Albert Einstein reportedly once told his accountant, “the hardest thing in the world to understand is income taxes.” Decades later, his observation remains just as relevant—if not more—given the increasing complexity of our tax system. While April 15 marks...
Investors have faced several market concerns early in the year around tech stocks, interest rates, and government policy. Among these factors, it’s no surprise that trade policy has emerged as particularly significant for markets. President Trump has launched various...
In a historic move, the Social Security Fairness Act has become law, marking a transformative shift in how those with pensions across the United States access their Social Security benefits. For decades, provisions like the Windfall Elimination Provision (WEP) and the...
The dawn of a new year brings a fresh opportunity to take control of your financial well-being. In 2025, financial resolutions are not just about cutting costs—they’re about designing a financial strategy that aligns with your values and goals. Whether you’re...
Markets demonstrated resilience in January despite significant policy shifts and technological developments. The first month of 2025 saw President Trump’s return to office, groundbreaking AI developments from China, and the Federal Reserve maintaining its...
Retirement is a milestone many eagerly anticipate—a time for relaxation, pursuing hobbies, and cherishing family moments. But when it comes to managing retirement accounts, a surprising majority of retirees may be missing an opportunity with their Required Minimum...
Take stock of your cash flow. Spend time reviewing your total income vs. expenses for 2024 and determine: (1) Were you net positive (i.e., you brought in more income than went out in expenses), (2) How much did you save throughout the year? (3) What percentage of your...
As 2025 is officially underway, there are significant unknowns regarding the future of the U.S. tax landscape. The current tax system, largely shaped by the Tax Cuts and Jobs Act (TCJA) of 2017, is set to undergo substantial modifications due to the scheduled...
As the year winds down, investors already looking to be tax efficient within their non-retirement investment portfolios may get an unwelcome surprise: year-end capital gain distributions from mutual funds. While these distributions might seem like a positive...
One of my favorite songs from 1980’s band, Journey, seems to best capture this year for investors: “Don’t stop believin’, hold on to that feelin’.” 2024 has been a year of major market, economic, and political concerns for many investors. Worries...
As we approach the end of another year, it’s time to take a step back and reflect on our financial journey. At Tenet Wealth Partners, we believe that conducting a comprehensive year-end financial review is not just a good practice—it’s an essential step...
As dedicated financial advisors and planners, we are constantly looking for innovative ways for our clients to save for, and secure, their retirement wishes. One unique solution that has gained popularity amongst small business owners, especially among dentists and...
Financial markets have delivered remarkable performance thus far in 2024, giving investors numerous reasons for optimism this holiday season. Despite facing challenges, including Federal Reserve policy shifts, election uncertainty, and geopolitical tensions, major...
As the year draws to a close, savvy investors are turning their attention to tax-efficient investment strategies. The impact of taxes on investment returns can be significant, often eroding a substantial portion of your hard-earned gains. Understanding and...
After a historic campaign, Donald Trump has won the 2024 presidential election and Republicans have won control of the Senate. It’s clear that political outcomes can influence our daily lives and the direction of the country. However, regardless of which side of the...
In recent weeks, investors have witnessed an intriguing phenomenon: long-term interest rates have climbed despite the Federal Reserve’s recent rate cuts. The 10-year U.S. Treasury yield, a key benchmark, has surged from 3.62% to as high as 4.38%. This...
In the heart of Champaign, Illinois, where the bustling university town meets the serene Midwestern landscape, John and Sarah Thompson found themselves at a crossroads. At 58 and 56 years old respectively, this pre-retiree couple had spent decades building their...
As the year draws to a close, many individuals and families turn their attention to charitable giving. This end-of-year focus on philanthropy isn’t just about embracing the holiday spirit; it’s a strategic approach that can make a significant impact on...
As the year draws to a close, many investors will find themselves considering beneficial planning strategies, especially those that may provide current or future tax benefits. One powerful tool that often comes into focus this time of year is a Roth conversion. At its...
As the year draws to a close, many individuals and families find themselves reflecting on their financial decisions and contemplating ways to make a meaningful impact. Year-end charitable giving presents a unique opportunity to do just that, allowing you to support...