Dear WSP Family & Friends,
As we approach the finish line of the third quarter, volatility continues. For many months now, we’ve said we expect improvement by the end of the year. However, volatility is here to stay, at least in the short-term, and patience during this time will be rewarded.
Fortunately, this is not our first dance with volatility and down markets. Every time we’ve faced similar circumstances, not only did we recover, but market indexes reached new highs. Stay patient, and get in touch with our team if you have questions.
Reply to this email or give our office a call if you would like to discuss your portfolio or have any questions regarding the market.
Paul C. Allen
CFP®, MS | President
Let our team help you navigate Medicare open enrollment
Medicare open enrollment begins October 15th through December 7th! Choosing a Medicare plan can be complex and varies based on each person’s unique situation. Our team can help you navigate these important decisions. Raymond James has a close relationship with ClearMatch. Through ClearMatch, you have complimentary and unlimited access to licensed agents who will compare different options specific to your needs and circumstances.
Contact Heather Beckwith today at firstname.lastname@example.org to arrange a call with a Medicare agent and learn more about how we make the planning process as easy as possible for you.
Have you taken your required minimum distribution (RMD) this year?
If you are 72 or older, don’t forget to take your 2022 required minimum distribution (RMD) from your Individual Retirement Arrangement (IRA) by December 31! Remember, the distribution taken from your IRA is taxed as current income. If you don’t need the money, consider donating the RMD to a qualified charity. This will allow you to receive a deduction that can offset the RMD’s tax liability.
If you need assistance or would like to discuss your 2022 RMD, please reply to this email or call our office today.
ICYMI: Business Observer: 4 lessons on managing rapid growth
Did you see WSP’s president, Paul Allen, CFP, MS, featured in the Business Observer? In a recent issue, he shared 4 lessons he has learned about managing rapid growth — without sacrificing client experience.
Get to know Julia Hoskins: Client Services Manager, super mom, and foodie!
This month, we are spotlighting Client Services Manager Julia Hoskins! With years of experience in customer service and office administration, Julia plays a critical role in maintaining our high level of service by providing operational and administrative support.
She acts as a key liaison between our clients and team, making sure all needs are met in each area of client service, including branch administration and client communications.
Julia is a Knoxville native and graduated from Middle Tennessee State University. Outside of WSP, she enjoys exploring the local food scene, walking her two German Shepherds, and traveling.