529 College Savings – What if your child doesn’t end up using it all?
What if your child doesn’t end up using all of their 529 college savings? Thanks to the SECURE 2.0 Act, up to $35,000 per beneficiary can now be rolled tax-free from a 529 into a Roth IRA—if certain requirements are met: 🔸 The 529 must have been open for at least 15 years 🔸 Only […]
3 Types of Flexible Spending Accounts (FSAs)
Here’s a quick breakdown of the three types of Flexible Spending Accounts (FSAs): 1. Healthcare FSA: Helps pay medical, dental, and vision expenses not covered by insurance. 2. Limited-Purpose FSA: Dental and vision only. Ideal if you’re also contributing to an HSA. 3. Dependent Care FSA (DC-FSA): Covers childcare, preschool, and even day camps. Your […]
Make Childcare, Preschool, or a Babysitter Tax- Deductible? Here’s How
Paying for childcare, preschool, or a babysitter? A Dependent Care FSA can be a smart tool, making expenses you already pay tax-deductible. A few things to keep in mind: ✔️ Annual limit: Up to $5,000 in 2025 ✔️ Use it or lose it: FSAs don’t roll over ✔️ Great for families with childcare or dependent-care […]
Roth vs Traditional IRA: The Easiest Way to Pick the Right Account
Wondering which one to choose – Roth IRA or Traditional IRA? A Traditional IRA gives you a tax break now. A Roth IRA taxes you today but grows tax-free for life. For many young professionals in a low tax bracket, the Roth often wins. Pay the tax now and enjoy decades of tax-free growth. Unsure […]
HSA vs FSA Breakdown: Tax Benefits, Rollover Rules & How to Choose
Confused about the difference between an HSA and an FSA? Here’s the quick version: An HSA gives you triple tax benefits of tax-deductible contributions, tax-free growth, and tax-free withdrawals for medical expenses. Plus, it rolls over every year, making it a powerful long-term tool if you’re on a high-deductible health plan. An FSA also saves […]
SMART Financial Goals Explained: The Best Way to Save Money and Build Wealth
Saving more isn’t a goal but saving $3,000 in 12 months is. SMART goals give you clarity, direction, and wins you can celebrate along the way. Want help setting yours? We’re here to help? Reach out to us to schedule a complimentary Q&A with one of our team members.
Health Insurance Made Easy: Deductibles, Copays & Coinsurance Explained
Your health insurance shouldn’t feel like a mystery. During open enrollment, it’s essential to understand three key pieces: ✔️ Your co-pay ✔️ Your coinsurance (after your deductible) ✔️ Your out-of-pocket max These numbers determine what you pay throughout the year — especially if you’re planning major care like a surgery or growing your family. Have […]
The Secret to a Financial Plan You’ll Actually Stick To: Your Values
Want your financial plan to finally feel meaningful? Start by aligning your money with your values—travel, growth, giving, whatever matters most. When your values lead, your money follows with purpose.
Beware the AI Hype: Why Some Companies Are Adding ‘AI’ to Their Name
Thinking of investing in AI? Some companies are slapping “AI” on their name, even when their business has nothing to do with artificial intelligence. We saw the same hype during the dot-com era… and before that with blockchain. A cement company adding “AI” to its brand doesn’t suddenly make it a tech stock. Tune into […]
What Everyone Gets Wrong About the Dot-Com Bubble & And Why It Matters Now
Everyone remembers the dot-com bubble for the crash, but few remember what came after. Speculative companies disappeared but the strongest innovators used that moment to scale and capture massive market share. Some of today’s biggest tech winners were born in that chaos. Volatility doesn’t mean avoid the trend. It means be selective and stay disciplined. […]