Publications, Insights & News

What We're Reading

The team here at Woodside Wealth consists of avid readers with a particular interest in all things finance. When we see a good article, book, blog, or podcast we want to bring it to your attention. The following are some of our favorites – if they spark an idea or question please feel free to contact us.

Taking Advantage of New Contribution Maximums

Considering an additional $500 per year can become $47,000 in the long run, you may be excited about the new maximum contribution opportunity for 401Ks and IRAs.

Retirement Funding

Maine's Student Loan Benefit

In an attempt to attract and retain your professionals, Maine recently instituted a tax credit plan called the Opportunity Maine Tax Credit. The program provides tax credits for student loan payments made by young professionals and recent graduates who live and work in Maine.

College Planning

Exceptions to Penalties on Early Distributions from IRAs

The long wait to take distributions from your retirement plan(s) may end sooner than you think.

Retirement Funding Taxes

How Empty Nesters Can Improve Their Nest Egg

If you’ve neglected your retirement savings while raising your child(ren) you are not alone. Many parents push off or drastically reduce retirement savings in order to save for their child’s future or cover the extra expenses a child always brings.

Retirement Funding

Tax Repercussions in Student Debt Relief

In 2007, the Education Department enacted an attractive new way to repay student loans once out of college. This new plan is labeled “income-driven repayment plans.” These plans allow for the college graduate to automatically repay their loans each month using 10% of their discretionary income.

College Planning Taxes

General Electric Out, Walgreens In

There have been some interesting changes made to the Dow Jones Industrial Average recently. Once the most valued company in the United States, General Electric is being dropped from the thirty companies that make up the index.

Investment Market Insights