Client Only Webinar: Everyone has heard of the 60/40 portfolio but challenges lie ahead with this approach
Join Debbie Taylor and Special Guest Speaker, Brad Eckstein, Regional Manager for Lord, Abbett & Co.LLC
Thursday, March 4th at 4:15 PM EST
Here’s what Debbie and Brad will address:
1. Stocks and how they may be considered overvalued or at frothy levels
2. Find out why the problem with the 60/40 is the 40 – not the 60
3. Core Bonds in the time of low-interest rates and possible losses associated to them
4. Why Core Bonds don’t provide capital appreciation or much income
5. How Bonds could create losses and what a savvy investor needs to think about now
FEBRUARY IS TFG TAX MONTH (NEW)
Should I Consider Doing a Roth Conversion?
FpPathfinder Checklist Provided by Taylor Financial Group, LLC
There are a lot of important considerations to weigh before doing a Roth conversion. As a result of the current market condition and changes due to the SECURE Act, Roth conversions are becoming an important strategy…View Checklist
Do I Have to Pay Taxes on Gains From Stocks?
Kiplinger Article Provided by Taylor Financial Group, LLC
You’ve worked hard all your life, and now you’re retired (or will retire soon). Unfortunately, there’s a pretty good chance that Uncle Sam is going to take a cut of your 401(k), traditional IRA or pension income. But what about your state? Will it take a bite out of your retirement income, too?…Read More
CURRENT STATE OF THE MARKET (NEW)
Weekly Market Commentary 02.08.2021
Federal Interest Rates Remain Low with No Increases Planned
Published by The Carson Group, LLC
The U.S. employment situation remains lackluster. Only 49,000 new jobs were created in January. Unemployment dropped but only because labor force participation fell from 63.4% to 61.4% (Figure 1). As COVID-19 cases have dropped this year, some improvement is expected in the coming months. Vaccine distribution remains the most important path toward an improved economy….Read More
COVID-19 HEALTH AND WELLNESS (NEW)
Biden Meets Republicans to Discuss Their Covid-10 Stimulus Plan
The Wall Street Journal Article Provided by Taylor Financial Group, LLC
WASHINGTON—A group of Senate Republicans outlined their roughly $618 billion coronavirus-relief offer Monday, including a round of $1,000 direct checks for many adults, as Democrats began a process that would allow them to pass President Biden’s $1.9 trillion plan along party lines….Read More
ARE YOU UNSURE WHAT TO DO WHEN A LOVED ONE DIES? (NEW)
Survivor’s Checklist Provided by Taylor Financial Group, LLC
When a loved one dies, the details that need to be taken care of by survivors may be particularly overwhelming during such an emotional time. This checklist is intended to help survivors handle the situations that need tending to, both at the time of death and afterward, as efficiently as possible…View Checklist
KEY PLANNING & INVESTMENT DEADLINES YOU DON’T WANT TO MISS (NEW)
IMPORTANT ANNOUNCEMENT ABOUT FILING YOUR TAXES (ICYMI)
TD Ameritrade will be issuing 3 rounds of Form 1099s for 2020. Taylor Financial Group recommends that you NOT file your 2020 taxes until the 2nd correction cycle has been issued on March 5th.
Upon your request, TFG will securely email your 1099s to you and your tax professional or just to you, based on your preference. Please let us know.
MEDICARE UPDATE (ICYMI)
1) Yes, your Medicare Part B coverage WILL COVER your COVID-19 VACCINE 100%… Read More
2) Now’s the time for a Medicare Supplement Checkup. You can replace your Supplement at any time if you’re overpaying and in generally good health
- If you are overpaying and can pass underwriting (a health history lookback), you can often get the same great coverage at a lower premium by switching insurance companies.
- Make sure you do a Medicare Supplement Checkup every two to three years.
3) You can change your Medicare Advantage (MA) Plan from now through March 31, during the annual Medicare Advantage Open Enrollment Period (MA OEP)
· During the MA OEP, you can switch from your Medicare Advantage Plan to:
- another Medicare Advantage Plan, OR
- to Original Medicare with or without a prescription drug plan (Part D).
· You can make just one change during this period, to start the first of the following month.
4) You can sign up for Original Medicare Part A and/or Part B from now through March 31 if you missed your Medicare Initial Enrollment Period around your 65th birthday or when you left your employer’s health insurance.
- Enrolling during this annual General Enrollment Period (GEP), which runs from January 1 – March 31, means your coverage will start on July 1.
- Until that time, you will not be covered by Medicare.
- In addition, you may have to pay a Part B premium penalty for the months you’re without Medicare.
Have Medicare questions or want help? Book a no-charge Medicare check-in now with Nancy Schwartz, Medicare Coach & Licensed Independent Insurance Broker.
Nancy connects people like you with the right Medicare coverage at the best price. Her services are free to every client.
LAST WEEK WITH THE TFG TEAM…
Check out Barketing Manager, Phillie Taylor rocking our new team apparel!