Harbor Wealth Management, Author at Harbor Wealth Management

Q2 2023 Harbor Wealth Management Newsletter

Harbor Wealth Management’s most recent newsletter is available here: Q2 2023 Newsletter This quarter’s articles: A User Guide to Orion Reports, The Impact of Diversity in the Workplace, and Retirement Readiness– An Interview with Carolyn Rice.

Retirement Questions? Ask a CRPC!

Ever wondered what a CRPC (Chartered Retirement Planning Counselor) is? Harbor sits down with our own Carolyn Rice, CRPC, to find out. Harbor Wealth Management: Hi Carolyn, thanks for being with us today. Can you tell us a little bit about your role here at Harbor Wealth Management? Carolyn Rice: I’m a Client Service…

What is a Roth Conversion?

What is a Roth Conversion? Are you concerned about paying taxes on your retirement accounts? Maybe you are concerned about required minimum distributions in retirement? Consider converting your traditional retirement account into a Roth IRA. While this option may not work for everyone, it could help you save big on taxes in retirement. …

A User Guide to Orion Reports

As we recently made the transition to Orion Advisor Solutions, we thought it would be helpful to provide a User Guide for the Portfolio Performance Reports that are provided periodically. The User Guide outlines and explains the sections throughout the report, detailing the different report components and definitions. Several of the topics covered within the…

The Impact of Diversity in the Workplace

Why is Diversity Important? Looking for a way to boost productivity, improve efficiency, and increase employee retention? Diversity & inclusion might be the answer. It’s more than an initiative. Time and time again, diversity has been shown to have a measurable impact on team performance. In a 2006 study, the impacts of racial diversity on…

Harbor Welcomes Trevor Tuthill!

Harbor Welcomes Trevor Tuthill! Please welcome Trevor Tuthill to the Harbor team as our newest Investment & Planning Analyst. Prior to joining Harbor Wealth Management, Trevor was an Analyst at ARQ Wealth Advisors where his responsibilities included trading, performance reporting, and investment research & analysis. Additionally, Trevor was an Analyst at Hall Capital Partners,…

Q1 Market Review: May Update

May Update Despite volatility along the way, markets gained so far for the year 2023. Markets rallied in January with hopes that the Fed would soon halt interest rate hikes. The Fed raised rates by 25 basis points in February and again in March, taking the federal funds rate to 4.75% – 5%. Data indicates…

Donating your Required Minimum Distribution: Quick Facts about QCD’s

Donating your Required Minimum Distribution: Quick Facts about QCD’s by Carolyn Rice If you are over the age of 70 1/2, own a traditional or inherited IRA and make donations to charitable organizations, you may wish to consider qualified charitable donations (QCD) from your IRA. A QCD is a gift made directly to a qualified…

Harbor Welcomes Matthew Hingst!

Harbor Welcomes Matthew Hingst! We are happy to announce that Matthew has joined Harbor Wealth Management as our new Investment & Planning Analyst. Before joining Harbor, Matthew worked across the brokerage and investing space at firms like Fidelity, Robinhood, and Morgan Stanley, helping clients with their investment needs through a variety of different roles.…