Skip to main content
Does Your Portfolio's Risk Level Fit You?         360-336-6527      

Sound Financial Planning, Inc

  • Home
  • About 
    • Overview
    • Team: Bill Morrissey
    • Team: Tammy Prouty
    • Team: Sheryl Jakel
    • Our Process
  • Services 
    • Overview
    • Financial Life Planning
    • Investment Management
    • Retirement Planning
    • Education Planning
    • Estate Planning
    • Life Transitions
    • Retirement Wellness
    • Our Fees
    • Everplans
  • Resources 
    • Useful Websites & Tools
    • Calculator Library
    • Video Library
  • Clients 
    • Client Login
    • Become a Client
  • Contact
  • Blog

 

Will you end up alone, out-of-touch, bored, or broken in retirement because you don't have your priorities straight?

Take the quiz!

 

    You are here

  1. Home
  2. Blogs
  3. Sound Financial Planning Quarterly Newsletter: Fall 2018

Sound Financial Planning Quarterly Newsletter: Fall 2018

Submitted by Sound Financial Planning, Inc on November 5th, 2018

As we settle into the final quarter of the year there are important dates you need to remember.

RMDs
If you are over the age of 70 ½ and are required to take a minimum distribution from your IRA and have not done so, the distribution must be completed by December 31st. Unless we already know your distribution wishes we may be in contact to ensure we get this completed.

You can also donate up to $100,000 to charity directly from your IRA when you are over 70 ½ years old without counting the distribution as taxable income.
This distribution can be counted as part of your required minimum distribution as well. Please call us if you have any questions.

Any Roth conversions must be completed by December 31st.

Charitable Giving
Often times December is when people have a special focus on giving. There are a few dates to remember at the end of the year when considering financial gifts of any kind.

  • If your year-end gift or transaction needs to be Bill and Tammy handled through our office please have your requests to us by December 1st to allow enough time to guarantee processing.
  • If you will be making a donation for which you plan to claim a deduction, remember that your gift must be made by December 31st. Remember, too, that only contributions to IRS-qualified charities are deductible.

We wish you a happy, healthy, and joyous holiday season.

- Bill and Tammy

Read the Entire Newsletter here. [PDF]

 

Recent Blog Posts

  • The Power of Purpose
  • Perfect Pundit Interview
  • Bill Presented with the Albert Nelson Marquis Lifetime Achievement Award

Archived Blog

  • February 2019 (1)
  • January 2019 (3)
  • December 2018 (2)
  • November 2018 (3)
  • October 2018 (3)
  • September 2018 (2)
  • August 2018 (4)
  • July 2018 (2)
  • June 2018 (1)
  • May 2018 (3)
  • April 2018 (3)
  • March 2018 (3)
  •  
  • 1 of 5
  • ››

Categories

  • affordable (2)
  • Aging (3)
  • Apple Computer (2)
  • Artificial Intelligence (2)
  • balance (3)
  • Bitcoin (3)
  • broker (2)
  • Budget (2)
  • Bull Market (2)
  • buybacks (2)
  • carerobos (1)
  • College (2)
  • College Savings Plan (2)
  • commission (2)
  • congress (2)
  • Conversation (1)
  • costs (2)
  • Crypto-currency (1)
  • currency (2)
  • data breach (1)
  • Decisions (2)
  • Diversification (3)
  • economic impact (3)
  • Economics (2)
  • Economy (4)
  • Emotions (2)
  • Equifax (1)
  • Fiduciary (2)
  • finance (1)
  • Financial (7)
  • Financial Advisors (3)
  • Financial Literacy (1)
  • financial planner (1)
  • Financial Wellness (1)
  • gender (2)
  • Global (3)
  • goals (2)
  • growth (1)
  • health (3)
  • Healthcare (2)
  • high-achiever (1)
  • hurricane harvey (4)
  • identity theft (1)
  • Insurance (2)
  • investment (2)
  • IRS (1)
  • Legislation (2)
  • life expectancy (2)
  • long-term care (1)
  • long-term investments (2)
  • longevity (3)
  • market (3)
  • market decline (2)
  • markets (4)
  • medicare (2)
  • Money (2)
  • motivation (3)
  • Newsletter (6)
  • Nobel Prize (2)
  • old age (3)
  • outlook (2)
  • Overspending (2)
  • personal robots (1)
  • personhood (3)
  • political (2)
  • predictions (2)
  • productivity (1)
  • proposal (2)
  • Puerto Rico (5)
  • purpose (2)
  • Questions (1)
  • Retirees (4)
  • Retirement (5)
  • return (2)
  • Robots (6)
  • S&P 500 (2)
  • Savings (4)
  • self-driving cars (2)
  • sexual harassment (2)
  • Social (3)
  • social media (1)
  • social security (3)
  • spending (1)
  • Statehood (2)
  • steel (1)
  • Stock Market (4)
  • stocks (2)
  • stress (1)
  • success (1)
  • tariffs (2)
  • tax reform (3)
  • tech advances (3)
  • technology (3)
  • time management (2)
  • trade (1)
  • Tuition (2)
  • US Citizenship (2)
  • US Economy (2)
  • volatility (2)
  • Wealth (3)
  • Workforce (2)

Book a Meeting

Tell a Friend

Contact Us

Don't hesitate to get in touch with us.

Where to Find Us

1111 Cleveland Avenue, Suite 101, Mt. Vernon, Washington 98273

(360) 336-6527 | Get Directions

650 Mullis St. Suite 101, PO Box 1610, Friday Harbor, Washington 98250

(360) 378-3022 | Get Directions

info@soundfinancialplanning.net

   

Bill and Tammy are both CERTIFIED FINANCIAL PLANNER® professionalsBill Morrissey and Tammy Prouty are NAPFA-Registered Financial Advisors

Quick Message

  • Sitemap
  • Legal, privacy, copyright and trademark information

All written content is for informational purposes only and does not constitute a complete description of our investment services or performance. This web-site is not a solicitation or offer to sell fee-only financial planning and investment advisory services except in states where we are registered or where an exemption or exclusion from such registration exists. Sound Financial Planning Inc. is a Registered Investment Advisor with the Washington State Securities Division. Information presented on this site is obtained from sources believed to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any information posted on this or any linked web-site. Nothing on this web-site should imply that past results are an indication of future performance. Opinions expressed are those of Sound Financial Planning, Inc.

© 2019 Sound Financial Planning, Inc. All rights reserved.

Website Design For Financial Services Professionals