The Required Minimum Distribution (RMD) is a concept in the U.S. retirement system that mandates individuals to withdraw a minimum amount from their retirement accounts annually, starting at a specific age. The rules surrounding RMDs are crucial to understand for individuals with retirement accounts such as IRAs (Individual Retirement Accounts) and employer-sponsored retirement plans, like [...]
Today, people are living longer than ever but not always in the best of health. In fact, most individuals will need some form of long-term care in their lifetime. The aging process often leaves them needing assistance with activities of daily living (e.g., bathing or dressing), or they may be affected by cognitive disorders (e.g., [...]
This roundup of top financial news for the week presented by Matt Glova and the LifeTime Asset Management team: Monthly Market Update, July 31, 2024 Quick Highlights: 1. Mixed Month for Stocks: Stock returns were mixed in July. 2. Bonds Positive: Falling interest rates led to positive bond returns for the third consecutive month. 3. [...]
We're excited to announce that both Matt Glova, CFP® in our Raleigh headquarters and John Puckett, CFP®, MBA in our Suwanee, GA office have been named to AdvisorHub's Advisors to Watch list for 2024. Congratulations to both Matt & John on their commitment to the growth of LifeTime and dedication and service to our clients. [...]
At any age, health care is a priority. When you retire, however, you will probably focus more on health care than ever before. Staying healthy is your goal, and this can mean more visits to the doctor for preventive tests and routine checkups. There's also a chance that your health will decline as you grow [...]
LifeTime publishes a quarterly newsletter with a compilation of topics, from happenings at LifeTime to market news and updates. It’s worth a look! Our second quarter newsletter features: Matt Glova named to Forbes Best-In-State Wealth Advisor list for 2024 LifeTime Shred Events Success LifeTime Gives Back at Habitat for Humanity ReStore Suwanee Office Client Education [...]
LifeTime will be hosting two great educational events for our clients & guests this summer. For our Suwanee office clients, we are hosting a dinner presentation on Investing in an Election Year. Investing in an election year presents unique challenges due to increased market volatility and uncertainty surrounding policy changes. As November 2024 approaches, election [...]
This roundup of top financial news for the week presented by Matt Glova and the LifeTime Asset Management team: Quarterly Market Update, June 30, 2024 Quick Highlights: 1. June Rally Caps Solid Quarter for Stocks - Stocks rose for the second consecutive month. 2. Bonds Up for the Month and Quarter - Falling interest rates [...]
The Corporate Transparency Act (CTA), effective January 1, 2024, will affect approximately 32 million companies in the United States. Under this legislation, impacted legal entities must report information about their beneficial owners and controlling parties, among other information, to the US Department of Treasury's Financial Crimes Enforcement Network (FinCEN). LifeTime Tax Management will not be [...]
By definition, estate planning is a process designed to help you manage and preserve your assets while you are alive, and to conserve and control their distribution after your death according to your goals and objectives. But what estate planning means to you specifically depends on who you are. Your age, health, wealth, lifestyle, life [...]