MRA Advisory Group

𝗗𝗼𝗻'𝘁 𝘀𝗽𝗲𝗻𝗱 𝗺𝗼𝗻𝗲𝘆 𝘆𝗼𝘂 𝗱𝗼𝗻'𝘁 𝗵𝗮𝘃𝗲. Borrowing for things you can't afford today can create stress tomorrow. Living within your means, saving for purchases, and avoiding unnecessary debt gives you more financial freedom and stability in the long run.

Roth or Traditional isn't an account choice. It's a bet on when you'd rather pay the tax bill. If your answer is "whichever my CPA picked," it may be time for a second opinion.

With interest rates potentially on the rise due to steady economies and stubborn inflation, banking strategies may need reevaluation. We can help. Schedule a meeting with us today at mraadvisory.com/secondopinion tinybfs.com/t/NSTLeu

Turning 59½ doesn't make your Roth IRA earnings tax-free on its own. You also need to clear the five-year rule, and the clock starts January 1st of the tax year of your first contribution. Miss it and you owe ordinary income tax plus a 10% penalty.

Our Monthly Market Commentary for July is live! Stay updated on financial news by subscribing to our YouTube Channel: @mraadvisorygroup3017/videos" target="_blank" rel="nofollow noopener">youtube.com/@mraadvisorygr…

54% of U.S. adults have no will or estate plan. AARP says probate can eat 3-8% of an estate, and the average case drags 9-24 months. A basic plan takes weeks. Probate can't be undone in years.

~ * Happy 250th Birthday, America!! * ~

Consider saving strategies like 529 plans for college and K-12 expenses. We can help guide you. Schedule a meeting today with us at mraadvisory.com/secondopinion tinybfs.com/t/d8WTO7

Middle-income families take a bigger financial hit from skipping estate planning than the ultra-wealthy do. Probate fees and asset freezes can drain savings fast. Three documents cover most families: a Will, a Financial POA, and a Healthcare POA.

Financial wellness starts with effective budgeting. Track all expenses, including one-off purchases. This will help create better financial planning, reduce spending and foster long-term saving. tinybfs.com/t/N35xLe

68% of Americans feel confident about retirement. Only 44% have actually run the numbers. Confidence is not a plan. Neither is a round-number guess about what you'll need.

Take a midyear financial wellness check-up. See if you can boost contributions to your retirement plan. We can help. Schedule a meeting with us at mraadvisory.com/secondopinon today. tinybfs.com/t/rbIhqN

Incorporate financial wellness into your planning amidst the breaking news of Alan Greenspan's passing. Professionals and high net worth individuals can learn from "The Maestro's" legacy in shaping modern monetary policy. tinybfs.com/t/NuaBsV

The decisions that actually lower your tax bill were made last October, not this April. By the time the return hits a preparer's desk, the income, gains, and distributions are already locked in. Preparation documents what happened. Planning decides what happens.

~ * Happy Father's Day * ~ Our first hero, our role model, teller of Dad jokes, music influencer, grill master, and our foundation. Enjoy your day!! 😎

Gen Z and Millennials are using wealth for alternative investments in real estate, gold, and private markets. tinybfs.com/t/bMQRSZ

Is a phased retirement a good move for you? tinybfs.com/t/HdnSah

Hosting pool parties can get expensive! To stick with your budget, consider this one rule. tinybfs.com/t/Svtirt

It's time for a Financial Cleanup! This week's blog has more information: mraadvisory.com/financial-clea… If you'd like more indepth advice, we offer complimentary 1st meetings with our advisors. Schedule one today at mraadvisory.com/secondopinion

Many Americans retire earlier than planned, sometimes under unexpected circumstances. This highlights the importance of solid financial planning to achieve financial wellness and ensure a comfortable retirement, regardless of the ti tinybfs.com/t/R5OT6Q