BLOG

If you’ve spent decades building a large IRA, you may be surprised to learn that the IRS has a withdrawal schedule waiting for you at age 73. For high net worth retirees, RMDs can quietly push you into a higher tax bracket, increase your Medicare premiums, and trigger taxes on

If your household has a high private-sector earner and a South Carolina state employee, you may be sitting on the most powerful tax deferral strategy available to any American family — and 2026’s higher limits make it even better.​ The Dual Income Set Up Most high-earning families think about tax

What you focus on and measure matters. If you focus on the daily swings in the markets and your investments it will lead you to become overly active in your investments. If you focus on reaching your long term goals it will lead you to doing the things that take

For savvy investors and financial advisors, navigating the complexities of retirement planning often involves strategic maneuvers to optimize tax efficiency. Among these, the “Reverse Rollover” stands out as an exceptionally powerful, yet often underutilized, technique to convert non-deductible IRA contributions into a tax-free Roth IRA. If you’ve made after-tax contributions

The passage of the “Big Beautiful Tax Bill” has introduced sweeping changes to several components of the U.S. tax code, including significant reforms to the Premium Tax Credit (PTC) system under the Affordable Care Act (ACA). Beginning in 2026, households who rely on marketplace subsidies to offset the cost of

The recently passed “Big Beautiful Bill” (BBB) includes a provision creating a so-called “Trump Account” for all U.S. citizens born between 2025 and 2028. Each eligible child will receive a $1,000 contribution from the government, which must be invested in an index fund tracking the broad stock market, such as

In light of the drop in markets recently, we shared the following note Bob Veres sent out which perfectly captures Oak Street Advisors’ thoughts on the recent market pullback. The Awful Feeling of a Market Downturn Okay, is it all right to start panicking now? Many investors are asking themselves

The Social Security Fairness Act, signed into law in January 2025, repealed the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), restoring full Social Security benefits for public sector employees and their spouses. This repeal eliminates longstanding reductions in benefits for workers with government pensions and opens up new

Last month, Bryan Taylor was featured in two articles published by MoneyGeek, a website dedicated to personal finance content. Experts’ Insights on Basic Life Insurance Bryan Taylor, CFP® Vice President and Fiduciary Financial Advisor at Oak Street Advisors What are the major benefits and potential downsides of purchasing a basic

Planning for retirement is crucial, especially for small business owners who often have to manage both their business and personal finances. Fortunately, there are various retirement plan options tailored to meet the needs of small businesses. In this article, we explore four popular choices: the SIMPLE IRA, the SEP IRA,

Different circumstances call for different types of homeowners insurance coverage. There are eight options for homeowners insurance available and you want to ensure you have the appropriate coverage for your individual needs. Having the wrong coverage could leave you with catastrophic liabilities that could endanger your financial security or independence.

Heads up to all US business owners, that includes you, real-estate LLC! The Corporate Transparency Act (CTA) is a law that requires certain types of corporations, limited liability companies, and other similar entities created in or registered to do business in the United States to report their beneficial ownership information