News and Commentary
Recent Updates
Stay up-to-date and in-the know about every aspect of your financial picture.
June 12, 2025
In times of market volatility, securing a steady income stream is more crucial than ever. Annuities offer a unique solution, providing guaranteed income and protection against market downturns. At Velnoskey Wealth Advisors, we consider all options—annuities included—when crafting personalized financial plans for our clients.
Whether you're looking to buffer against market volatility or to ensure a reliable income in retirement, understanding how different annuity types can fit into your strategy is key.
Explore more about leveraging annuities during market uncertainty in this insightful article: https://www.janney.com/wealth-management/education/all-education/detail/education/2025/04/28/leveraging-annuities-during-market-uncertainty
June 04, 2025
Financial Planning: Bringing Stability—and Possibility—to Your Life
Financial planning isn’t just about retirement or saving for the future, it can also be about accomplishing your lifestyle goals—like world travel or a buying a second home.
June 03, 2025
Secure 2.0 Act: What Plan Sponsors Need to Know Now
🚀 SECURE 2.0 Act: What Plan Sponsors Need to Know Now
The SECURE 2.0 Act is reshaping retirement planning in 2025. Here's what plan sponsors should be aware of:
✅ Enhanced Catch-Up Contributions: Individuals aged 60-63 can now contribute up to $10,000 more annually to their retirement plans.
🔄 Mandatory Auto-Enrollment: New 401(k) and 403(b) plans must automatically enroll employees at a 3-10% contribution rate, increasing annually by 1% up to 15%.
🕒 Expanded Eligibility for Part-Time Workers: Employees working at least 500 hours per year for two consecutive years are now eligible to participate in retirement plans.
📞 Need assistance navigating these changes? Our team is here to help you understand and implement the SECURE 2.0 provisions effectively. You can read more in the article below.
#RetirementPlanning #SECURE2.0 #PlanSponsors #EmployeeBenefits #FinancialWellness
Research & Insights
Access our latest research and insights covering market news, financial planning topics, and more.
Marriage, Divorce, and Financial Planning: Building and Protecting Your Financial Future
Marriage is not just a union of hearts. It is also a merger of finances, responsibilities, and legal commitments. When that union ends, whether amicably or not, the financial consequences can be significant. Preparing for these transitions with a clear financial strategy is one of the most empowering steps you can take.
Planning Strategies for Remaining 529 Balances
If you saved more for college than you needed, here’s how to make the most of the leftover funds.
Life Events May Trigger Lending Needs
Life is full of events and circumstances that may throw financial curveballs, which is why when it comes to your liquidity needs, your financial plan should address borrowing solutions that may be immediately accessible, when and if necessary.
Contact us today to discuss how we can put a plan in place designed to help you reach your financial goals.
