Secure Act 2.0 – Key Provisions and Dates As part of the Consolidated Appropriations Act of 2023, the SECURE 2.0 Act of 2022 (Secure 2.0) was enacted on December 29, 2022. Secure 2.0 continues to modify and expand upon provisions included in the original Secure Act of 2019. While there was a plethora of changes

Top Tax Planning Considerations for 2022 With another year end on the horizon, there are still a few more critical months to make some money moves and consider integrating tax planning into your overall financial strategy! Keep in mind that your overall goals and objectives should drive your financial plan first and foremost, with income

Health Savings Accounts: A Break in the Matrix Summary: A Health savings account (HSA) is available if enrolled in a high deductible health care plan (HDHP); HSA’s are portable HSA contributions are income tax deductible and grow tax free if used for qualified medical expenses (some limited exceptions apply) There are penalties for nonqualified HSA

Which Childcare Option is Best for Your Family? Whether you’re going back to work, want your child to build social skills, or just need a break, a lot of families at some point will have to make the decision on what kind of childcare they want to provide for their children. For some, just getting

Social Security: Myth Busters Edition No matter how many times some myths are debunked, we may still believe them. For example, cracking your knuckles causes arthritis (still possibly annoying but not true), humans swallow eight spiders a year in their sleep (gross and thankfully not true) and twinkies have no expiration date and would survive

You Got a Bonus – Now What? It’s finally time! You’ve worked hard all year, put in lots of hours, and now it’s time to receive your much deserved bonus. While it’s exciting seeing more money in your bank account, have you ever wondered “what do I do with it now?” If you’re like most

To Roth, or Not to Roth, That is the Question Summary: Traditional IRA contributions may be income tax deductible and have tax-deferred growth potential Roth IRA contributions are made after-tax and potentially grow tax free Your current and future income tax rates are a consideration when deciding between traditional and Roth IRA contributions When Shakespeare

2021 is Nearly Over. Are You Ready For 2022? If 2021 proved anything, it is that those who plan ahead are better able to handle the unexpected. Let’s review what you should consider doing now to prepare for the future. This year’s rollercoaster of events may have left you a little shell shocked. But your

Take Time to Reflect on the Financial Results from 2021 and Make a Plan for 2022 2021 has certainly been a year of financial highs and lows. No one can reliably predict short term moves in the market, but good financial planning can help prepare you for unforeseen setbacks. If you had a successful year,

First Time Homebuyer Programs First Time Homebuyer? – These Programs Are for You June 1, 2021  Do you fantasize about one day owning a home but don’t think you’ll ever be able to afford it? Do you wonder how you’ll ever come up with the down payment needed to purchase a home or how you’ll