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While the CARES Act eliminated the requirement for individuals to take required minimum distributions (RMDs) from retirement plans in 2020, those who took their RMD before the Act’s passage found themselves in a sort of limbo solely due to timing.  According to existing rules, only those who took a distribution on or after February 1, 2020 could roll the distribution back into a plan or IRA and meet the 60 day rule.  Those who took

Join SYM principals and financial advisors Seth Whicker and Rick Harrison as they discuss what makes financial planning for the healthcare professional unique. From student loan debt to ballooning earnings to practice ownership, Rick and Seth explain how to look for and secure a truly trusted financial advisor.

Carmel Monthly, May 2020

When your employer’s stock accounts for a large portion of your net worth, there are reasons to consider taking some gains. Emotionally, most people struggle to effectively exit a winning position, but doing so is extremely important for capturing reasonable upside while mitigating downside risk. There are many reasons why a single company’s stock price can drop precipitously, even for respected and successful firms. In the unlikely case this would happen to your favorite stock