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
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.
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
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