RMR Wealth Builders, Inc.

💡 January is National Financial Wellness Month. How confident do you feel about your finances? When we think about financial wellness, it often centers on numbers: #️⃣ Account balances #️⃣ Investment returns #️⃣ Debt levels However, true financial wellness is about more than the numbers. It’s about the sense of confidence that comes from having a thoughtful strategy for today and tomorrow. Think of it like your physical health: 👉 Consistent care and proactive preparations 👉 Regular check-ins and adjustments 👉 Partnering with a professional to stay on track It’s not a “set it and forget it” situation. Financial wellness is an ongoing journey, and having support can make all the difference. As the new year begins, consider giving your financial health a checkup. Whether that’s revisiting your retirement strategy, updating your budget, or discussing your goals, investing in your financial wellness now can lead to greater confidence in you and your family’s future. 🎯 #FinancialWellness #FinancialEducation #Investing #FinancialGoals #RetirementPlanning #WealthBuilders #FinancialIndependence #PersonalFinance #FinancialPlanning

🎉Please join us in congratulating Alexander Salton, CFP®, CRPS®, Joseph Randazzo, MBA, Michael Luis, Natasha Gomes, Nick Cooper, and Ryan Goudie, CPFA®, CRPS®, CFP® on their new roles. Their expertise and passion will help drive success in their key focus areas. Congratulations to each of you as you embark on this new chapter! 👏 #CareerSuccess #professionalgrowth #TeamCelebration #LookingAhead #WealthBuilders

🎉 Happy New Year! Wishing you a year filled with good health, exciting opportunities, and meaningful moments with those who matter the most. May 2025 be a year of growth, happiness, and fulfillment for you and your loved ones. ✨ #HappyNewYear #NewBeginnings #2025Goals #HealthAndHappiness

As 2024 wraps up, it's a great time to reflect on what we've learned and prepare for the year ahead. 📈 Market Volatility: Strong overall performance, but with plenty of ups and downs—highlighting the value of staying focused on long-term goals. ✂️ Fed's New Direction: Rate cuts to support the labor market have wide-reaching effects, proving how impactful the Federal Reserve's impact is on financial markets. 🤖 AI's Rise: The rapid adoption of AI has reshaped industries, driving both opportunities and challenges for investors. 🌐 Global Events & Market Sentiment: Unexpected events can quickly sway markets, underscoring the need for resilient strategies. 2025 will be a year of both new opportunities and challenges. Diversification, patience, and consistency are the key components when reviewing your investment strategy. Reviewing your investment strategy through scenario-based financial planning provides the guidance and clarity needed to make a more informed decision. Check-in with a financial professional at RMR Wealth to make information decisions backed by understanding your investment strategy. #FinancialEducation #Investing #FinancialGoals #RetirementPlanning #WealthBuilders #FinancialIndependence #PersonalFinance #FinancialPlanning

Happy Holidays to you and your family! During this festive season, we cherish our most meaningful connections and spread joy throughout our communities. Whatever traditions you celebrate, may your holidays be filled with happiness, laughter, and time spent with those who matter the most. Wishing you and your loved ones a wonderful holiday season and a bright start to the New Year. 🌟 #HappyHolidays #CommunitySpirit #FinancialGoals #RetirementPlanning #WealthBuilders #FinancialIndependence #PersonalFinance #FinancialPlanning

🎉 2025 is Almost Here! 🎉 As the year winds down, it’s the perfect time to check off a few smart money moves: 💸 Maximize Tax Savings: Remember that up to $3,000 of capital losses in excess of capital gains can be deducted from ordinary income, and any remaining losses can be carried forward to the coming years. 🎁 Embrace the Giving Season: More than 1/3 of annual donations happen between Thanksgiving and Christmas. Consider making your contribution before 2024 ends. 📜 Review Beneficiaries: When’s the last time you reviewed your beneficiary designations? Make sure they reflect your current wishes. A financial professional at RMR Wealth is here to help with your year-end strategies. 🔎📆 #YearEndMoneyMoves #TaxSavings #CharitableGiving #FinancialEducation #Investing #FinancialGoals #WealthBuilders #PersonalFinance #FinancialPlanning

🎯 As the year winds down, here are 8 year-end tax ideas to consider: 1️⃣ Schedule a 12-Point Tax Return Review with RMR Wealth. 2️⃣ Check your retirement contributions to your 401(k), IRA, and HSA limits. Are you hitting the limits? 3️⃣ Charitable giving: Have you considered donating appreciated securities and other options? 4️⃣ Investment portfolio review: Talk with your financial professional about any rebalancing that may be needed and if there are any tax-loss harvesting opportunities. This post is not a replacement for real-life advice. Consult your tax, legal, and accounting professionals before modifying your tax strategy. 5️⃣ Business owners: Now is a great time to review estimated tax payments and determine whether you need to purchase any equipment. Your tax professional may also help here. 6️⃣ Estate management check-up: Have you utilized annual gift exclusions? Is your trust funding on track? 7️⃣ Roth conversion opportunities: Have you analyzed potential long-term tax benefits? 8️⃣ Review required minimum distributions (RMDs): Don't forget inherited accounts! Here are some housekeeping items to remember: 1️⃣ Once you reach age 73, you must begin taking required minimum distributions (RMDs) from your 401(k), IRA, or any other defined contribution plan in most circumstances. Withdrawals are taxed as ordinary income and, if taken before age 59½, may be subject to a 10% federal income tax penalty. 2️⃣ If you spend your HSA funds on non-qualified expenses before age 65, ordinary income taxes may apply, and it may result in a 20% penalty. But, after age 65, you may be required to pay ordinary income tax if the funds are used for non-qualified expenses. Also, keep in mind that contributions are exempt from federal income tax but, in some cases, are not exempt from state tax. 3️⃣ To qualify for the tax-free and penalty-free withdrawal of earnings, Roth IRA distributions must meet a 5-year holding requirement and occur after age 59½. Tax-free and penalty-free withdrawals can also be taken under certain other circumstances, such as the owner's death. The original Roth IRA owner is not required to take minimum annual withdrawals. 🕒Be prepared for the 2024 tax year. A financial professional at RMR Wealth can help you create a year end tax strategy. #FinancialStrategy #YearEnd #TaxManagement #FinancialEducation #Investing #FinancialGoals #RetirementPlanning #WealthBuilders #FinancialIndependence #PersonalFinance #FinancialPlanning

Last week RMR Wealth hosted our Pillar Awards Dinner. This dinner is an opportunity to reflect on the year and celebrate our milestones! Congratulations to Sierra Egge, Jennifer Aimone-Seiler, CFP®, MBA, AIF®, Dennis Karpenko, Tyler Whitehouse CFP®, CAP®, Stephan Collaro, CFP®, and Michael Luis for setting the standard for excellence within our team. Their dedication, innovation, and leadership have set new standards in our community. RMR Wealth is thankful to have exceptional team members who continually drive our success. We look forward to 2025 and celebrating more achievements together! 🎉👏 #CompanyGoals #TeamCelebration #YearInReview #LookingAhead #CompanyAwards #WealthBuilders

As December 31 approaches, don't forget to check your pre-tax health accounts: 1️⃣ FSA (Flexible Spending Account): • Review your balance • Consider using the remaining funds for eligible expenses • Remember: many FSAs have a "use it or lose it" policy 2️⃣ HSA (Health Savings Account): • Check your year-to-date contributions • Consider adjusting your contribution amount in 2025 if appropriate • Remember: 1) HSAs roll over, and 2) contribution limits reset annually Any money withdrawn from your HSA for a nonmedical reason is considered taxable income and faces an additional 20% penalty. This penalty is void after age 65; however, withdrawals would still become taxable income. Remember, once you start Medicare, you can no longer contribute pre-tax dollars to your health savings account (HSA). 3️⃣ DCFSA (Dependent Care FSA): • Verify your balance • Don’t forget to submit receipts for eligible expenses (you have until April 30, 2025, but it's best to stay on top of these things) Take a few moments to check up on any FSA accounts and HSA before the year ends. #HealthSavings #TaxStrategy #FSA #HSA #YearEndStrategy

We are honored to be recognized as one of "America's Top Financial Advisory Firms 2025" by Newsweek.🎉 Since 1986, our mission has been to provide our clients with thoughtful and creative solutions that will make a positive difference in their lives, taking them from where they are to where they want to go. Our growth is not possible without the contributions of each team member, advisor, client, and strategic partner. Growth is a mindset shared by our entire organization as we continue our mission to serve our clients and the communities we serve. Visit our blog to read the full article and our disclosure on third-party rankings. Visit Newsweek's website to see the full list or to learn more about the methodology used by Plant-A Insights Group and Newsweek - https://lnkd.in/gUwUVAY4 #CompanyGoals #FinancialEducation #Investing #FinancialGoals #RetirementPlanning #WealthBuilders #FinancialIndependence #PersonalFinance #FinancialPlanning