Fixed, variable and indexed annuities each function differently, which makes timing and strategy important. Year-end is a good opportunity to review these choices and consider whether they align with your broader retirement plan.
Here are a few things to consider if you’re contemplating annuities as the year comes to an end:
Read MoreTax season begins in January, but the steps you take before the end of the year could eliminate any potential surprises and reduce your bill.
From maximizing deductions to reducing liabilities, here are six year-end moves that could put you in a better position when you file.
Read MoreIRS income limits block direct contributions for higher earners. In 2025, single filers with a modified adjusted gross income (MAGI) above $150,000 (and joint filers above $236,000) can’t contribute directly.
But high-income earners aren’t totally locked out. It’s possible to leverage a backdoor Roth IRA to work around these income limits.
Read MoreAt Palm Beach Accounting and Financial Services, we specialize in working with entrepreneurs whose financial circumstances demand more than basic tax preparation. Here’s how our approach to tax planning stands out—and why that difference matters, particularly for those with complex income streams, multi-entity operations, or long-term wealth goals.
Read MoreIt’s never too early to start preparing your child for financial success. Whether you're thinking about college, a first car or helping them build smart money habits, putting the right savings tools in place now can make a big difference later.
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