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Friday, January 12, 2024

Market Recap We are enclosing your portfolio reports for the fourth quarter, which ended December 31, 2023.  For the quarter, U.S. stocks rallied with the S&P 500 gaining 11.7%.  International stocks also rose, with the MSCI...

Wednesday, January 10, 2024

As we begin the 2024 new year, it’s not too early to begin thinking about some of the tax changes that may begin in 2026, with the potential sunsetting of the Tax Cuts and Jobs Act (TCJA) in 2025. Although some of the provisions...

Monday, December 11, 2023

Your Child is Turning 18: Handling Healthcare, Academics, and Finances Together As your child blows out the candles on their 18th birthday, you may still see your baby girl or boy. But in the eyes of the law your child is considered a...

Monday, December 4, 2023

As we get ready to turn the page on 2023 and welcome the new year with all its possibilities, we’d like to take some time to reflect on the year that was—the notable events, trends, and developments that defined our...

Monday, November 20, 2023

If you or a loved one has been diagnosed with Alzheimer's disease or any other form of dementia, this can be an extremely challenging time. While promising new treatments are developing and research continues, a cure remains elusive....

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Friday, November 17, 2023

With a spirit of deep gratitude, we will spend this Thanksgiving reflecting upon all the blessings the past twenty-three years have held for us here at Horizon Wealth Advisors. While we remain focused on our business and our fiduciary...

Wednesday, November 8, 2023

Divorce is one of the most stressful life events. Even the most amicable splits can be complicated and emotionally draining. We likely all know couples who have gone through divorce, and it can be a trying time for everyone involved....

Wednesday, November 1, 2023

While we haven’t yet said goodbye to 2023, it’s not too early to begin thinking about any tax changes that may be on the horizon. The Tax Cuts and Jobs Act (TCJA) of 2017 was designed to overhaul the federal tax code by...

Friday, October 13, 2023

Market Recap We are enclosing your portfolio reports for the third quarter, which ended September 30, 2023. For the quarter, U.S. stocks fell with the S&P 500 losing -3.3%. International stocks also lost ground, with the MSCI EAFE...

Tuesday, October 3, 2023

Time to Think About Year-End Financial Strategies As we roll into fall and the fourth quarter, now is a good time to pause and reflect on proactive ways to set up your finances for 2024. Economically speaking, we are now in a much...

Thursday, September 21, 2023

Did you know?   About 62% of parents are not saving adequately for their child’s college education.   A mere 56% of American families have a college savings strategy.   A surprising number of parents—47% of...

Tuesday, August 22, 2023

As financial professionals, we understand how vital it is to safeguard your personal and financial information. Unfortunately, in our increasingly digital world, cybersecurity risks, such as phishing attacks, have become a prevalent...

Monday, August 7, 2023

You’ve done a great job teaching your children vital life lessons and instilling values that will last a lifetime. As summer ends and a new school year begins, one thing that shouldn’t be overlooked, especially for...

Wednesday, July 12, 2023

Market RecapWe are enclosing your portfolio reports for the second quarter, which ended June 30, 2023.  For the quarter, U.S. stocks performed well  with the S&P 500 gaining 8.7%.  International stocks also rose, with...

Thursday, June 22, 2023

Getting your affairs in order and outlining what you want done with your estate after you’re gone is one of the greatest gifts you can leave your loved ones. However, not preparing for the transfer of your assets can lead to...

Friday, April 14, 2023

January started the year off in a positive direction, with the S&P 500 returning 6.3% for the month.  February returned some of January’s gains with the S&P 500 retreating -2.4%.  March saw the market bounce back to the...

Wednesday, April 12, 2023

As we get older, it’s important that our adult children are prepared to manage any aging-related situations that may arise. This includes everything from having to make medical and financial decisions to determining assisted...

Monday, April 3, 2023

When a family engages Horizon Wealth Advisors to assist them on their journey in building long-term wealth, an important part of our onboarding process includes a comprehensive investment policy discussion. This collaborative meeting...

Wednesday, March 22, 2023

Transitioning from Private Health Insurance Plans to MedicareAs you approach retirement age, you may be anticipating transitioning from your private insurance to Medicare, which is a federal health insurance program that provides...

Monday, March 20, 2023

Every parent wants the best for their children and strives to prepare them to lead a happy, healthy, and successful life. But, despite understanding the importance of financial responsibility, only 28 percent of parents speak to their...

Friday, March 3, 2023

In general, as this article from Forbes suggests, you need to keep your records for 3 years from the date you filed your tax return. So, for example, if you filed your 2019 tax return on April 1st of 2020, you can dispose of your...

Tuesday, February 21, 2023

With the possibility of a recession looming, it's natural for those nearing or in retirement to have concerns over their long-term strategies. After decades of accumulating a portfolio, the last thing retirees want is for a market...

Wednesday, February 15, 2023

According to the Investment Company Institute, near the end of 2022, there was more than $4.7 trillion in cash sitting in U.S. money market funds.1,2While cash can play a role in a diversified portfolio, historically, cash has not kept...

Thursday, February 2, 2023

In a recent Washington Post story, columnist Liz Weston describes, “What good financial advice looks like.”  Her article begins, “Good financial advice can help you achieve your life goals. Bad financial advice...

Friday, January 27, 2023

Trust distributions utilizing the “65 Day Rule” allows a trustee to elect to make a trust distribution which can reduce the combined tax liability of a trust and its beneficiary.

Thursday, January 19, 2023

When you've worked hard to build your retirement savings, you want to ensure you're taking every preventative measure to protect it. Unfortunately, more and more fraudsters and scammers are weaseling their way into the lives of seniors...

Thursday, January 12, 2023

The fourth quarter saw the market bounce back following negative returns in the first three quarters of the year.  At its worst in October, the S&P 500 had fallen more than -25% from its January peak.  For the year, the index...

Thursday, January 5, 2023

If you are working and receiving a paycheck, among the many new year's resolutions you should make are the following:Review your payroll withholding to determine that it properly reflects your current tax circumstances. This way, you...

Wednesday, January 4, 2023

In October 2022, the Internal Revenue Service (IRS) announced tax changes for 2023 — changes primarily driven, in part, by the current inflationary environment. For affluent couples or individuals interested in transferring...

Tuesday, December 27, 2022

If you are over 65 and live in Harris County, there is a simple way to pay your property taxes in installments.Homeowner’s property taxes are a large annual payment for many people. You might find these payments a little...

Monday, December 12, 2022

In today’s social media-obsessed world full of popular “influencers” targeting teens, pre-teens, and even younger groups, instilling values in your children and grandchildren about what really matters in life is more...

Monday, December 5, 2022

In late October, the IRS announced that it is increasing contribution limits to retirement savings accounts in 2023. The changes, like many you are seeing, are a direct result of months of high inflation and financial uncertainty, some...

Monday, November 28, 2022

The year is almost over, and it has certainly been a bumpy one for the financial markets and our economy. As financial professionals, we work with families to design investment strategies that help them pursue their goals for education...

Wednesday, November 23, 2022

With a spirit of deep gratitude, we will spend this Thanksgiving reflecting upon all the blessings the past twenty-two years have held for us here at Horizon Wealth Advisors. While we remain focused on our business and our fiduciary...

Monday, November 14, 2022

Key points:Over the past five years, affluent Americans increased their donations to charity by 48%.1Understand various strategies to help you maximize the impact of your charitable donations and your income tax savings.To qualify for...

Tuesday, November 1, 2022

Key points:One of the biggest components of the Inflation Reduction Act is the changes to healthcare costs and coverage. The Inflation Reduction Act requires all pharmaceutical companies to rebate Medicare participants for the...

Wednesday, October 12, 2022

The third quarter saw markets continue downward after declines in the first two quarters. For the year thus far, the S&P 500 has lost –23.9%. Losses were widespread among most major asset classes. Small cap stocks, as measured by...

Wednesday, October 12, 2022

Over 50% of consumers have fallen victim to a cybercrime, with a third of those attacks taking place in the past year alone. So there are 263 million American consumers. 131.5 million have been hit by cybercrime, with 44 million...

Tuesday, October 4, 2022

Most people are used to having a percentage of their paycheck withheld for Social Security. The withholding rate in 2022 stands at 6.2% for individuals and another 6.2% for their employers, for a total of 12.4% per person.1 But...

Tuesday, September 27, 2022

We all make mistakes. The key is to learn from them and try not to repeat them. Financial mistakes can be particularly costly and can have long-term implications. Throughout my career, I’ve witnessed plenty of missteps and...

Tuesday, September 27, 2022

Most people are used to having a portion of their paycheck withheld for Social Security during their working years. But not everyone realizes that their retirement benefits could still be subject to income taxes—especially if...

Wednesday, September 14, 2022

It’s officially back-to-school season for millions of parents around the country. And whether you’re moving your college freshmen into their first dorm or sending little ones off to the bus stop, there’s one thing...

Tuesday, September 13, 2022

Several factors will affect the cost and availability of life insurance, including age, health, and the type and amount of insurance purchased. Life insurance policies have expenses, including mortality and other charges. If a policy...

Tuesday, September 6, 2022

It seems like the cost of everything is going up, especially when it comes to the cost of healthcare. For those nearing or in retirement, these increases can have a big impact on retirement income and warrant developing a solid...

Friday, September 2, 2022

Inflation remains top of mind for everyone, especially as news outlets continue reporting on climbing prices and volatility in the markets.All eyes have fallen on the Fed in 2022, as they face the task of attempting to manage inflation...

Friday, September 2, 2022

Inflation remains top of mind for everyone, especially as news outlets continue reporting on climbing prices and volatility in the markets.All eyes have fallen on the Fed in 2022, as they face the task of attempting to manage inflation...

Wednesday, August 24, 2022

You may have heard by now that President Joe Biden announced his long-anticipated plan to cancel some student loan debt for eligible American borrowers after months of anticipation and pressure. Considering that 45.5 Million Americans...

Wednesday, August 24, 2022

You may have heard by now that President Joe Biden announced his long-anticipated plan to cancel some student loan debt for eligible American borrowers after months of anticipation and pressure. Considering that 45.5 Million Americans...

Tuesday, August 23, 2022

You may have heard by now that the Inflation Reduction Act was signed into law on August 16. This historic piece of legislation addresses a number of areas. Chances are, you or your business may be directly impacted. Here are a...

Tuesday, August 23, 2022

You may have heard by now that the Inflation Reduction Act was signed into law on August 16. This historic piece of legislation addresses a number of areas. Chances are, you or your business may be directly impacted. Here are a...

Wednesday, August 10, 2022

Is Now a Good Time for a Roth IRA Conversion?We know that taxes are one of life’s two inevitables. So, the question is not if you will pay taxes on your retirement accounts, but when and how much. That’s where Roth IRAs...

Tuesday, July 12, 2022

The second quarter saw negative market returns accelerate downward from declines in the first quarter.  For the year, thus far, the S&P 500 has lost -20.0%, which is the largest first half loss for the large cap index since 1970...

Wednesday, June 15, 2022

One of the most difficult exercises for long term investors is staying the course in the face of sizable market declines. Owen wrote an excellent article just last month on the market’s activity since the beginning of the year...

Friday, May 20, 2022

2022 has been a far cry from the positive and mostly smooth market of recent years. A sudden negative shift in January has accelerated downward as the year has progressed. The S&P 500 has officially entered a “bear market,”...

Monday, April 11, 2022

Following 2021, which delivered impressive gains and calm markets, 2022 has been turbulent and mostly negative. The market was very volatile in the first quarter and losses have been widespread. The market began the year with a decline...

Thursday, February 24, 2022

2022 has gotten off to a very rocky start. January saw markets decline in reaction to a cocktail of concerns, namely the fast-spreading Omicron variant of COVID, rising inflation, and a much more hawkish shift in policy expectations...

Monday, February 7, 2022

At Horizon Wealth Advisors, we are committed to helping our clients through a proactive and tailored approach. As part of our fiduciary commitment, we always put our clients first by working to gain a deep understanding of each client...

Thursday, January 13, 2022

OutlookThe quarter began with the S&P 500 returning 7.0% for the month of October. November began positive, but a mid‐month reversal saw the index fall ‐0.7% for the month. Then, in what has become a normal seesaw fashion,...

Monday, November 29, 2021

New inflation-adjusted limits for 2022 IRA and retirement plan contributions have been released by the IRS. Contribution limits have risen slightly for 2022, and income thresholds have increased as well. If you want to begin planning...

Wednesday, October 13, 2021

OutlookThe quarter began strong with the continuation of the torrid market rally that began last spring. July posted a positive return for the S&P 500 of 2.4%. August followed with an even stronger 3.0% gain. September, however, saw...

Monday, September 20, 2021

At Horizon Wealth Advisors, we are committed to helping our clients through a proactive and tailored approach. As part of our fiduciary commitment, we always put our clients first by working to gain a deep understanding of each client...

Thursday, July 15, 2021

OutlookThe second quarter continued the terrific rally that began over a year ago. As COVID-19 cases and deaths continue to plummet, the reopening of the economy and rapid return to normal shows no signs of slowing. For the year, the...

Wednesday, July 14, 2021

This is the final post in our Financial Fragmentation blog series. To view the previous post in this series, please see here.Reviewing your financial plans and goals on a regular basis is especially important for successful financial...

Tuesday, July 6, 2021

This post is part of our Financial Fragmentation blog series. To view the first post in the series, please see here.One of the most important functions of financial planning is to avoid making a big mistake. To continue our Financial...

Monday, June 28, 2021

The term financial fragmentation suggests a lack of coordination among your various financial arrangements. Financial fragmentation occurs when financial strategies are not properly coordinated with one another and are not properly...

Monday, May 17, 2021

At Horizon Wealth Advisors, we are committed to helping our clients through a proactive and tailored approach. As part of our fiduciary commitment, we always put our clients first by working to gain a deep understanding of each client...

Monday, April 19, 2021

At Horizon Wealth Advisors, we are committed to helping our clients through a proactive and tailored approach. As part of our fiduciary commitment, we always put our clients first by working to gain a deep understanding of each client...

Tuesday, June 9, 2020

Form CRS Describes “Best Interest”Despite being labelled the “Best Interests Rule”, the final SEC rule does little to reduce the confusion over whether or not your advisor is working in your best interests. In...

Thursday, October 3, 2019

Planning Your Financial Future Can Start NowDiscussions surrounding young adults’ prospects for retirement are trending in recent news. Young professionals have gathered online to communally air their current financial grievances...