Single Point of View
Single Point of View is our way to occasionally share planning ideas relating to personal finance. Our goal is to pass along concepts that you may not be exposed to on a daily basis.
Medicare: Part B & D Premiums & Other Costs
We continue our Medicare Planning series of blogs with additional information on the costs of Part B & D plans. Below is the breakdown of costs for Part B coverage in 2014 (and the additional cost for Part D) based upon your Modified Adjusted Gross Income each year. We recommend looking at your tax return (and current year income assumptions) to see how [...]
Medicare: When & How to Enroll:
Medicare: When & How to Enroll: In our ongoing series of posts on planning for Medicare, we move onto when and how to enroll. Please click this link to view our previous post on Planning For Medicare, which provides an overview of the Medicare system.http://singlepointpartners.blogspot.com/2014/11/planning-for-medicare.htmlIt is important to enroll in at least Part A of Medicare during the window that [...]
SPP Client Login
We have put together a presentation that will explain the various resources you can use to access account information. There are multiple options for viewing your accounts online, we want to make sure you find the one that works best for you. Click HERE to learn more about the Client Login page.
Social Security: Cost of Living Adjustment 2015
Recently, the Social Security Administration announced its COLA (Cost of Living Adjustment) for 2015. This adjustment of 1.7% will be applied to payments beginning in January 2015.Also connected to this adjustment is the increase of wages subject to the Security Security Tax, going from $117,000 to $118,500.If you would like to learn more about how this adjustment is calculated, please [...]
IRS Retirement Plan Limits announced for 2015
On October 23, 2014, the IRS announced its annual cost of living adjustments. Below is a chart from www.401khelpcenter.com that does a nice job summarizing the changes in limits since 2012. Chart of Select Limits 401k Plan Limits for Year 2015 2014 2013 2012 401k Elective Deferrals $18,000 $17,500 $17,500 $17,000 [...]
SPP Investment Update
Below is an email to our clients discussing our recent rebalancing of our Target Allocations. We thought it would be helpful to share during this recent market volatility. A phrase I always try to keep in mind during times of higher market volatility is “the markets tend to take the stairs up and the elevator down”. For me, this [...]