For Medicare recipients, the period from October 15 through December 7 is a designated time to evaluate coverage and make certain changes if better options are available. Among the changes permitted during this time are: Read more…
2021 Retirement Plan Limits
The IRS announced the new limits for 2021 retirement savings and the amount that 401(k) participants, or participants in similar employer sponsored plans can save is increasing. Participants that are over the age of 50 and eligible for the catch-up contribution will experience an increase in Read more…
5 Good Pieces of “Dad” Advice from Seasoned Financial Professionals
Good advice. It’s not just a core service we offer our clients. Here at Plancorp, we mentor each other as well. By learning from one another’s interests, experiences, and perspectives, we strengthen our teamwide talents, for our clients and ourselves. Read more…
Will the U.S. Election Affect Stock Market Returns?
With election season heating up, debates on what a Trump or Biden victory could mean for the stock market are intensifying, too. Read more…
6 Smart Ways to Withdraw Retirement Funds and Lower Your Taxes
The global pandemic has had an enormous impact on all of our daily lives, but it presents a unique set of challenges to recent retirees. As the stock-market volatility continues, uncertainty over the future may leave you wondering the best way to draw down assets going forward. Read more…
How To Break Up With Your Financial Advisor
Let’s face it, relationships can be hard. Whether it’s with your plumber, your significant other, or your financial advisor, there are many legitimate reasons you may want or need to leave them … and just as many reasons it’s tough to do. Read more…
Business Insider: Daniel Lee on what he tells high-income earners wanting to save for an early retirement
Daniel Lee, Senior Wealth Manager out of our Silicon Valley office is a financial advisor to high-income earners at Google, Salesforce, and Microsoft. Here's where he tells them to put their money to set themselves up for early retirement. Read more…
Financial Advisor: Plancorp Ranked in the Top 100 out of 715 firms in FA’s 2020 Annual RIA Ranking
Plancorp is pleased to announce it has been ranked #81 in FA’s 2020 Annual RIA Ranking. This year’s list ranked 715 firms across the country. Read more…
Tying the Knot? Ask Your Partner These 4 Money-Related Questions
About 37% of Millennials believe their financial health is poor, according to a report from Business Insider. Throw another person into the mix — as is the case with a wedding — and the situation only becomes more complicated. Read more…
Own a Business? 3 Reasons 2020 is a Great Year To Review Your 401(k)
2020 has been hard for small businesses; those who remain open have often had to make painful operating decisions for all concerned. Hopefully, your employees understand you’re not taking those decisions lightly. But they can still be frustrating. Read more…
