June 10, 2024 Weekly Update

We do love it when someone refers a family member or friend to us.  Sometimes the question is, “How can we introduce them to you?”   Well, there are multiple ways but a very easy way is to simply forward them a link to this webpage.

Here are this week’s items:

Portfolio Update:  Murs and I have recorded our portfolio update for June 10, 2024

Form 5498 Demystified – Essential Tax Information for Retirement

Radon, Murs, and Taylor discuss the significance of Form 5498 as an essential tax information document. Taylor describes Form 5498 as an informational document that reports contributions, rollovers, and required minimum distributions (RMDs) related to IRAs.


Form 5498 Demystified – Essential Tax Information for Retirement

Our in-house tax guru, Taylor Wolverton, CFP®, EA, sat down with us on this week’s podcast to help explain the ins and outs of Form 5498. Just a few days ago, a client sent us an email they received from Schwab saying, “important tax information.”  The email said that Form 5498 was available for him to download. Our client was concerned because he had already filed his 2023 tax return and didn’t know why he was receiving this form or what implications it had.  He asked us what he needed to do. That prompted us to…