IPA Newsletter Series
Newsletter Library
Welcome to the IPA Newsletter series. This educational series is intended to help you better understand your financial life as it relates to investing and retirement planning. We take our fiduciary responsibility seriously, not just to build plans and manage investments, but to educate and keep you informed.
Understanding the SECURE Act 2.0
As 2022 came to a close, and while many of us were focused on the holidays, Congress passed new legislation for America’s retirement system. Called the SECURE Act 2.0 (which stands for Setting Every Community Up for Retirement Enhancement), it’s part of the greater...
Investing for the Long Term
We often have people ask us questions such as: “Where is a good place to get started investing? What will give me the best return?” Or “I have $1,000 to invest, where should I put it?” The reality for questions like these is the return for the investment does not...
The Power of the Health Savings Account (HSA)
What is a Health Savings Account (HSA)? Health Savings Accounts (HSAs) were created back in 2003 by the Medicare Modernization Act. This law created HSAs to encourage individuals to enroll in High-Deductible Health Plans (HDHPs) in an effort to curb overall healthcare...
Rollovers and Transfers
We assume in this article that the accounts have similar tax treatment and registration. In the event, accounts do not have the same account type and registration, the process of moving money becomes more complex. We will not address those situations in this article....
Offense Wins Games, Defense Wins Championships
In investing much like in football, it pays to make sure you have a strong defensive strategy. In football, that means not letting the opposing team score as many points as your team. I investing that means to keep more of your gains by not giving up as much. Doing...
What is the Difference Between a Traditional IRA and a Roth IRA?
Contributions to a Traditional IRA are done with pre-tax income. Similar to a 401(k), the amount you contribute to a Traditional IRA is tax deductible up-front, reducing your taxable income. The money then grows overtime tax-deferred, and is subject to taxation only...
Diversification: Fact & Fiction
Diversification is a technique that aims to maximize returns by investing in different areas that would each react differently to the same event. Most investment professionals agree that, although it does not guarantee against loss, diversification is the most...