If your family aims to leave a financial legacy to support the education of future generations, you may want to consider a dynasty 529 plan. Also known as a multigenerational 529 plan, these accounts offer the benefits of a standard 529 education savings account with the added benefit of offering growth and tax savings for ... Read more The post How to Fund Education for Multiple Generations Using a Dynasty 529 Plan appeared first on Creative Planning.| Creative Planning
Big themes for this week include the return of easy money, whether concentration in the Magnificent 7 is justified and what’s going on in the retail sector. The post The Week in Charts (8/25/25) appeared first on Creative Planning.| Creative Planning
Albert Einstein is famously quoted as saying, “Intellectual growth should commence at birth and cease only at death,” and, “Once you stop learning, you start dying.”1 Einstein understood the importance of continuously seeking knowledge. His insights reflect the importance of lifelong learning, which has been shown to have the following benefits: In today’s world of ... Read more The post The Benefits and Opportunities of Ongoing Learning appeared first on Creative Planning.| Creative Planning
Join Charlie Bilello for a special episode of The Week in Charts, where he shares a collection of must-see charts for helping investors stay rational when markets get emotional. The post Put These Charts on Your Wall (2025 Edition) appeared first on Creative Planning.| Creative Planning
The 2025 SALT deduction cap changes instituted as part of the One Big Beautiful Bill Act (OBBBA), signed into law by President Trump on July 4, 2025, could soon reshape how much you can deduct from your federal taxes. Introduced by House Republicans, one of the bill’s provisions phases out and eventually removes the current ... Read more The post 2025 SALT Deduction Cap Bill – What Taxpayers Need to Know appeared first on Creative Planning.| Creative Planning
Starting in tax year 2025, the One Big Beautiful Bill Act (OBBBA) introduces a valuable tax deduction for workers who receive tips. While tips have always been considered taxable income subject to both income and employment taxes, this new legislation offers some relief for qualifying individuals. What’s Changing? Under the OBBBA, individuals who receive qualified tips can ... Read more The post New Tax Break for Tipped Workers appeared first on Creative Planning.| Creative Planning
Starting in tax year 2025, the One Big Beautiful Bill Act (OBBBA) introduces a valuable tax deduction for employees receiving “qualified overtime compensation.” This provision offers savings for eligible workers and important reporting responsibilities for employers. What Is “Qualified Overtime Compensation”? Qualified overtime compensation is overtime paid to an individual required under the Fair Labor ... Read more The post New Tax Deduction for Overtime Pay: What Individuals and Bu...| Creative Planning
Although many investors understand the importance of diversification, the average investor’s portfolio is 80% allocated to domestic opportunities.1 When you consider that the United States represents approximately 65% of the global equity market by capitalization, this home country bias means you could be missing out on more than a third of the world’s investment opportunities ... Read more The post Why Your Wealth Should Be Diversified Globally appeared first on Creative Planning.| Creative Planning
In recent years, U.S. homeowners have seen their home insurance premiums skyrocket. Between 2021 and 2024, the national average home insurance premium increased by 24%, more than double the rate of inflation over the same timeframe.1 Key Takeaways Factors Contributing to the Rise in Home Insurance Rates Several key factors are driving the steady increase ... Read more The post The Changing Home Insurance Landscape appeared first on Creative Planning.| Creative Planning
It’s a special edition of The Week in Charts featuring an overall look at the state of the markets. Join Charlie Bilello for a comprehensive analysis of where markets stand today across every asset class: stocks, bonds, real estate, crypto, commodities and more.| Creative Planning
An Efficient Charitable Giving Strategy Charitable giving is an important part of our American culture. According to Giving USA, Americans donated $484.85 billion to U.S. Charities in 2021.1 In recently years, donor-advised funds (DAFs) have gained popularity as a vehicle for giving. In fact, total grants from DAFs to charitable organizations increased from $8.52B in ... Read more| Creative Planning
Six Strategies to Help Maximize Growth With the rising cost of education, saving for college can be a daunting task. If your children are young, you may wonder how to plan for something so far in the future with so many unknown factors. If your children are older, you may be worried about how to ... Read more| Creative Planning
I don’t know if it’s just me, but it feels like gift giving is more complicated than it should be. Trying to think of a creative, personal gift at least twice a year really stretches the brain. Plus, this year we apparently aren’t going to be able to rely on our accustomed two-day shipping because ... Read more| Creative Planning
The One Big Beautiful Bill Act (OBBBA) makes the qualified opportunity zone program permanent with certain modifications and enhancements. Read our article to learn more.| Creative Planning
Tips for Prioritizing Your Spending If you, like me, take time to meditate, you may agree that it is a tedious journey. However, if you can string together enough days of mindfulness, the effects are real. Every day, I make an effort to start with the meditation mantra, “clear away and bring forward.” This mantra ... Read more| Creative Planning
Using Your Savings to Make a Lasting Impact I work with many couples who are in their golden years and living securely in retirement. After successful careers and a lifetime of smart financial decisions, they now have a significant nest egg and they need to consider what will happen to their wealth in their later ... Read more| Creative Planning
What is the Approximate Amount of Your Investable Assets?| Creative Planning
Retirement can be stressful as you transition from saving to spending. Fortunately, these tips can help your marriage thrive in retirement.| Creative Planning
In today’s inflationary environment, the cost of everything from gas to groceries to cars is rising, and the cost of healthcare is no exception. Healthcare is one of the biggest expenses most people face in retirement.| Creative Planning
Learn why planning for retirement is different for the child-free.| Creative Planning
Creative Planning offers an array of tax services and expertise for your business.| Creative Planning
Creative Planning offers audit and attest services and expertise for your business.| Creative Planning
Insights and expertise on outsourced accounting services, including up to date news, trends, and resources to help your business's financial strategy.| Creative Planning
Learn the key factors creating a much more aggressive environment for sales tax enforcement and how can you brace yourself.| Creative Planning
Whom should you choose as your trustee? We'll provide you with context, FAQs and a framework of questions to ask when making the decision.| Creative Planning
What Happens When a Trustee Dies? Establishing a trust can be an effective way to transfer assets to your loved ones upon your death while also saving on taxes and protecting your family’s privacy. So, what exactly happens to the trust when you, the trustee, die? Let’s take a look. What happens when the grantor ... Read more| Creative Planning
For wealthy individuals, choosing the right estate planning attorney is crucial. Learn essential questions to consider when selecting an estate planning attorney.| Creative Planning
To leave a legacy means more than the dollars you leave in the pockets of your children. Here are four ways to leave a legacy for those you love.| Creative Planning
Learn key aspects of estate planning you should consider as an ultra-affluent investor.| Creative Planning
Build an estate plan and trust that integrate with your financial plan with Creative Planning Legal services.| Creative Planning
How to Identify the Policy to Protect Your Family Life insurance is an important component of any comprehensive wealth plan because it provides financial protection for your loved ones should you die unexpectedly. It’s one of those things no one likes to think about, but it’s critical that you have the appropriate policy in place ... Read more| Creative Planning
Few schools teach personal financial management. How can you ensure the children in your life are prepared for financial success? These six tips can help.| Creative Planning
What is the Approximate Amount of Your Investable Assets?| Creative Planning
Are you a new parent? Put your free time (if you can call it that) on maternity or paternity leave to good use by completing the important action items detailed here.| Creative Planning
Creative Planning provides private wealth management, financial planning, investment management, estate planning, retirement planning, tax planning, and more.| Creative Planning
Even if the thought of an “exit” may be years away, planning in advance is crucial to set the course for the future of your business, your finances and your personal legacy.| Creative Planning
For families with substantial assets, managing risk is a key component of long-term financial planning. A well-structured P&C insurance strategy can help mitigate unexpected financial risks.| Creative Planning
Financial scams and fraudulent activities represent a real threat to investors and account holders, which is why it’s important to be on alert at all times.| Creative Planning
Financial fraudsters are everywhere, and an unprepared business can be a profitable target. Get our tips to help protect your company against phishing scams.| Creative Planning
Learn important steps to take to prepare your finances for a natural disaster.| Creative Planning
We provide a range of financial services and solutions for businesses, including retirement plans and exit strategies.| Creative Planning
Learn more about the importance of prioritizing leadership development at a business and strategies for building great leaders.| Creative Planning
Request a Meeting For more information on how we safeguard your personal information, please refer to our privacy policy.| Creative Planning
Learn how a dynasty trust can help support multigenerational wealth preservation.| Creative Planning
Learn tips to help your organization better evaluate, identify and attract top talent.| Creative Planning
Creative Planning is a wealth management firm that offers comprehensive and personalized financial planning, investment management, and retirement planning.| Creative Planning
We customize intelligent investment portfolios for all of our clients. We believe your portfolio should be tied to your unique financial goals.| Creative Planning
Finding the Balance Between Protecting Yourself and Investing in Your Business Successful business owners typically have one thing in common – they significantly reinvest in their businesses. Many of my business owner clients don’t even want to discuss putting aside assets for their own personal savings. “After all,” they reason, “my business is my biggest ... Read more| Creative Planning
Just like most things in life, too much of a good thing can sometimes be bad for you. The good news is, you have been acknowledged as a leader and a contributor within your organization.| Creative Planning
Having a concentrated stock position can potentially put you at significant risk. Get our tips for helping reduce your holdings in a concentrated position.| Creative Planning
The Net Unrealized Appreciation (NUA) strategy takes advantage of a rule within the federal tax code that, when properly executed, allows plan participants to request an “in-kind” distribution of company stock from their qualified plan to a non-qualified account.| Creative Planning
How do donor advised funds work? Are there any specific advantages to them? Learn more by watching our short video.| Creative Planning
A CPA breaks down a tax-smart way he saves for his children’s education expenses My favorite college savings tax planning opportunity is a 529 plan. As a father, saving for all my four kids’ college costs is one of my dreams. Unless I want it to be a pipe dream, I believe that I need ... Read more| Creative Planning
Three Tips for Dealing with Irrational Financial Anxiety Financial anxiety can hit at any age, and when someone is struggling to make ends meet, those worries are real and justified. However, that’s not the type of financial anxiety I’m referring to in this article. Here, I am addressing “irrational” financial anxiety, which can become especially ... Read more| Creative Planning
Our team of CPAs and tax professionals provides expertise and strategies that align with your wealth management goals.| Creative Planning
What is the Approximate Amount of Your Investable Assets?| Creative Planning
Learn four strategies for diversifying a concentrated stock position in a tax-efficient manner.| Creative Planning
Taxes touch every aspect of your finances. Here are four ways proactive tax planning can help improve your financial outlook.| Creative Planning
Learn six reasons why it makes sense to implement tax planning strategies early in the year.| Creative Planning
Important Disclosure Information Disclosures & Certifications Disclosure Information Affiliates Certifications and Designations YouTube & Podcasts Accolades & Awards Disclosure Information Creative Planning, LLC. (“Company”) is an SEC registered investment adviser located in Overland Park, Kansas. Company and its representatives are in compliance with the current filing requirements imposed upon SEC registered investment advisers by those ... Read more| Creative Planning
Three Strategies for Transitioning From Saving to Spending in Retirement After decades of saving for retirement, you’re finally approaching the finish line and getting ready to transition into the next chapter of life. Congratulations! You have a lot to look forward to in your retirement years. Yet, making the shift from saving to spending in retirement can be difficult. ... Read more| Creative Planning
To properly estimate your healthcare expenses in retirement, you’ll first need to consider your possible healthcare needs.| Creative Planning
Our team of certified financial planners can customize a plan that works for all aspects of your life.| Creative Planning
Regardless of your outlook on retirement, completing the following tasks before you retire can help ensure a smooth transition to the next chapter of your life.| Creative Planning
How HSAs Can Be Good for Your Health and Your Wallet Health savings accounts (HSAs) have grown in popularity over the last few years as a way to help offset the expenses of qualified high-deductible health plans. In 2022, the IRS allows individuals to contribute up to $3,650 to an HSA ($7,300 for families). Those ... Read more| Creative Planning
The Benefits of Making Roth Contributions If you are currently working to save for retirement, you may be wondering what types of accounts are most advantageous. While it’s wise to invest in several types of accounts, including employer-sponsored retirement plans, traditional IRAs, and after-tax accounts, I believe the most advantageous is the Roth IRA because ... Read more| Creative Planning
A Case Study In this case study, we get to know John and Jane Sample, ages 63 and 61, who are in their prime earning years and have their eyes set on retirement. Join us as we follow the Samples through their introductory experience with Creative Planning. John and Jane Sample are ready to retire. ... Read more| Creative Planning
Perhaps you want to address the fact that your family members have different needs or abilities. You may not have a partner or children, but perhaps you have philanthropic goals or wish to provide for a dear friend or beloved pet. Most distributions are possible with the right planning.| Creative Planning
Getting the timing right for retirement can help mitigate the risk of being forced to withdraw from your portfolio sooner than anticipated.| Creative Planning
The FIRE movement (financial independence, retire early), isn’t right for everyone. Ask yourself these questions to help decide whether it's right for you.| Creative Planning
Request a Meeting For more information on how we safeguard your personal information, please refer to our privacy policy.| Creative Planning
Retirement comes with many uncertainties. Ask yourself these three questions to determine whether you’re currently in a position to retire.| Creative Planning
The retirement landscape is undergoing changes that could impact the way Americans plan and save for the future. Learn five trends significantly transforming retirement.| Creative Planning
In the years leading up to retirement, be sure to focus on the things that will bring you joy, meaning and fulfillment throughout the next chapter of life. Get our tips.| Creative Planning
