Blog Investment & Financial News

When do I start my Required Minimum Distribution?

The Required Minimum Distribution (RMD) from an IRA or Employer-Sponsored retirement account began at age 70.5 for many years. It was then increased to age 72, then to age 73, and for some to age 75. So, the question remains for some; at what age will I start my Required Minimum Distribution? Below is a…

UPDATE: Washington State Long Term Care Payroll Tax

A new payroll tax set to begin in 2022 to help fund Long Term Care for Washington residents was delayed 18 months. The WA Cares Fund is intended to provide some Long-Term Care benefits to residents and is funded by a .58% payroll tax. It is now set to begin in July 2023. Exemptions Workers…

Introducing our Kirkland Office!

We are excited to announce that we have joined the Kirkland, WA community! Our new office is located at 826 6th St. S, Suite 100, Kirkland, WA  98033 (by Google). Our Seattle office at Boeing field is closed. An advisor will be in our Kirkland office every week to meet with clients. We are also accepting…

Charles Schwab and TD Ameritrade Update

As you may already know, Charles Schwab purchased TD Ameritrade in 2019. If your accounts are with TD Ameritrade, they will transition to Charles Schwab over Labor Day Weekend 2023. On or about Tuesday September 5, 2023, Charles Schwab will become the custodian of your accounts. Leonard Rickey Investment Advisors’ role will stay the same.…

Debt Ceiling: Should Investors Worry?

The U.S. debt limit – commonly called the debt ceiling – is the total amount of money that the U.S. government is authorized to borrow. When the debt limit is reached, the government can no longer borrow money to cover its obligations. Congress has raised or suspended the debt ceiling over one hundred times since…

2023 1st Quarter Investment Commentary

Stocks, as measured by the S&P 500, rose for the second quarter in a row but remain in a year-long trading range. The second largest bank failure in U.S. history quickly changed bond yields. Markets were priced for interest rate cuts by the end of 2023. The dramatic change in interest rate expectations caused a…

Welcome, Glenn!

  All of us at Leonard Rickey Investment Advisors want to welcome and introduce our newest team member, Glenn McKee! Glenn started working at Leonard Rickey Investment Advisors in April. You will find him at our Yakima office working alongside Matt in investment analysis and trading. Glenn recently graduated from Central Washington University with a…

Form 5498

If you made a contribution to an individual retirement account (IRA) in 2022, you will receive a Form 5498 in May 2023. By this time, you have likely already filed your taxes and reported any IRA contributions. You should keep the Form 5498 with your tax records. It is a copy of the form from…

Company News

Employee Spotlight: Dirk Bernd

Congratulations, Gunnar!

Employee Spotlight: Susan Van Tress

Employee Spotlight: Molly Hoff

Introducing our Kirkland Office!

Market Commentary

2023 2nd Quarter Investment Commentary

Debt Ceiling: Should Investors Worry?

2023 1st Quarter Investment Commentary

Market Update: February 2023

2022 4th Quarter Investment Commentary

Retirement Planning

The 4 Changes from SECURE Act 2.0 You Should Know for 2023

Medicare Open Enrollment for 2023 Begins October 15th

Social Security Benefit Increase of 8.7% for 2023

The Huge Cost of Doing Nothing

Student Loan Update

Tax Planning

When do I start my Required Minimum Distribution?

UPDATE: Washington State Long Term Care Payroll Tax

Form 5498

Reminder as you Prepare your 2022 Taxes

2022 1099 Release Information

Cyber Security

Cybersecurity 101 – 2022 Update

Cybersecurity 101

New Changes to Web-Portal Password Requirements

Equifax Data Breach Update: Make a claim today

Cybersecurity 101