Category: Wealth

This IRS tax deadlines article has been updated for the 2025 tax season (including deadlines for 2024 tax year filings). Tax season has arrived. This article will cover important key dates for the 2025 tax season, including the tax filing start date, tax deadline, extension filing deadline, extended deadline, estimated tax payment deadlines, a 2025…

‘Our life is frittered away by detail… simplify, simplify.’ – Henry David Thoreau I’ve fielded all types of questions from clients and readers over the years looking for that one magic hack or some shortcut to building wealth. Usually these half-baked ideas come from a friend, relative, colleague, or an unscrupulous advisor, or a random…

Happy New Year, friends! Just had a randomly refreshing chat with a fellow coffee shop goer, and as things tend to go we ventured into finances and the words that came out of his mouth were outstanding, lol… So much so I had to stop him mid-sentence a couple of times to make sure I…

Individuals aged 60-63 can contribute up to $11,250 in catch-up contributions to workplace retirement plans. Employees earning more than $145,000 annually will be required to make catch-up contributions as after-tax Roth contributions. SIMPLE IRA and SIMPLE 401(k) participants will also see increased contribution limits. The annual catch-up contribution cap for SIMPLE plans will rise to…

Designer491 / Shutterstock.com Health Savings Accounts (HSAs) are often misunderstood and underutilized, but they offer a unique combination of tax benefits and financial flexibility that few other accounts provide. With healthcare costs rising, having an HSA can be a game-changer for immediate medical expenses and long-term savings. According to Fidelity, the average retired couple will…

Artificial intelligence (AI) is causing an existential crisis for many workers, myself included. With the rise of AI, I’ve often found myself wondering: what’s the point? If AI is going to take over, why bother trying? Maybe you’ve felt the same way—worried about how to safeguard your future from AI. Or perhaps you’re a parent…

If you are feeling dejected by the amount of student loan debts you’re facing, Laura Long is proof that paying it off is more achievable than you think.  After realizing her regular payments weren’t making a dent in her $77,000 debt, Laura took a bold step and launched a new business helping therapists build successful practices, all…

This overview on whether you need to file a tax return (i.e. the minimum income when you are required to file taxes) has been updated for the 2025 tax season (for 2024 tax year filing). As the tax start date and inevitable tax deadlines approach, I wanted to share something that may come as a…

It’s possible to get a second home using a VA loan, but the process is nuanced, and you’ll need to meet some very specific requirements to make it happen. It all depends on how you plan to use the house, as well as how much of your VA loan entitlement you’re using for your current…

Image Source: Pexels MLK Day is a Federal Holiday observed on the third Monday in January. This year, the holiday will be celebrated on January 20, 2025. Since you probably have the day off from work, you may have some errands to run, like sending a package or dropping off mail at the post office.…