Investing in your life


 

Maximize your IRA contributions to take advantage of tax benefits

With tax season approaching, now is a good time to review your traditional or Roth IRA contributions before you file your taxes. You can make your 2023 contributions until April 15, 2024, and you may lower your tax bill. The limits are $6,500 or $7,500 if you’re 50 or older.

By maxing out your IRA contributions before the April tax deadline, you can give your money more time to deliver tax-deferred, compounded growth. Over time, that can potentially add up. Contact us to discuss the possibility of maximizing your 2023 traditional and Roth IRA contributions before April 15, 2024.

Tax mailing dates

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 2024.

Tax reporting document Approximate availability date
Form 1099-R January 31, 2024
Fair Market Value Statement January 31 2024
1099 Tax Information Summary February 15, 2024
Income Summary (FYI Statement) February 29. 2024
REMIC Tax Information Summary March 15, 2024
1042-S April 1, 2024
Revised 1099 Tax Information Summary
(tax year 2023 - revision 1)
On or about March 15, 2024
Revised 1099 Tax Information Summary
(tax year 2023 - revision 2)
On or about April 5, 2024
5498 June 1, 2024
Revised 1099 Tax Information Summary
(tax years 2020 – 2023)
Monthly, beginning May 2024

Proud to work with a nationally recognized teammate

At The Winslow Group, we are very proud that Financial Advisor Susan Hovanec was named a Forbes Top Women Wealth Advisor Best in State in 2020, 2021, 2022, 2023, and 2024, a Forbes Best-in-State Top Wealth Advisor in 2021, 2022 and 2023 and an Advisor Hub - Advisor to Watch in 2022 and 2023. It’s an honor to have a teammate nationally recognized as one of the best in the industry—because it means we are serving our clients well. Congratulations, Susan!

Susan Hovanec inducted into the Baltimore Community Foundation's Professional Advisor Recognition Society

Recognized for her dedication to the Baltimore community,  Susan was inducted into the Baltimore Community Foundation's Professional Advisor Recognition Society in 2023.  For 50 years, BCF has connected those who are passionate about Baltimore and purposeful in their philanthropy.  Susan has been involved with he organization for several years and a strong supporter of their great work.

Susan Hovanec named to Women's Association of Financial Advisors (WAFA) Board

Susan serves on the board of the Women’s Association of Financial Advisors (WAFA) and Co-Chair of the WAFA Annual Confrence held November 14-16th in Minnieapolis.  The theme of this year's confrence is "Fearless Leadership".

 WAFA is part of RBC’s long time commitment to inclusion and diversity. It supports women advisors and branch directors at RBC by providing them the tools and resources to succeed. Susan was selected to serve on this board with 12 other advisors from across the country. This year, she is a liaison to the WAFA Mentoring Circle guiding newer advisors in their career paths at RBC.

 

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Want to feel more financially prepared for the future? Contact me to explore financial empowerment tools we have for all ages, including “Money matters for young professionals.” https://www.rbcwealthmanagement.com/assets/wp-content/uploads/documents/wealth-insights-money-matters-for-young-professionals.pdf

Thank you to everyone who came to our first investment seminar this weekend in Hunt Valley, Maryland! We cannot wait to see you all at the next event for a deeper dive into financial knowledge and education. Details to come! P.S. Not only does my Investment Assiociate, Cari Neitzey, helped to put on an excellent event, she also makes incredible Charcuterie Boards!

So thrilled that my team and I have been recognized for our service to our clients in 2024. We are so pleased to make the Forbes Top Women Wealth Advisors Best-In-State. And thank you to our wonderful clients for making this work so fun. #RBC #WomenofRBC

Let's take the next step together

We welcome you to experience the RBC Wealth Management difference yourself. Contact us today to set up a meeting.

The Winslow Group

The Winslow Group team image

Join us for upcoming events

We are fortunate to host educational seminars and events for our clients and the community exploring a variety of topics. Our events provide an opportunity to expand your knowledge and engage with us as you learn more about a specific topic. Past and upcoming events are posted on our events page here. Please contact us for more information regarding a specific seminar or event.

image of Susan Hovanec

Susan M. Hovanec, AEP®, CFP®

Managing Director - Financial Advisor, Senior Portfolio Manager - Portfolio Focus

image of Steven Whittaker

Steven Whittaker, CFP®

Associate Vice President, Senior Financial Associate

image of Cari Neitzey

Cari Neitzey, APP

Investment Associate

Proud to be an official partner of Major League Soccer in the United States

Feel the excitement in the air as we celebrate the kick-off of another Major League Soccer season! Are you ready to raise your scarves up?

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