Office Closure

Soundmark Wealth Management will be closed on Monday, May 27 in observance of Memorial Day. Have a great weekend!

Pros and Cons of Net Unrealized Appreciation

  Key Takeaways Did you recently retire? Did you just leave an employer with company stock in your 401(k) plan? Don’t automatically roll your old plan over into your new 401(k) or IRA. Consider utilizing Net Unrealized Appreciation (NUA), a little-known strategy that could allow you to be taxed only on the cost basis of … Continued

Soundmark Wealth by the Numbers

Soundmark Wealth Management is committed to providing our clients a richer life through thoughtful planning, sensible investing, and objective advice. We work with clients to make intelligent decisions, based on financial needs, not market movements. Want to work with our experienced professionals? Connect with us and we’ll develop a financial plan that meets your needs … Continued

Fads Come and Go

“There’s one robust new idea in finance that has investment implications maybe every 10 or 15 years, but there’s a marketing idea every week.” – Nobel Prize recipient Eugene Fama Before adding assets or changing strategies in your portfolio, ask yourself the following three questions. What is this strategy claiming to provide that is not … Continued

Recessions Are Part of a Normal Economic Cycle

Key Takeaways: Recessions and bear markets are part of a healthy economic and financial market cycle. The best we can do is allocate accordingly. Inverted yield curves occur in most recessions—but they don’t necessarily mean a recession is imminent. Stocks generally decline leading up to a recession but tend to rise as the recession wears … Continued

529 College Savings Plan Rules and Reminders

Key Takeaways: Distributions from a 529 plan are tax-free if they are used for qualified college expenses such as tuition, room and board, books and computers. Distributions from your 529 plan must be made in the same year as your qualified expenses are incurred for your distribution to be considered tax-free. Review your 529 plan … Continued

Just When I Thought Microsoft’s After-Tax 401(K) Benefit Couldn’t Get Any Better

As mentioned in my previous Microsoft articles, “Are you Taking Advantage of this Little Known Microsoft Retirement Plan Benefit?” and “Microsoft’s After-Tax Savings Benefit … Just Got Better”, Microsoft has a great and rarely utilized feature in their 401(k) plans. The benefit allows employees the opportunity to contribute an additional $27,500 (for 2019) of their … Continued

Is Private Banking Right for You and Your Business?

Key Takeaways Large commercial banks bring economies of scale, a commitment to technology, competitive lending rates, and interest-bearing accounts. Commercial banks aren’t always the right option for individuals and businesses with complex financial structures and unique service needs. A private banking relationship at a local or regional bank may help you navigate the complexities of … Continued

Financial Plan = Freedom

In Soundmark Principal Bill Schultheis’ latest column, he reminds readers why it’s imperative to tune out the market noise – especially in our current economic climate. Bill created the tagline “How to Build Wealth, Ignore Wall Street, and Get on with Your Life” with the release of his book, The Coffeehouse Investor. Over 18 years … Continued