Paul Allen

Graduation season is upon us! It is a special time of year. The weather is getting warmer, the sun is staying out longer, and new chapters are beginning. It’s a time where students are completing schooling and families are celebrating their students’ accomplishments. As we reflect on our completed diplomas, degrees, and more, it’s also…

If you didn’t know, April is Financial Literacy month! This gives us a great opportunity to revisit the basics of personal finance. These are the foundational cornerstones I like to call Personal Finance 101. Whether you’re just starting in your career, a well-seasoned professional, or nearing retirement, it’s always a good idea to practice the…

It is everyone’s favorite time of the year again – Tax time! We have a saying at WSP that the number one thing we love to do is make our clients happy, and a close second is paying as little to Uncle Sam as possible. In all seriousness, tax planning is a very important room…

2025 is just around the corner! As the year winds down, take a few minutes to keep your financial house in order and complete the following financial to-dos before the year ends. This month, we challenge you to review the following areas and ensure you’re taking advantage of all your opportunities to reduce next year’s…

If you are 73 or older, don’t forget to withdraw your 2024 required minimum distribution (RMD) from your Individual Retirement Arrangement (IRA) by December 31! Remember, the distribution taken from your IRA is taxed as current income. If you don’t need the money, consider donating the RMD to a qualified charity. This would allow you…