Archive for January 2025
5 Key Tips to Avoid Costly IRA Rollover Mistakes [Richmond Refreshers]
If you’re switching employers or seeking to benefit from the tax advantages of a traditional or Roth IRA, you may want to consider rolling over your retirement savings into an…
Read More“Magic” Retirement Number? [Richmond Refreshers]
How much do you need for a comfortable retirement? Let us know how you feel about these “magic” numbers in the comments below! Sources: 1. https://news.northwesternmutual.com/2024-04-02-Americans-Believe-They-Will-Need-1-46-Million-to-Retire-Comfortably-According-to-Northwestern-Mutual-2024-Planning-Progress-Study 2. https://news.northwesternmutual.com/2023-06-22-Americans-Believe-They-Will-Need-1-27-Million-to-Retire-Comfortably,-According-to-Northwestern-Mutual-Planning-Progress-Study 3. https://www.fidelity.com/viewpoints/retirement/how-much-do-i-need-to-retire…
Read MoreNavigating Healthcare Taxes
As you approach retirement, it’s important to be aware of potential taxes that could affect your healthcarecosts, particularly if your income exceeds certain thresholds. Under The Affordable Care Act, individuals…
Read MoreA New Year’s Perspective on Market Trends and Opportunities [Matt’s Minutes January 2025]
Matt Curfman, CFP®, CEO & Co-Owner of Richmond Brothers, discusses the significant developments of 2024 and what Richmond Brothers is anticipating for the new year ahead. What does Richmond Brothers…
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