March 2, 2021
Updated April 1, 2021 in response to additional IRS guidance As we prepare for the upcoming tax season here are a few reminders. 1099 Delivery Reminders • All TD Ameritrade 1099s should be available online. • Realized gain/loss (cost basis) and IRA distribution details are included on your 1099 tax documents coming directly from TD… Read more »
February 8, 2021
Most savers are aware that an Individual Retirement Account (IRA) is a great way to begin setting aside savings for retirement but are often unsure if a Traditional IRA or a Roth IRA, the two most common IRAs, makes more sense for them. Contributions to a Traditional IRA are tax‑deductible (subject to certain limitations) and… Read more »
February 8, 2021
Retirement accounts can be powerful vehicles in helping you grow your nest egg as you plan for your future. Endowed with tax breaks and tax deferral, it is often an easy decision to contribute. That being said, retirement accounts are not so accommodating if you need access to your money sooner than planned. If you… Read more »
January 12, 2021
The new year is less than two weeks old, and it’s already brought with it major and unprecedented news – from the Georgia run-off election to the unrest in Washington, D.C. and the ongoing global pandemic. In our first podcast of 2021, recorded on January 11, JNBA Chairman and CEO Richard S. Brown and Director… Read more »
January 12, 2021
The first days and weeks of a new year typically bring with it a list of goals or resolutions for the year ahead. Often times these will be related to an individual’s health, family time, work/life balance, etc. But we believe it is equally important to set your financial intentions for the year. Below are… Read more »
January 7, 2021
Who do you turn to when you need financial advice? According to a recent survey by the National Financial Educators Council (NFEC), more Americans (40 percent) rely on parents, family members, friends, or coworkers for financial guidance than turn to financial professionals (36 percent). “When people have trusted professionals to whom they can turn when… Read more »
December 18, 2020
From the pandemic to a summer of civil unrest to the contentious election, we’re all keenly aware that 2020 has been a constant barrage of uncertainty and volatility. In our final podcast of the year, JNBA Chairman and CEO Richard Brown and Director of Investment Management David Webb take a look back at how those… Read more »
December 18, 2020
As a new year quickly approaches, now is a good time to review the upcoming changes across several areas that affect financial planning. IRA and retirement plan contribution limits, Medicare premiums, and Social Security cost of living adjustments are all experiencing changes for the 2021 calendar year. We have compiled the specifics here to help… Read more »
December 14, 2020
Although the holidays might look different this year, one thing hasn’t changed: The next few weeks are about reflecting on the people who are most important to us. So while you gather with your family this holiday season – whether it’s around the dining room table or around the festive glow of a Zoom call… Read more »
November 24, 2020
The start of the holiday season also marks the beginning of year-end planning at JNBA. Here are a few key planning items to consider prior to the end of 2020. Investment Portfolio Review The end of the year is a great time to look at your investment and retirement accounts to better understand how they… Read more »