Tag - Financial Advisors

26Jan

Be Prepared to Take Beneficiary IRA Distributions in 2023

In 2019, The SECURE Act changed the rules concerning the distributions from pre-tax Individual Retirement Accounts (IRAs) inherited through beneficiary designation (a so-called “Beneficiary IRA”). As with many such changes to the tax rules, this new rule took time to dissect and fill in “best guesses” for how the new law functioned where the statutory language was perhaps ambiguous.  It also took time for regulatory agencies like the IRS to weigh in on their interpretation of the rule. Fast forwarding...

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05Oct

How to Avoid the Death Tax

As Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” Taxes come in a wide variety of flavors (e.g., income taxes, property taxes, sales taxes, and gift taxes). But, perhaps one of the most misunderstood taxes is colloquially called the “death tax” – more appropriately called the “Estate Tax.” Critics call out the inherent unfairness of a tax that appears to tax assets that have already been taxed at least once...

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26Oct

MATTHEW RIESENWEBER RECOGNIZED BY FORBES AS TOP NEXT-GEN ADVISOR

Matthew Riesenweber, CFP® October, 2021 - Matthew Riesenweber at Cornerstone Wealth Strategies in Kennewick, WA was recently named among 2021 Forbes Top Next-Gen Wealth Advisors. Advisors featured on the list are all under 40 and, according to Forbes, represent the future of the wealth management industry. “On behalf of LPL, I congratulate Matt for his dedication to supporting the comprehensive needs of his clients,” said Angela Xavier, LPL executive vice president, Independent Advisor Services. “Matt represents the next generation of advisors leading...

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15Jun

CORNERSTONE ADDS VETERAN FINANCIAL ADVISOR – JOEL OCKEY

Joel Ockey, Wealth Advisor In May 2020 Cornerstone Wealth Strategies, Inc., a full-service independent financial planning firm based in Kennewick, Washington, proudly announced the addition of Joel Ockey to its firm. Joel will be working with Cornerstone to provide clients with invaluable financial guidance as an experienced wealth advisor. Cornerstone currently offers clients within the Tri-Cities community a range of services to include retirement planning, financial planning, investment management, and estate planning. Cornerstone has developed a team approach to assisting clients by...

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23May

Cornerstone’s Third Annual Shred Fiesta 2019

The weather was beautiful, the food was deliciosa and the fun was had by all who attended our Third Annual Shred Fiesta. Over 100 people brought in almost 1,400 pounds of documents to be securely shredded on May 4th, 2019. Everyone enjoyed tacos, music, games, and good conversation.

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