SECURE 2.0 Changes for 2025
At the end of 2022 and early 2023, there was plenty of buzz surrounding the omnibus spending legislation more commonly known as SECURE 2.0, which provided several new opportunities. Many of the opportunities are effective beginning in 2025. Below we have outlined some of the major changes that may impact the individuals and families we […]
Maximizing 2024 Contributions
Most of us are now fully immersed in 2025 and are focused on the year ahead. However, as tax season approaches, it is a good time to look back at 2024 to ensure that you are maximizing your 2024 contributions and tax benefits from savings vehicles. TRADITIONAL IRAs: You have until the tax filing deadline […]
FinCen Update: January 2025
Small businesses including LLCs, corporations, partnerships, or any entity filed through the Secretary of State have received a flurry of news surrounding the finalizing of FinCEN reporting requirements for 2025. While FinCEN Beneficiary Ownership Information (BOI) Reports can still be submitted voluntarily as previously communicated, we are still waiting to hear final judgement regarding the obligation to file. […]
Three Ways to Boost Your Personal Well-being
In today’s fast-paced world, many executives and business professionals often find themselves looking for more time to navigate complex financial landscapes while striving to maintain their personal well-being. The pursuit of financial success can sometimes overshadow the importance of striking a balance between wealth and wellness, yet finding some balance is essential for long-term happiness […]
On the hunt: What to do when you lose your job
“Your role is no longer needed.” Or, “We are going to part ways.” Either way, these phrases are very unsettling to hear. A sudden change in your employment status is nerve-racking for anyone – especially for those who are well-established in their career. So, what do you do when you find yourself on an unexpected […]
2025 Numbers to Know
As we look forward to 2025, now is a great time to review the changes that will impact your retirement plan contribution limits, gifting limits, social security increase and Medicare premium changes for the next year. Here’s a summary of those changes, which can help you assess how they fit within your overall financial life […]
Navigating Open Enrollment for 2025
As we enter open enrollment season, it’s easy to fall into the habit of simply renewing last year’s elections. However, open enrollment is an excellent time to reassess and potentially enhance your benefit selections for the upcoming year. If you’ve experienced any life changes in 2024 (e.g., getting married) or have big events planned for […]
Important 2024 Year-End Deadlines
To help ensure year-end strategies and appropriate paperwork are processed in time, please note the upcoming Charles Schwab & Co., Inc. deadlines below. For those who have an American Endowment Foundation (AEF) donor advised fund: For those who have a Schwab Charitable donor advised fund: If you have any questions on these upcoming deadlines, including […]
Turning Uncertainty into Opportunity with Your Job Search
Professional Advice on Navigating an Unexpected Job Search with Confidence on our podcast, “Navigating Life Transitions” Navigating an unexpected job search can be overwhelming, filled with uncertainty and anxiety, but it also offers a unique opportunity to reassess and realign your career path with your true passions and long-term goals. This transition can serve as […]
Planning care for loved ones with special needs
Considerations and expert advice on this episode of “Navigating Life Transitions” How do you help ensure a bright future for loved ones with special needs, especially beyond your lifetime? By planning for their care and support, you can enhance their quality of life and provide peace of mind for yourself. Whether it’s through social interaction […]
