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What families need to know about the new tax law
/in News, Tax Tips - Individual/by Betty KimWhen it comes to family, we do everything we can for the people we love. And let’s be real—raising a family today isn’t cheap. I have two teenage daughters in international sports, and they’ve been breaking me (financially and otherwise!). Between childcare, education, medical expenses, and just everyday life, the costs add up fast. That’s […]
Spousal IRAs: A smart retirement strategy for couples
/in News, Tax Tips - Individual/by Betty KimHave you wondered if your spouse can still save for retirement even if they’re not bringing home a paycheck? Good news — they totally can! Thanks to something called a spousal IRA, couples can keep growing retirement savings for both partners, even if just one is earning an income. It’s a smart (and often overlooked) […]
Milestone moments: How age affects certain tax provisions
/in News, Tax Tips - Individual/by Betty KimHappy 4th of July! Wishing you a safe and happy Independence Day! Can’t believe we’re already halfway through 2025—hope you’re enjoying a great summer! At Encore, we know that age is more than just a number when it comes to tax and financial planning. Whether you’re saving for your kids, navigating mid-career decisions, or planning […]