Consumer Sentiment Vs Market Returns
It’s safe to say that both, market prices and investor confidence have taken a hit since the start of the year. Heading into 2022, we had experienced three years of S&P 500 performance averaging over 20% annually- not to mention this was all while dealing with a global pandemic. Since then, the S&P 500 has […]
Bear Markets – What do they mean for investors in the long-term?
The most commonly accepted definition of a bear market is a 20% decline in value from the last market high. The S&P 500 has crept into bear market territory on and off so far in 2022, and it’s impossible to know for certain when things are going to turn around. However, when dealing with times […]
Inherited IRA Strategies Post-SECURE Act
Many people in the financial planning world referred to the SECURE Act as the “death of the stretch IRA” because of the new 10-year rule. The 10-year rule requires most non-spouse owners of inherited IRA’s to spend down the balance of their Inherited IRAs by the end of the 10th year. Beneficiaries may be forced […]
Build Back Better Act – Other Proposed Changes
Last week I wrote an article that dove into what the Build Back Better Act could mean for those currently using the Backdoor Roth IRA strategy. While that is a significant change that could be on the horizon, it is only one of many currently proposed in the several hundred-page plan. Shown below is a […]
Build Back Better Act – Backdoor Roths
The year-end process can be stressful for many investors and 2021 is no different in terms of having proposed changes to the federal tax code. The proposed Build Back Better Act is currently structured to limit those who can use the “Backdoor Roth” strategy and/or make Roth Conversions in general. We don’t know if this […]
Exelon Resources
As Rockbridge continues to grow, so does the number of client relationships we have with employees of Exelon, mainly at the nuclear plant in Oswego, NY. Through working with employees of Exelon, we have developed an expertise for providing advice on Exelon’s employee benefits. Discussed below are a few areas in which we’ve added value […]
Syracuse Orthopedic Specialists Resources
Rockbridge works with several physicians in the Syracuse area, and more specifically, physicians employed at Syracuse Orthopedic Specialists. Through these experiences, Rockbridge has become well-versed with the benefit programs offered by SOS. Discussed below are two areas in which we have been able to add value to our clients employed by SOS. 401(k) Investment Options […]
National Grid Resources
Rockbridge and National Grid are both strongly rooted in the Syracuse community. As a result, Rockbridge has a significant number of clients who are employees of National Grid. Through our experience helping current clients, we have developed a level of expertise with National Grid’s benefits program. Discussed below are a few areas in which we’ve […]
New faces at Rockbridge
We’d like to welcome to the firm our newest investment advisor, Zach DeBottis, as well as our two summer interns, Joel Farella and Hari Nanthakumar. Zach joined Rockbridge in a new capacity this past June, having worked for Rockbridge as an intern intermittently throughout his senior year of college at SUNY Geneseo. While working as […]