Foster Group - Financial Planning Insights

Physicians: Debt vs Savings, Which Comes First?

Category: Financial Planning » Retirement Planning

By Ross Polking

08/24/2020

Young physicians often ask, “Should I focus more aggressively on paying down my debt, or should I just do the minimum and try to save as much as possible?” That’s an excellent question, with lots of variables and layers.

IRS Allows for Reversal of 2020 RMDs

Category: Financial Planning » Retirement Planning

By Zach Dalluge

08/03/2020

In late June, the IRS announced RMDs would be able to be reversed from any account requiring them through August 31st. Since the IRS is allowing this, it presents a potential tax planning opportunity.

You Bring Your Vision; We’ll Draw the Map

Category: Financial Planning » Retirement Planning

By Marcus Iwig

07/24/2020

At Foster Group, we work to capture the visions of our clients and their families, and then we create a roadmap to help them pursue those visions

A Doctors Guide to Financial Planning Through a Crisis

Category: Financial Planning » Retirement Planning

By Walt Mozdzer

07/14/2020

Financial planning is always challenging. Doctors already have a compressed career timeline and the recent global crisis just adds to the complexity.

Retirement Planning Through a Crisis

Category: Financial Planning » Retirement Planning

By Walt Mozdzer

06/25/2020

Walt Mozdzer, Lead Advisor, explains how decisions you make now can impact your retirement down the road.

Five Reasons to Consider a Roth IRA Conversion

Category: Financial Planning » Retirement Planning

By Andy Mullan

05/15/2020

The first four months of 2020 have proven to be unpredictable, volatile, and challenging. Despite recent market changes, there continue to be several planning opportunities that we are monitoring for our clients. One of these is Roth IRA conversions.

Who Is Your Team’s Financial General Manager

Category: Financial Planning » Retirement Planning » Beneficiary Planning

By Wade Den Hartog

04/30/2020

No matter what the circumstances, during the good and the difficult times, it is in our best interest to seek guidance on the most important aspects of our lives. Consider hiring a "General Manager" to help you with your finances.

Webinar Replay: Secure Act Q&A

Category: Financial Planning » Retirement Planning

By Kent Kramer

03/31/2020

Kent Kramer and Zach Dalluge answer some important questions about the Setting Every Community Up For Retirement Enhancement Act (SECURE Act) of 2019.

Med School Grads, Do These Three Things First

Category: Financial Planning » Retirement Planning

By Zach Dalluge

02/14/2020

As a recent medical school graduate, resident, or doctor early in your career, there are a few key things to consider for your financial well-being. The earlier you develop a strategy for these things, the greater the benefit.