
Second Quarter 2023
Market review
Summer home maintenance
What’s happening
Dear Friends,
Hope your 2022 is bringing peace and goodness your way. We wanted to send a reminder of things to note when you begin preparing your 2021 income tax return. Below you will find the following:
Please let us know if you have any questions or if you would like to fund any of your accounts before the deadlines.
Enjoying the journey with you,
The IFS Team
A QCD allows individuals who are 70½ years old or older to donate up to $100,000 total to one or more charities directly from a taxable IRA instead of taking their Required Minimum Distribution (RMD).
Contributions cannot exceed the lesser of: $58,000 or 25% of the employee’s compensation (net earnings if you’re self-employed).
The deadline for making a 2021 contribution is either April 15 or your tax-filing deadline if you’ve requested an extension.
Market review
Summer home maintenance
What’s happening
Market commentary
Schwab/TD Ameritrade merger
Contribution deadline
What’s happening
2022 market commentary
2023 perspectives to consider
Last year’s market predictions
RMD and contribution changes
Valentine date ideas
Encouragement in hard times
Market commentary
Markets in perspective
Be healthier and live longer
Pumpkin patches in Portland area