Eighth Wonder Investments

Tax Cuts and Jobs Act 2025 Sunset

Key tax benefits from the 2017 Tax Cuts and Jobs Act are set to expire at the end of 2025, which could lead to higher taxes for many. Here’s what’s on the line:

Higher individual tax rates
Lower standard deduction
Reduced child tax credit
Changes to mortgage interest deductions
How will this affect you? Find out by creating a financial plan with us. Drop a comment or reach out for a chat!

Understanding the 10-Year Withdrawal Rule for Inherited IRAs & 401(k)s

Most non-spouse beneficiaries now have 10 years to withdraw all funds from inherited IRAs and 401(k)s. While this rule ensures the assets are fully distributed within a decade, it can also lead to significant tax consequences since these withdrawals are taxed as income.

Plan Ahead: Taking steps now can help reduce the financial impact on your heirs in the future.

Deadline: Full distribution must be completed by the end of the 10th year after inheritance.
Applicability: This rule affects most non-spouse beneficiaries under the SECURE Act.
Questions or need advice? Drop a comment below!

Have you worked hard to save for retirement? Make sure you're protecting what you've earned!

Join us for a FREE seminar on navigating the SECURE 2.0 ACT and maximizing your retirement savings.

🗓️ Saturday, September 28th
🕙 10:00 - 11:30 A.M.
📍 Fargo Public Library, 101 4th St N Fargo, ND 58102 Fercho Room

If you have substantial savings in your 401(k) or IRAs, this seminar is designed specifically for you!

You'll learn how to:

Understand critical changes affecting your retirement savings.
Keep more of your hard-earned money in the family (and away from Uncle Sam!).
Protect your savings from common tax traps.

Don't let years of saving go to waste. Secure your financial future by understanding the latest retirement legislation and what it means for you and your loved ones.

Space is limited - register now to reserve your spot!
https://www.eventbrite.com/e/secure-your-future-navigating-the-secure-20-act-tickets-964657997037?aff=oddtdtcreator&fbclid=IwY2xjawE5q7BleHRuA2FlbQIxMAABHWsUAJl9ykDPODREe6YyVYsfQtkJnuiHdn1XKBx-ZdUtfvWHhXJoLMrzrw_aem_S0UfypzuTXvV4S5T1QY6ew

See the attached flyer or website for more details. We look forward to helping you secure your retirement savings!

Our very own Nathan V. Bremer, CFP®, AAMS®, was a guest on today's NAAIM Confidential podcast by the National Association of Active Investment Managers! 🎙️

Give it a listen, and let us know your thoughts! 💡

NAAIM Confidential E31|S1 - Guest: Nathan Bremer, CFP, Eighth Wonder Investments Weekly exclusive interview with a NAAIM member guest to discuss his/her investment philosophy and weekly market review. Guest: Nathan Bremer, CFP, Eighth Won...

We believe in giving back! Our team recently volunteered with Down Home to help transform a bedroom for an Empower Up graduate. It's incredible what a small group of dedicated volunteers can accomplish.

What are your favorite ways to support and uplift our community? We'd love to hear your ideas and experiences!

The Secure 2.0 Act brought major changes to retirement planning, and the IRS continues to refine the rules. A recent CNBC article highlights new final rules on inherited IRA withdrawals.

Understanding how these updates affect your financial future is crucial. Key impacts include:

🔵 Changes to RMD ages
🔵 New catch-up contribution rules
🔵 Expanded Roth options
🔵 Updated inherited IRA withdrawal rules

Are you unsure how these changes apply to you and your family? Let's talk! I'm here to help you navigate these updates and optimize your financial strategy.

Check out the article, comment below, or message us to schedule a consultation. Let's ensure your retirement plan is up-to-date with the latest regulations!

Happy 4th of July! 🇺🇸✨

Wishing everyone a fantastic celebration filled with family, friends, fireworks and fun. As we come together on this special day, let's remember the brave individuals who fought for our nation's independence and reflect on the values that make America truly great.

Take a moment to appreciate the freedoms and opportunities we are blessed with. Be safe, enjoy the festivities, and may your heart swell with pride for the red, white, and blue! 🎆

How are you commemorating Independence Day this year? Share your plans or traditions in the comments!

Wishing a Happy Father's Day to all the amazing dads and father figures out there. Your love, guidance, and dedication make a world of difference. Today, we honor you!

Enjoying some frisbee golf on a perfect summer day! Taking a little break to recharge helps us serve our clients better.

What's your go-to summer activity to relax and have fun outdoors? Let us know in the comments!

We are proud to be a Gold Table Sponsor for St. Joseph's School Dinner, Dance, Auction!

Market Minute: With the S&P 500 near all-time highs, is it time to be concerned? Or is there more room to run?

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🌟Impact Maker Introductions 🌟

🙌🏼Welcome to our next Impact Maker: Nathan Bremer, CFP®, AAMS®, Founder, Financial Advisor, Eighth Wonder Investments

Nathan is an incredible community supporter and is dedicated to helping people grow. We are grateful for your YES in helping to grow our Down Home mission!

👏🏼Join us in welcoming Nathan to our Impact Maker volunteer team!

🎄✨ Give the Gift of a Bright Future this Christmas! 🌟🎁

This holiday season, consider a gift that lasts a lifetime – the gift of financial security and prosperity for your loved ones. 🎅🏽🤶🏽✨

🌟 **Introducing our UTMA/UGMA Investment Accounts!** 🌟

🎉 A UTMA (Uniform Transfers to Minors Act) or UGMA (Uniform Gifts to Minors Act) investment account is a fantastic way to kickstart the journey toward financial success for the young ones in your life. 🚀✨

🎁 **Why Choose a UTMA/UGMA Investment Account?** 🎁

1️⃣ **Long-Term Growth:** Watch your investment grow over time, setting the stage for their future financial endeavors.

2️⃣ **Financial Education:** Teach valuable money management skills from an early age, fostering a sense of responsibility.

3️⃣ **Memorable Gifts:** Give a gift that keeps on giving, making a lasting impact on their lives.

💡 **How to Get Started:** 💡

1️⃣ Visit our website or contact our expert advisors to learn more about UTMA/UGMA accounts.

2️⃣ Choose from a variety of investment options tailored to your financial goals.

3️⃣ Open an account and kickstart the journey to a financially secure future!

🎊 This Christmas, make a difference that goes beyond the festive season. Invest in their future and give the gift of financial empowerment! 🌐💰

🌲✨

Wishing everyone a Happy Thanksgiving! 🦃

Our October newsletter, "The Long-Term Investor," is available now! Check it out and let us know what you think! 😄

https://www.8winvest.com/post/the-long-term-investor-october-2023

Just launched our newsletter called the "Long-Term Investor"! Come check it out, and if you like it be sure to hit subscribe.

The Long-Term Investor - September 2023 Intro to The Long-Term Investor, Capitalizing on Higher Interest Rates, Company Spotlight: Apple, Homeowner's Insurance Review

Concerned about upcoming student loan repayment? Opting for the right plan can cut costs by hundreds per month and thousands over time. Need advice? We're here to help you navigate the best choices for your situation.

The typical American household spent $709 more in July than they did two years ago to buy the same goods and services - Moodys Analytics

Come stop buy and lets see if we can help you save some money each month. Reach out to us today!

Back to school time is coming up fast, invest in your kid's future with an investment account.

Contact us for details

Were you told that a whole life policy is an investment? Were you sold a universal life, variable life, or another life insurance policy that you don't understand? Give us a call for a second opinion today, you might be able to save a good chunk of change and simplify your portfolio.

Our thoughts and prayers go out to all officers involved in todays tragic incident today in Fargo 💙🙏🏼

Happy memorial day, remembering those that paid the price for our freedom.

Leaving my sticks out for Brayden Nelson today. Being a dad myself I can't imagine what his family is going through, our thoughts and prayers are with them all.

🚨 GIVEAWAY ALERT 🚨

2 Red Hot Chili Peppers tickets for tomorrow night (Thursday, April 6th @ 6:30 p.m.) at the FARGODOME

To enter: Like our page, like this post, and share this post!

One winner will be chosen at random tomorrow at 10 a.m.

Tax day is coming up! We know lots of tax tips to help you strategize and save on taxes over your lifetime. With many people this can potentially be tens of thousands of dollars. Contact us to learn more and schedule a consultation

Happy Saint Patrick's Day from Eighth Wonder Investments!

The answer is in the comments

Not sure if you're paying too much for your investments or if your current advisor is doing everything they should be?

Eighth Wonder Investments was started to offer better service and a more hands-on experience to compete with the big banks in town. We are a boutique investment and financial planning firm based in Fargo ND, offering high-touch service at an affordable price.

Call or text us today for a free consultation!

Joe - 701.540.7553
Nathan - 218.790.4813

Do you own or work for a small business and need a retirement plan? Contact us today to get set up with a plan, we offer high service at an affordable price!

Message us if you would like to learn more or get a quote.

Struggling to save as much as you would like?

Start by looking at where your money is being spent each month.

Contact us today for a complimentary financial review: https://8winvest.com/contact-us/

Putting money toward financial goals requires you to regularly check in on where you money is going

☀️ Is retirement in your future? ☀️

Join us on Tuesday, March 7th, at 6 p.m. at Railyard Offices in Fargo to learn more about how to plan for income in retirement that will keep up with ever-rising expenses.

This presentation is open to all ages, and there is no cost to attend!

Register Here: https://planningforlifetimeincome.rsvpify.com

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