The ninth annual All About the Girls event, hosted by GreatNews.Life, created by Jenny Craig-Brown, continued the trend of empowering and inspiring women of all ages. With a young team of dancers, seven uplifting women (all who’ve faced trials of...
Kotys Wealth Professionals
Roth IRA Part 3: Mega Backdoor Roth
May’s blog rounds out part 3 of our 3-part series on building Roth dollars for high-income households. In the last two months, we discussed: What to do when your income crosses the Roth IRA contribution limit for the first time and how to avoid any...
Roth IRA – Part 2 Backdoor Case Study
This month’s blog is part 2 of a 3-part series on building Roth dollars for high-income households. Last month we looked at what happens to high income households (for 2024: >$230,000 Married, >$146,000 Single) when they can no longer make...
Roth IRA Income Limits & Fixing Excess Contributions
It’s normal for me to get a few texts from friends & family throughout tax season looking for help. Something I’ve seen more this year than others is people making excess Roth IRA contributions. This is generally a fantastic problem to have...
Common Charitable Giving Strategies
One of the most gratifying things about this profession is that our clients entrust us to help them achieve their financial, and often non-financial, goals. We work with many wonderful people who have big hearts. Many times, after finding peace of...
529 to Roth Rollover
In December 2022 Congress passed the SECURE Act 2.0 (Setting Every Community Up for Retirement Enhancement) which updated many retirement-focused legislation. RMDs (Required Minimum Distributions) from IRAs were pushed from age 72 to age 73 or 75,...
Wes Kotys and Peter Von Tobel to receive Community Improvement Award
Kotys Wealth Professionals Founder and CEO, Wes Kotys, and Principal of Von Tobel Growth Advisors, Peter Von Tobel, will be receiving a Community Improvement Award on Thursday, August 4 for their work to combine Kotys office space with Associated...
Kotys Wealth Professionals and Associated Pediatricians bring new life into a historical Valparaiso building
The Kotys Wealth Professionals ribbon cutting ceremony was held on July 14. The ceremony was combined with the other tenant of the building, Associated Pediatricians. The two businesses worked together to renovate the historical building that used to...