Articles From Lumsden McCormick Financial Services

The Internal Revenue Service (IRS) has released new limits for certain retirement accounts for the coming year.

In the final days of 2022, Congress passed the SECURE Act 2.0, a new set of rules designed to help investors who wanted to contribute to retirement plans.

Yes, you might be able to create a Roth individual retirement account (IRA) if you’re over the income limit.

As a business owner, you've invested time, effort, and resources into building your successful company. But have you given much thought to business succession planning?

With the holiday season in full swing, we wanted to take a moment to extend heartfelt gratitude for your continued trust and partnership. Best wishes for a holiday season abundant with laughter, happiness, and prosperity in the New Year!

When it comes to managing your finances, even small decisions can make a big difference.

A well-planned, tax-efficient retirement withdrawal strategy can help you make the most of your assets and set the stage for a fulfilling, confident retirement.

By understanding and applying tax-efficient withdrawal strategies, you can potentially reduce your tax burden and make your hard-earned savings last longer.

In this article, we'll explore five tax-efficient investment strategies for high-net-worth individuals that can help you make the most of your portfolio.

As you build your legacy, considering how to leverage your charitable contributions can be a fulfilling endeavor.