COVID-19 and 401k/IRA Withdrawals

Kristine SimmonsUncategorized

The COVID-19 pandemic has turned everyone’s world upside down. We want you to know we are doing our best to stay on top of important information that pertains to our clients. The information below was shared from the National Associaton of Plan Advisors (NAPA); we wanted to pass the information along to our customers. You can also access additional information … Read More

Understanding the COVID-19 Stimulus Check

Kristine SimmonsUncategorized

Economic Impact Payment: What You Need to Know The COVID-19 pandemic has turned everyone’s world upside down. We want you to know we are doing our best to stay on top of important information that pertains to our clients. The information below comes directly from the IRS.gov website. On March 27, 2020, President Trump signed the Coronavirus Aid Relief and … Read More

CARES Act Updates to Your RMD

Kristine SimmonsUncategorized

The COVID-19 pandemic has turned everyone’s world upside down. We want you to know we are doing our best to stay on top of important information that pertains to our clients. The information below was shared from the National Associaton of Plan Advisors (NAPA); we wanted to pass the information along to our customers. When you reach age 72, you … Read More

Maintaining Your Lifestyle in Retirement

Kristine SimmonsUncategorized

The need for retirement planning doesn’t end with the onset of retirement. For those lucky to be a new retiree, you will now see a shift in your focus from building wealth to managing and preserving it. One major challenge as you enter this new phase is to make sure your investment portfolio can supply cash flow for the duration … Read More

UNDERSTANDING LIFE INSURANCE

Kristine SimmonsUncategorized

When do you carry life insurance? Typically, when kids are young and money is tight. That’s when it’s most important to protect against the horrible, if unlikely, possibility of dying and leaving your family broke as well as bereft. Term life insurance, the least expensive variety of life insurance, has remained a popular choice among young families since it was … Read More

Common Mistakes in Business Succession Planning

Kristine SimmonsUncategorized

There are some primary steps that needs to be taken when considering your succession plan. Identify your succession team and do a valuation of your business. Create a strategy and implement a plan. Read the attached document and avoid common pitfalls in your succession planning. common-mistakes-in-business-succession-planning-handout-2015

New Fiduciary Rule Delayed

Kristine SimmonsUncategorized

The new Fiduciary Rule was just delayed by the Trump administration because they would like to review it. We at Murray Securus Wealth Management were excited about this rule going into effect because, by it’s nature, it was designed to protect the client. It was meant to put the clients interest before the advisers. This rule was designed to hold … Read More

Why Passive Investments are Popular

Kristine SimmonsUncategorized

“We’ve long felt that the only value of stock forecasters is to make fortune tellers look good.” This classic quote from Warren Buffett encapsulates the guiding principle of passive investors, who prosper not by trying to do better than the stock market, but by mimicking it at a low cost. These investors are often proponents of index funds and ETFs, … Read More

Life Happens – Life Insurance Awareness Month

Kristine SimmonsUncategorized

Nearly 100 million Americans do not have adequate life insurance. This is a staggering number as every month, we pay for insurance to protect our homes, cars and belongings. Colonial Life adds, “you’d think we’d give more consideration to protecting our family’s financial future.” Life insurance can provide the financial safety net needed to help families maintain their standard of … Read More

Life Insurance Awareness Month

Kristine SimmonsUncategorized

Danica Patrick named the spokesperson for Lifehappens.org “Driving race cars is risky. Not having life insurance to take care of your family is riskier.” – Danica Patrick https://youtu.be/BVD49HDBZSY