Happy New Year to you all. This is our second year combining our two lengthy pieces into one concise report covering both the investment year in review and discussing our outlook for the year to come.
Starting in 2026, high earners age 50 and older must make catch-up contributions to an employer plan (401k, 403b, 457(b), etc.) as Roth contributions (after-tax contributions). High earners are defined as participants who earn in excess of $150,000 in FICA wages (indexed annually) the previous year, starting with 2025 wages.
One Big Beautiful Bill Act Notable Tax Changes On July 4, 2025, President Donald Trump signed into law the One Big Beautiful Bill Act. The OBBBA makes permanent many provisions of the Tax Cuts and Jobs Act of 2027 (TCJA) that were set to expire come January 1, 2026. Now that we are in 2026, we wanted to summarize below the notable provisions affecting the taxation of individuals.
2026 Important Numbers
If you use your cell phone regularly, chances are you’ve received a text from an unknown number. Unfortunately, fraudulent text messages or “smishing” scams are becoming increasingly common.
A guide to key planning actions to complete before year-end to help optimize your financial, tax, and estate outcomes.
If you’ve changed jobs over the years, you may have a 401(k) account or even a pension plan still held with a former employer. It’s more common than you might think.
The good news is that each new tax bill continues to bring greater flexibility and enhancements to 529 plans. Recent legislative changes have expanded the definition of qualified education expenses. Offering families more options for how they use these tax-advantages accounts. For elementary and secondary education, eligible expenses now include not only tuition, but also curriculum and instructional materials (such as books or online courses), tutoring by licensed or expert instructors, dual‑enrollment fees, standardized test (e.g. SAT/ACT) fees, and educational therapies for students with disabilities. These changes make 529 plans more versatile than ever for meeting a wide range of educational needs.
The "One Big Beautiful Bill Act" (OBBBA or OBBB) is a significant piece of U.S. federal legislation, signed into law by President Donald Trump on July 4, 2025. The OBBBA is designed to provide substantial tax cuts, primarily by making permanent many provisions of the 2017 Tax Cuts and Jobs Act (TCJA) that were set to expire at the end of 2025.
Financial markets staged a rapid recovery from the tariff-led market correction in April. The S&P 500 low for the year occurred on April 8th when the index closed at 4,983, down 19% from its all-time high in early February. From that low to the end of the second quarter, the S&P staged a quick recovery, rising nearly 25%, on the heels of tariff delays and constructive economic reports.
We’ve curated a list of our favorite books for the 2025 season, perfect for reading on the beach, the porch, or anywhere the season takes you. We hope you discover something special—for yourself or as a thoughtful gift for a fellow book lover.
You may be considering downsizing your home for a variety of reasons. Maybe you're now an "empty nester" and the space feels too large. Perhaps a significant portion of your equity is tied up in your home, and you'd like to access it to support your retirement lifestyle.
With so many credit cards out there, finding the right one can feel overwhelming. The best card for you depends on your lifestyle, spending habits, and credit profile. There’s no one-size-fits-all solution — but some cards will fit your needs better than others.