Blog

At Plancorp, we don’t wait for you to ask the right questions.
We take the initiative to offer insights and guidance — real enlightenment for real life.

U.S. Treasury Extends Tax Filing Deadline, Some States Follow Suit

The Treasury Department and Internal Revenue Service recently announced that the federal income tax filing due date had been automatically extended from April 15, 2020 to July 15, 2020. Saturday’s release updated the notice issued on March 18th that payments could be deferred but not filing. Read more…

Plancorp’s Response to COVID-19 Challenges

Friends of Plancorp: Thank you for your support over the last two months. We miss seeing you in person, but we are grateful to be able to continue working with you remotely. Your flexibility and understanding have helped us maintain our high standards of service and security. Read more…

Will the Coronavirus Impact Your Portfolio?

Global stock markets have fallen significantly in response to the spread of the coronavirus. While market losses of this magnitude are not uncommon, the speed at which the losses have occurred are a bit more unusual. Read more…

How the SECURE Act Impacts Your Financial and Estate Planning

After a bumpy road for the new retirement bill in Congress, the SECURE Act came into effect on Jan. 1. Also known as the Setting Every Community Up for Retirement Enhancement Act, the law is one of the most comprehensive pieces of legislation to reform retirement savings. Read more…

Business Insider: Questions to Find Out if Your Advisor Has Your Best Interest at Heart

Sara Gelsheimer, Senior Wealth Manager out of our St. Louis office had the opportunity speak to Eric Roberge of Business Insider. Sara shared her insights on the conflict that exists for a client when their advisor is getting paid a commission. An excerpt can be found below, click the link below to Read more…

Considerations When Planning for Retirement: Unexpected Healthcare Expenses

I often tell people that I lived a Norman Rockwell childhood. My parents provided a home full of love and encouragement. Our grandparents lived nearby and most of our extended family lived within a 30-minute drive. We celebrated holidays, birthdays, and often gathered for no reason at all. As a Read more…

5 Costly Roth Conversion Mistakes to Avoid

A partial Roth conversion is one of my favorite tools to help clients manage their retirement income taxes, so I get frustrated when I see that tool used in the wrong way. Read more…

A Common Mistake Many Investors Make: Mental Rigidity

New ideas are always difficult to accept at first. This is never more true than when those new concepts conflict with our existing beliefs. Read more…

Financial Advisor: Sara Gelsheimer on Helping Clients Reduce Taxes And Fears

Sara Gelsheimer, Senior Wealth Manager out of our St. Louis office had the opportunity to sit down with Jerilyn Klein Bier, of Financial Advisor. Sara shared her experience helping a client organize their financial life, save money on taxes, and have meaningful conversations about passing on wealth Read more…

Former President of Cass Commercial Bank Joins Plancorp

We are excited to welcome Robert Mathias to the Plancorp team. He is serving as Business Development Manager. Read more…