She’s Not Just Keeping Up Financially Anymore—She’s Ahead
A growing number of women are not simply participating in wealth creation. They are leading it. New research on high-net-worth Millennials highlights the rising influence of women as founders, executives, and equity owners, raising important questions about how families and financial institutions understand wealth, stewardship, and financial decision-making differently today.
“A Crash Is Coming.” What I Would Tell My Clients.
Predictions of a market crash can create anxiety, but forecasts without timing or magnitude offer little direction. A more constructive response is to revisit your goals, time horizon, allocation, income needs, and exposure to risk. Preparation can help you make thoughtful decisions rather than reacting to headlines or fear alone.
Here Are 5 Reasons To Make Roth IRAs Part Of Your Financial Plan
It’s understandable that some ultrahigh-net-worth individuals believe Roth IRAs are “not for them.” After all, in my experience, many UHNW people are not fixated on saving for retirement. However, by dismissing Roth IRAs, they are inadvertently missing out on a powerful estate planning and wealth transfer tool. With federal income tax rates scheduled to increase
Retirement Planning Key Numbers
For 2023, the IRS has updated annual contribution limits, contribution eligibility thresholds, tax-deductibility guidance, and plan features for retirement plans and accounts, reflecting the latest cost-of-living adjustments. These changes will impact retirees and retirement savers. The tables below provide an overview of key retirement planning numbers for 2023.
Congress recently passed new legislation to expand the Secure Act of 2019. The recent provisions are referred to as the Secure Act 2.0. Many of these provisions are effective as of this year, while some will not become effective until 2024 or even years later. The recent change includes tax incentives to encourage more employers
Impact of SECURE 2.0 on Retirement Savings
As you may know, Congress passed SECURE 2.0 as part of the fiscal 2023 spending package. This bipartisan retirement security legislation could present opportunities for your retirement savings strategy and incentivize you to save for retirement. The new law includes a number of provisions intended to benefit individuals as well as small business owners. We