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News and information to help improve your Four Capitals
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Cybersecurity

Understanding Deepfakes: What They Are, How to Spot Them, and How to Protect Yourself

In recent years, the term “deepfake” has become increasingly common, often accompanied by concerns about its potential misuse. But what exactly is a deepfake, how can you identify one, and what steps can you take to protect yourself from deepfake-related crimes? Let’s dive into these questions. What is a Deepfake? A deepfake is a type

Posted By Jennifer Specter
February 24, 2025
Financial Planning

Health Savings Accounts (HSAs) – 2025 Limits

A Health Savings Account (HSA) is a tax-advantaged medical savings account available to individuals who are enrolled in high-deductible health plans. HSAs have three main tax advantages.

Posted By Alyssa Dalbey
February 24, 2025
Retirement Planning

2025 Retirement Plan Contribution Limits

Retirement plan contribution limits are reviewed each year and are occasionally adjusted by the IRS. Table 1 below summarizes retirement plan contribution limits for 2025. Table 1: Retirement Plan Contribution Limits (2025) Retirement Plan Type 2025 Contribution Limit Catch-up Contribution Limit Individual Retirement Account (IRA) $7,000 Age 50+: $1,000 Simple IRA $16,500 Ages 50-59: $3,500

Posted By Alyssa Dalbey
January 20, 2025
Tax Planning

Year-End Tax Planning Strategies for 2024

The wealth management team at Schultz Financial Group (SFG) conducts annual year-end tax planning throughout the fourth quarter. This year has been a year of uncertainty in the markets, and yet we have experienced a market rally. While some uncertainty remains around what the future holds once the Tax Cuts and Jobs Act of 2017

Posted By Alyssa Dalbey
November 13, 2024