Posts by rosemontadvisors

Quarterly Newsletter – Third Quarter 2016

Posted by on Nov 1, 2017 in Quarterly Newsletter

Do you remember playing “20 Questions”? Here are the answers to 20 questions about required minimum distributions (RMDs). Most of this information comes from the frequently asked questions section of the IRS website. Third Quarter 2016 Newsletter

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8 Critical Things to Do Before Buying a Home

Posted by on Apr 21, 2016 in Articles, Uncategorized

So you’re finally ready to get serious and buy a house — chalk it up to the amazing spring weather, or maybe a precious bun baking in the oven, or that much anticipated promotion at work. Whatever the reason, you feel primed to start poring over listings and spending your weekends open-house hopping. Exciting! Yet while you might feel prepared for this next giant step, just remember — there’s a lot of planning and prep work that goes into this purchase, even before you start to look at homes. So make sure you’ve got all your mallards in a row first! Use this...

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Considering a New Career in Retirement?

Posted by on Mar 4, 2016 in Articles, Uncategorized

Many retirees look forward to spending their golden years relaxing, socializing and improving their short game. For some, however, all of that R&R is overrated. Working after retirement may be an oxymoron, but it’s a trend that continues to gain steam. A 2013 study found that 60 percent of workers age 60 and older plan to look for a new job after retiring. That’s up 3 percent from the previous year. While financial concerns are often the motivator, for many retirees the decision to pursue an encore career is more about passion than paycheck. Retirement can be an opportunity...

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4 Ways Getting Married Will Change Your Taxes

Posted by on Feb 25, 2016 in Articles, Uncategorized

When you walk down the aisle, your vows aren’t likely to include the words “Till death—and taxes—do us part.” But including that clause may not be such a bad idea, because once you tie the knot, your tax situation has the potential to go from simple to complex fast—not to mention the fact that you’ll have to reconcile any disparate tax strategies. For instance, Melissa and Lee Bernhoft, Houston–based newlyweds who got married in April, have two very different attitudes toward declaring exemptions: Melissa likes to declare more, while Lee prefers fewer. “My expectation is that I’ll have to...

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10 Retirement Saving Strategies You Should Know About

Posted by on Feb 23, 2016 in Articles, Uncategorized

From tax-deferrals to employer contributions, here’s how to save more. We all know that we should be putting aside a portion of each paycheck for retirement. Setting up a direct deposit to a savings or investment account can help make sure that we don’t forget to save every month. However, once you start saving, there are many other things you can do to help grow and protect your nest egg. Here are 10 savings strategies that will help you build wealth for retirement. Tax-deferral on retirement savings. You can defer paying income tax on money you save for retirement in a 401(k)...

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