Taxes
Your IRA RMD Grace Period is Over: How to Avoid the 25% Penalty
The grace period is over. Starting in 2025—and with full enforcement in 2026—the IRS is strictly applying the 10-year rule for inherited traditional IRAs. Many [...]
Read more Your IRA RMD Grace Period is Over: How to Avoid the 25% Penalty
One Demographic Really Likes Roth Conversions
Roth IRA conversions are gaining significant traction among Generation X (born 1965–1980) as this cohort approaches and enters retirement age. Now in their mid-40s [...]
Read more One Demographic Really Likes Roth Conversions
Wealth Taxes Don’t Work
Wealth taxes, which impose levies on an individual’s net worth rather than income, have been proposed in various countries as a tool to reduce inequality and fund [...]
Read more Wealth Taxes Don’t Work
Modest Inflation Pushes Estimated Social Security COLA Higher
The Social Security Cost-of-Living Adjustment (COLA) is a critical mechanism that helps millions of Americans maintain their purchasing power amid rising prices. [...]
Read more Modest Inflation Pushes Estimated Social Security COLA Higher
3 Economic Benefits of Hiring a Spouse
In the realm of small business ownership, strategic financial planning is crucial for maximizing profitability and minimizing tax liabilities. One often-overlooked [...]
Read more 3 Economic Benefits of Hiring a Spouse
Can Trump Really End Taxes on Social Security?
During his 2024 presidential campaign and subsequent second term, President Donald Trump repeatedly pledged to eliminate federal income taxes on Social Security [...]
Read more Can Trump Really End Taxes on Social Security?
Is Social Security Solvent?
Is Social Security Insolvent? Social Security, a cornerstone of the American social safety net, provides critical financial support to retirees. Established in [...]
Read more Is Social Security Solvent?
Important Considerations Regarding Taxes & Gifting
The Tax Cuts and Jobs Act (TCJA) has introduced substantial changes that savvy clients need to consider for gifting and charitable giving, particularly as we [...]
Read more Important Considerations Regarding Taxes & Gifting
2025 Social Security COLA May Be Lowest Since 2021
The latest Consumer Price Index data reveals a slight dip in the projected Social Security cost of living adjustment (COLA) for 2025, from 2.63% to 2.57%, as [...]
Read more 2025 Social Security COLA May Be Lowest Since 2021
401(k) & IRA Alert: Max contributions rise in 2024
The Internal Revenue Service (IRS) has announced significant increases to the contribution limits for 401(k) plans and individual retirement accounts (IRAs) in [...]
Read more 401(k) & IRA Alert: Max contributions rise in 2024
Recent posts
-
-
The New Trump Accounts Explained
June 18, 2026 -
-
-
April 2026 Market Update: A Mirror Image
April 24, 2026 -
How Wars Shake the Stock Market
April 15, 2026
