Navigating New Tax Planning Opportunities with the SECURE Act of 2019
As the new year unfolds, we find ourselves with numerous wealth planning opportunities based on tax law updates within the recently passed “Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019”. The SECURE Act is seen as the first major retirement savings law in many years. This is an important time to review retirement accounts and estate planning options.
Investment Key Takeaways—Year-End 2019
In 2019, almost all major financial asset classes were positive, a shift from 2018 where just about every asset class faltered. And atypically, both stocks and bonds appreciated strongly with the key driver being the Federal Reserve’s policy U-turn toward accommodative monetary policy.
Commentary from Our CIO—2019 Review & Outlook
While there are a number of reasons to be cautiously optimistic for the financial markets in 2020, we are also weighing a number of short-term risks, including high stock valuations. In the face of the current level of uncertainty, it’s helpful for investors to maintain a balanced mindset and to know that our portfolios are prepared for a variety of market environments as we anticipate what may be in store for the coming year.
Litman Gregory News
We are committed to providing a deep team of experienced professionals to support our clients’ financial success in the decades and generations to come. For that reason, we are excited to share the latest news from within the Litman Gregory team.
A Day to Give Back
In this year-end reflection, Managing Director Alice Lowenstein shares her experience as a general skills volunteer with Remote Area Medical, an organization that offers free medical, dental and vision care at temporary clinics held in underserved communities. Thanks to the support of our employees and clients, Alice was able to give back to the community as part of our “Day to Give Back” program.
A Giving Plan for Giving Tuesday
Giving Tuesday shines a light on philanthropic efforts and serves as a reminder to give to the causes and organizations that mean most to you. We help our clients define their charitable goals and build a plan that maximizes the impact of their giving, while optimizing their tax situation.
Bill Thompson Joins Our Wealth Management Team
We are pleased to announce that Bill Thompson has joined Litman Gregory as a Senior Advisor and director of the Endowments & Foundations Group. Bill is a longtime friend of the firm, and brings over 20 years of experience advising institutional and high-net-worth investors.
Gretchen Hollstein Named to 2019 List of Top Wealth Advisor Moms
We are thrilled to share that our very own Gretchen Hollstein, CFP® was recently recognized as one the 2019 Top Wealth Advisor Moms by Working Mother and SHOOK Research.
Year-End Tax Planning For 2019
As we move closer to year-end, there are numerous tax planning techniques we consider for our clients, depending on each individual situation. In this post, we provide a description of a few of those tax planning strategies, as well as some of the ways we seek to maximize the tax-efficiency of our client portfolios.
Investment Key Takeaways—Third Quarter 2019
Out of the current tug of war between U.S. trade policy and global monetary policy, we see two widely divergent, if not binary, possible market outcomes—a recessionary event or a cyclical rebound. Our client portfolios should be resilient in either scenario.
Commentary from our CIO—Third Quarter 2019
In this quarter’s investment commentary, our Chief Investment Officer offers a review of the macroeconomic environment, then takes a deep dive into the current valuation levels of U.S. stocks and what we believe is an appropriate portfolio allocation to this asset class.