We are happy to announce that Kathy has a new title on our team, Client Relationship Manager! She is still available to take your calls for service inquiries and she now has Jona to assist her with these requests. This affords her additional time to help us proactively check in with you, addressing any service you may require or concerns you may have.
P.S. The original artwork on Kathy’s office wall was created by her one year old grandson, Wylie.
We are pleased to announce our newest team member to the Shepard Wealth Management Group, Jona Moody! Jona graduated from Winthrop University with a Bachelor's degree in Business Administration. Prior to college, he served as a Psychological Operations Specialist (Airborne) in the U.S. Army. Jona is a Registered Client Service Associate and is licensed with the Series 7 and Series 66 licenses. He supports our team and clients through account-related responsibilities.
Please join us in welcoming Jona to our team!
Clients often ask, “Am I going to run out of money?”
It’s a valid question that’s sometimes posed out of curiosity, but usually caused by concern over recent life events. You may be considering an unexpected buyout package, or otherwise facing an unplanned retirement, and you want to know what happens when the paychecks stop.
To help address these questions, we take a hands-on approach to financial planning that focuses on you. We explore all of your questions and address each of your unique concerns. Plus, your financial plan isn’t set in stone: it adapts with you, as your situation changes.
The Internal Revenue Service announced on June 23 (through IRS Notice 2020-51) that anyone who has already taken a required minimum distribution (RMD) in 2020 from certain retirement accounts now has the opportunity to roll those funds back into a retirement account by August 31, 2020, following the CARES Act RMD waiver for 2020.
One of the primary goals of estate planning is to maximize the assets that will pass to your heirs while minimizing the tax liability of your estate. One particularly effective strategy for working toward that goal is referred to as an estate freeze technique.
If you are receiving Social Security benefits or planning to claim benefits in the near future, you should be aware of the following guidelines for claiming strategies, which were enacted as part of the Bipartisan Budget Act of 2015.