Uptown Partners Advisory

5 Tax Gotchas in Retirement If you are reaching your distribution phase, your high-balance retirement accounts can create some burdensome tax situations, particularly when it comes to legacy planning. Attached are five potential pitfalls you should be aware of. Questions? Please do not hesitate to contact us. Download here https://conta.cc/4hVxjQu

What is financial fitness? Briefly, financial fitness describes your overall financial well-being, akin to how physical fitness pertains to your physical health. Notwithstanding the different fields of study, financial fitness, much like physical fitness, can yield benefits that endure well into the future. Let’s dig a little deeper and better define financial fitness. Financial fitness encompasses the skills, knowledge, and tools that enable you to make sound financial decisions. Read more- https://conta.cc/4i67yN0

Creating a Financially Organized Life Here’s how to get a jump-start on creating a system to organize your bills, statements, policies, and other financial paperwork. Download here- https://conta.cc/3WuysFZ

In 1909, progressives in Congress attached a provision for an income tax to a tariff bill. Conservatives, hoping to thwart the idea, proposed passing the bill as they believed 75% of the states would not ratify the constitutional amendment, according to the National Archives. To their surprise, the 16th Amendment was ratified in 1913, granting Congress the authority to impose a federal income tax. Originally, less than 1% of the population paid income taxes, and the tax rate was merely 1% of net income, thanks to generous exemptions and deductions. Things have changed since. They continue to change. Read more- https://conta.cc/4g5UUwm

2025 Retirement Calendar Checklist Use this calendar checklist to look ahead throughout the year to track important deadlines and actions you must take for your finances and health care. (Note: No deadlines in May, July, or August.) Questions? Just give us a call and we’ll be glad to help. Download Here- https://conta.cc/4h2VITp

Happy Presidents Day to everyone! #uptown_partners_advisory #presidentsday #mountrushmore

2025 Key Financial Data Curious about tax rates, deduction amounts, contribution limits, etc.? Check out this reference card that lists all the key numbers that could affect your finances in 2025. Download Here- https://conta.cc/4fMqwXm

2025 Q1 Key Planning & Investment Deadlines Don't miss any important dates. Reference this postcard for key dates and deadlines for the first quarter of 2025. Download Here- https://conta.cc/3BTf3rp

See you next year!!! #uptown_partners_advisory #happy #newyear

Do you follow the rules? #uptown_partners_advisory #investments #money