by sochafinancial | Jan 4, 2023 | Educational
The age at which individuals begin taking required minimum distributions (RMDs) increased to 73 from 72 on January 1, 2023. If you turned 72 in 2022 or earlier, you must continue taking RMDs as scheduled. If you are turning 72 in 2023 and have already scheduled your...
by sochafinancial | Nov 30, 2022 | Educational
If your retirement planning includes funding a traditional IRA (or 401[k]), congratulations. You’re reducing your bill to Uncle Sam in every year you contribute. Great! Right? Maybe not so great. The flip side of traditional IRAs is that a withdrawal is a taxable...
by sochafinancial | Oct 4, 2022 | SFG
Spreading awareness to all our loved ones on the importance of self-exams, checkups and screenings can make the difference. Early detection matters! In honor of breast cancer awareness month, we are running a basket raffle through October 31st. All proceeds, which...
by sochafinancial | Sep 22, 2022 | Educational
It’s easy to get a bit mixed up by the many parts and features of Medicare. This lets you see, at a glance, the major coverage options, called parts, and some of their more significant aspects. Use it to help you think about what level and combination of coverage...
by sochafinancial | Sep 2, 2022 | Sponsorships
We were honored to sponsor the 19th Annual Corning Incorporated Golf Tournament in support of the United Way of the Southern Tier. Held over two days at the Corning Country Club (July 8 & 11). $100,000 was raised to support programs for children, senior citizens...
