“Setting Every Community Up for Retirement Enhancement Act” The SECURE Act was signed into law on December 20, 2019. Here is a summary of some of the major changes included in this new law that may affect Parkside Advisors clients. We plan to incorporate these changes into our financial and tax planning discussions with clients based on their individual situations. Should you have any more immediate questions or concerns, please don’t hesitate to contact the firm to schedule a call or meeting. Required Minimum Distributions (RMDs) from retirement accounts will start at age 72 now, rather than age 70½ IfRead More
Equity markets posted positive returns around the globe in the first quarter of 2019. Looking at broad market indices, US equities outperformed non-US developed and emerging markets. Small caps outperformed large caps in the US and non-US developed markets, but underperformed in emerging markets. Value stocks generally underperformed growth stocks in all regions. Our report reviews the data.
This month the Parkside blog comes in the form of a podcast. In this recent episode of Founders and Friends, Scott Orn of Kruze Consulting interviews Parkside’s Audrey Grubman and Christina Kramlich on relevant financial topics for startup employees, founders, and investors. As many of our clients know, Audrey has worked with startup employees since establishing the firm in the mid-90s. The podcast reviews various forms of equity compensation and discusses the reasons to understand the details of one’s compensation very early on and make a plan. There are also some common pitfalls that founders and startup execs should keepRead More
Many of our clients ask for suggestions about the best financial approach when acquiring a new car. Here's how we break it down for them.
When we sit down with new clients to review their recent federal and state tax returns, we often find opportunities for tax reduction.
Bitcoin and other cryptocurrencies are fairly new, but the recent value surge of bitcoins has led to increased media attention. Still, should you invest?
If you’re anxious about the status of your retirement planning, we have some tactical advice to put your mind at ease.
When is the best time to get serious about retirement planning? Audrey Grubman breaks down the retirement planning timeline.
Dillon McGill, CFP® breaks down the most common retirement spending strategies — and the one we favor for our clients.
Health savings accounts (HSAs) are one way to mitigate the effects of the ever-increasing costs of healthcare in the U.S.