Wealth Advisory
From the Desk of Kevin Hodson: New Retirement Savings Limits and the Impact of Cost of Living
With the conclusion of this year, let’s welcome the opportunities of the next. Following are updates on retirement savings limits and their impact on your financial planning. Also, let’s consider the rising cost of living on your financial strategies. New Retirement Savings Limits and Catch-Up Contributions Starting next year, there are significant changes to the […]
From the Desk of Andrew Hammond: 529 to Roth IRA Rollovers
As we get closer to the end of the year, I wanted to share some exciting news about a new financial strategy that may benefit your family’s long-term financial health. This strategy involves using 529 plans and Roth IRAs to make the most of your savings and investments. A New Opportunity: 529 to Roth IRA […]
From The Desk of Carmen Grinkis: Social Security Optimization
Social Security benefits can be a financial lifeline for many, yet the complexity of the system often leaves significant opportunities unnoticed. There are many rules and formulas that can be difficult to understand—and the Social Security Administration won’t inform you that you have unclaimed benefits. We recently worked with a client who uncovered more than […]
Estate Tax Alert: Protecting Assets from the 2026 Exemption Reduction
AAFCPAs advises clients to consider proactive strategies to shield their assets now from steep tax liabilities should the estate tax exemption be left to decrease to $7 million on January 1, 2026. Now is the time for high-net-worth individuals to consider wealth transfer and gifting strategies that can help you maintain control while also locking […]
AAF Wealth Management Q3 2024 Market Insights
AAFCPAs is pleased to share the following Q3 2024 Market Insights published by AAF Wealth Management, a subsidiary of AAFCPAs. While world markets were relatively calm, we saw a bit more volatility this quarter in the investing and political arenas. Coming out of an uneventful first half of the year, the combination of more realistic […]
Talking With Children About Significant Wealth Transfer
Discussing a significant inheritance with your children, grandchildren, or other family members can be challenging. If you’re like most, you may not know where to start or how to approach the topic. However, you do understand how important it is and the impact it can have on their future, values, and life choices. Understanding the […]
Fidelity E-Delivery Initiative Spurs a Surge of Phishing Scams
Last week, AAF Wealth Management informed clients about an upcoming outreach effort by Fidelity Investments and cautioned them of an increase in phishing scams as a result. During the week of September 16, Fidelity begins an email campaign to encourage clients to switch from paper copies to electronic delivery of all documents. This affects investors […]
Kyle Bourke Earns CFP® Designation and Promotion
AAF Wealth Management, a subsidiary of AAFCPAs, is pleased to announce that Kyle Bourke, CFP®, MBA has earned the CERTIFIED FINANCIAL PLANNER™ (CFP®) professional certification, a credential that signifies the standard of excellence for the financial planning profession. Concurrently, Kyle has been promoted to Associate Wealth Advisor. As a CFP® and member of our wealth […]
Market Volatility: What You Need to Know
In an ongoing commitment to keep you abreast on a range of issues that might affect your business, AAFCPAs is pleased to share insights published by AAF Wealth Management, a wholly owned subsidiary of AAFCPAs. The stock market has experienced significant volatility in recent weeks. After reaching a high in mid-July, the S&P 500 has […]