Bear Mountain Capital Inc.

Are You Close to Turning 65? Have You Applied for Medicare?

| April 10, 2019

Are you close to turning 65? Did you just turn 65? If the answer is yes to either of those questions, and you haven’t considered your requirement to sign-up for Medicare, you could be in for some pain later. Unless you are covered by an employer plan at the time you turn 65, it’s important to realize you are required to enroll in Medicare. Or else… There is a 7…

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Uncommon Employee Benefits: Flexible Spending Account

| April 9, 2019

When someone starts a new job, there is generally an onboarding process. Part of this process usually includes enrolling in employee benefits such as medical plans, insurance plans, and retirement benefits. Most of us are familiar with the benefits of 401(k)s, and some of us are familiar with the ins-and-outs of health savings accounts or HSAs (if you’re not, see a refresher here). Increasingly, companies are beginning to offer another…

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New 2019 Contribution Limits!

| January 4, 2019

If you contribute to a retirement account, then you should be interested to know that the IRS has increased the contribution limits for 2019. You may also be interested in knowing any restrictions on your ability to contribute. Lastly, did you know that once you reach the age of 50 you are usually allowed to make an additional contribution? This is known as a catch-up contribution. Contribution Limits Account Type…

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Hey Alexa – What is a Market Correction?

| December 19, 2018

  It’s official. As of earlier this week, all three major indexes (Dow Jones, S&P 500 and Nasdaq) all ended in correction territory. What is a correction? A correction is when the stock market experiences a 10% drop from it’s highs. Is it notable? Yes. Should it be worrisome? No. Let me explain. Over the last 50 years, the S&P 500 has entered into a correction 29 times. That is…

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Update: The Trump Administration Relaxes Several Dodd-Frank Provisions

| June 29, 2018

As we discussed on this blog over a year ago, repeal of the Dodd-Frank Act was a significant plank in President Trump’s election platform. Dodd-Frank was Congress’s legislative response to the 2007-2008 financial crisis; it substantially restructured federal oversight of the banking industry with the intent to reduce the chances of another liquidity and credit crisis. While a complete repeal of Dodd Frank was never really in the cards (some…

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Buying Real Estate in Seattle? In San Francisco?

| June 8, 2018

  Our clients often ask us about real estate, and what we think about buying or selling a primary residence, a vacation home, or an investment property. This is hardly surprising—for many of our clients, their family home is by far their largest asset. What’s more, most of our clients live in either the Seattle or San Francisco areas, both of which have experienced extraordinary real estate appreciation in recent…

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What Does Tax Reform Mean To You and Your Portfolio?

| March 13, 2018

Congress and the President recently passed the biggest tax reform in over 30 years. The Tax Cuts and Jobs Act of 2017 aims to make the United States corporate tax rate more competitive and therefore increase corporate investment domestically. The bill also provides for individual tax breaks beginning in 2018, that will expire at the end of 2025. What Does This Mean For My Portfolio? Corporations will now be taxed…

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Should Corporations Have a Conscience?

| March 12, 2018

  For decades, it has been conventional wisdom in American business that the one proper objective of corporate managers is to increase the company’s share price. That is the principal behind stock options, which tie compensation to share price. Other considerations, such as worker satisfaction, civic engagement, or environmental impact, have been perceived as irrelevant, except to the extent that they bear on profitability, and thus on share price. The…

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Why Is The Dollar In a Free Fall Against the Euro and the Pound?

| February 12, 2018

Every now and again, we get questions from clients that we think we should share. In this post, we respond to the question in the subject line: why is the dollar in a free fall against the euro and the pound? To be sure, the US dollar is currently not in a “free-fall”. However, it is fair to ask what is behind last years drop in value of the US…

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Is a Backdoor Roth IRA a Good Strategy for Me?

| December 8, 2017

  Many people are aware of the benefits of a Roth IRA: you put your after-tax money into it, after 20 or 30 years when you retire, you pull all of the money out tax-free.  This can be a big benefit when you consider the effect of compounding returns over time. There are other benefits such as that you may be in a lower tax bracket when you pay taxes…

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