January 2023 – NEWSLETTER
Helping people intentionally design their wealth in a way that shapes their most inspired life.
Start the new year right by reviewing and revamping your financial plan.
Instead of hauling out those familiar New Year’s resolutions about keeping a journal or drinking more water, how about focusing on your financial well-being? Click here for a set of resolutions that can help ensure your long-term financial confidence.
WHAT YOU’LL FIND INSIDE:
- 2023 FINANCIAL RESOLUTIONS
- IMPORTANT Q1 DATES
- THANK YOU FOR DONATING
- SAVE THE DATE
- KEY AGES FOR ACTION IN 2023
Reminder…log-in to Client Access at least once every 6 months to maintain your paperless settings
Important Q1 Dates
Jan 16 – Financial Markets are closed for Martin Luther King Jr. Day
Jan 18 – 4th quarter estimated tax payment is due for those required to pay quarterly taxes
Jan 31 – Raymond James mails year-end retirement tax forms for 1099-R and 5498, if applicable
Feb 15 – Raymond James begins mailing 1099 tax statements
Feb 20 – Financial Markets are closed for President’s Day
Feb 28 – Raymond James mails amended 1099s and those delayed due to specific holdings and/or income reallocation
Thanks For Your Donation!
Save The Date
We know it’s only January, but mark your calendars NOW and plan to join us!
May 12, 2023
11:30 – 1:30
Do you have important documents with personal information that you want to get rid of, but don’t want falling into the wrong hands? Stop by our Paper Shredding Event, exclusively for our clients.
Nov. 27 – Dec. 1, 2023
To support the Jackson Community Food Pantry
Key Ages For Action In 2023
If you or your spouse are turning any of the key ages below the the coming year, take note, and plan on discussing your options with your advisor.
50 – Eligible to make “catch-up” contributions to qualified 401K accounts
59 1/2 – May begin taking distributions from your IRA without penalty
62 – Begin Social Security discussion
65 – Medicare coverage begins
70 1/2 – May begin making Qualified Charitable Distributions from and IRA
73 – Required to withdraw a minimum amount from your retirement savings plans each year
ADVOCATE FOR US
Our business has grown over the years thanks to clients who have told others about us. Many have asked us to help friends, family members, or colleagues. We are honored to receive these requests and it is a privilege to accommodate them.
If you know someone who could benefit from our services, let us know! Click here and fill out the form at the bottom of the page with their name and contact information. We will be glad to reach out and see how we can be of help!
Don Hershberger, CFP®, AIF®, CRC®, Founder and President, PWM, was named on the 2022 Forbes Best-in-State Wealth Advisor list.
Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Paramount Wealth Management is not a registered broker/dealer and is independent of Raymond James Financial Services.
The Forbes ranking of Best-In-State Wealth Advisors, 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. 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 34,925 nominations, more than 6,550 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.
Any opinions are those of the author and are not necessarily those of Raymond James. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. All opinions are as of this date and are subject to change without notice. All opinions are as of this date and are subject to change without notice.
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