Woodbury Financial Services

Woodbury Financial Services is a full-service financial services firm dedicated to helping our clients build wealth and protect their hard-earned assets. Our firm is completely independent, so our loyalty belongs exclusively to our clients -- not to a parent company. Our independence enables us to establish working relationships with a number of investment and insurance providers whose products we leverage to create customized client portfolios. We recommend only those products and services that can be tailored to suit our clients' unique needs.

Whether you're looking for fresh financial ideas for yourself or your family, we have the products and financial planning assistance to help set you on your own path to financial success. This communication is strictly intended for individuals residing in the states of CA, NV, AZ, and ID. No offers may be made or accepted from any resident outside the specific state(s) referenced.

In 2020 there will be a California state penalty for not having health insurance and it will be administered by the California Franchise Tax Board. Consumers who do not have health insurance will face a penalty of up to nearly $2,100 per family, which is based on 2.5 percent of your household income or a minimum of $695 per adult, whichever is greater.

As an employer and sponsor of a 401(k) plan, your company shoulders a major responsibility. You must listen to the needs of your employees and then select the appropriate service provider(s) at a reasonable cost, determine the optimal plan design provisions, choose and monitor investments, keep up with legislative changes, ensure your plan is administered properly, and educate and inform plan participants.