Hi all – with the holidays in full swing, I continue to be reminded of how much we have to be grateful for now and into 2023. It has been a year of growth for myself and Certus Wealth Management, from Ivan officially joining our family and starting college, to Certus launching our own RIA, and everything in between. As we look toward 2023, Certus continues to grow – I am seeking a like-minded advisor to join my practice. He or she will partner with me in providing the high quality experience that our clients deserve.
Through this season and always, I am touched, humbled, and incredibly thankful for your partnership, and the opportunity to help you achieve your financial dreams. I hope that you are able to spend time and make memories with those you hold dear. Happy holidays and happy New Year to you and yours. Thank you for being a part of the Certus Wealth Management family.
Yours truly,
Market Insights: Preparing for 2023
A few key items are changing moving into 2023. I look forward to discussing these changes in our upcoming client meetings to ensure we take advantage of all opportunities available to you:
401(k): The 401(k) and 403(b) employee contribution limit for those under 50 is increasing from $20,500 to $22,500. The catch-up contribution limit (for those over age 50) is increasing from $6,500 to $7,500 (meaning that individuals age 50 and older have a total deferral increase from $27,000 to $30,000). Make sure to double check your deferral rate to take advantage of the increased amounts.
Social Security: The 2023 cost-of-living adjustment (COLA) is 8.7%, meaning the average monthly benefit will rise by more than $140/month.
Medicare: Medicare is lowering its premiums by about 3% for its Medicare Part B plan, and decreasing the annual deductible by $7.
Custodial Statements Now Available in the Orion Platform
Going forward, custodial statements are accessible via the Orion platform. Simply navigate to the Client Login page of our website, where you’ll find a link to the Orion platform. Once logged in, navigate to Document Vault > Custodial Statements. If you haven’t yet logged in, please contact us to obtain your login credentials.
Reminder: Certus Wealth Management Mobile App
The free Certus Wealth Management app is available for download through the App Store and Google Play. In order to obtain your login credentials, you may need to request access by emailing info@certuswealthmanagement.com. The app is a convenient and easy way to access your portfolio information, dating back to when we began working together at Certus Wealth Management. Note that you can adjust your settings through the app to enable biometric access (i.e. Face ID on Apple devices and Face Recognition on Android).
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Financial Advice is offered through Certus Wealth Management LLC, a Registered Investment Adviser. “This message and any attachments are solely for the intended recipient and may contain confidential or privileged information If you are not the intended recipient, any disclosure, copying, use, or distribution of the information included in this message and any attachments is prohibited. If you have received this communication in error, please notify us by reply email and immediately and permanently delete this message and any attachments. Thank you.”
Certus Wealth Management, 1025 Alameda de las Pulgas, Ste. 102, Belmont, CA 94002, (650) 232-2023
