Who Is Your Trusted Contact?

This vital investment account question should be answered sooner rather than later.

presented by Clear View Financial Services, LLC

Trusted Contact

Investment firms have a new client service requirement. They must now ask you if you would like to provide the name and information of a trusted contact.1 You do not have to supply this information, but it is encouraged. The request is made with your best interest in mind – and to lower the risk of someone crooked attempting to … Read More

Tax-Loss Harvesting

A useful year-end move to counteract capital gains.

presented by Clear View Financial Services, LLC

Even though this may end up being a subpar year for stocks, you may realize capital gains, which is a taxable event. What can you do about them? You can do what some investors do – you could recognize investments with a loss and practice “tax-loss harvesting.”  Keep in mind this article is for informational purposes only. It’s not a … Read More

Multigenerational Households Are Becoming More Common

Stephen WierhakeUncategorized

multigeneration family

This might surprise you:  according to Pew Research, statistics indicate that almost one in five individuals live in multigenerational housing – where adults from at least two generations share the same home. What’s behind this trend?  What are some of the positives that families experience?  What are some of the challenges?  Reasons for the resurgence in multigenerational households Financial need … Read More

A Stock Market Lesson to Remember

Confidence can quickly erode, but it can also quickly emerge.

presented by Clear View Financial Services, LLC

Undeniably, spring 2020 has tried the patience of investors. An 11-year bull market ended. Key economic indicators went haywire. Household confidence was shaken. The Standard & Poor’s 500, the equity benchmark often used as shorthand for the broad stock market, settled at 2,237.40 on March 23, down 33.9% from a record close on February 19.1 On April 17, the S&P … Read More

Retirement Alert: How to Be Prepared for Emergencies

Douglas YoungUncategorized

Emergency Plan

Most emergencies in life affect us financially. Job loss, serious illness, injury, a major necessary home repair, or perhaps a needed repair to your vehicle – any of these can be costly. There’s also the risk of a natural disaster.  We have clients in many states – and we know that several have experienced hurricanes, flooding, tornadoes, mudslides, wildfires, and … Read More

Key Provisions of the CARES Act

Distributions can be waived in 2020 for Inherited Accounts, 401(k)s, and IRAs.

presented by Clear View Financial Services, LLC

Coronavirus Aid, Relief, and Economic Security CARES Act on the desk.

Recently, the $2 trillion “Coronavirus Aid, Relief, and Economic Security” (“CARES”) Act was signed into law. The CARES Act is designed to help those most impacted by the COVID-19 pandemic, while also providing key provisions that may benefit retirees.1 To put this monumental legislation in perspective, Congress earmarked $800 billion for the Economic Stimulus Act of 2008 during the financial … Read More

Simplifying Your Life for Retirement

Stephen WierhakeUncategorized

Simplify Your Life

For many, the thought of retirement is worrisome and daunting, to say the least. Over the course of our lives as adults, we have many obligations:  the demands of work, raising a family, helping care for aging family members, community service, keeping up with home maintenance, saving for retirement and perhaps providing financial support for family members.  This list is … Read More

Pullbacks, Corrections, and Bear Markets

What’s the difference? What do these terms mean for you?

presented by Clear View Financial Services, LLC

Pullbacks, Corrections, and Bear Markets

The COVID-19 outbreak has put tremendous pressure on stock prices, prompting some investors to blindly and indiscriminately sell positions at a time when the entire market is trending lower. Worried investors believe “this time it’s different.” When the market drops, some investors lose perspective that downtrends – and uptrends – are part of the investing cycle. When stock prices break … Read More

Financial markets react to the global spread of the COVID-19 virus

As financial markets react to the global spread of the COVID-19 virus and anxiety levels increase, I want to provide perspective on the situation from Cetera® Investment Management to help you cut through the noise. Investors are rightfully worried about the virus, as the global economy had already been rattled by the 2-year U.S.-China trade war, as well as the … Read More

That First Distribution from Your IRA

What you need to know.

presented by Clear View Financial Services, LLC

That First Distribution from Your IRA

When you are in your seventies, Internal Revenue Service rules say that you must start making withdrawals from your traditional IRA(s).In I.R.S. terminology, these withdrawals are called Required Minimum Distributions (RMDs).1 Generally, these distributions from traditional IRAs must begin once you reach age 72. The money distributed to you is taxed as ordinary income. (When such distributions are taken before … Read More