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Josilyn Eichorn

The Pre-Flight Checklist: Double-Check Your Beneficiaries

When we flew in Jim’s Cessna 170, we had no idea it would be the last time. For years, my son has shared his dream of becoming a pilot. Spending time with Jim and flying in his plane is a memory we will never forget. Jim was a passionate aviator and generously shared his love of flying with my son. Shortly after this flight, Jim was diagnosed with a terminal illness and passed away months later.

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What the ESTA is Going On?

If you’ve been waiting to hear the status of the Earned Sick Time Act (ESTA) before updating your leave policy, you’re in good company. We had hoped that there would be some movement on this during the end of the year lame duck legislative session but weren’t that lucky. Fortunately, […]

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To ILIT or not to ILIT? That is the Question.

While William Shakespeare once penned, “To be or not to be, that is the question” – when consulting on life insurance planning options, we field a similar question from clients, “To ILIT or not to ILIT?” Ultimately, should an Irrevocable Life Insurance Trust (ILIT) own my life insurance policy?    […]

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Employers No Longer Need to Automatically Distribute ACA Reporting 1095 to Employees – Effective Immediately

We all know healthcare costs increase annually. Medical trend increases are based on higher costs for prescription drugs, advancement in medical technologies, reinsurance costs and regulatory changes. So, what are the reasons for the higher than normal premium rates as we approach 2025? The aftereffects of COVID are creeping into the system. 

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Understanding the New Catch-Up Contributions and Retirement Plan Limits for 2025

Understanding the New Catch-Up Contributions and Retirement Plan Limits for 2025 Enhanced Catch-Up Contributions for Ages 60 – 63 Starting in 2025, individuals aged 60 to 63 will benefit from increased contribution limits. This change is part of SECURE Act 2.0, designed to help older workers boost their retirement savings […]

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InvestED | GIVE CASH LAST: Top 6 Ways to Donate to Receive the Biggest Tax Break

Give Cash Last: Top 6 Ways to Donate to Receive the Biggest Tax Break When meeting with our philanthropically minded clients, we often say, “give cash last.”  Donating cash is simple, but it’s not always the most tax efficient.  As we are nearing the end of the year, many clients […]

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InvestED | Teen’s First Paycheck? 3 Financial Moves to Help Them Thrive

When our oldest got her first job, we were thrilled for her!  As her parents, we were trying to balance being excited while helping her learn how to manage the bigger paychecks than she had seen in the past from babysitting and other odd jobs.  As your teen(s) start earning […]

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