Helping people intentionally design their wealth in a way that shapes their most inspired life.
Review Key Takeaways of the SECURE Act 2.0
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.
WHAT YOU’LL FIND INSIDE:
- LAYING THE GROUNDWORK FOR TAX SEASON
- KEY TAKEAWAYS OF THE SECURE ACT 2.0
- CALENDAR
- CLIENT SPOTLIGHT
- HAPPY HOUR INVITATION
- SYMPHONY UNDER THE STARS
Calendar
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 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.
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].
Like and Follow us on Social Media
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]
Don Hershberger, CFP®, AIF®, CRC®, Founder and President, PWM, was named on the 2022 Forbes Best-in-State Wealth Advisor list.
Phone: 517-787-4444
Fax: 517-795-2530
[email protected]
www.paramountwealth.com
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.
This may constitute a commercial email message under the CAN-SPAM Act of 2003. If you do not wish to receive marketing or advertising related email messages from us, please reply to this message with “unsubscribe” in your response. You will continue to receive emails from us related to servicing your account(s).
