We're nearing the end of the year, so we all know that means we'll be scrambling around trying to wrap up everything we've been working on and trying to spend time with family & friends all at the same time. We hope that everyone is able to take at least a little slice of the holiday season to relax and reflect on the past year.
In addition to the two "The Wealth Report" articles we're providing this month, we'd also like to take this opportunity to go over some end-of-year housekeeping notes.
The JDS Wealth Management office will be closed Saturday December 22nd through Tuesday January 1st.
We will still be available intermittently via email during this time. We will be returning to normal business hours on Wednesday January 2nd.
Due to year-end volume at our carriers and custodians, we request that any requests for distributions or contract/account service that need to be taken care of before the end of the year be submitted to us
no later than 12:00pm on Friday December 14th. This should allow for adequate processing time to ensure meeting the year-end deadline. This is especially important for Required Minimum Distribution requests, as those are coded for the tax year in which they are actually processed and IRS penalties may apply if they are not processed on time. Our carriers do their best to process all requests in a timely manner, but heavily increased volume in December does slow them down. Please take this into consideration and get in touch with us as soon as possible to handle any necessary year-end account maintenance.
If there is anything we can assist you with, then just let us know.
And, as always, remember -
The purpose of the money dictates where you put it.