Welcome to Our Blog

We intend to be active in providing blogs on topics that are focused on helping people understand and deal with specific issues involving personal finances, including planning for the future, the nature and scope of financial services, and managing your portfolio in today’s market without losing sight of your future goals.

We believe there is a need for sound financial advice delivered in a timely manner from people you trust. The team at St. John and Associates has deep financial experience, and we are pleased to share that experience with you.

Greg, Bryan, guest writers and I will be posting things regularly that we hope you will find useful in your financial life. As always, feel free to contact us directly by phone or email with any questions.

Richard St. John, Founder

How 2018 Tax Law Changes Affect Charitable Gifting

by St. John & Assoc on Jul 6, 2018

Many taxpayers may not yet understand that the 2018 tax regulation changes include an increase in both the standard deduction amount to $24,000 for joint returns, and $12,000 for single returns. These amounts may exceed the amount of itemized deductions for most taxpayers, which can include their medical expenses, interest expenses, charitable contributions, and other taxes.

Dynamic Market Changes Mean Fundamental Difference in Investment Strategy

by St. John & Assoc on Jun 21, 2018

The investment conditions of the market are in the process of a major change, both in terms of risk character and the type of investments that are most likely to provide positive returns. While this market change has been coming for a few years, it appears to have become more evident and near-term based on the market’s volatility during 2018.  

2018 Tax Changes

by St. John & Assoc on May 10, 2018

Now that most of us have our 2017 tax returns behind us, focus is on to 2018. The Federal tax code was substantially changed for this year. You should be aware how it is likely to affect you and plan accordingly. The Tax Cut and Job Act of 2017 was made effective by a 50% majority vote (rather than 2/3%) of Congress and as such will expire in 2026 unless extended or ratified by a 2/3% vote by both houses of Congress. Here are the major changes involving individual returns:


by St. John & Assoc on Apr 18, 2018

For those of you who are approaching 65 or are already under Medicare, please know that Medicare is issuing new ID cards by replacing the social security number with an 11-digit code.  This will be referred to as MBI or Medicare Beneficiary Identifier.  These new cards will be coming to you via mail sometime between April 2018 and April 2019 and they don’t have a charge associated with them. 

529s Become More Flexible in 2018

by St. John & Assoc on Feb 20, 2018

There have been a number of changes brought to us by the 2018 Tax Law regulations. Some of them are not yet well known.

One of these changes is the increase in the flexibility of 529’s. Prior to 2018 the use of these funds tax-free was limited to paying qualified college expenses. Under the 2018 Federal tax regulations these funds may also be used for private school tuition (kindergarten to 12th grade) up to $10,000 per year.

Growing Concerns for Conservative Investors

by St. John & Assoc on Dec 8, 2017

There are some growing concerns for conservative investors having to choose between bonds and equities. Current bond returns today are minimal, and returns on cash are even less. Since most conservative investors are holding bonds for security and cash to live on, the weighting in these segments are pulling this part of your current portfolio’s gain down to 2% or less. Bonds offer little comfort even in those considered highly rated and safe.

Why Should I Consider a ROTH Conversion?

by St. John & Assoc on Dec 1, 2017

Each year there is the opportunity to convert some or all of your IRA account assets to a ROTH account. The purpose in doing so is to eliminate the Federal and State tax on any future distribution amounts and enable you to withdraw funds earlier without penalty. Funds including gains held in ROTH account can be distributed tax-free subject to some manageable restrictions.