The Roth 401(k) five-year rule determines when you can begin receiving tax-free qualified distributions from your 401(k) plan Roth account. While it’s similar to the five-year rule that applies to Roth IRAs, there are important differences. Withdrawals from your Roth 401(k) plan account — including both your contributions and any investment earnings — are completely […]
If you or a family member has a disability, you may be interested in learning about a tax-advantaged option called an ABLE account which can be used to save or invest for qualified disability expenses. Most states have launched ABLE programs, and more are in the works. Why are ABLE accounts needed? Individuals with disabilities […]
At Per Stirling, we recognize the importance of giving back to our community. Each month, our team selects a meaningful cause to support. In February, we were honored to participate in the Abigail Keller Bear Drive, an initiative dedicated to bringing happiness to children facing medical challenges. The Abigail Keller Bear Drive collects and donates […]
To paraphrase Sir John Templeton, “Bull markets are born in despair, grow in pessimism, mature in optimism, and die in euphoria”. Stock market declines can be a wonderful thing. It just does not feel like it when you are in the midst of the storm. Bear markets (declines of 20% or more) and corrections (declines […]
Philanthropic financial planning is about more than just managing your money—it’s a way to reflect your values through your financial decisions. By combining charitable giving with tax-efficient financial strategies, you can support the causes you care about while strengthening your financial plan and building a lasting legacy. In this article, we’ll explore the key methods […]
A self-employed retirement plan is a tax-deferred retirement savings program for self-employed individuals. In the past, the term “Keogh plan” or “H.R. 10 plan” was used to distinguish a retirement plan established by a self-employed individual from a plan established by a corporation or other entity. However, self-employed retirement plans are now generally referred to […]
The month of January has traditionally been given some element of special consideration by more tactical investors for a variety of reasons. One of those is the so-called “January Barometer”, which holds that, as January goes, so goes the rest of the year in stocks. While we would never encourage an investor to use such […]
Are You Leaving Free Money on the Table? -Check Your 401(k) Contributions As we settle into the new year there are several financial items to ‘check on’. One of those being your 401(k) contributions. If your employer offers a match and you’re not contributing enough to get the full amount, you’re essentially leaving free money […]
You will need to think about the disposition of your assets at your death and any tax implications. Statistically speaking, women live longer than men. So if you are married, you’ll also probably have the last word about the final disposition of all of the assets you’ve accumulated during your marriage. You’ll want to consider […]
The recent wildfires in Los Angeles had a devastating impact on communities, displacing families, devastating wildlife, and destroying homes. As one of the worst natural disasters in recent history, the need for support has never been greater. At Per Stirling, we believe in standing by those in need. In response to the crisis, employees […]
