Managing your personal wealth isn’t just about the dollars and cents It’s about connecting with what matters to you Across all generations from life changes through life stages Mesirow is here to help That’s why every quarter we write content on topics that we hope are relevant and insightful for you, Its time to consider a Roth 529 conversion, 529 accounts are great vehicles to use to save for college The money grows tax-free and there is no tax on distributions from the account – as long as it is used for qualifying education expenses like tuition books or room and board Additionally many states including Illinois allow for some state tax deductions  More, Are I Bonds still a solid investment choice , Series I Savings Bonds or I Bonds emerged as a popular vehicle in 2022 due to the highest inflation levels since the 1980s While inflation remains relatively high it is prudent to challenge if  I Bonds are still an appropriate savings vehicle going forward More, Invest it all today or average in , Investing in the stock market is a terrific way to grow your wealth over time but volatile markets may often dissuade investors from fully benefiting from long-term compounding Markets can fluctuate wildly day-to-day and make investors nervous about getting started One way to mitigate short-term volatility is to dollar cost average into the market More  , Tools you can use, Mesirow Mondays - Listen In  On the first Monday of every month Mesirow Wealth Management thought leaders are featured on the WGN Radio 720 Your Money Matters show hosted by Jon Hansen Listen to recent broadcasts about retirement and tax-advantaged strategies More Legacy Planning Guide Do you and your family have an estate plan If so have you considered every angle If you don’t have a plan or…

Managing your personal wealth isn’t just about the dollars and cents It’s about connecting with what matters to you Across all generations from life changes through life stages Mesirow is here to help That’s why every quarter we write content on topics that we hope are relevant and insightful for you, A beginner’s guide to 529 plans, Its important to understand the specifics of funding paying the timing and handling of distributions and managing leftover funds in these accounts to maximize the tax advantages offered by 529s More, Why you need a financial plan,  Written plans are critically important to helping you along the way When it comes to your personal finances the same is true A written financial plan can be used to identify your short- and long-term wealth objectives and to create and implement strategies to help you achieve them Your financial goals become attainable and measurable More, Second time’s the charm Achieving financial independence after 50, Mesirow has helped a number of clients with unique financial situations In this case study the client  hit financial success at 50 years old earning approximately $14 million per year Prior to this later success she had no significant savings More, The impact of changing interest rates on estate planning strategies, Changes in the Federal Funds Rate cascade to all corners of finance from credit card rates auto financing mortgages and other rate-sensitive loans to the fixed income (bond markets These changes can also impact many estate planning strategies More, Tools you can use, Mesirow Mondays – Listen In  On the first Monday of every month Mesirow  thought leaders are featured on the WGN Radio 720 Your Money Matters show hosted by Jon Hansen Listen to recent broadcasts about retirement and tax-advantaged strategies More Small Business Guide If you are a business owner who is planning on selling your business now or in the future our goal is to make your journey as…

Managing your personal wealth isn’t just about the dollars and cents It’s about connecting with what matters to you Across all generations from life changes through life stages Mesirow is here to help That’s why every quarter we write content on topics that we hope are relevant and insightful for you, Gift tax reporting for transfers of Irrevocable Trusts, Irrevocable trusts offer investors significant benefits including asset protection from creditors and lawsuits tax advantages by reducing estate and income tax liabilities and efficient wealth transfer while avoiding probate They also support Medicaid and government benefits planning by removing assets from personal estates provide control over asset distribution and facilitate charitable giving…, The Super Catch-up contribution An opportunity you dont want to miss,  If youre in your early 60s retirement may be approaching fast Youre not alone if you feel compelled to save more during this critical period Heres what you need to know More, The importance of asset allocation for retirement and estate planning, Asset allocation is one of the most critical decisions in building and preserving wealth particularly as it relates to retirement and estate planning The way investments are allocated across different asset classes not only determines the growth and security of retirement savings but also impacts how your wealth can be transferred to future generations Importantly asset allocation is not a static…, Selling your business Tax planning strategies to consider well before you pull the trigger, Changes in the Federal Funds Rate cascade to all corners of finance from credit card rates auto financing mortgages and other rate-sensitive loans to the fixed income (bond markets These changes can also impact many estate planning strategies More, Tools you can use, 2025 planning guide This guide is a consolidated list of the annual contribution limits tax rates and payment requirements for 2025  DOWNLOAD Estate planning is not a diy task Having an estate plan ensures that your legacy will live on But these decisions can be intimidating existing at a nexus of numerous investment vehicles confusing tax regulations opaque insurance policies and legal contacts…

Managing your personal wealth isn’t just about the dollars and cents It’s about connecting with what matters to you Across all generations from life changes through life stages Mesirow is here to help That’s why every quarter we write content on topics that we hope are relevant and insightful for you, Retirement Lifestyle, Your life in retirement has the potential to exceed the life of your career Think about that That’s very different than the generations before us Having a plan—both a financial plan and a plan for how you plan to spend the next 30+ years—has never been more important People with a plan are not surprisingly significantly more satisfied in retirement More, Tax-Advantaged Investing, As stocks dip this year some investors are taking advantage of the market volatility by converting their traditional pre-tax IRAs to a Roth IRA Why Because the decline in the current market value of the Traditional IRA means a reduced tax liability upon conversion More, Planning and Advice, When it comes to meeting goals and staying on budget and on track to attain your financial objectives financial planning is critical Everyone has unique circumstances that must be considered when creating a comprehensive plan and members of the LGBTQ community may have additional factors to consider when it comes to planning More, Retirement Planning, Some baby boomers are considering moving up their retirement dates but are faced with many variables to ponder such as having enough assets to live comfortably how to maintain their lifestyle and how to deal with healthcare In this informative guide you will find four areas of focus to help you bring all those blurry potential outcomes into sharper relief Download, Tools you can use, SEC Investor Alert - Social Media and Investment Fraud We have also included a link to an investor alert from the SEC Investor Alert highlighting 8 SEC regulations to prevent investors from being scammed and how scammers may exploit vulnerabilities Document locator How easy is it for you or a family member to locate your most important documents in an emergency Mesirow’s document locator provides…

Managing your personal wealth isn’t just about the dollars and cents It’s about connecting with what matters to you Across all generations from life changes through life stages Mesirow is here to help That’s why every quarter we write content on topics that we hope are relevant and insightful for you, FDIC Insurance What you need to know after the recent bank failures, The Federal Deposit Insurance Corporation (FDIC was founded in 1933 during the Great Depression to increase public faith in US Banks Learn about how the FDIC effects your bank savings More, Case Study Peace of mind for generations How Mesirow helped a family protect their assets and legacy, A family came to Mesirow because the trusts’ investments utilization of the funds for the client’s ongoing needs and eventual transfer to the next generation was in question In the end Mesirow helped the client and his family pursue peace of mind More, Are your philanthropic gifting strategies still up to date, There have been changes to IRS regulations over the last few years that have in some instances expanded how an individual may want to consider carrying out charitable giving If you are making charitable contributions now is a good time to re-examine the tax benefits of doing so and if the gifting strategies you are utilizing are best for you More, Renting versus buying a home Deciding whats best for you, When finding a place to call home the decision to rent or buy can impact your lifestyle and financial situation Both renting and buying offer distinct advantages and considerations and it is important that you carefully evaluate them before making a decision More, Tools you can use, Mesirow Mondays – Listen In  On the first Monday of every month Mesirow Wealth Management thought leaders are featured on the WGN Radio 720 Your Money Matters show hosted by Jon Hansen Listen to recent broadcasts about retirement and tax-advantaged strategies More Bringing retirement into focus Four steps toward retiring early and well If you are considering whether retirement is right for you…

Managing your personal wealth isn’t just about the dollars and cents It’s about connecting with what matters to you Across all generations from life changes through life stages Mesirow is here to help , This quarter weve written about how finances can adapt to various life and investment transitions , Dont get stuck How a 1035 Exchange may help keep your insurance up-to-date, When executing your overall financial plan insurance policies and insurance-related products such as annuities can often be very useful tools One specific benefit of these products is that they are often structured to be useful over long periods of time However their long-term utility also puts them at risk of becoming obsolete as market trends shift and products improve or are no longer…, It may be time to review your businesss buy-sell agreement after recent US Supreme Court decision, When two or more persons own a business a buy-sell agreement serves a critical role in defining what happens to the business if an owner dies becomes permanently disabled retires or otherwise exits the business The United States Supreme Court recently issued a decision which may have a significant impact on closely-held businesses with certain Buy-Sell Agreements,  , More, College checklist Five tips for students, Heading off to college can be exciting and scary at the same time For some it may be the first time they are moving away from home and managing their personal finances more independently Share these tips with someone you know heading off to school as they navigate life away from home More, Have you had the talk with your children, Discussions between parents and children are not easy and get more complex as we advance to different stages in life Regardless of how mature we think we are as the parent or the child some discussions are just “not fun” Preparing and engaging in them creates stress and anxiety however not having them may result in a more devastating outcome More, Tools you can use, Legacy guide  Our guide “Blaze your trail Ensure your legacy by mapping out a thoughtful wealth transfer strategy” is designed to help you begin that journey and to give you a roadmap to making a legacy plan a reality More estate planning fact sheet Let us help you using our new estate planning resources Having an estate plan ensures that your legacy will live on But these decisions can be…

Connor Cope is Vice President of Acquisitions in Mesirow Institutional Real Estate Direct Connor is responsible for supporting all aspects of the acquisition process including sourcing financial analysis due diligence financing and underwriting procedures Connor received his Bachelor of Business Administration in Real Estate and Urban Land Economics from the University of Wisconsin-Madison Connor…