Infinium Investment Advisors, LLC

As the affordable housing crisis continues to grip many parts of the country, state and local governments are exploring innovative solutions to generate funding for these critical initiatives. One approach gaining traction in the State of Massachusetts is the implementation of a "mansion tax" - a targeted levy on high-value residential properties. #mansiontax #affordablehousing #housingcrisis

The 401(k) contribution limit will rise from $22,500 in 2023 to $23,000 in 2024, a $500 increase. Additionally, the IRA contribution limit will increase from $6,500 in 2023 to $7,000 in 2024. This increase applies to both traditional and Roth IRAs, providing more opportunities for taxpayers to save for their golden years. #retirementplanning #wealthmanagement #investing #401k #IRA

Declining market expectations for interest rate cuts have not mattered to the stock market in the first half of the year Stocks at all-time-highs, Bonds looking more attractive, and Alternatives languishing recently after a stellar start to the year While the market is currently overbought, expect managers to chase winners into quarter-end #stockmarket #marketupdate #federalreserve

Leaving IRA assets to a trust, rather than to individual beneficiaries, can be a strategic move for those looking to exert more control over the distribution of their retirement savings.  #IRA #trust #beneficiaryIRA #SECUREact #estateplanning

As college costs continue to rise, it's more important than ever to have a solid plan in place to finance your child's education. Fortunately, 529 college savings plans have never been a better option. These powerful investment accounts offer unparalleled tax advantages and flexibility to help you maximize your savings. #529plans #collegeplanning #secureact #taxplanning

Policies related to mortgage interest deductions, rent control, zoning regulations, and affordable housing initiatives are all influenced by this ongoing debate. #homeownership #renting #mortgageinterestdeduction

Be aware of possible double taxation amongst states based on your remote work location. #remotework #taxplanning

Market Update May 2024 -Stocks flat last two months -Bonds down, again, as rates rise -Alternatives and Gold shine as US Debt problem goes acute #stockmarket #bonds #alternativeinvestments #gold #fiscalcrisis #fiscaldominance

This figure marks an increase from the previous year and stands as the highest recorded level in over a decade. #inflation #costofliving #CPI #budgeting

This new development allows beneficiaries to stretch out the distributions over a longer period, potentially reducing the tax burden and providing more flexibility in managing inherited assets. #inheritedira #financialadvisor #estateplanning #wealthmanagement #taxplanning