Once you enroll in Medicare, you can no longer contribute to your Health Savings Account anymore but you can still use it tax-free for the rest of your life. In
Iowa’s tax landscape has undergone significant changes, creating a more favorable environment for Iowa residents, particularly those entering or already enjoying retirement. Navigating Iowa’s New Tax Landscape With recent tax
For investors in Cedar Rapids, building long-term wealth is more than just picking up the right stocks or mutual funds; it’s about making smart financial planning decisions that protect and
Introduction: Why Your Advisor’s Fee Structure Matters for Your Future Understanding how your financial advisor is paid is one of the most important factors as you search for the best
One of the key items on your tax return is a set of figures called Adjusted Gross Income, often called AGI, or Modified AGI, often called MAGI. These numbers determine
We are excited to announce that Arnold & Mote Wealth Management is now a flat-fee financial advisor. Our clients have one flat fee, billed monthly or quarterly, for both financial
Calculating the MAGI to be eligible for Roth contributions is one of the most common misunderstandings we see when tax planning with our clients. One confusing part of our tax
One of the most significant changes to 2025 is a new, extra catch-up contribution amount available for those between ages 60 and 63 in their 401(k), 403(b), or other employer
Rules for required distributions from inherited IRAs have changed significantly in recent years. For several years, there was uncertainty regarding how recent tax laws, such as the SECURE Act, applied
When a loved one passes away and leaves behind property, you may be required to pay Iowa inheritance taxes. How much, or whether you pay any inheritance taxes at all,