Blog

Inherited IRA Rules Have Changed
Starting in 2025, most non-spouse beneficiaries must take annual withdrawals and fully deplete inherited IRAs within 10 years. These rules can impact taxes and estate plans, making professional guidance essential.

April marks a big moment for college-bound families. From financial aid letters to 529 plan withdrawals, it’s time to balance dreams with financial reality.

Professional Financial Advisors is thrilled to announce Brad Hisel as the Head of Business Development. With nearly a decade of experience in the industry, Brad is poised to make a significant impact on our team and our clients.

Many people lose track of old 401(k) accounts, with over 29 million unclaimed in the U.S. as of 2023. To find them, contact former employers, use online tools, or check with the Department of Labor. The new SECURE 2.0 Act will soon offer a searchable database to help locate lost accounts. Don't let your retirement savings go unclaimed.

Tax season heightens identity theft risks, with criminals filing fake returns to claim refunds. Early filing and staying alert to scams can help protect you. If targeted, contact the IRS and consult a tax professional.

Social Security is a key part of retirement planning, offering benefits beyond retirement. Understanding factors like delayed claiming and taxes can improve your financial strategy.

Many Americans stick to resolutions like improving health and saving money. To stay on track, break goals into monthly tasks, use budgeting apps, stop bad habits, learn new skills, and review insurance. We’re here to help with your financial journey.

As 2024 ends, we reflect on key financial trends and look ahead to 2025, ready to guide you through upcoming opportunities and challenges.