Our Blog

Important Tax Updates: One Big Beautiful Bill Act (OBBBA)

We’re sharing an important update on how the recently passed One Big Beautiful Bill Act (OBBBA) may affect your taxes and planning strategies, both this year and in the years ahead.

No Immediate Action Required (With a Few Exceptions)

For those familiar with our previous updates, you may recall the acronym TINA—“There Is No Alternative”—which reflected a period when low interest rates left investors with few viable options outside of equities. With interest rates near zero, stocks were often the only asset class offering the potential for returns aligned with long-term financial goals.

Summer Housekeeping

Being on the cusp of another change in seasons, many of us are thinking about vacations, sunshine, and some well-earned downtime. But now is also the perfect time to do some light financial housekeeping. Here are a few miscellaneous things to consider as we enter the summer season:

Last week in review and what is ahead – April 15, 2025

Many investors are grappling with the question of, “Is it time to panic?” as the stock market experiences turbulence. Recently, the market outlook turned bearish due to the potential negative impact of new tariffs on growth and corporate profits.

Economic policy uncertainty leads to more uncertainty, which begets more uncertainty . . . the stock market hates uncertainty.

Executive Order Disorder

Great Expectations

Social Security Fairness Act

The Social Security Fairness Act was signed into law on January 5th and will impact any recipients whose Social Security benefits have been reduced due to WEP (Windfall Elimination Provision) or GPO (Government Pension Offset). If you fall into this category, here are the key highlights:

Reflection

At Bond&Devick, teamwork is central to everything we do. Collaboration and shared responsibility define how we work, including contributing to our monthly communications. This month, we are pleased to feature Sabrina Fay, who recently celebrated her first anniversary.