LIFESTYLE DRIVEN ADVICE
MARCH 2021

Hello,

We hope this message finds you well and that you are enjoying the start of spring weather. In this month's newsletter, we discuss the importance of personal data security, tax planning, and some common Medicare mistakes to avoid.

Additionally, we'll be hosting a must-see webinar on Property & Casualty Insurance with Howard Insurance on Thursday, April 8th and registration is currently open here.

As always, if you have any questions about the information shared in this newsletter, please don't hesitate to reach out to us.

Best,

Your team at XML Financial Group

Let’s Talk About Your Personal Information

XML's Chief Compliance Officer, Jennifer Szaro, outlines all the ways you can help to protect your personal information from a potential data breach. To find out more about how we treat your personal information, contact our team today.

From the Blog

Avoid These Common Medicare Mistakes

Find out the three most common Medicare mistakes

Taxes: An Important Factor In Your Retirement Income

Learn about the impact of taxes on retirement accounts

Upcoming Webinar

Property & Casualty Insurance with Howard Insurance

At XML Financial Group, managing risk is central to our work as comprehensive wealth advisors. As part of this commitment, we’ll be hosting a webinar on Thursday, April 8th focused on property and casualty insurance.

The event will be hosted by Sasha Chelekhov, XML Wealth Advisor, and feature Andrew Howard, President & CEO of Howard Insurance. For more than 20 years, Andrew has helped individuals and wealth advisors craft sophisticated risk management programs, and this will be your opportunity to hear directly from an industry veteran.

Click here to view our full webinar library

XML Team News Update

Michelle Shares Her Insights!

Michelle Cooper recently participated in a panel discussion for members of JWI's Young Women's Impact Network participating in the DC Financial Literacy cohort. She spoke to a group of women in their 20's and 30's about how to navigate finances during life's changes, such as getting married, purchasing a home, having children, and paying off student debt. Michelle discussed how to be prepared for the unexpected, such as the economic impact of the COVID-19 pandemic, emergency medical treatments, or losing a loved one. This session provided participants insight into how to make smart decisions to prepare for their financial future.

Brett Partners with University Startups to Help Underserved Youths

Brett Bernstein currently Chairs the board of So What Else, an organization dedicated to providing opportunities for underserved communities in the Baltimore-Washington area. Through So What Else, Brett had the opportunity to make an impact and he did so by partnering with University Startups to send disadvantaged youths on a social entrepreneurship summer program. To learn more about the program and what it entails, click here.

Important Reminders

• April 15 deadline for Roth IRA and IRA funding for 2020.
• The federal income tax filing due date for individuals for the 2020 tax year has been extended from April 15 to May 17.
• If you have kids who have earned income, they could consider a Roth IRA.
• Be on the lookout for multiple 1099 statements.
• Required Minimum Distribution (RMD) is back and the new starting age is 72.
• Please check out www.xmlfg.com/resources for the latest news, webinars, podcasts, articles, newsletters, etc.
• If you’d like to update your financial plan, talk to your XML Wealth Advisor.

This communication is for information and educational purposes only. This is not a recommendation for the sale or investment in any product or strategy nor should it be perceived as individual advice. Information presented has been prepared from sources believed to be reliable but is not guaranteed and does not represent all available data necessary for making investment decisions. Economic and market forecasts presented herein reflect a series of assumptions and judgments as of the date of this presentation and are subject to change without notice. Forecasts do not consider the specific investment objectives, restrictions, tax and financial situation or other needs of an individual. Actual data will vary and may not be reflected here. Accordingly, these forecasts should be viewed as merely representative of a broad range of possible outcomes. The opinion expressed by this individual is based on facts and circumstances known at this time, is subject to change and does not reflect the opinions of all financial professionals of XML.