Happy Veterans Day

Posted by Mike Shell on November 10, 2011

 

Memorial Day.bmp

Click picture above or click this link: http://www.jensensutta.com/slideshows/RTB/

To learn more about Veterans Day, click HERE.

Semper Fi

 

IRS Announces Pension Plan Limitations for 2012

Posted by Mike Shell on November 08, 2011

The Internal Revenue Service has announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2012. In general, many of the pension plan limitations will change for 2012 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, other limitations will remain unchanged.

Highlights include:

  • The elective deferral (contribution) limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased from $16,500 to $17,000.
  • The catch-up contribution limit for those aged 50 and over remains unchanged at $5,500.
  • The deduction for taxpayers making contributions to a traditional IRA is phased out for singles and heads of household who are covered by a workplace retirement plan and have modified adjusted gross incomes (AGI) between $58,000 and $68,000, up from $56,000 and $66,000 in 2011.  For married couples filing jointly, in which the spouse who makes the IRA contribution is covered by a workplace retirement plan, the income phase-out range is $92,000 to $112,000, up from $90,000 to $110,000.  For an IRA contributor who is not covered by a workplace retirement plan and is married to someone who is covered, the deduction is phased out if the couple’s income is between $173,000 and $183,000, up from $169,000 and $179,000.
  • The AGI phase-out range for taxpayers making contributions to a Roth IRA is $173,000 to $183,000 for married couples filing jointly, up from $169,000 to $179,000 in 2011.  For singles and heads of household, the income phase-out range is $110,000 to $125,000, up from $107,000 to $122,000.  For a married individual filing a separate return who is covered by a retirement plan at work, the phase-out range remains $0 to $10,000.
  • The AGI limit for the saver’s credit (also known as the retirement savings contributions credit) for low-and moderate-income workers is $57,500 for married couples filing jointly, up from $56,500 in 2011; $43,125 for heads of household, up from $42,375; and $28,750 for married individuals filing separately and for singles, up from $28,250.

For full details on the pension plan limitations for 2012, visit http://www.irs.gov/newsroom/article/0,,id=248482,00.html.

Signing up for email updates

Posted by Mike Shell on June 28, 2011

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Shell Capital Management Now Available on Schwab Managed Account Platform

Posted by Mike Shell on July 29, 2010
We are pleased to announce that the Asymmetry Investment Program® managed by Shell Capital Management, LLC is now on the Charles Schwab Institutional separate managed account platform. Schwab Managed Account Marketplace® is offered exclusively through Schwab Institutional, and is Schwab's most flexible managed account service. The Schwab Managed Account Marketplace® managed account platform allows investment advisors who custody their accounts with Schwab to negotiate fees and contractual agreements directly with Shell Capital and choose from either transaction- or asset-based pricing for Schwab's brokerage and custody services.
 
The Asymmetry Investment Program® is available though the Schwab managed account platform via a direct agreement between the investment advisory firm and Shell Capital Management, LLC. Investment advisors that custody with Schwab who are interested in the Asymmetry Investment Program should contact Shell Capital by clicking here. The Asymmetry Investment Program® is also available through the Shell Capital's Turn-Key Asset Management program, Asymmetry Capital Partners, at Trust Company of America.