Tax Loss Harvesting
The twists and turns of capital markets result in winners and losers within investment portfolios every year. For the winners, selling generates a capital gains tax and decreases your after-tax returns. However, as seen most recently in 2022, sometimes funds can also post sizable capital gains distributions in down years, adding insult to injury and… Read more Tax Loss Harvesting
NAPA Recognizes Aldrich Wealth as Top DC Advisor Team
Aldrich Wealth Recognized by NAPA as 2024 Top DC Advisor Team LAKE OSWEGO, OR., MARCH XX, 2024– Aldrich Wealth, a registered investment advisor providing wealth management services to high net-worth individuals and investment management to corporate retirement plans, today announced the National Association of Plan Advisors (NAPA) has identified the firm’s Corporate Retirement Plans’ team… Read more NAPA Recognizes Aldrich Wealth as Top DC Advisor Team
Leverage Qualified Charitable Distributions for Effective Giving
Leverage Qualified Charitable Distributions for Effective Giving Our client, Julie, called us with questions following a conversation with her mom, who was required this year to start taking a required minimum distribution (RMD) out of her Individual Retirement Account (IRA). Julie shared that her mother had calculated the RMD from her IRA for the current… Read more Leverage Qualified Charitable Distributions for Effective Giving
The Corporate Transparency Act’s Potential Impact on Family Offices
The Corporate Transparency Act’s Potential Impact on Family Offices The introduction of the Corporate Transparency Act (CTA) marks a noteworthy shift in the regulatory landscape for small, privately held businesses, including family offices. The CTA, enforced by the Financial Crimes Enforcement Network (FinCEN), mandates the reporting of beneficial owners and applicants, aiming to combat financial… Read more The Corporate Transparency Act’s Potential Impact on Family Offices
Don’t Miss Out; Max Out
Don’t Miss Out; Max Out The phone rang, urgency palpable on the other end of the line. Prompted by a conversation with her neighbor, our client told us she needed to fund her IRA before yearend – it was 4:55 pm on New Year’s Eve.In our line of business, opportunities are dictated by deadlines, so… Read more Don’t Miss Out; Max Out
Aldrich Wealth Appoints Nicole Rice as First Chief Growth Officer
Aldrich Wealth Appoints Nicole Rice as First Chief Growth Officer LAKE OSWEGO, OR (February 1, 2024) – Aldrich Wealth, a registered investment advisor providing wealth management services to high net-worth individuals and investment management to corporate retirement plans, today announced it has expanded Nicole Rice’s role to chief growth officer as the firm continues to… Read more Aldrich Wealth Appoints Nicole Rice as First Chief Growth Officer
SECURE Act 2.0 and Updated DOL Audit Guidance
SECURE Act 2.0 and Updated DOL Audit Guidance While additional guidance is still needed on much of SECURE Act 2.0 (and 1.0), there are several provisions that are either in effect now- or going into effect over the next several years, which plan sponsors should be mindful of. Below is the latest in terms of… Read more SECURE Act 2.0 and Updated DOL Audit Guidance
529 Plan to Roth IRA Rollovers: Understanding New Rules Under the SECURE Act 2.0
529 Plan to Roth IRA Rollovers: Understanding New Rules Under the SECURE Act 2.0 Tom Gilbers, CFP® For more than 20 years, parents have used 529 plans as a way to save for their children’s college expenses. These accounts offer the benefit of tax-deferred growth and allow investment earnings to be withdrawn tax-free for qualified… Read more 529 Plan to Roth IRA Rollovers: Understanding New Rules Under the SECURE Act 2.0
How to Succeed as a Fiduciary in 2024: A Q&A with Casey McKillip, Aldrich Wealth
How to Succeed as a Fiduciary in 2024: A Q&A with Casey McKillip, Aldrich Wealth 2023 was a volatile year for the financial markets. As we start the new year, retirement plan sponsors and fiduciaries are looking for confidence in the management of their plans from experienced professionals. In a recent interview, Casey McKillip, MBA,… Read more How to Succeed as a Fiduciary in 2024: A Q&A with Casey McKillip, Aldrich Wealth
Investment Considerations for Upcoming Rate Reductions in 2024
Investment considerations for upcoming rate reductions in 2024 After holding rates steady since July 2023, the Federal Reserve maintained the overnight rate level at the December 2023 meeting and indicated that three rate cuts, each of 0.25%, are likely in 2024. This was in stark contrast to earlier statements that indicated the Fed intended to… Read more Investment Considerations for Upcoming Rate Reductions in 2024
Fiduciary Challenges + Opportunities for 2024: A Q&A with Kathy Peterson, Aldrich Wealth
Fiduciary Challenges + Opportunities for 2024: A Q&A with Kathy Peterson, Aldrich Wealth With only weeks until the end of the calendar year, retirement plan fiduciaries are busy preparing for 2024. Now is an ideal time to reflect on past performance and determine how to improve in the year ahead. In this Q+A, Kathy… Read more Fiduciary Challenges + Opportunities for 2024: A Q&A with Kathy Peterson, Aldrich Wealth
Are you making tax planning decisions based on myths?
Are you making tax planning decisions based on myths? As the clocks fall back, we spring into the holiday season. The holidays are known for their cheer, but they can also be hectic as we plan and prepare for celebrations, all the while trying not to drop the ball on year-end deadlines before the ball… Read more Are you making tax planning decisions based on myths?
