by Joe Allaria CFP®, MBA | Dec 30, 2025 | Article, Portfolio Management, Retirement Planning, Tax Planning
Roth 401(k) vs. Traditional 401(k): Which One Is Right For You? Key Takeaway: Choosing between a Roth and Traditional 401(k) depends on your tax rate now versus in retirement: pay taxes now with a Roth, or later with a Traditional. Many people benefit from using a mix...
by Joe Allaria CFP®, MBA | Apr 1, 2025 | Article, Portfolio Management, Risk Management, Tax Planning, Video
Estate Planning in Illinois: Everything You Need to Know Key Takeaways: Estate planning in Illinois isn’t just for the wealthy — everyone, no matter their age or assets, benefits from having a plan to clarify how their property, finances, and medical decisions will be...
by Joe Allaria CFP®, MBA | Mar 17, 2025 | Article, Portfolio Management, Risk Management, Tax Planning, Video
How Tariffs Could Impact Your Investments, Retirement, and Everyday Expenses Key Takeaway: Tariffs raise prices on everyday goods and create market uncertainty, which can strain your budget and increase volatility in your investment and retirement accounts. In recent...
by Joe Allaria CFP®, MBA | Dec 23, 2024 | Article, Portfolio Management, Retirement Planning, Tax Planning
2025 Retirement Contribution Limits Key Takeaway:For 2025, you can contribute up to $23,500 to a standard 401(k) (or similar employer-sponsored plan) — and up to $7,000 to a Individual Retirement Account (IRA) (or $8,000 if you’re age 50 or older). The IRS has...
by Joe Allaria CFP®, MBA | May 24, 2024 | Article, Tax Planning
Reduce Taxes with Charitable Giving Key Takeaways: Donating appreciated stocks or mutual funds — instead of cash — can let you skip capital-gains tax and still deduct the full market value as a charitable donation. If you’re over age 70½, using a Qualified Charitable...
by Joe Allaria CFP®, MBA | Nov 30, 2023 | Article, Retirement Planning, Tax Planning
2024 IRS Cost of Living Adjustments Key Takeaway: The 2024 IRS cost-of-living adjustments raised contribution and income thresholds — meaning you can earn or save more before hitting tax limits. The IRS has released its 2024 cost of living adjustments, which include...
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