205 East Main Street
1363 Columbia Park Trail, Suite 202
The LC Valley Exclusive Event
February 19 at 6:00pm PST
Are you on track for retirement?
February 26 at 12:00pm PST
February 27 at 12:00pm PST
Tax freedom day. Meet the team, talk tax planning strategies
April 30 at 4:30pm PST
Recent legislation could affect you in 4 broad areas of your retirement planning...
1. Required Minimum Distribution Relief for Retirement Plans: The new rule pushes the RMD start date for most situations out until age 72 instead of 70 1/2.
2. Additional Roth Conversion Planning Opportunities: You get an additional two years to do what are known as Roth conversions. Roth conversions can allow you to convert taxable money in an IRA into a Roth IRA at lower tax rates.
3. Increased Tax Advantaged Savings Opportunities: If you are working into your 70s, you can still put money into your deductible IRA.
4. Review Your Beneficiary Designations: The new rules also removed most so-called "stretch" provisions for beneficiaries of IRAs and 401(k)s.
Jenna and Jim Brozik, having some fun trying out their newly found noodle making skills at an appreciation event we had at the Dahmen Barn this December
“Who is rich? He that rejoices in his portion.”
“Diversify your investments, for you do not know what risks might lie ahead.”
Waddell & Reed is not affiliated with WSU CUB. 08/20