As has become usual practice, Congress passed some meaningful tax legislation as it recessed for the holidays. In one of the new meaningful laws, passed on December 19, you find the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act). The SECURE Act made many changes to how you save money for […]
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Client Parking Pass
Effective January 1, 2020, our new parking policy requires the use of a pass to park on the back lot of 139 N. Main Street. The parking designated for VISITORS ONLY does not require a parking pass, however, all other parking spaces require a pass. We provide the passes, at our front desk, or you may […]
2019 Halloween
This past Halloween we enjoyed dressing up as The Cat in The Hat (Carl) and the 360 Things (1, 2, 3, and 4). Here is some photo-proof that we can have fun.
i95 Business Highlights Carl Strozyk
i95 Business Highlights Carl Strozyk and 360 Financial Group as Harford County Business Leader As part of its August issue, i95 Business shined a spotlight on Harford County business leaders, and Carl Strozyk of 360 Financial Group is honored to be chosen.
Can I roll my traditional 401(k) account balance over to a Roth IRA?
Yes, you can make a direct, or 60-day rollover from a 401(k) plan [or other qualified plan, 403(b) plan, or governmental 457(b) plan] to a Roth IRA, as long as you meet certain requirements.* First, you must be entitled to a distribution from your plan. While you can always access your account when you terminate […]
What is a rollover IRA, and do I need one?
Generally, the term “rollover IRA” refers to an IRA that you establish to receive funds from an employer retirement plan like a 401(k). A rollover IRA is also sometimes referred to as a “conduit IRA.” When you roll funds over from an employer plan to an IRA, your financial institution may suggest that you use […]
The Health-Wealth Connection
It’s a vicious cycle: Money is one of the greatest causes of stress, prolonged stress can lead to serious health issues, and health issues often result in yet more financial struggles.¹ The clear connection between health and wealth is why it’s so important to develop and maintain lifelong plans to manage both. The big picture […]
Future of the Federal Estate Tax
1 2015 Field Guide to Estate Planning, Business Planning & Employee Benefits The federal estate tax has been enacted or repealed a number of times over the years while undergoing many changes. Tax reform, including possible repeal of the estate tax, is back in the spotlight once again. While no one can predict the future, […]
Don’t Let Rising Interest Rates Catch You by Surprise
You’ve probably heard the news that the Federal Reserve has been raising its benchmark federal funds rate. The Fed doesn’t directly control consumer interest rates, but changes to the federal funds rate (which is the rate banks use to lend funds to each other overnight within the Federal Reserve system) often affect consumer borrowing costs. […]
I’m thinking about buying a new home. Should I consider the risk of climate changes?
If you’re thinking about buying a home, you probably have a checklist of qualities you’re looking for as you shop around. But have you considered how environmental factors could affect your choice? In the event your dream home is in an area that could be affected by flooding or a storm surge, you’ll have some […]
