Blue Water Investment Group at RBC Wealth Management

04/09/2024

April action alert: Time to catch up on IRA contributions now. Take charge and boost your financial future.

04/09/2024

Your cash can work for you. Earn up to 5.38% APY with qualifying cash held in your eligible RBC Wealth Management account. Contact me today to learn more.

Terms and conditions: https://bit.ly/49r1f1P

12/13/2023

RMD relief for inherited IRAs
Thanks to the IRS, there’s RMD relief in sight

The IRS recently issued Notice 2023-54, which provides Required Minimum Distribution (RMD) relief for certain beneficiaries who inherited an IRA beginning in 2020 through 2022.

If you inherited a retirement plan or IRA in 2020, 2021, or 2022, you may not be required to take RMDs this year. To be eligible for this RMD waiver, there are three key requirements that must be met.

1. The original plan participant or IRA owner must have died on or after January 1, 2020. Note that RMDs are still required in 2023 for Inherited IRAs from IRA owners who died before January 1, 2020.
2. Before his or her death, such individual was required to begin taking RMDs, and
3. You are subject to a 10-year distribution period.

Under the IRS Notice, if these requirements are satisfied, your 2023 RMD will be waived. Similar relief was previously provided for tax years 2021 and 2022.

Please let me know if you have any questions regarding whether and how the above may apply to you and your family.

08/24/2021

The infrastructure bill is near the finish line, while budget wrangling is on tap. As the legislation is debated, we look at the various scenarios.

06/24/2020

RBC Wealth Management is proud to receive the J.D. Power Award for ranking highest in the 2020 U.S. Full-Service Investor Satisfaction Study.
For J.D. Power 2020 award information, visit jdpower.com/awards

03/06/2020

Really enjoyed speaking this week on the 2020 Florida Next Level Symposium panel. Visit our website to hear about some of the hot topics that were discussed. https://us.rbcwealthmanagement.com/web/bluewaterinvestmentgroup/

02/21/2020

Michael Armstrong, CEO - RBC Wealth Management - U.S., discusses how responsible investing is emerging as another effective way for investors to influence change with their dollars. http://bitly.com/39SBBol : Why we’re all in on responsible investing for 2020>

11/14/2019

Our team is honored to be part of the Eleventh Annual Go Blue Awards hosted by Loggerhead Marine Life Center. Recognizing individuals and organizations who are leading the community in practicing ocean conservation and are on the leading edge of going blue.

09/18/2019

According to our New wealth rising survey, 61% of young professionals say the cost of living is a top concern around managing their wealth. Learn how Millennials can create a wealth plan that works, visit: www.thebluewaterinvestmentgroup.com

61% of young professionals in the U.S. say the cost of living is a top concern when it comes to creating wealth. Find out how a wealth plan can help you.

07/12/2019

High-profile athletes rely increasingly on banks to help them manage their finances.

Royal Bank was earlier than most in specifically targeting hockey players as clients and thinks it can replicate that success with other athletes.

05/21/2019

RBC Global Asset Management Chief Economist, Eric Lascelles, says substantial tariffs are the most likely scenario in the U.S-China trade war even though they only pose downside risks for both countries. Learn more about their impact, visit:

Theres more to the equity pullback than trade fears. Meanwhile, Chinas threat to dump Treasuries is much ado about nothing.