Will Nordt - Virginia Asset Management

12/25/2022

Merry Christmas! Thank you to all those who support my business. Here’s to a great 2023!

12/19/2022

Some potential changes and enhancements to retirement plans being discussed in Congress! The most interesting to me being matching contributions for student loan payments. Check it out.

New retirement rules could make it easier for Americans to accumulate retirement savings — and less costly to withdraw them, if lawmakers pass a retirement reform package before the end of the month.

12/13/2022

Tax-loss harvesting can be a nice silver-lining in a market down year like 2022, especially if you've sold a low-basis business or stock this year. Make sure you talk to your CPA or financial advisor to ensure IRS rules are followed when executing a strategy like this.

2022 has been a bad year for most markets, but that could create opportunities for tax-loss harvesting.

12/09/2022

Know the differences and how to utilize them to give yourself an advantage!

Though many people believe Roth IRAs and Roth 401(k)s are identical, there are important differences between the two types of retirement plans. The differences can be important at key points in your life. Here's everything you should know when considering what's best for you.

12/07/2022

If maxing out your 401k will be a New Year's resolution for you, know that you'll be able to put more in than ever before! Plan your deferrals accordingly, and remember that your employer match doesn't count toward your contribution limit.

Young workers will be allowed to contribute up to $22,500 pretax to a 401(k), a $2,000 jump from the current $20,500, while those 50 or older will be permitted to sock away up to $30,000, a $3,000 boost.

12/05/2022

My college education was largely funded by my great-grandmother even before I could talk. As a former educator, she had a passion for education, and of course, a love for her great-grandchildren.

Grandparents and other relatives love those little ones, and are always excited to give them gifts during the holidays. Asking for contributions toward their college and education fund can be uncomfortable, but this article gives some great tips on how to have that conversation and give your loved ones an opportunity to gift in a way they didn't know they could.

Trying to figure out a nice way to ask relatives to give your kids something more meaningful than Legos and Pokémon cards? Consider these tips, tricks, and sample language to ask relatives to give directly into a 529 college savings account, instead.

12/02/2022

December can be a busy month for many people. The holidays involve travel, shopping for gifts, planning meals, and hosting family. It can (and should) also be a busy planning month. I'll be planning for ways to ensure a successful 2023 for my business, and more importantly, a prosperous 2023 for me and my wife in the face of any economic uncertainty ahead.

How are you planning ahead for challenges you might face in 2023? Take the steps necessary to ensure stability under any circumstances. Reach out if you have questions about that.

From supply shortages to the war in Ukraine, surging energy prices, and the midterm elections, the top news stories in 2022 have been rife with issues impacting your wallet. While inflation has stolen the spotlight for much of the year, the job market remains surprisingly strong.

11/21/2022

Last week, I had the opportunity to visit Securian Financial in Minnesota (yes, it was very cold) to attend their Foundation School. It's so great to network with colleagues in-person and hear about the important work they've helped their clients with.

I learned a year's worth of information in three days and have taken home with me timely and educational insights that will help me provide even greater value to my clients. One thing I did not learn, however, is how to keep my eyes open and smile during a group photo! I'll do better next time!😂

11/02/2022

Growing old doesn’t have to have a negative impact on your family. Help give your loved ones a choice by making a care plan today. I can help.

10/18/2022

Read the newest edition of Market Perspectives - Inflation continues
https://hearsay.social/3Sd8DoS

09/26/2022

A great read - The Federal Reserve, inflation and living in times of uncertainty.

https://hearsay.social/3SeitI0