Financial Planning

I recently took some time to reflect on many of the families I have worked with over the years and the challenges we have faced together. Thankfully, in most of those situations, we were relatively successful in addressing those challenges. In this article, I summarize those concerns…

Topics: Financial Planning

  Who? Participants in employer-sponsored retirement plans [401(k), 403(b), 457(b), profit-sharing plans] and/or IRA owners ([traditional, rollover, SEP, SIMPLE]. What? This is the minimum amount you are required to withdraw from your account each year. When? Distributions must start by April 1 of the year…

Topics: Financial Planning

What Happened? On June 26th, in United States v Windsor, the Supreme Court ruled 5-4 that Section 3 of the Defense of Marriage Act (DOMA) was unconstitutional ab initio (from the start). The court decided that if the citizens of a state voted to recognize…

Topics: Financial Planning