Welcome to the
MoneyAdvice@Work® Newsletter!
The MoneyAdvice@Work® Newsletter is a quarterly resource that brings
you industry insights, updates on upcoming education events, and an
independent perspective from your Francis Investment Counsel advisors.
Live Webinar: Why is Everyone Talking about Health Savings Accounts (HSAs)?
Join us for a look at how an HSA can score you a triple tax break, save you money on healthcare expenses, and help you save for retirement. This webinar will be broadcast live on Wednesday, April 5, 2023 at 12:00pm (CT) and 4:30pm (CT). Register today!
Catch-Up on the
Capital Markets
We all know that investing can be a wild ride. It’s difficult to keep track of everything that’s going on in the marketplace. Here’s your chance to catch up. Click here to review last quarter’s market headlines.
After a distraction-filled year, it’s time for a reset
Overall, 2022 was a miserable year for investors. In this article, Mike Francis reviews the challenges that we faced throughout the year and highlights what you can focus on now to strengthen your retirement plan going forward. Read the full article here.
What’s the new rule with Required Minimum Distributions (RMDs)?
RMDs are rules for when taxpayers with retirement plans or Individual Retirement Arrangements/Accounts (IRAs) must begin to take a minimum annual distribution from these accounts. These are rules that are enforced by the IRS, and they kick in at specific ages. The age when you are required to take your first RMD is based on your year of birth.
Have a question you’d like us to answer? Submit it here.
IN CASE YOU MISSED IT…
We get it – we know you’re busy. That’s why we created the Monthly Minute. These short articles bring you practical money tips that you can read fast. Here’s your chance to re-cap the past quarter’s Monthly Minutes.
October
Taking a Closer Look at Retirement Plan Fees
There are two types of fees in workplace retirement plans: administrative expenses and investment management fees. Your employer works hard to reduce fees and continually monitors them to make sure they remain competitive. Want to calculate the fees you pay? Click here to request a copy of your plan’s fee worksheet.
November
Higher Savings Limits for 2023
To keep pace with inflation, the Internal Revenue Service announced that savings limits will increase for 401(k), 403(b), IRAs, and HSAs in 2023. Click here to learn more.
December
Live Webinars: Master Your Money
Participate in our live, monthly webinar series to learn about a variety of money topics. All webinars begin at 12:00pm (CT) and 4:30pm (CT) and will be presented by our expert financial planners. Click here to register for upcoming webinars or to view previously recorded webinars you may have missed.
What is MoneyAdvice@Work®?
You work hard for your employer – and your employer is committed to you! That’s why they sponsor MoneyAdvice@Work®. This employee benefit ensures that you and your family receive the money help that you need, all from a conflict-free, sales free advisor – Francis Investment Counsel. They’re here to help you with personalized money advice. Click here to schedule a remote session.
Instant message your advisor and access over 400 courses, tools, news and events. Visit Google Play or the Apple App store to download the free app!
