Perspectives & News

As the cost of living continues to rise, planning for retirement remains a top priority for many Americans. One of the key components in securing a comfortable retirement is maximizing contributions to retirement accounts such as Individual Retirement Accounts (IRAs) and employer-sponsored 401(k) plans. For 2025, the IRS has set new contribution limits for these retirement savings vehicles, allowing individuals to put away more money for the future.

MCF Advisors LLC (MCF) is proud to announce the addition of two new team members: Ramsey Steele E. Watson, Wealth Transfer Advisor; and Nicholas Glancy, Strategic Transaction Advisor.

With the Tax Cuts and Jobs Act (TCJA) set to expire at the end of 2025, tax rates are expected to increase as they revert to pre-2018 levels. This shift presents a critical planning window for Roth strategies, as individuals can take advantage of the current lower tax rates.

MCF Advisors is excited to announce that four outstanding team members have been named as the newest employee shareholders of MCF. This milestone highlights MCF’s commitment to fostering a culture of engaged team members, outstanding client experiences, and continued financial growth.

By now, most people are aware the Secure Act, passed in 2020, contained major changes to the rules surrounding distribution requirements from Inherited IRAs for accounts inherited in 2020 or after. Primarily, this law eliminated the Stretch IRA provision for non-spousal beneficiaries. For the last several years, however, the requirements have been vague and undefined by the IRS.

Presidential elections in the U.S. can elicit strong emotions and anxiety for investors and often bring significant attention to the stock market, as investors anticipate how political outcomes might influence economic policies. Historically, market behavior around election time follows certain trends, driven largely by uncertainty and speculation about future policy changes.