The IRS has carved out a way for individuals over 70.5 to make charitable donations up to a certain amount that are tax exempt. We define this as a Qualified Charitable Distribution (QCD). If you…
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Your 2023 Medicare Enrollment Window
If you turn 65 in 2023, it is imperative that you sign up for 2023 Medicare enrollment during your designated registration window to avoid penalties when receiving Medicare benefits later on. However, the signup window…
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What You Need to Know About 2022 RMDs
The IRS-mandated required minimum distribution (RMD) had been a fixed constant for many years, going into effect at age 70.5, until the fine print of the rule changed in 2019. Upon the passing of the…
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How Inflation Affects Retirement Investments
Spokane Journal of Business interviewed Quantum financial planner Eric Christiansen, CFP® on the effects inflation has on retirement investments. Click the link below to read the full article via spokanejournal.com: https://www.spokanejournal.com/up-close/concerns-about-inflation-are-well-inflated-advisers-say/
Opting Out of the WA Cares Fund for Long-Term Care Insurance
On April 21, 2021, Washington Gov. Jay Inslee signed into law the Long-Term Services and Supports (LTSS) Trust Act, establishing the WA Cares Fund. The intent is to provide eligible workers who need long-term care…
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