How to Navigate 2026 Headwinds The news is heavy, and we understand if you’re feeling the weight of it and pressure to change your investment strategy. Between the onset of a war in Iran, escalation in tension and conflict throughout the Middle East, and a cooling labor market where unemployment has ticked up to 4.4%,…
If you are retired or planning for retirement, you may have heard about changes to Michigan tax laws and wondered how they impact your IRA withdrawals. Here is a clear, practical overview of what is changing and why it matters for your planning. The Big Picture Michigan recently updated how it calculates taxable income at…
As you are preparing to file your taxes this year, we want to help make your life a little easier. Below, you’ll find a comprehensive guide with important dates, resources, and tips to help you complete your 2025 tax return. To start, here’s a handy checklist to organize your tax filing process. At Pearl Planning,…
The SECURE 2.0 Act, signed into law at the end of 2022, introduced more than 90 changes to retirement savings plans. While some updates took effect in 2023 and 2024, others won’t begin until 2025 or later. Understanding how these changes impact your retirement strategy is key to making the most of the new rules….
When it comes to estate planning, many people assume a will is all they need. But oftentimes, a trust can offer more control, privacy, and flexibility. So, how do you decide which one you need or if you need both? This blog post is for informational purposes only and does not constitute legal advice. Estate…
Recent changes to 529 college savings plans, especially those introduced by the SECURE 2.0 Act, are making these accounts even more flexible and valuable. Though legislation passed in 2022, several important updates went into effect starting in 2024. New: 529-to-Roth IRA Rollovers One of the biggest changes is the ability to roll over up to…