January 15, 2019
We’re honored to share that JNBA’s senior advisory team members have received the Five Star Wealth Manager award for their advocacy to clients, colleagues, and community. The JNBA advisors who received the award include: Richard S. Brown, Chairman & Chief Executive Officer (five-year winner) John Foster, PPC™, Senior Advisor-Investment Strategist (seven-year winner) Michael Bilotta, ChFC®,… Read more »
December 20, 2018
An individual retirement account (IRA) allows you to save for retirement with tax-deferred or tax-free growth. You can even control what happens to the IRA after you die. Below are nine questions and answers designed to help you understand how IRAs work. How do you contribute to a regular IRA? You can make annual cash… Read more »
December 17, 2018
IRA contribution limits The maximum amount you can contribute to a Traditional IRA or a Roth IRA in 2019 is $6,000 (or 100% of your earned income, if less). This is the first time the contribution limit for IRAs has increased since 2013. The maximum catch-up contribution for those ages 50 or older remains unchanged… Read more »
December 14, 2018
Martha and the Vandellas’ hit song from 1965 lamented “Nowhere to run to, baby, nowhere to hide.” In many ways that sentiment sums up the investment climate in 2018 whereby no single asset class has provided a 5% return. The root cause of the malaise is difficult to pin down as global trade seems to… Read more »
December 3, 2018
The Centers for Medicare & Medicaid Services (CMS) has announced the new supplemental Part B and prescription drug Part D premiums for calendar year 2019, which are detailed in the tables below. The 2019 standard Part B premium has increased to $135.50/month on average (or higher, depending on your income, from $134/month in 2018). Due… Read more »
November 29, 2018
Transitioning to retirement can be both exciting and overwhelming, but taking a proactive approach to retirement planning can help ensure you have the means to enjoy what you’ve earned through a lifetime of work. There are many considerations to note – in addition to income – that will have an impact on your retirement. Talking… Read more »
November 28, 2018
Each year the Social Security Administration announces its annual cost-of-living adjustment (COLA). The announcement relates to the increase in the Social Security and Supplemental Security Income (SSI) benefit amount people receive each month, starting the following January. This year, 67 million Americans will see a 2.8 percent increase in their Social Security and SSI benefits… Read more »
November 20, 2018
The start of the holiday season also marks the beginning of year-end planning at JNBA. We have included below some key planning items to consider prior to the end of 2018. Investment Portfolio Review. The end of the year is a great time to look at your investment and retirement accounts to better understand how… Read more »
November 19, 2018
As family and friends gather for Thanksgiving, you may find yourself at the same table as young adults who are just starting out in their financial journey. If you’re a parent or grandparent looking to share financial advice with a young family member while you have their attention – and their appetite – there are… Read more »
November 16, 2018
Last night, I was honored to join dozens of amazing leaders at the 2018 Top Women in Finance Awards. Finance & Commerce hosted this annual event, and it’s a favorite of JNBA’s. Minnesota is home to a growing number of women who are moving the financial industry forward, while at the same time making major… Read more »