2024 IRA and HSA Contributions Reminder
As we navigate market fluctuations, it’s also important to remember key deadlines for retirement contributions. Please note that the deadline for 2024 Traditional IRA, Roth IRA, and HSA contributions is April 15, 2025. IRA Contributions: To contribute to a Traditional or Roth IRA, you must have earned income from W-2 or 1099 employment. The 2024 […]
Securing Your Future: Reclaiming Lost Retirement Benefits
Many Alaskans, like individuals across the nation, find themselves with unclaimed retirement benefits, often due to career transitions or simply losing track of older accounts. At Alaska Wealth Advisors, we recognize the importance of securing your financial future and are committed to guiding you through the process of reclaiming these valuable assets. The Significant […]
Unlock Your Full Financial Potential: Integrating Your Retirement Assets for Optimal Results
Are you maximizing the potential of your entire financial portfolio? For many, employer-sponsored retirement accounts like 401(k)s and 403(b)s represent a significant portion of their wealth. Historically, these assets have often remained siloed, managed separately from your overall financial plan. But what if you could integrate them seamlessly, ensuring they work harmoniously with your long-term […]
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 […]