Steven Schreiner, Financial Advisor - Stifel

11/09/2021

Tax-Free HSAs Stretch Retirement Dollars

You're not taxed on HSA money you use to pay out-of-pocket medical expenses at any age, such as your health insurance deductibles, copayments and costs for prescription drugs, as well as over-the-counter medications purchased after Jan. 1. You can also take tax-free withdrawals for dental and vision...

11/04/2021

Health Savings Account Fact Sheet 2021

A Health Savings Account (HSA) is a tax-exempt custodial account set up with a qualified trustee to pay or reimburse certain medical expenses.

11/02/2021

How high earners can maximize their retirement savings

There are some little-known strategies you can use to bolster your retirement savings.

10/28/2021

What Is a "True-Up" Match?

When a 401(k) plan offers an employer match on contributions, it is generally applied on a per-pay-period or annual basis. If it is offered on a per-pay-period basis, plan participants need to make sure they do not unintentionally miss out on the full match.

10/26/2021

Roth 401(k) Contributions/Distributions

Participants have the option of designating some or all of their salary deferral as a Roth contribution to their 401(k) and 403(b) plans.

10/21/2021

Solo 401(k) and Cash Balance Plans

A solo 401(k) plan is similar to a traditional 401(k) plan, but only covers business owners who have no other employees. A cash balance plan is a qualified employer-sponsored defined benefit pension plan. It is typically known as a “hybrid” plan, where participant accounts grow in two ways.

10/19/2021

Net Unrealized Appreciation (NUA)

When changing jobs or retiring, individuals are often faced with several options as far as what to do with that old retirement plan. If you own highly appreciated company stock in an old Qualifed Plan, you may elect to take advantage of favorable long-term capital gains rates by not rolling the shar...

10/14/2021

Spousal IRA Contributions

Funding a traditional or Roth IRA each year can be an integral part of planning for retirement. However, you must generally have earned income from employment to contribute to either a traditional or Roth IRA. An exception to this rule is the spousal IRA contribution.

10/12/2021

Roth Conversions

If you are like most Americans, retirement planning is a top financial priority, and saving for retirement in Roth IRAs can be one of the best strategies. Roth IRAs can be funded through contributions, rollovers, or conversions. A Roth IRA conversion is the movement of cash or securities from a trad...

10/07/2021

Should You Consolidate Your IRAs?

Do you own multiple IRAs at various institutions? Over the years, many investors make annual IRA contributions or complete qualified plan rollovers to different accounts at numerous financial institutions and now find it costly and confusing to keep track of all the accounts.

09/16/2021

Social Security Fact Sheet 2021