Tschetter Group Tschetter Group Client Portal

Some New Things For Spring

Optimism | Planning

Greetings and Happy Spring! For many of us, the renewal of spring signals that it’s time to get into spring cleaning mode – sweeping the dust out, rotating our wardrobes, decluttering our rooms. The goal is to tidy and freshen up your living space as the new season rolls in. I know for me, taking…

Continue Reading

Congratulations to Pascale!

Culture and Values | Planning

Tschetter Group is proud to announce that our Associate Financial Planner, Pascale Dumesnil has passed the CFP® examination and will soon be applying for her CFP® certificate. The CERTIFIED FINANCIAL PLANNER™ certification is largely considered the highest standard in financial planning. It is a rigorous process that requires each advisor candidate to satisfy educational and…

Continue Reading

Market Turbulence

Market Content | Optimism

Even if well telegraphed by regular news coverage, yesterday’s invasion of Ukraine by Russia has introduced new uncertainty into the market environment, causing some near-term turbulence. We thought it worth sending a quick note.   While it would be nice to avoid them altogether, first we’ll just offer the reminder that periods of market pain and…

Continue Reading

Net Unrealized Appreciation (NUA)

Planning

For those of you that have accumulated employer stock within your employer-sponsored retirement plan, you have a few different options when you’re eligible to take a distribution from your plan. Often times when employees leave a company, the best course of action is to roll your company retirement plan into an IRA to continue to…

Continue Reading

Social Security COLA Increase in 2022

Planning

The Social Security Administration announced today benefits will see a cost-of-living adjustment (COLA) of 5.9%– the largest increase since 1982. To put it in perspective, the average increase over the past decade has been only 1.4%. This increases the maximum retirement benefit at full-retirement age from $3,148 per month currently ($37,764 annually) to $3,345 per…

Continue Reading

The Mega Backdoor Roth

Planning

In the planning department, many of our conversations with clients is about determining savings goals on an annual basis that will help propel them to their retirement planning goals discussed. For many clients, that starts with taking advantage of their company retirement plans and working to maximize their contributions, and then more detailed planning follows…

Continue Reading

Recent Tax Proposals

Planning

For at least a year now, well before the election, there’s been plenty of news, opinions, and frankly bluster about President Biden’s federal tax proposals to fund infrastructure and new social programs including education, nutrition, and childcare.  While what is on the table would certainly represent a significant change, especially for U.S. companies and high…

Continue Reading

Getting Your Fair Share of Long-Term Care

Planning

Earlier this year, Washington State passed the first ever payroll tax to fund long-term care needs for its residents. Effective on January 1st of 2022, Washington state residents will be subject to a 0.58% payroll tax to fund this program, designed to alleviate pressure on the Medicaid system. While this may be a benefit to…

Continue Reading

Generosity and Donor-Advised Funds

Culture and Values | Optimism | Planning

Good Morning and Happy Friday! A couple weeks ago we touched on what an extraordinary year 2020 was for many different reasons. Of particular note has been the extraordinary “rise to the occasion” of you, our clients and friends of the firm, as many have stepped forward with generosity and care for others. Despite all…

Continue Reading

Stay Calm & Survive Tax Season

Culture and Values | Planning

Greetings! Life seems to always pick up the pace in the month of February. For us, we start thinking about all of the appetizers we plan on eating when watching the Super Bowl (we won’t tell you our pick!). It is also when we start thinking about taxes. While not the most glamorous topic we’ve…

Continue Reading