The IRS recently announced updated retirement plan contribution limits, effective 2022. It’s a great time to review your retirement accounts and consider adjusting your contributions to be sure you are taking advantage of the increased contribution limits. To see the IRS changes made for 2022, review our new contribution chart.

When it comes to family finances, effective communication is critical for a healthy relationship. Sadly, money conflicts have led to a significant number of divorces among couples in the U.S. If you and your spouse have trouble discussing money, taking the couples and money quiz and following a few straightforward steps can help you avoid financial conflicts and strengthen your relationship.

Understanding the fundamentals of personal credit can help you more efficiently pursue your personal, professional and financial goals. Kathleen Kenealy, Director of Financial Planning at Boston Private, discusses the essentials that can help you quickly establish, oversee and optimize your credit and build it into a dependable resource that can be utilized throughout your lifetime.

Discover ways to reduce your taxes now and in the future. Our tax planning checklist has been revised and updated with the latest strategies needed for your 2021 tax planning. We discuss eleven simple tactics that may help you lower your tax rates. Be sure to review these options with your advisors before the December 31 deadline.

Preparing to inherit wealth involves many interdependent facets that can become overwhelming. To overcome these challenges, Boston Private partnered with the University of Chicago Booth School of Business to develop a Mentorship and Preparedness Program that readied next generation family members for their transition. Hear about this 6-week program from a recent participant.