Eiger Wealth Management, LLC

Did you turn 73 in 2024? Don’t miss your first RMD deadline! ?? Key Deadlines: 1. April 1, 2025: Final deadline for your 2024 RMD ?? ?? NOTE—Only applies if you didn’t take it in 2024 ?? Based on December 31, 2023, account balance 2. December 31, 2025: Deadline for your 2025 RMD ?? Based on December 31, 2024, account balance ?? Important Notes: ??Applies to traditional IRAs, 401(k)s, 403(b)s, and other tax-deferred accounts ??Roth IRAs are exempt during your lifetime ??Current employer 401(k) may be exempt if still working ?? Caution: Failing to take the full RMD can result in a 25% penalty on the amount not withdrawn (reducible to 10% if corrected promptly). An effective RMD strategy is key to optimizing your retirement income. Partner with a financial professional to create a distribution strategy that manages taxes and aligns with your long-term goals. Remember, once you turn 73, you must take RMDs from your 401(k) or other defined contribution plans in most cases. Withdrawals from these plans are taxed as ordinary income and may be subject to a 10% federal income tax penalty if taken before age 59?. With a Roth IRA, to qualify for the tax-free and penalty-free withdrawal of earnings, Roth IRA distributions must meet a 5-year holding requirement and occur after age 59?. Tax-free and penalty-free withdrawals can also be taken under certain other circumstances, such as the owner’s death. The original Roth IRA owner is not required to take minimum annual withdrawals. #RetirementPreparation #RMDs #PersonalFinance

Private job growth came in significantly below expectations in February 2025, with just 77,000 jobs added, according to ADP. This marked the slowest hiring pace in months and signaled potential economic cooling. Key points to consider: ?? Trade, transportation, and utilities sectors can experience losses amid tariff concerns ? Leisure and hospitality sectors often show resilience even during slowdowns ?? Wage growth trends provide important context for overall economic health Market indicators suggest employers may become hesitant amid policy uncertainty and consumer spending fluctuations. Monitoring both ADP and BLS reports may offer a valuable perspective on employment trends. #JobsReport #EconomicIndicators #MarketOutlook Read More: https://lnkd.in/gjRkTHBb

Ever wonder who’s really managing America’s wealth? The answer might surprise you. ?? 49% of women now serve as their households’ financial decision-makers, up from 41% in 2021! To put that in perspective: Before 1974, women often couldn’t even open a bank account without a male co-signer. Today, they’re projected to control $34 trillion in U.S. investable assets by 2030. What makes women exceptional financial leaders? Research shows they: ??Tend to take a more patient approach to investment decisions ??Maintain strategies during market volatility ??Champion sustainable and socially responsible investments ??Know when to seek guidance Women’s History Month is a powerful reminder of women's progress in pursuing financial independence and leadership. As more women take control of their financial futures, opportunities to help build lasting wealth, create financial strategies, and shape meaningful legacies have never been greater. #WomensHistoryMonth #WomenInFinance #FinancialEmpowerment

The Social Security Fairness Act has reached a significant milestone with over 1.1 million retroactive payments issued to public servants. The average Social Security payment of $6,710 provides meaningful support to teachers, firefighters, and police officers who previously faced reduced benefits due to the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) provisions. Now, with the change in legislation, public servants who contributed to Social Security and received a public pension can finally receive more accurate and fair benefits. Looking ahead, eligible Social Security recipients will see permanent increases in their monthly payments starting in April. This represents an important change in how retirement benefits work for those who maintained public pensions while contributing to Social Security throughout their careers. Worth noting: Some beneficiaries may see modest increases while others could receive over $1,000 more monthly. #SocialSecurity #RetirementIncome #PublicService

View From the Peak: ?? S&P 500: Two Years of Big Gains – Can It Go for a Third? ?? For the first time in 25 years, the market has posted back-to-back 20%+ returns. History suggests another strong year is possible, but key factors like inflation, earnings growth, and trade policy will shape 2025. ?? The good news? Earnings growth is broadening beyond Tech, with Aerospace, Consumer, and Medical sectors set to shine! ?? Want to know where opportunities lie in 2025? Let's talk! ???? #StockMarket #Investing #Economy #S&P500 #WealthManagement

? Final Reminder: Medicare General Enrollment Ends March 31! The general enrollment period (GEP) is the chance of enrolling in Medicare if you missed doing so when you first became eligible (the initial enrollment period [IEP]). ?? What’s the difference between the IEP and the GEP? ?? Initial Enrollment Period (IEP): ??Who: New Medicare-eligible individuals (turning 65 or newly disabled) ??When: A seven-month window—three months before, the month of, and three months after your 65th birthday ??What: Enroll in Part A (hospital coverage) and/or Part B (outpatient care and other medical services), with the option to add Part C (Medicare Advantage) or Part D (Prescription Drugs) ?? General Enrollment Period (GEP): ??Who: Anyone who missed their IEP and doesn’t qualify for a special enrollment period ??When: January 1–March 31 each year ??What: Enroll in Part A and/or Part B only. You must wait for the next enrollment window to add Part C/Part D. ? Take Action Before March 31st: 1. Review Your Coverage Needs: Decide if you need Part A, Part B, or both 2. Enroll Today: Visit ssa.gov or call your local Social Security office 3. Plan Ahead: Mark your calendar for the next chance to add Part C or Part D Don’t hesitate to reach out if you have questions about navigating Medicare. #Medicare #HealthcareCoverage #Retirement

? ? Spring Forward This Sunday! ?? Daylight saving time starts Sunday, March 9—don’t forget to set your clocks forward one hour. Here’s to longer, brighter days ahead! #DaylightSavingTime #SpringForward #MoreSunshine

View From the Peak: - Job growth is slowing, but not alarmingly so - Stock markets are highly volatile, particularly tech stocks, due to tariff concerns - Interest in economic indicators (CPI, PPI) remains high as markets await inflation data

Celebrating Julie’s birthday with our clients ’70s style! Can you guess who’s who on the Eiger team?

?? Happy Employee Appreciation Day! ?? Today, we celebrate the incredible team that drives our success. As financial professionals, we know that serving our clients and running a strong business is only possible because of our team's hard work, dedication, and talent. To our employees—and to the hardworking teams everywhere—your commitment, passion, and drive make all the difference. Thank you for everything you do! #EmployeeAppreciationDay #Gratitude #Teamwork #FinancialProfessionals