Great Oak Wealth Management

NEW BLOG POST! Check out our newest blog to learn more about the possibility of converting your term life insurance. In our newest blog, "Is converting your term insurance the right answer?" we dive into when a conversion could make sense for you and what to consider! https://www.greatoakadvisors.com/converting-term/

We're all busy, with too many things to do and not enough time to do them. That's why we offer virtual meetings. You can stay in your office or home, power up the computer and meet with us. No need to fight traffic. Zoom, Google Meet, GotoMeeting, whatever meeting tool you prefer. We don't even care if you're still in your pajamas. http://www.greatoakadvisors.com/contact/

On a few recent rainy evenings, Jim and his wife Kim put in some time to make sure their amphibian neighbors made it across the road safely! Check out Kim's recent interview! Nicely done! https://www.wfmz.com//article_c700318c-8873-11eb-9bbf-0733

Wondering about RMDs for 2021? RMDs were suspended in 2020 for all IRAs, 401(k)s, and similar retirement plans. The suspension was not carried forward to 2021. Suppose you turn 72 in 2021. You could wait to take the first RMD until April 1, 2022. But you’ll have to take your second RMD by December 31, 2022. That means you’d take two RMDs in 2022. Send us a message if you have questions about RMDs! https://www.forbes.com//what-you-need-to-know-about-requ/