Understanding Your Estate Plan and Why It Matters An estate plan is the set of legal documents-wills, trusts, powers of attorney, and healthcare directives-that control what happens to your assets,...
Required Minimum Distributions (RMDs): Rules, Taxes, and Planning Strategies
Overview: What Is a Required Minimum Distribution (RMD)? A required minimum distribution RMD is the minimum amount that retirement plan account owners must withdraw each year from certain retirement...
What the One Big Beautiful Bill Act Means for Affluent Retirees
Quick Summary of the One Big Beautiful Bill Act for Affluent Households The One Big Beautiful Bill Act ("OBBBA") permanently extends many provisions from the 2017 Tax Cuts and Jobs Act that were set...
529 Superfunding Rules: How the 5‑Year Election Works
What Does "Superfunding" a 529 Plan Really Mean? Superfunding a 529 plan is, at its core, doing five years of gifting at one time. Instead of making annual contributions to a beneficiary's education...
When Do I Collect Social Security? Timing Your Benefits for a Long, Happy Retirement
For many older Americans with substantial assets, the question is not simply “when do I collect Social Security?” It is: “When should Social Security become part of my retirement income, how much...
How Much Money Do You Need in Retirement?
There is no single “right” retirement number. What you need to retire depends on your desired retirement lifestyle, retirement age, life expectancy, tax situation, and legacy goals—all of which can...
Tax-Deferred Investing for High-Income Households Near Retirement
Quick Answers: How do some High Earners Defer Taxes Today? For wealthy investors approaching retirement in 2026 and beyond, tax deferral represents one of the most powerful tools available for...
Are Traditional IRA Contributions Tax Deductible?
A Traditional IRA can be a useful way to save for retirement and potentially reduce current-year taxable income, but the direct answer to “are traditional IRA contributions tax deductible” is:...
Wealth Management Q&As
Wealth Management is more than investment management. It considers the larger picture. While your investments are critical to your success throughout retirement, it is also important to understand how your taxes, finanical plan, estate, and insurance can affect both your overall situation. Do you know when you should begin collecting social security to maximize its benefit? Have you followed the necessary steps to help your assets pass efficiently to your heirs, avoiding probate? If 529 plans are applicable to you, have you considered 529 plan superfunding or how to maximize 529 plan tax advantages? Our wealth management Q&As consist of popular topics among our clients and are not limited to investment management.