Clients and Friends of The Center,
We hope this newsletter finds you well and enjoying the blooming flowers and sunny days!
In this month's newsletter, you'll get market updates from our quarterly Investment Commentary, a replay from our annual ESG Investing webinar, and blogs on a variety of topics including Can I Avoid IRMAA Surcharges on Medicare Part B and Part D?
Our snapshots section is also blooming with updates on our team members
outside of the office and our culture within the office. Be sure to check it out to keep up with all of the fun!
We are incredibly proud to share that Tim Wyman, CFP®, JD, and Matt Chope, CFP®, have once again been named to the 2024 Forbes Best-in-State Wealth Advisors list! Our team members are dedicated to providing the best possible service to both our internal and external clients, and these awards wouldn't be possible without the support and trust of each and every one of you! |
|
Tim Wyman, CFP®, JD
6th consecutive year
|
|
Matt Chope, CFP®
5th consecutive year
|
|
We would also like to wish an early Happy Mother's Day to all of you moms out there. We hope you feel loved, appreciated, and celebrated today and every day!
Wishing you all the best,
Your Center Team
|
|
ESG Investing
A hotly debated topic over the last several years, ESG investing has become a polarizing investment strategy and its measures are ever evolving.
Watch the replay as Kali Hassinger, CFP®, CSRIC® shares updates, discusses ESG basics, and provides information on The Center's ESG approach.
|
|
Social Security & IRMAA
Curious about how you can maximize your financial security in retirement?
Watch the replay as Josh Bitel, CFP® and Nick Defenthaler, CFP®, RICP® discuss several key components to maximize the lifetime benefits you can receive from Social Security as well as everything you need to know about keeping your Medicare premiums as low as possible in retirement.
|
|
How to Save Taxes and THRIVE in Retirement!
Questions about your retirement in today's new normal? During this seminar, we’ll discuss:
- Overview of our current, historically low tax environment that is set to expire over the coming years.
- Discuss several of the most common tax pitfalls retirees will face in retirement.
- Review strategies to recreate your retirement income in the most tax efficient manner possible.
- Learn more about the power of Roth IRA conversions and how to gift to charity and actually receive a tax benefit!
- Tax smart investing – give less to Uncle Sam and keep more money in your pocket!
|
|
Tuesday, May 14, 2024
6:00 PM - 7:00 PM
2|42 Community Church
7526 Grand River Avenue Brighton, MI 48114
|
|
Wednesday, May 15, 2024
6:00 PM - 7:00 PM
Farmington Community Library
32737 W 12 Mile Rd
Farmington Hills, MI 48334
|
|
How to Use a 529 Plan to Fund a Roth IRA
By Josh Bitel, CFP®
Starting in 2024, 529 account holders are permitted to roll excess college savings plan funds into a beneficiary's Roth IRA without incurring taxes or penalties - but there's some fine print to understand first.
|
Q1 2024 Investment Commentary
By Angela Palacios, CFP®, AIF® and Nick Boguth, CFA®, CFP®
As the four year anniversary of the Covid stock market correction came and went, markets have given economists a lot to reflect on. Read the full commentary below!
|
The Center Participates in Money Smart Week!
By Jeanette LoPiccolo, CFP® and Kelsey Arvai, MBA, CFP®
The Center was delighted to co-sponsor the Michigan Council on Economic Education's 2024 Personal Finance Challenge on April 15th. Learn more below!
The Center was a sponsor of the Michigan Council on Economic Education (MCEE) Personal Finance Competition. MCEE is not affiliated with and does not endorse the people, products or services of Raymond James or The Center.
|
|
Are Fair and Equal the Same When It Comes to Gifting Children?
By Sandy Adams, CFP®
The definition of "fair" in the minds of parents often means "equal." But do gifts to our children always need to be—and should they always be—equal?
|
Can I Avoid IRMAA Surcharges on Medicare Part B and Part D?
By Nick Defenthaler, CFP®, RICP®
Receiving communication that you’re subject to IRMAA and facing higher Medicare premiums is never ideal. However, here's how to potentially avoid it.
|
|
Enjoying Total Eclipse Day!
Center team members gather outside to catch a glimpse of the solar eclipse!
|
The Center Co-Sponsors 2024 Personal Finance Challenge
The Center was a co-sponsor of the Michigan Council on Economic Education's 2024 Personal Finance Challenge to show our support for the Money Smart Week campaign.
|
2024 RJ ELEVATE Conference
Center Team members attended the Raymond James National Conference outside Washington DC in April to learn about the latest resources and industry trends.
|
A Successful Shred Day
Thank you to all of those who stopped by for our annual Shred Day. It's always nice to see your faces!
|
|
Josh & Rachel are Expecting!
Congratulations to Josh Bitel and his wife, Rachel, on the announcement of their baby who's due later this year. We are beyond excited for you both!
|
Jaclyn Attends Kitces' Marketing Summit
Senior Marketing Manager, Jaclyn Jackson attends the 2024 Kitces Marketing Summit. This virtual summit aims to provide in-depth knowledge on marketing tactics and behind-the-scenes looks at real strategies in motion.
|
Logan & Sandy Attend Issues in Aging Conference
Logan Dimitrie and Sandy Adams attend Wayne State's Institute of Gerontology Issues in Aging conference, which focuses on current research and best practices in the field of aging.
|
May Center-Versaries
Check out our May Center-Versaries!
Nick Boguth - 10 years on the 5th
|
|
At The Center, we take pride in our core values that guide us in serving clients. We believe that our values are imperative to the work we do, and we want to recognize and celebrate team members who have exemplified them.
This month, Marisa Dobson was recognized for being Nice & Kind for getting bagels arranged many times for meetings. We always appreciate your help, Marisa!
|
|
Our office will be closed on Monday, May 27th, in observance of Memorial Day. We look forward to replying to your message when we return on Tuesday, May 28th! |
|
Center for Financial Planning, Inc.®
24800 Denso Drive, Suite 300 Southfield, MI 48033
248-948-7900
|
|
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the authors and not necessarily those of Raymond James.
You should discuss any tax or legal matters with the appropriate professional.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
The Forbes Top Wealth Advisors Best-In-State 2024 ranking, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 6/30/2022 to 6/30/2023 and was released on 4/3/2024. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 42,108 nominations, roughly 8,500 advisors received the award. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please visit https://www.forbes.com/best-in-state-wealth-advisors for more info.
|
|
|
|
|
|
|
