Maximizing Your Retirement Savings in 2025
With the new year rapidly approaching, so is the opportunity for increased contribution limits. The SECURE 2.0 Act of 2022 has allowed the IRS to make cost-of-living adjustments to many retirement plans regarding maximum contributions and deductions as well as changes in applicable income brackets. The IRS has announced new limits for 2025 in addition […]
Introducing Alaska End-of-Life Alliance
Welcome guest author Rachel Bernhardt. Rachel is a cofounder and board member of the Alaska End-of-Life Alliance. After a decade of working as a tissue donation coordinator, Rachel dedicated her professional life to empowering Alaskans to receive the care they want at the end of life and after death. Introducing Alaska End-of-Life Alliance Death is […]
Financial Planning Tips for Young Professionals
Financial Planning Tips for Young Professionals As a finance student in my senior year at the University of Alaska Anchorage, I’ve had the unique experience of creating a small media business and making strategic investments in digital currency to help fund my college education. My goal is to become an expert in the field of […]
Creating a Financial Plan for Every Stage of Life
Financial planning is not a one-size-fits-all approach. Just as your financial goals, responsibilities, and priorities change over time, so should your financial strategy. Whether you are just starting out in your career, building a family, or preparing for retirement, a well-structured financial plan can help you stay on track and achieve your objectives. Here are […]
Health Insurance – Fall Open Enrollment Periods
As the daylight hours are dwindling, we can look forward to fall and checking off those year-end tasks. Medicare and the HealthCare.gov marketplaces have overlapping open enrollment periods to obtain coverage starting January 1st of the following year. Those experiencing qualifying events may be subject to a special enrollment period outside of the following dates. […]
Navigating 529 Plan Withdrawals: Rules and Guidelines
Navigating 529 Plan Withdrawals: Rules and Guidelines With the return to college just around the corner – or the start of a new chapter for some – it’s a great time to revisit the uses and withdrawal mechanisms for a 529 account, also known by the IRS as a Qualified Tuition Program (QTP). We’ve previously […]
Protect Your Investments: Top 10 Steps With Schwab
At Alaska Wealth Advisors, we rely on Schwab as our trusted custodian to hold and safeguard our clients’ investments. The following list of ten practical steps is recommended by Schwab to help you and your advisor bolster the security of your account. While we are committed to defending our clients against cybersecurity threats with a […]
Estate Planning 101: Why it Matters and How to Take Action
DISCLAIMER: this post is for informational and educational purposes only. This post should not be taken as legal advice or used as a substitute for the same. You should contact an attorney licensed to practice in your state for advice regarding any legal matter. Estate planning is a critical aspect of financial management that often […]
Preparing for Back to School: Leveraging Flexible Spending Accounts for Childcare
As the back-to-school season approaches, parents find themselves amidst a flurry of activities and expenses. From school supplies and new clothes to extracurricular fees and childcare arrangements, the costs can quickly add up. One of the most effective ways to manage these expenses and maximize your savings is through a Flexible Spending Account (FSA) for […]
Protect Yourself from Online Scams
The internet offers a vast landscape of connection, information, and opportunity. Unfortunately, it also presents a breeding ground for scammers who prey on unsuspecting users. Protecting yourself from online scams is crucial for safeguarding your financial assets, personal information, and even your emotional well-being. This guide equips you with the knowledge to recognize common scams […]