The Surprising Way Families Are Using 529s
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From tax advantages to legacy planning, see why 529s are becoming one of the most versatile wealth tools.
Our goal each month is to keep you informed on topics that can make a meaningful difference in your financial life. With September being College Savings Month, it’s the perfect time to highlight new strategies for making the most of 529 plans, which today offer powerful opportunities for tax-free growth and legacy planning, not just paying for tuition. In this issue, we introduce our September webinar, where we’ll explore how families are using 529s to provide tax-free growth and build wealth for future generations. We also answer common questions about Medicare IRMAA and share insights from our recent Yahoo Finance interview on how the latest tax law could impact retirees — including new deductions and key income thresholds to watch. As always, we appreciate the trust you place in us and welcome your questions. If something in this newsletter sparks a thought about your own financial plan, please don’t hesitate to reach out. We look forward to meeting with many of you soon during our fall client meetings. The Arnold & Mote Team September Webinar: Beyond Tuition - Unlocking the Hidden Power of 529 AccountsBy now, you probably know that 529 college savings accounts are one of the best ways to set aside money for future education costs. In fact, when used strategically, 529 plans can offer powerful tax advantages, long-term compounding, and even a way to pass on wealth to future generations. These features make them one of the most versatile tools in modern financial planning. In this webinar, we’ll cover:
With new tax law changes now in effect, this is the perfect time to revisit how 529s fit into your financial plan. This session is valuable for parents, grandparents, or anyone interested in tax-smart ways to build and transfer wealth. Join us for the live broadcast at noon Central Time on Friday September 26th, streamed on our YouTube channel here:
Want a reminder before we go live? Click the button above and subscribe to our channel to be notified as the webinar begins: If you can't attend live, a replay of the webinar will be accessible immediately after and available alongside recordings of all previous webinars on our YouTube channel. If there are questions you'd like to have answered, simply reply to this email and let us know! Last Month's Webinar RecordingIf you missed last month's webinar, here is the recording of "Understanding Direct Indexing - Pros and Cons of Added Tax Loss Harvesting" From the Arnold & Mote BlogArticle: Frequently Asked Questions About Medicare IRMAAIRMAA (Income-Related Monthly Adjustment Amount) is a surcharge added to Medicare premiums based on your income. This surcharge can add thousands of dollars each year to your Medicare premiums. In this article, we answer three common questions we get asked about Medicare IRMAA:
If you’re new to IRMAA, the article also links to our in-depth guides that explain how it works, who it affects, and strategies you can use to reduce or avoid it.
Arnold & Mote Featured in the Press Yahoo Finance: "What the New Tax Law Means for Upper-Middle Class Retirees"The new tax law introduces several changes to the tax code that may affect retirees. In this interview for Yahoo Finance, we highlight a new $6,000 tax deduction for those age 65 and older. However, eligibility depends on your income. Staying under the thresholds can maximize your tax benefits, while exceeding them could eliminate this deduction. In the interview, we also discuss what these new rules could mean for retirement planning and how to position yourself to take full advantage.
See our other recent press mentions on our Press Page.
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Whether you’re new and want to browse newsletters you missed or are trying to follow up on a topic from a few months ago, we’re now publishing all newsletters at the link above. We'll also keep this link at the bottom of all future newsletters.
Quinn and the Arnold & Mote Wealth Management Team (319) 393-4020 Contact Us | Blog | arnoldmotewealthmanagement.com Facebook | LinkedIn | YouTube You are receiving this newsletter because we've talked with you in the past about financial planning and wealth management. Privacy Policy The information herein was obtained from various sources. Arnold & Mote Wealth Management does not guarantee the accuracy or completeness of such information provided by third parties. The information given is as of the date indicated and believed to be reliable. Arnold & Mote Wealth Management assumes no obligation to update this information, or to advise on further developments relating to it. This is for informational purposes only. Investing may involve risk including loss of principal. Past performance is no guarantee of future results. |