We want to make you aware of a potential tax development in Washington State that may affect some high-income households.  Yesterday, Washington advanced legislation that would create a new state income tax on high earners, often referred to as the “Millionaires’ Tax.” The proposal represents a notable shift in Washington’s tax policy, as the state has historically operated without a broad personal income…

Tschetter Group is proud to announce that our Financial Planner, Amanda McCarty, has officially earned her CERTIFIED FINANCIAL PLANNER™ certification. The CFP® designation is widely recognized as the highest standard in financial planning and represents a rigorous journey of education, experience, and examination. Amanda joined Tschetter Group in 2023 and has quickly become an essential…

On July 4th, President Trump signed the One Big Beautiful Bill Act (OBBBA), marking the most significant tax code change since 2017. The bill is far-reaching, with changes spanning estate planning, business ownership, education, retirement, energy, and healthcare. While we’re still reviewing the full scope of the legislation, we’ve highlighted a few of the most…

We want to make you aware of a significant change that may impact estate planning for many Washington residents. Yesterday Governor Ferguson signed into law the largest estate tax increase in Washington State history. While we are still reviewing the full details, we are closely monitoring these changes and evaluating their potential impact on your planning.  …

Seasons Greetings! As we quickly move into preparing for the Holiday season, we wanted to be sure to remind you of a few year-end deadlines for 2023, as well as prepare you for planning updates in 2024. Let’s Start with Some 2023 End of Year Items:  Requests and processing times increase as we approach December,…

Last week we celebrated six years as an independent advisory firm. Let us be clear, all our reasons to celebrate come back to the wonderful group of clients and friends of the firm who journey with us, so thank YOU for this milestone! When we set out, we kept one question above all the others: “Can we…

At Tschetter Group, our mission is to give people optimism about life and money. As we’ve pressed into this mission, we’ve learned one of the most important components of inspiring optimism is to give people confidence in every financial decision they make. As the world evolves around us and we continue to get inundated with…

Greetings and Happy New Year! With more than 100 individual provisions aimed at modernizing the U.S. retirement planning system, SECURE 2.0 has been approved by congress and we at Tschetter Group have highlighted several key changes that may be of interest below: Changes to Required Minimum Distributions (RMDs) One major change within the legislation is the extension…

Season’s Greetings!   It’s hard to believe that we are heading into the last couple of months of the year. We want to make you aware of a few year-end deadlines for 2022 so that we can help you accomplish any remaining financial goals in a timely manner. Looking ahead to 2023, we also highlighted some…

Greetings and Happy Spring! For many of us, the renewal of spring signals that it’s time to get into spring cleaning mode – sweeping the dust out, rotating our wardrobes, decluttering our rooms. The goal is to tidy and freshen up your living space as the new season rolls in. I know for me, taking…