Insights from Encore
The content included here is meant for general use only; it is not to be considered advice.
New I.R.S. Contribution Limits
The I.R.S. just increased the annual contribution limits on IRAs, 401(k)s, and other widely used retirement plan accounts for 2020. Here’s a quick look at the changes. -Next year, you can put up to $6,000 in any type of IRA. The limit is $7,000 if you will be 50 or...
2020 The Marketplace Circle of Champions Program
January 22, 2020 Cheboygan, MI – Linda Moline, Roger Gaynor, and Ian Bancroft have been recognized for their hard work and expertise in helping consumers enroll in and manage qualified health coverage through the Health Insurance Marketplace. This achievement from the...
Monthly Economic Update January 2020
THE MONTH IN BRIEF Stocks rallied in December, closing out a decidedly positive year on Wall Street. The S&P 500 added another 2.86% last month, rising 28.88% for 2019. What helped the market? The trade dispute between the U.S. and China cooled a bit, as both...
2019 IRA Deadlines Are Approaching Here is what you need to know.
2019 IRA Deadlines Are Approaching Here is what you need to know. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 1, 2020, is the deadline to take your Required Minimum Distribution (RMD) from...
Monthly Economic Update December 2019
Sign up below to get updates sent to your inbox! In this month’s recap: stocks stay in rally mode, helped by hints that the U.S. and China may be closing in on a phase-one trade deal; hiring bounces back; key real estate indicators look stronger. THE MONTH IN BRIEF...
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McLaren Northern Michigan has a critical need for medical-grade (nitrile) gloves. If you have unused medical grade gloves that you could donate, please call the McLaren Northern Michigan Foundation at 231-487-3500McLaren Northern Michigan has a critical need for medical-grade (nitrile) gloves. If you have unused medical grade gloves that you could donate, please call the McLaren Northern Michigan Foundation at 231-487-3500.
If you're like most of us, you are suddenly faced with the task of homeschooling or at the very least, keeping your kids busy. CNN Health has some great tips for parents during this difficult time cnn.it/38ZX8KY
How 'regular school' parents can homeschool their kids
cnn.it
School closures due to the COVID-19 outbreak mean millions of parents and guardians who have grown accustomed to sending their children to traditional school are trying to homeschool.CNBC reports that the tax deadline has moved to July 15 for both filing and payments cnb.cx/33Kc4fv
For questions or assistance, please feel free to call us. Our agents are still working virtually and can take your calls or host an online meeting. 877.6ENCORE
Essence discusses how we can support older family members and neighbors during the COVID-19 pandemic. A good read. bit.ly/2J8hrLP
For the safety of our staff, agents, and clients we have decided to close our offices for the time being. You can still speak to any of our agents over the phone or arrange video chat meetings. Stay healthy, stay safe, stay home. We'll all get through this together!
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At Encore Financial Group, we are dedicated to helping members of our community achieve and maintain financial independence. We do this via a holistic approach to reducing risk, offering protection services and potential growth opportunities for our clients who love their family and are serious about their money.
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