As the end of the year approaches, many tax planning opportunities begin to close. While there are numerous strategies available, most individuals and families benefit most from focusing on just a few core areas. Below are the three most common and impactful year-end tax strategies  to review before December 31. 1. Maximize Retirement Contributions One of the simplest and most effective ways to reduce current-year taxable income is to fully fund available retirement accounts.

The Department of the Treasury and the IRS have released official guidance on Trump Accounts , a newly created type of individual retirement account (IRA) designed to help children begin building long-term wealth. These accounts were introduced as part of the Working Families Tax Cuts , and while contributions cannot begin until July 4, 2026 , families can begin preparing now. Below is a comprehensive overview of how Trump Accounts work, who qualifies for the federal seed con

The IRS has released the updated retirement contribution limits for 2026, including new thresholds for 401(k)s, IRAs, SIMPLE plans, and income phase-outs. These annual cost-of-living adjustments give savers an opportunity to increase tax-advantaged contributions and strengthen long-term retirement strategies. Below is a breakdown of the key changes for 2026 and what they may mean for your financial planning. 401(k), 403(b), 457 & Thrift Savings Plan (TSP) For those contributi

When you roll over a 401(k) to an IRA, it’s easy to assume the money is automatically invested and continues growing. But that’s not how it works. Once the rollover is complete, the funds typically land in a settlement account — which is just a holding area in cash. Unless new investments are selected and purchased, your retirement savings may sit idle for months or even years, missing valuable market growth. Main Points: The Cash Trap:  Most custodians (like Schwab or Fideli

Retirement isn’t a single number or a one-time decision—it’s the result of many factors working together. At Whitener Capital Management, we call this “The Retirement Equation.” This equation highlights the different forces that shape your financial future. Some are entirely within your control, others you can influence, and some you simply can’t control at all. That’s where financial planning becomes essential—it’s the framework that helps bring all these moving parts togeth

Each year, September carries a reputation for being one of the more challenging months for the markets. Historically, from 1950 to 2024 ,...

A financial plan is more than a snapshot of your current finances—it’s a roadmap that helps you answer life’s biggest money questions...

Big Changes Ahead: What the New Tax Bill Means for Your Retirement Plan At Whitener Capital Management, we stay ahead of the curve to help you prepare—not just react—to changes in legislation that affect your financial future. One of the most significant updates to come out of Washington recently is the passage of a new tax bill that modifies the federal tax brackets, standard deduction, and certain credits, including changes that impact retirees and families. Here ’s what

At Whitener Capital , we keep a close eye on legislation that affects your retirement income — and 2025 is shaping up to bring some big...