities and Insurance

According to the U.S. department of Health and Human Services individuals aged 65 and older have a 70% chance of needing care at some point in their lives.1 Also, it currently costs $102,930 annually for a private room in a nursing home in the United States […]

Year-End Financial To-Do: Employers Should Gauge the Retirement Readiness of Retirement Plan Participants

November 15th, 2018|

By Edward “Ed” V. O’Neal, Vice President and Manager, Retirement Plans

I recently reviewed an overview from an interesting panel discussion at the 2018 PLANSPONSOR National Conference held earlier this year in Washington, D.C.  The panel featured senior executives from some of the top retirement providers in the financial industry; including MassMutual, American Funds and John […]

Year-End Financial To-Do: Take Your RMDs; Consider QCDs

November 13th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

It might be hard to believe, but the end of 2018 is nearly here.  As you plan out your holiday and year-end activities, don’t forget to add your financial “To-Dos” to your list.  This year, the most sweeping tax reform in decades became effective […]