Krause & Thorpe Wealth Management Team
Providing our clients with relevant information on timely content, investment topics and other interesting considerations is an important part of our practice. We invite you to explore the featured information on this page and contact us to discuss any of these topics in more detail.
With the NCAA® basketball tournaments upon us, you might be thinking about the colleges or universities the students in your life may someday attend. Check out the 2023 Tuition madness brackets, which feature the projected four-year tuition costs for each team in the tournament. Start saving for your education funding goals today.
Some new limitations will apply to retirement plans and other benefit plans in 2023 as a result of cost-of-living adjustments made by the IRS and the Social Security Administration. Learn more about the limits for 2023.
With tax season upon us, you may be wondering when to expect your documents. Take a look at the chart below for an estimated mailing date and feel free to call us with any questions or to discuss what tax strategies we can implement to lower your taxable income in 2023.
Revised 1099 Tax Information Summary
(tax year 2020 - revision 1)
Today’s young professionals face many challenges when it comes to building wealth. Download our new guide on money matters for young professionals. It’s designed to help young adults master the fundamentals of saving and investing, with insights into how to control debt, build a wealth plan and prepare for a more secure tomorrow.
Be prepared for many of your financing needs by opening an RBC Credit Access Line. With no cost to set up, no ongoing fees, competitive interest rates and favorable terms, it may be a practical tool to help accomplish your immediate and long-term goals. Contact us today to explore this potentially untapped source of opportunity.
Social Security can be an important part of your retirement income stream. The decision about when to begin taking the benefits you have earned may have important consequences. Start them early and your monthly income will be lower than if you wait until your full retirement age. Delay them and your monthly “paycheck” will be larger. Please contact us for help determining when it may be appropriate for you to start taking social security benefits and to explore strategies for maximizing benefits for married couples.
We’ve been told we manage money differently than others—a much more personal connection with our clients and their hopes, dreams, concerns, and unique interests. We’ve seen a rise of interest and participation in philanthropic strategy over the past 5 years, much of it driven by the wealth created in the technology sector. A real philanthropic strategy is so accessible to younger investors now, not just the retired. We enjoy helping our clients identify areas of interest and working with them to make an impact with their giving—and in a more tax efficient way for them.
If you see a topic here that you would like to discuss, please feel free to contact us anytime. We would value the opportunity to speak with you and answer any questions you may have.
Contact us >
The expected recession from an investment perspective. Read the full economic outlook in the latest Global Insight 2023 outlook.
If we think you may be a victim of fraud, we will contact you. Fast action can help resolve issues quickly. A trusted contact person is someone you authorize us to contact in limited circumstances, such as if we're unable to reach you and have concerns about activity in your account. This person should be someone you trust, such as a family member, friend or professional (such as your attorney). Your trusted contact person will not be an authorized party on your accounts and your account details will not be shared with them.
Connect with us today to add a trusted contact person to your account.
Distinguished by a long heritage of financial integrity and unwavering dedication to our clients, RBC has consistently earned high credit ratings.1
Additionally, RBC has a reputation of strength and stability with a high-quality balance sheet, proactive risk management and a strong liquidity position.
