MeansBlog

The rating agency Mainebiz published a list of Maine-based registered investment advisors ranked by assets under management as reported by each firm for dates between December 31, 2022 and January 31, 2023.  Means Wealth Management ranks number 5 on this list.  The rating does not guarantee future performance success. Means … Continued

You may have seen recent news regarding the collapse of Silicon Valley Bank (SVB). In light of this event, we wanted to provide you with some information regarding the event itself and provide some information regarding the protection you have embedded within the accounts you hold at Fidelity. Silicon Valley … Continued

On December 29, 2022, President Joe Biden signed into law the SECURE Act 2.0 (the 2.0 Act) as part of the $1.7 trillion, 4,155-page 2023 omnibus spending bill. The 2.0 Act is referred to as the “SECURE Act 2.0” because it builds off the original SECURE Act, which was passed … Continued

On December 29, 2022, Congress passed the Consolidated Appropriations Act, also known as the SECURE Act 2.0 (the 2.0 Act), which includes several changes that impact employers, employees, and workplace retirement plans in general. The 2.0 Act includes at least 90 changes to retirement plans, so we thought it would … Continued

Means Educational Seminar Offerings

By:  Jamie Stone, Chief Planning Officer “The best thing about the future is that it comes one day at a time.” —Abraham Lincoln As we begin a New Year, many of us have a desire to accomplish or do certain things during the year ahead. These “resolutions” can come fast … Continued

Check out our 2022/2023 Perspectives!

The end of the year is quickly approaching, which means it is a great time to think about your end of year tasks, including charitable giving. There are a number of strategies that can be employed to help you accomplish your charitable giving goals while also ensuring you are giving … Continued

There is a lot of fear in the stock market and the world right now. Since I started my career here in 2009, this is the most pessimistic I have seen clients, other advisors, economists and talking heads. No doubt, there are a lot of concerning things happening, so I … Continued

In August 2022, a new Maine law took effect: LD 290 “An Act To Stabilize Property Taxes for Individuals 65 Years of Age or Older Who Own a Homestead for at Least 10 Years,” also known as “The Property Tax Stabilization Program.” The goal of this program is to help … Continued

By: Jamie Stone, Chief Planning Officer “Do I have enough?” This is probably the most frequent question I’ve received from clients over my career. And my clients aren’t unique. This is a common, and probably the most frequent, concern people have with their financial plan, as illustrated in the chart … Continued