March 2023 – NEWSLETTER

Helping people intentionally design their wealth in a way that shapes their most inspired life.

Review Key Takeaways of the SECURE Act 2.0

Passed in December 2022, the SECURE Act 2.0 includes a comprehensive set of provisions intended to help many Americans and employers with retirement saving.

Changes for investors include RMD age increases, higher catch-up contribution limits, and a new 529 transferal option. There are also changes to QCD distribution, Roth IRAs, and Beneficiary, Annuity and Special needs trust changes. Click here to read the full summary.




March 12 -Daylight Savings Time begins

March 23 – 5:00 pm Happy Hour with the Hershbergers (details below)

April 7 – Office closing at 1:00 pm for Good Friday. Financial markets are closed all day.

May 12 – Shred Event 11:30 am – 1:30 pm
We will have a paper shredding truck on-site exclusively for our clients

June 3 – Symphony Under the Stars (details below)

Nov. 27 – Dec. 1 – Food Drive to support the Jackson Community Food Pantry

​Client Spotlight – Tammy Dindoffer

Tammy Dindoffer is the Volunteer Executive Director for My Place, a living space in Jackson for females ages 16 – 21 who are aging out of foster care and need a safe place to live. Many have experienced neglect, abuse, and homelessness. My Place gives them the opportunity to gain the life skills, educational opportunities, and emotional support needed to become successful and responsible individuals.

Tammy was involved with “Set Free”, an International Anti-trafficking group at Arbor Church in Spring Arbor, MI. In 2019, Set Free completed a survey to find out how they could make a greater impact on Jackson County.

The survey determined there is a lack of housing for kids aging out of foster care. Many in the foster care system are not willing to take in teens, minors aren’t able to rent apartments, and many don’t have the skills or finances for independent living. It was at this time that Tammy retired as Dean of Human Services at Spring Arbor University and shifted her focus to establishing My Place to help fill this housing void.

The girls are referred to My Place mainly through the Foster Care System. and go through a process to make sure My Place is a good fit for them. Along with needing a safe place to live, many of the girls arrive needing a job, a state ID, a bank account, and help taking Drivers Ed and logging all the driving hours needed to get their license. Others are long overdue to see a dentist and eye doctor. My Place helps the girls resolve issues such as these, and also uses already established community services to meet other needs such as tutoring and counseling.

Each resident pays a modest rent, has assigned chores, purchases and cooks their own food, and signs an agreement for behavior. My Place does not receive any state funding and runs on grants and individual donations.

Since opening in 2021 there have been 3 “graduates” of My Place. One is living and working independently, another is a student at Jackson College, and the third was reunited with her family.

Within the next year My Place hopes to open a male housing facility and is working to obtain licensing to begin a Social Enterprise, My Bakery, to help residents earn income and learn job skills.

If you would like to volunteer at My Place, click here and fill out the form at the bottom of the webpage. They can use help with things like house maintenance / repair, driving with the girls so that they can log enough hours to get their license, or covering a “house supervision” 5-hour shift.

Click here if you would like to make an on-going or one-time donation.

Tammy and her husband, Walt, have been Paramount Wealth clients of since 2020.

​Happy Hour with The Hershbergers

Don and Mary Anne Hershberger, owners of Paramount Wealth Management, would like to invite any clients who will be in Arizona on March 23, to their home on Superstition Mountain Golf Course for Happy Hour at 5pm.

The LPGA Drive On Championship will be playing on Superstition Mountain Golf Course March 23 – 26.

If you would like to attend Happy Hour with Don and Mary Anne, please email [email protected].

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Symphony Under the Stars

For our Florida Clients in the Tampa area… You are invited to a free private pops concert hosted by Raymond James. The concert features the award-winning Florida

Orchestra and will be held at Raymond James Stadium in Tampa on Saturday, June 3, 2023.
The 28th annual Raymond James Symphony Under the Stars will be a memorable evening for the whole family. Bring your blankets and lawn chairs and enjoy a casual, family-friendly evening filled with music “under the stars.”

For more information and tickets, contact [email protected]

The Paramount Wealth Management Team

Don Hershberger, CFP®, AIF®, CRC®, Founder and President, PWM, was named on the 2022 Forbes Best-in-State Wealth Advisor list.

420 South Brown Street Jackson, MI 49203
Phone: 517-787-4444
Fax: 517-795-2530
[email protected]

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 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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