How do we know that the stock market will continue to deliver strong returns like it has in the past? While the future is uncertain, history gives us important clues. In this episode, Deanne Rosso and Rob Fezekas discuss the importance of patience and long-term investing.In This Video, We Cover:✅ Why long-term investing has rewarded patient investors.✅ How capitalism drives stock prices higher over time.✅ Why market fluctuations don’t mean long-term failure.✅ The importance of staying the course with your investment strategy.At Elevate Wealth, we help clients build long-term financial plans and navigate market ups and downs with confidence.👉 Need help staying on track? Visit elevate-wealth.com and click “Let’s Talk.”🔗 Website: https://elevate-wealth.com🔗 Facebook: / elevatewealthadvisory 🔗 Instagram: / elevatewealthadvisory Subscribe to our channel and hit that notification bell 🔔 to stay updated on the latest investment strategies and financial planning tips!#AdviceInAction #ElevateWealth #WealthWise #FinancialFitness #FinancialReview #StockMarket #taxes #TaxCuts #TaxCutsAndJobsAct #InvestmentPhilosophy #RetirementPlanning #ElevateWealthAdvisory #FinancialMarkets #stocks #retirement #StockReturns #InvestmentStrategies #FinancialPlanning #WealthBuilding #wealthadviceforyourbestlife #election #politics #financialmarkets #financialplanning #yearendgiving #rmds #taxdeadlines #rothira #charity #charitablegiving #charitysupport #taxdeduction #WealthBuilding #FinancialPlanning #InvestmentStrategies #FinancialMarkets #InvestmentPhilosophy #TaxPlanning #TaxDeadlines #FinancialReview #RetirementPlanning #EfficientMarkets #Investing #StockMarket #FinancialEducation #ElevateWealth #Diversification #Investing #PortfolioManagement #StockMarket #FinancialPlanning #Investing #StockMarket #LongTermInvesting #FinancialPlanning #ElevateWealth

Diversification is often called the only "free lunch" in finance—but why is it so important? In this episode of Elevate Wealth, Deanne Rosso and Rob Fezekas explain how diversification helps investors control risk and minimize losses.What You’ll Learn in This Video:✅ How diversification helps reduce risk in a portfolio.✅ Why different assets behave differently in market cycles.✅ The simplest way to improve diversification in a stock portfolio.✅ Why adding short-term, high-quality bonds can provide stability.👉 A well-diversified portfolio is essential for long-term financial success. Want us to review your portfolio?Visit elevate-wealth.com and click “Let’s Talk.”🔗 Website: https://elevate-wealth.com🔗 Facebook: / elevatewealthadvisory 🔗 Instagram: / elevatewealthadvisory Subscribe to our channel and hit that notification bell 🔔 to stay updated on the latest investment strategies and financial planning tips!#AdviceInAction #ElevateWealth #WealthWise #FinancialFitness #FinancialReview #StockMarket #taxes #TaxCuts #TaxCutsAndJobsAct #InvestmentPhilosophy #RetirementPlanning #ElevateWealthAdvisory #FinancialMarkets #stocks #retirement #StockReturns #InvestmentStrategies #FinancialPlanning #WealthBuilding #wealthadviceforyourbestlife #election #politics #financialmarkets #financialplanning #yearendgiving #rmds #taxdeadlines #rothira #charity #charitablegiving #charitysupport #taxdeduction #WealthBuilding #FinancialPlanning #InvestmentStrategies #FinancialMarkets #InvestmentPhilosophy #TaxPlanning #TaxDeadlines #FinancialReview #RetirementPlanning #EfficientMarkets #Investing #StockMarket #FinancialEducation #ElevateWealth #Diversification #Investing #PortfolioManagement #StockMarket #FinancialPlanning

What do finance professionals mean when they talk about efficient markets? And is the U.S. stock market truly "efficient?" In this episode of Elevate Wealth, Deanne Rosso and Rob Fezekas break down the efficient market hypothesis and what it means for investors.In This Episode, You’ll Learn:✅ What defines an efficient market.✅ Why new information is quickly reflected in stock prices.✅ Whether investors can consistently beat the market.✅ Why most investors should act as though markets are efficient when developing their strategy.👉 Need help with your investment strategy? Visit elevate-wealth.com and click "Let's Talk!"🔗 Website: https://elevate-wealth.com🔗 Facebook: / elevatewealthadvisory 🔗 Instagram: / elevatewealthadvisory Subscribe to our channel and hit that notification bell 🔔 to stay updated on the latest investment strategies and financial planning tips!#AdviceInAction #ElevateWealth #WealthWise #FinancialFitness #FinancialReview #StockMarket #taxes #TaxCuts #TaxCutsAndJobsAct #InvestmentPhilosophy #RetirementPlanning #ElevateWealthAdvisory #FinancialMarkets #stocks #retirement #StockReturns #InvestmentStrategies #FinancialPlanning #WealthBuilding #wealthadviceforyourbestlife #election #politics #financialmarkets #financialplanning #yearendgiving #rmds #taxdeadlines #rothira #charity #charitablegiving #charitysupport #taxdeduction #WealthBuilding #FinancialPlanning #InvestmentStrategies #FinancialMarkets #InvestmentPhilosophy #TaxPlanning #TaxDeadlines #FinancialReview #RetirementPlanning #EfficientMarkets #Investing #StockMarket #FinancialEducation #ElevateWealth

When it comes to investing, two of the most important concepts to understand are Risk & Return and the Time Value of Money. In this episode of Elevate Wealth, Deanne Rosso is joined by our Director of Investment Policy, Rob Fezekas, to break down these fundamental principles and how they impact your investment strategy.In This Video, You’ll Learn:✅ Why higher risk often leads to higher expected returns.✅ How different asset classes, like stocks and Treasurys, compare in terms of risk and reward.✅ The Time Value of Money—how finance is like time travel and why a dollar today is worth more than a dollar in the future.✅ Why having a solid financial plan can help you navigate market uncertainty.💡 Investing doesn’t require a time machine—just a smart strategy! At Elevate Wealth Advisory, we help clients build investment plans tailored to their financial goals.🔗 To learn more about the steps to help save taxes over your lifetime, visit elevate-wealth.com and click "Let's Talk!"🔗 Website: https://elevate-wealth.com🔗 Facebook: / elevatewealthadvisory 🔗 Instagram: / elevatewealthadvisory Subscribe to our channel and hit that notification bell 🔔 to stay updated on the latest investment strategies and financial planning tips!#AdviceInAction #ElevateWealth #WealthWise #FinancialFitness #FinancialReview #StockMarket #taxes #TaxCuts #TaxCutsAndJobsAct #InvestmentPhilosophy #RetirementPlanning #ElevateWealthAdvisory #FinancialMarkets #stocks #retirement #StockReturns #InvestmentStrategies #FinancialPlanning #WealthBuilding #wealthadviceforyourbestlife #election #politics #financialmarkets #financialplanning #yearendgiving #rmds #taxdeadlines #rothira #charity #charitablegiving #charitysupport #taxdeduction #WealthBuilding #FinancialPlanning #InvestmentStrategies #FinancialMarkets #InvestmentPhilosophy #TaxPlanning #TaxDeadlines #FinancialReview #RetirementPlanning #InvestingBasics #RiskAndReturn #TimeValueOfMoney #WealthPlanning #FinancialEducation #ElevateWealth #InvestmentStrategy

Even though 2024 is over, you can still take steps to reduce your tax bill before the April deadline. Learn what last-minute moves you can make to save on taxes.

🔗 To learn more about the steps to help save taxes over your lifetime, visit elevate-wealth.com and click "Let's Talk!"

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Subscribe to our channel and hit that notification bell 🔔 to stay updated on the latest investment strategies and financial planning tips!

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Although it's almost March, there's still some steps you can take now to impact your 2024 tax return. Learn how today on Elevate Wealth. Hi, I'm Brian Rosso, and I'm joined again here with Deanne Rosso, our president and CEO. Hello, Brian! Hey, Deanne. So the tax deadline is really fast approaching, but there's still some things that you can do to both impact and potentially lower your 2024 tax bill, so what are some of those things? Yeah, that's right. A lot of times people think the calendar flips January 1 and everything you could have done for tax planning for the previous year is done. But there are quite a few things that you can still do up until April 15th or when you file your tax return. So a couple of those things are you can still make IRA contributions up until April 15th. IRA, traditional IRA, Roth IRA, or a combination of the two. You still have until you file your tax return, or at the latest April 15th, to make those contributions for the prior year, so that's one thing you could do. You could also contribute to 529 accounts for your kids' education. 529 accounts are very state-specific as far as what the rules are, and the tax deductibility, but in the state of Georgia there is a state tax deduction up to $4,000 per individual depositing for a beneficiary that you can deduct on your state tax return. So a married filing jointly couple for example could deposit $8,000 into a 529 for one of their children, deduct that on their state income tax return, and you've got until April 15th of the year, of this year, to do that to take advantage of that for last year's taxes. So another thing to think about is it's always fun this time of year when people get bonuses maybe that they earn from the prior year, and while that is taxable in this current year, what you can do is kind of to go back to the first point that I made if you hadn't made an IRA or a Roth IRA contribution for the prior year, you could use some of that bonus money I talked in a prior video about planning for raises and bonuses. So make sure you have a plan for how you're going to use that money before you get it because otherwise cash just tends to evaporate. Another thing that you can do on this last point is if you're a business owner you still have some time to make retirement plan contributions, so particularly if you're a small business owner, self-employed, you can open a SEP IRA and fund that SEP IRA up until October 15th if you extended your tax return. So those are just some things to keep in mind ... IRA contributions SEP Ira contributions, 529s all of those things are still available to make contributions to up until April 15th or October 15th if it's a SEP.Okay, so you do really still have a lot of flexibility even after the end of the year if you haven't filed your tax return. Absolutely you do. If you want to learn more, we're here to help, so visit elevate-wealth.com and click "Let's Talk!"

Tax loss harvesting is a powerful strategy that can turn market losses into tax-saving opportunities. Find out how it works and how it fits into a long-term tax plan.🔗 To learn more about the steps to help save taxes over your lifetime, visit elevate-wealth.com and click "Let's Talk!"🔗 Website: https://elevate-wealth.com🔗 Facebook: / elevatewealthadvisory 🔗 Instagram: / elevatewealthadvisory Subscribe to our channel and hit that notification bell 🔔 to stay updated on the latest investment strategies and financial planning tips!#AdviceInAction #ElevateWealth #WealthWise #FinancialFitness #FinancialReview #StockMarket #taxes #TaxCuts #TaxCutsAndJobsAct #InvestmentPhilosophy #RetirementPlanning #ElevateWealthAdvisory #FinancialMarkets #stocks #retirement #StockReturns #InvestmentStrategies #FinancialPlanning #WealthBuilding #wealthadviceforyourbestlife #election #politics #financialmarkets #financialplanning #yearendgiving #rmds #taxdeadlines #rothira #charity #charitablegiving #charitysupport #taxdeduction #WealthBuilding #FinancialPlanning #InvestmentStrategies #FinancialMarkets #InvestmentPhilosophy #TaxPlanning

How does tax loss harvesting work with tax planning? Learn more today on Elevate Wealth! Welcome back to Elevate Wealth. I'm Brian, and I'm joined here with our president and CEO Deanne Rosso. Deanne, welcome. Hey, Brian. Thanks! So when we talk about tax loss harvesting, what does that mean, and how can it help with tax planning? Yeah, that's a great question. Again, tax loss harvesting is one of those things that we say and we think people understand. And tax loss harvesting is one of those concepts that's almost a little counterintuitive, it almost seems opposite of what you should actually do as a good investor. So the analogy that I use a lot of the time when I explain this concept is making lemonade out of lemons, because one thing that we know about markets is that markets at times are going to to drop in value, they're going to go down. So what if for some of those funds that you have in that middle bucket...we've talked about tax buckets.. that tax advantaged bucket...what if you have a stock that drops in value? Well, you know on paper of course the value of that stock drops, but you don't actually realize that drop until you sell it. So as good investors, what we want to do is buy low and sell high and capture that gain. But when we have a time when the stock drops in value, what if we sold it while it was down and then we replaced it with something similar so we didn't lose any of the appreciation when the market came back up? But what we've just done by doing that is we've actually harvested that loss that we can then use to offset other capital gains that we have from other securities or that are generated in our portfolio. So that's what I mean by making lemonade out of lemons, because it might be a bad time in the market but you can actually take advantage of that in a specific type of account in order to help your taxes. Okay, so being proactive, tax loss harvesting, you're not missing out on that market return but really what you're doing is you're trading that volatility for opportunity. That's exactly right, and you do have to be proactive in order to have a strategy like that be successful. Okay. At Elevate Wealth, we specialize in building tax efficient strategies, both through tax loss harvesting and other tax planning strategies, so if you're not sure how this strategy may apply to you in your situation, visit us at elevate-wealth.com and click, "Let's Talk!"

Did you know where you hold your assets can impact your taxes? Learn how asset location can help optimize your tax strategy and boost after-tax returns in retirement.🔗 To learn more about the steps to help save taxes over your lifetime, visit elevate-wealth.com and click "Let's Talk!"🔗 Website: https://elevate-wealth.com🔗 Facebook: / elevatewealthadvisory 🔗 Instagram: / elevatewealthadvisory Subscribe to our channel and hit that notification bell 🔔 to stay updated on the latest investment strategies and financial planning tips!#AdviceInAction #ElevateWealth #WealthWise #FinancialFitness #FinancialReview #StockMarket #taxes #TaxCuts #TaxCutsAndJobsAct #InvestmentPhilosophy #RetirementPlanning #ElevateWealthAdvisory #FinancialMarkets #stocks #retirement #StockReturns #InvestmentStrategies #FinancialPlanning #WealthBuilding #wealthadviceforyourbestlife #election #politics #financialmarkets #financialplanning #yearendgiving #rmds #taxdeadlines #rothira #charity #charitablegiving #charitysupport #taxdeduction #WealthBuilding #FinancialPlanning #InvestmentStrategies

What is asset location? Learn how this strategy can help with tax planning today on Elevate Wealth. Hi, I'm Brian Rosso with Elevate Wealth Advisory and I'm joined here today with our president and CEO Deanne Rosso. Hey, Deanne. Hey, Brian. So we talk about asset location, but what exactly does that mean and how can it help with tax planning? Yeah, Brian, we talk about asset location a lot like we just think people understand what that means, but the main point is where you hold your assets matters. Which type of account you hold assets in makes a difference. So it does it matter which assets you hold in those accounts. Yeah, and so by assets we mean stocks, bonds, real estate. Right. And then you know you have your different account types like we talked about in our last video on tax buckets, and so what you want to do is you want to locate stocks, for example, which give off capital gains and dividends of better tax rates. Generally you want to hold those in that middle bucket in that tax advantaged bucket because you're going to pay a more tax efficient rate on those assets on the growth and on the gains of those versus like bonds or real estate for example, which can give off ordinary income, and you want to hold those types of Assets in like IRAs, 401ks, that tax deferred bucket that we talked about in the last video because regardless of whether or not they come out of a tax deferred account or out of a taxable account, every dollar is going to be ordinary taxable, or the gains on those are going to be taxed at ordinary rates. So I kind of think of it as like baking a cake. I'm a baker, and when you bake, you have to be really precise with the ingredients. When you cook you can kind of throw things together and be imaginative and come up with a good dish, but when you bake in order for the cake to rise and bake properly the ingredients have to go there in a very specific way. And so it's the same thing with asset location. Where you put the assets matters in order to get the most tax efficient return and use of those dollars in the long run so that your portfolio "cake," if you will, bakes up and rises correctly. So when we're utilizing asset location it can really stretch each dollar of savings to its maximum in retirement. That is exactly right. So if you need help optimizing your tax plan we're here to help. Visit elevate-wealth.com and click, "Let's talk."

Understanding tax buckets can help you maximize your retirement savings by strategically managing withdrawals. Learn how tax buckets work and how they can give you more control over your tax bill in retirement.

To learn more about the steps to help save taxes over your lifetime, visit elevate-wealth.com and click "Let's Talk!"

🔗 Website: https://elevate-wealth.com

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Subscribe to our channel and hit that notification bell 🔔 to stay updated on the latest investment strategies and financial planning tips!

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What are tax buckets and how can they help in retirement planning? Learn today on Elevate Wealth. Hi, I'm Brian Rosso and I'm joined here today with our president and CEO Deanne Rosso. Hey, Deanne! Hey, Brian! So we describe these tax buckets a lot with clients, and a lot of people don't really understand what we mean by tax buckets. So what do we mean when we talk about these various tax buckets? You're right, I do throw around this tax buckets term a lot and sometimes just assume people know what I mean, but what I mean or what we mean when we describe tax buckets to our clients is different types of accounts get different tax treatment and those tend to fall in three buckets. So if we think about the first bucket, and the reason we use buckets is we think about money pouring into the bucket when you add it into an account and then how it comes out like a little spout at the bottom that we turn on and how those dollars flow out of the bucket. So if we think about the first bucket we call that the taxable bucket, and when money flows into that, that is money that goes in pre-tax, and those are accounts like IRAs, 401ks, 403bs, annuities, anything that gives you tax deferral. And no taxes on the front end, it goes in that taxable bucket, and then in retirement when you turn that spout to turn on that income stream from that bucket, every dollar, every drop that comes out of that bucket is fully taxable at ordinary rates. So then we flip to what I'll say this the third bucket, which is tax-free, and that money that pours in that those are accounts like ROTHs, Roth IRA, Roth 401k, and those dollars that go in go in pre without tax or I'm sorry after-tax. So you've already paid tax on those dollars that flow in there and then in retirement when you turn on that spout all those dollars and the growth come out completely tax-free. And then there's this middle bucket that we call tax advantaged and that one is account types like joint or individual investment accounts, your mutual funds, stocks, bonds that generate capital gains, your home could be considered in that bucket, your savings accounts... but things that generate capital gains and dividends that are taxed lower than ordinary income tax rates. So when you pour the money in it's after-tax it's allowed to grow inside, and you pay tax on the growth along the way at capital gains rates typically and then when you turn on that spout in retirement and those dollars flow out, those dollars are typically taxed at a tax advantaged rate, which is why we call the bucket tax advantaged. Okay, so when we're thinking about these different spouts and levers we can really have some control over how much we turn on each spout and pull each lever. That's exactly right. So that can really benefit you and help maximize your tax savings over time. Absolutely. I really like to use that example a lot with clients, and we're here to help. So if you're still wondering how these tax buckets and levers and spouts can apply to you, visit us at elevate-wealth.com and click, "Let's Talk!"

Small tax law changes can make a big difference in your retirement strategy. In this episode of Elevate Wealth, Clarke Holt and Deanne Rosso dive into why proactive tax planning is essential for maximizing your retirement savings.In This Video, You’ll Learn:

✅ How tax brackets and deductions for 2025 impact your retirement.

✅ Why staying ahead of tax changes can help you minimize your tax burden.

✅ The importance of optimizing withdrawals and using tax-advantaged accounts like HSAs and FSAs.

At Elevate Wealth Advisory, we specialize in aligning retirement plans with smart tax strategies to help your savings last longer. Want to optimize your tax plan for retirement? Visit elevate-wealth.com and click “Let’s Talk” for personalized advice.

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Small tax law changes can have a big impact on your retirement strategy. We'll explain today on Elevate Wealth. Hi, I'm Clarke Holt with Elevate Wealth Advisory and I'm happy again to have Deanne Rosso with us, our president and CEO/ Thanks again, Deanne. Hey, Clarke, I'm glad to be here. So the new numbers for tax brackets and deductions for 2025 have come out. So just help us understand what proactive tax planning means. Oh, that's a great question. I think that tax planning is the often overlooked hidden gem of financial planning. There are so many things in financial planning that we can't control. We can't control markets. We can't control governments. We can't control the political scene. But what we do have some sense of control over is taxes. And so when tax laws change, what we need to do is we need to pivot, and we need to change our financial plans and how we're doing things financially in order to take advantage of whatever the tax landscape is at the time. So for instance, right now you know as we as we're in a New Year, limits increase so 401K contribution limits increased, Health Savings Account limits increased, so we can take advantage of those things. The tax brackets, the amount of income that you can take in each marginal tax bracket increased a little bit, so that helps you make sure that you are minimizing the income tax that you pay on the income that you earn also in retirement. It's just really important in those working years to save in the right ways so that by the time you get to retirement you have different sources of income that you can pull the levers on in order to maximize how you take that income to minimize your income tax. So tax planning is more than just a small thing. I think it's a huge thing overall in retirement income planning. So I think it's so important that at Elevate Wealth one of the things that we do is we align our clients' retirement income strategies with smart tax strategies, ensuring that their savings will last longer and work harder for them. Absolutely, that's right, so if you want to optimize your tax plan feel free to reach out at elevate-wealth.com and click, "Let's talk." Thanks!

💰 What Are the 2025 Updates for Estate Planning and Gift Taxes? 🏡Planning to pass on wealth to your heirs? The 2025 updates bring greater flexibility to estate planning and gift taxes, helping you preserve more of your legacy. In this episode of Elevate Wealth, Clarke Holt and Deanne Rosso break down the latest changes and how you can take advantage of them.You’ll Learn:✅ Increased estate tax exclusion of $13.99 million for 2025 – pass on more tax-free!✅ Annual gift tax exclusion rises to $19,000 per recipient.✅ How to structure gifts and plan your estate with tax efficiency in mind.🌟 If you’re looking to create a tax-efficient strategy for transferring wealth, we’re here to help. Visit elevate-wealth.com and click “Let’s Talk.”🔔 Subscribe for more tips on estate planning, wealth transfer strategies, and building a lasting legacy.🔗 Website: https://elevate-wealth.com

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Are you planning to pass on wealth to your heirs? The 2025 tax updates offer increased flexibility. We'll lay it all out today on Elevate Wealth. Welcome back to Elevate Wealth. I'm Clarke Holt. I'm your host again this week, and I'm happy to have with me Deanne Rosso, our president and CEO. Thanks, Deanne, for being here. Good to see you, Clarke. So, Deanne, many of our clients enjoy giving to their families. What's changed from 2024 to 2025 when it comes to Estate Planning and gift taxes? Oh, that's a great question. You know, a lot of our clients do as you just said, they enjoy making gifts their families, whether that's during their lifetime or planning for their estate to leave funds to their heirs, or their friends and their family. So what's changed from 2024 to 2025 is the estate tax exclusion has actually risen to 13.99 million and what that means is any individual can leave $ 13.99 million to their heirs and their estate before any type of federal estate tax is triggered, so that's a really high level. Also, you can double that between spouses when the first spouse passes away, they can leave 13.99 million, and then when the second spouse passes away they can leave 13.99 million, and also any of the remainder of the spouse that predeceased them, they can leave that amount too. So a couple can effectively leave almost $28 million in assets to their heirs before any federal estate tax is triggered/ So that's a really nice high exemption amount from federal estate tax. But sometimes as you know in our office we tell our clients or our clients kind of tell us like we would prefer to give with a warm hand rather than a cold one, meaning you know we want to make gifts to our friends and our family during our lifetime rather than at death, and so that's where gift tax comes in. You can give this year, that gift tax limit has also increased to $19,000 per person, so any individual can give $19,000 to any other individual before they have to report it and before there's any type of gift tax imposed on that. It also doubles with spouses, as well. That's a really easy one to keep in mind that I can give $19,000 to any individual I choose and I can give $19,000 to my son and I can give $19,000 to my husband, I can give $19,000 to my brother and I give $19,000 to my next-door neighbor, but as long as I don't go over $19,000 per individual there's no filing that I have to do for gifting. Fantastic. Thanks, Deanne. Sure! At Elevate Wealth, we specialize in helping retirees create tax efficient strategies for transferring wealth to the next generation. Let us help you protect your legacy. Visit elevate-wealth.com and click, "Let's Talk. Thanks!