Many people are concerned about inflation on a national and global level. But a lot of my clients’ concerns are much closer to home. On a personal level, inflation unquestionably affects how much your retirement dollars will be worth. Over time, it can seriously dwindle your nest egg, which is the opposite of the direction you’re trying to go in.  With that in mind, we wanted...

With 2024 in full swing, here are some key estate planning considerations for the year ahead. I encourage you to take a look below and do not hesitate to reach out to our team with any questions.  Tax Changes in 2026 As you may know, the current tax exemption amount of $13.61 million is scheduled to revert to its previous $5 million threshold in 2026 (likely adjusted for inflation to $7...

The year 2023 unfolded with noteworthy events in the U.S. financial markets, prompting inevitable curiosity about the prospects for 2024. Recognizing this, our team provides a comprehensive overview of the past year and an outlook for what we think lies ahead.   U.S. Equities In 2023, U.S. equities exhibited strength, resilience, and a certain defiance of conventional expectations....

Cryptocurrency is a newer asset class investors are using to balance out their portfolios. It may also be wise to speak with an expert, such as Matt Costa, CFP & CPA, with Foundation Wealth and Tax. Here are some steps to consider: Set Clear Objectives: Define your investment goals and risk tolerance. Determine how much of your overall portfolio you are willing to allocate to...

Required Minimum Distributions (“RMDs”) are mandatory withdrawals that individuals must take from certain tax-advantaged retirement accounts in the United States once they reach a certain age. These rules are primarily associated with traditional Individual Retirement Accounts (IRAs) and employer-sponsored retirement plans like 401(k)s. RMD rules are in place to ensure that...

Finding a financial advisor can be somewhat similar to dating in some respects, as both processes involve finding a compatible partner who meets your specific needs and preferences. Here are some ways in which finding a financial advisor can be compared to dating: Compatibility: Just as in dating, you'll want to find a financial advisor who is compatible with your financial goals, risk...