Monthly Archives: November 2018

Buying and Selling Mutual Funds at Year End – Be aware of Year-End Distributions

With the year-end upon us, many investors see it as the time to rebalance their investment portfolios.  However, savvy investors need to be aware of just when the timing is “right” or “wrong” to make that buy or sell trade

Posted in 2018 Year End Newsletter

Checklist to Cut Your 2018 Taxes

It’s not too late to cut your 2018 tax bill.  Prior to Dec. 31st: Increase your 401(k) and 403(b) contributions if you haven’t been contributing at the maximum rate all year. This year you can put away up to $18,500

Posted in 2018 Year End Newsletter

It’s Open Enrollment Season. Time to Take a Good Look at HSAs

To the best of my knowledge, contributing to a Health Savings Account (HSA) is the only investment opportunity that allows for tax-deductible contributions and tax-free withdrawals. Please note that only individuals with a qualifying high-deductible health insurance in place are

Posted in 2018 Year End Newsletter, November 2018 Newsletter

Social Security Max Increases to $132,900 for 2019

Most years, the government bumps up the maximum Social Security taxes that you can pay.  For 2019, the maximum wage base jumps to $132,900, an increase of $4,500, or 3.5%, over the max of $128,400 that was in place for

Posted in 2018 Year End Newsletter, November 2018 Newsletter

IRS Announces Higher Retirement Plan Limits for 2019

Contributing to a retirement plan is one of the best tax shelters available to you during your working years.  Recently, the IRS announced that many of the retirement savings limits will increase for 2019. Employer Sponsored Plans Most working professionals

Posted in 2018 Year End Newsletter, November 2018 Newsletter