We want to thank everyone who attended our Wealth and Health Expo on Saturday! The number of RSVPs and attendees was above our expectations for a first time event and the feedback was wonderfully positive.
The IRS has released the 2018 contribution limits for retirement plans. The full release is here: https://www.irs.gov/newsroom/irs-announces-2018-pension-plan-limitations-401k-contribution-limit-increases-to-18500-for-2018
The following information was sent out to clients via our most recent monthly newsletter. The information is important for anyone with a Thrift Savings Plan (TSP) account. It is especially important to anyone who inherited a TSP account from their spouse and kept the money in the TSP account.
(This is from FINRA)
We have some follow up info to share with you regarding the Equifax data breach that was announced last Friday. We want to thank the clients and professional colleagues who responded with these following ideas for protecting your credit/identity.
Here are three additional steps you can take in addition to the remedy Equifax is offering;
This is a public service type notice regarding news that came out late yesterday. Please share this with your contact list.
The following a press release from the Charles County Government
"Medicare Seminars Available in September
Note: This information was shared with us by Diana Varela, Public Affairs Specialist in the Silver Spring Maryland Social Security office. We are very happy we established a relationship with Diana a few years ago. She has been a wonderful source of information and guidance.
Humans generally make the worst decisions when they don't have the life experiences or education about a topic to make the decision that is best for them. We see people make poor financial decisions all the time. More often than not, the decision was based on poor information.