Simple Year-End Tax Moves for 2025: Harvest Losses, Give Smart, and Boost Retirement Savings
Smart, simple 2025 year-end tax tips: harvest losses, give from IRAs, and boost retirement savings. Plan now, breathe easier later.
Smart, simple 2025 year-end tax tips: harvest losses, give from IRAs, and boost retirement savings. Plan now, breathe easier later.
Give with heart and get tax-smart. This quick guide shows simple ways to donate in 2025–2026—like QCDs from your IRA, gifting appreciated stock, and basic tips if you itemize. Learn when to start paperwork, how to keep records, and how to send more to your favorite causes in the Mid-Ohio Valley. Clear, friendly, and easy.
The new Enhanced Senior Deduction could mean thousands in tax savings for retirees. Learn how it works, what it means for Social Security and IRA withdrawals, and how to use it for smarter retirement planning.
A major tax bill signed on July 4th brings some important changes for 2025 and beyond. In this blog, we break down what’s new—like bigger standard deductions, expanded SALT caps, and new senior tax breaks—along with what’s staying the same. Whether you're planning for retirement or just want to make smart tax moves, this post gives you clear, easy-to-understand insights to help you prepare.
Are you nearing retirement age or helping a loved one plan for their future? This blog post walks you through the key ages that affect retirement planning, like when you can make catch-up contributions, access your money without penalties, start Medicare, and maximize your Social Security benefits. We’ll keep it simple, clear, and encouraging.
A Roth conversion can be a great financial tool to manage taxes and pass wealth to heirs, but it’s not always the best option for everyone. While converting a traditional IRA or 401(k) into a Roth IRA allows you to pay taxes now and enjoy tax-free withdrawals later, there are situations where this strategy might not be in your best interest. Let’s explore four key reasons why a Roth conversion may not be the right choice for you.
f you’ve worked hard, saved wisely, and had a bit of luck, you may find yourself with a nest egg to pass on to your loved ones. But did you know that a traditional IRA or 401(k) could be the worst asset to leave behind? For many people, these accounts are the largest assets they’ve built up—but changes in tax laws mean they’re now far less beneficial to heirs. Let’s explore why this is and what you can do about it.
Discover the key financial updates for 2025! From Social Security benefit increases and Medicare premium changes to higher retirement contribution limits and tax bracket adjustments, this guide breaks it all down. Learn how to maximize your savings, leverage new catch-up contributions, and prepare for potential tax law changes. Stay ahead of the curve and make smarter money decisions for the year ahead!
Welcome to the second part of our seven-part series on the keys to retirement success! Last time, we discussed the importance of cash flow in retirement. Today, we’re diving into a crucial aspect of planning for retirement: managing income taxes. Taxes are a fact of life, but with the right strategy, you can reduce their impact on your retirement savings. Let’s break down how you can plan effectively to manage taxes and keep more of your hard-earned money.