The 2025 passage of the One Big Beautiful Bill Act introduced the Trump Account, a unique custodial investment tool designed to jumpstart savings for young Americans. For nearly three decades, families have relied on 529 plans as their primary vehicle…Read More
The IRS and Social Security Administration have released key numbers for 2026, including new federal income tax brackets, a higher standard deduction, bigger retirement and HSA contribution limits, and updated Social Security benefits and wage caps. In addition, several provisions…Read More
The much anticipated One Big Beautiful Bill Act (OBBBA) was signed into law on July 4th, 2025. The new legislation is an extension of the 2017 Tax Cuts and Jobs Act (TCJA) making many of the provisions permanent. It also…Read More
While tax season may be behind us, thoughtful income tax planning is a year-round effort—and a critical piece of long-term financial success. Reviewing your completed tax return reveals inefficiencies and missed opportunities from the prior year. However, navigating a complex…Read More
A 529 account is an excellent vehicle to save money for kids’ education. The contributions grow tax-free, and withdrawals from the account are tax exempt as long as they are used for qualified educational purposes. A list of qualified educational…Read More
Did your son or daughter just turn 18? Chances are that they are about to start college and are looking forward to this exciting phase of life. You might not feel your child is fully grown and that they…Read More
Do you have restricted stock units (RSUs) that have recently vested? If you work in the tech or financial sectors in 2022, that probably means that you have seen a decline in their value (energy sector folks have this in…Read More
Although the Health Savings Account (HSA) was created as part of the Medicare Modernization Act in 2003, we field questions almost daily from clients who don’t understand what an HSA account is or how to efficiently use it. During open…Read More
Dave Ramsey has been telling America for years on his financial radio show to keep an emergency fund that covers at least a few months of expenses. Thank you, Dave! You saved a lot of people from financial ruin with…Read More
Concerned about inflation, perhaps for the first time in your lifetime? For many families we work with, it’s been decades since even the adults have seen inflation rising this quickly. But, the U.S. government has a nifty, old-school instrument available…Read More
