January 1st, 2020 brought a new year and new retirement legislation, with the passage of the SECURE Act (details here).  As always, we would be glad to discuss how this may impact your retirement plans, your business, and your estate.

Retirement income used to be a three-legged stool, made up of Social Security, Employer Pension Plans, and Personal Savings Accounts. As Social Security adapts to more retirees and fewer contributors, and many employers are pulling away from offering traditional pension plans, personal savings accounts are becoming more prevalent. The Individual Retirement Account (IRA) was introduced in 1974 to allow for tax-deferred individual retirement savings; then, thirty-three years later (in 1997), the Roth IRA came on scene, and has been utilized as a savings vehicle for many retirement planning strategies, especially among Gen-X and Millennials. 

Saving for retirement need not just be for adults, however: Minor children can open and contribute to Roth IRAs, as long as they have earned income. Do you have a child, grandchild, (great)niece/nephew, cousin, or friend who could benefit from utilizing a Roth IRA? Read this article, then contact us to learn how contributing to a Roth IRA from a young age may help a child you know plan for retirement down the road.

Discussions about finance, health, and end-of-life care are rarely easy. As our loved ones age, the importance of such conversations becomes more apparent, but that doesn't necessarily make the subjects easier to broach. How do you bring up these and other challenging topics with your aging loved ones? This brochure gives helpful tips. If you or your loved ones need assistance planning for financial succession, please reach out to us at info@claruswealthatplumcreek.com - we would welcome the opportunity to meet with you. 

With college costs at historic levels, how can you help prevent your child or grandchild from being weighed down with student debt upon graduation? This article by John Hancock may provide a starting point. Want to continue the conversation? Give us a call at 720-510-1199; we'd love the opportunity to discuss how the right plan can help steer your student down the path of financial freedom.

In a world which seems to change with each social media post, you can rest assured in our systematic process, aimed at helping you achieve financial success. To learn more about how we are working to assist you, our valued client, with your short-term and long-term financial goals, watch the short video below.

Clarus Wealth at Plum Creek's advisor, Karine Beard, was recently announced as a Five Star Top Wealth Manager in ColoradoBiz, 5280 Magazine, and Phoenix Magazine for the 6th year in a row! Congratulations, Karine!

Many estate plans include a program of making lifetime gifts. So, is it sometimes better to distribute assets this way, rather than bequeath them in a will or trust?

Click HERE to learn more!

For many small business owners, the sale of their company is the foundation of their retirement plan. Learn how the right business succession plan can help you secure your retirement.

  We know how important finances are to your life so we're here to walk with you every step of the way. Watch this short video to see how your life planning journey begins:

Any small business should review their structure considering the implications of the 2017 Tax Cuts and Jobs Act (TCJA). 

Here is an article to assist you in formulating questions for your tax, and legal advisor.