We are fast approaching the end of 2024. I’ve talked with a few clients about some actions they can take before we turn the page to 2025. In case you are asking yourself “wait, have I done everything I’m supposed to?,” here is a quick list. (Note, I wrote a detailed post on year-end action […]

It’s no secret there is an increased amount of fraudulent activity in today’s digital world. I’m sure you have received spam emails, unwanted phone calls, strange looking texts, letters notifying you of a data breach, and a whole host of other fraud attempts. One area where fraud can be particularly devastating is investment accounts – […]

I worked with two clients this week to help them rebalance their employer plan accounts. Since many of you likely have similar accounts (likely in need of attention), let’s review the process. Employer plan refresher Before diving in, let’s clarify what I mean by “employer-sponsored retirement plan.” These are plans employees are offered by their […]

If you are an investor with a meaningful amount of your savings in pre-tax retirement accounts (either employer plans like 401ks or Individual Retirement Accounts (IRAs)), you have some to-do’s to consider as you near retirement (which were imbedded in a question I received from a client this week) The reason for this stems from […]

While it may be hard to believe, 2025 will be here in less than two months. It’s as good a time as any to start thinking about cash flow and savings plan for next year. I walked a client thru the recently released retirement contribution limits for 2025. Let’s take a closer look! Every year, […]

We’re in the strange time of year tax-wise – where you may have just filed 2023 returns, are in the middle of running final forecasts for 2024 taxes, and now – it’s time to think about 2025! Never a dull moment! The 2025 tax brackets were just released and I’ve had a few discussions with […]

Cash is king – and sometimes, you need access to cash unexpectedly. In a client’s case last week, they found themselves with a great real estate opportunity that involved purchasing a new home in advance of selling their current home. They needed access to cash for a very short period of time (less than a […]

I talked with clients this week about 529 plans they set up for their grandchildren. We discussed a few items, including what options exist for excess funds as well as transfer of ownership in the event of their passing before the funds are spent. I have discussed the former in a prior post (you can […]

A client reached out this week regarding a short-term cash need. As we discussed the various ways to obtain liquidity, the subject of capital gains and the related taxation came up. This can be a confusing topic and is also one that is in the news as of late as it has become a key […]

As you likely know by now, the Federal Reserve cut interest rates by 0.50% this week. While we have been under the impression that rates would fall for virtually all of 2024 (and have been having discussions with clients to that end for many months as a result), I certainly understand that things aren’t top […]