A Health Savings Account, or HSA, offers families more than just a way to pay for medical expenses. With the right strategy, it can become a powerful tool for long-term wealth building. Many people think of an HSA only as a healthcare account, but it also provides unique tax advantages
Imagine this. You inherit a quarter-million dollars, $250,000, while juggling two kids, $3,000 daycare bills, and a baby due in January. That was the reality for a couple I met with last week. They weren’t popping champagne or shopping for new cars. They were asking a different kind of question:
After 13 years in finance, I’ve learned one truth that shapes how I approach every client conversation: A high net worth does not equal generational wealth. Last week, I met with a savvy business owner who’s built a thriving company and accumulated substantial assets. He could have spent our time
Many retirees want to reduce taxable income in retirement. One way to do this is to delay taking Required Minimum Distributions, also known as RMDs. The tax code provides several legal methods that allow people to postpone these withdrawals without penalties. Understanding these options can help you manage your retirement
The holiday season in Irving, Texas is a time of joy celebration and giving. However with all the excitement the season brings you still need to plan your finances carefully. Did you know that the average American spends almost one thousand five hundred dollars on gifts during the holiday season
“What happens to my investments if the world goes sideways?” That’s what Mary asked me last week, right after she finished running a client’s therapy session and doom-scrolling through her three-page news feed. The headlines were bleak, and like many smart investors, she wanted to know what to do when
As wealth management strategies evolve, one financial tool has remained a key consideration for high-income earners in Texas: the Backdoor Roth IRA. This strategy allows individuals who exceed the income limits for Roth IRA contributions to still take advantage of the tax benefits that Roth accounts offer. But how does
Last month, I met with a woman who thought she was “taken care of” when it came to her taxes. She had a CPA, a solid income, and a W-4 on file she hadn’t touched in years. But when tax season rolled around, the IRS disagreed. She ended up paying
Every once in a while, I meet an investor who’s “too successful” with a single stock. Maybe it’s Apple, Nvidia, or Tesla — one of those household names that’s grown 10- or 20-fold over the years. It’s an incredible story, but it also creates a problem: how do you diversify
Have you ever ended a month and wondered how much money did you save? Or even worse, wondered how much you even spent? In today’s fast-moving world, managing your finances can seem like a Herculean task, particularly for those who currently make a good income, and is even worse if