Since it’s Financial Planning month, we’re going to focus this blog on the power of saving. Saving early is a financial superpower that can change your whole future. A lot of folks think they can just “catch up” later, but the truth is, the magic of compounding interest makes every dollar you save in your […]
Last-Minute Tax Moves & Current Ideas: How to Reduce Your Tax Bill
Tax season can be stressful, and a pain in the butt to complete. However, last-minute moves can help you lower your tax liability before the deadline. Whether you’re an individual filer or a small business owner, making strategic financial decisions now can result in significant savings. Here’s how you can take advantage of deductions, credits, […]
Why a Health Savings Account (HSA) Trumps All Other Investment Accounts, Including a Roth IRA
When it comes to saving for the future, most people think of traditional accounts like 401(k)s, Roth IRAs, or taxable brokerage accounts. However, there’s a lesser-known financial powerhouse that often gets overlooked: the Health Savings Account (HSA). While HSAs are primarily marketed as a tool to save for healthcare costs, they offer unique benefits that […]
2025 Retirement Plan and HSA Contribution Limits: What You Need to Know
The Internal Revenue Service (IRS) has announced the contribution limits for retirement plans for 2025, reflecting cost-of-living adjustments aimed at helping savers prepare for retirement. Key Contribution Limits for 2025 401(k), 403(b), and Similar Plans: The contribution limit for these workplace retirement accounts has increased to $23,500, up from $23,000 in 2024. Individuals aged 50 […]
Why LTCi Policies Premiums are Increasing & Your Options
The long-term care (LTC) insurance industry has faced significant financial strain over the years, resulting in a troubling trend for policyholders: premium increases and reduced benefits. This shift is due to a combination of factors, including demographic changes, unexpected claim patterns, and poor initial pricing. We’ll discuss why and what might make sense from a […]