Articles

Sacramento Bee, May 13, 2013 Kimberly Foss, CFP, president of Empyrion Wealth Management, weighs in on ways to invest an annual IRA withdrawal in the Sacramento Bee’s “Ask the Experts” column. Foss notes that there are several options for a retiree to invest funds from an IRA, suggesting a short- term, high quality bond fund for a low-risk investment, or something similar to a public utility fund for a higher-risk investment.

U.S. News & World Report, May 6, 2013 Emily Brandon of U.S. News & World Report quotes Kimberly Foss, CFP, president of Empyrion Wealth Management, in an article discussing important deadlines for people planning for retirement. Missing the required minimum distribution or failing to withdraw the correct amount can result in a steep tax penalty, Foss warns. She notes that it is a good idea to deposit money into an IRA by April 15 in order to get a tax deduction on the year before. “You’re helping yourself in the short term, and it’s for your own benefit down the road.”