What could the SECURE 2.0 Act mean to you?

Amid the 1,650-page, $1.7 trillion omnibus spending legislation passed by Congress and signed by President Biden in late 2022 were many changes that will impact individuals and companies in 2023 and beyond. Dubbed the SECURE 2.0 Act of 2022 after the similarly sweeping Setting Every Community Up for Retirement Enhancement Act (SECURE Act) passed in […]

Maximizing 2022 Contributions

Most of us are now fully immersed in 2023 and are focused on the year ahead. However, as tax season approaches, it is a good time to look back at 2022 to ensure that you maximized your 2022 contributions and tax benefits from savings vehicles. Traditional IRAs: You have until the tax filing deadline (April […]

Do More of What You Love in 2023

Another year has come and gone. As we begin the New Year, many of us have items lingering on our to-do lists. Between work, family life, and the myriad of other commitments, people are busier than they have ever been, and time remain­­­s their most precious resource. As we turn the page into 2023, we […]

2023 Numbers to Know

As we close out 2022, elevated levels of inflation are being felt everywhere, including your IRA and retirement plan contribution limits, Medicare premiums, and Social Security cost of living adjustments. As we look towards 2023, now is a great time to review the upcoming changes across several areas that affect financial planning. We have compiled […]

Year End Planning Opportunities

The holiday season also marks the home stretch for year-end planning. Revisiting some key areas of your financial and benefit plans before December 31 can help you get the most out of 2022 while setting you up for the new year. Investment Portfolio Review The end of the year is a great time to review […]

Executive Corner

I hope you and your families are doing well and looking forward to the holiday season. As we begin to prepare for all the holiday festivities ahead, one thing comes to mind – the importance of our communities. This has no doubt been a challenging year. I think many of us feel overwhelmed with uncertainty […]

Employer Benefits and Open Enrollment Best Practices

Many employees are currently in the midst of open enrollment season. It can be tempting to approach open enrollment with a “copy and paste” mentality, but we believe this is a great opportunity to confirm and enhance your benefit elections for the coming year. If you experienced life changes or transitions in 2022 (e.g., getting […]

What today’s retirees want their younger selves to know

If you could go back in time and give your younger self some advice about your finances, what would you say? That’s what a survey of more than 1,100 U.S. retirees by the Employee Benefits Research Institute aimed to find out. The main takeaways aren’t overwhelmingly surprising, but they are important to discuss: 70% of […]

2022 Year-End Deadlines 

To help ensure year-end strategies and appropriate paperwork are executed in time, please note the upcoming TD Ameritrade deadlines below. Charitable gift deadlines: For those who have an American Endowment Foundation (AEF) donor advised fund: If you have any questions on these upcoming deadlines, including how they may affect your specific tax planning or gifting […]

It’s time to reassess your end-of-year giving strategy

As we approach the end of 2022 and the traditional “Giving Season,” many individuals and families are thinking about how to maintain their support of the organizations and causes they care about despite a challenging year in the economy and the markets. The effects of inflation combined with the end of many government support programs […]