White Pine Wealth Management

10/16/2025

The loss of a loved one is an already overwhelming experience for the family of the deceased, and having to go through the process of settling an estate can make things even more complex and stressful. With all these emotions swirling, you may feel lost on where to begin.

In this step-by-step guide, we break down the steps needed to settle the estate and also specify how your financial advisor can be a resource in supporting you during this period.

https://hubs.li/Q03L_WXP0

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10/13/2025

“What do I need to do now?” That is a question you might ask yourself after the death of a loved one—and for good reason. There are often a lot of issues to consider and steps to take. The following list may help you and/or others during this difficult and stressful time. Not all of the points will apply in all cases, but many of them may.

Here we put together a list of tasks to complete following the death of a loved one: https://hubs.li/Q03L_NMn0

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10/09/2025

Throughout life, we all face important financial decisions—from planning for retirement to navigating major life changes. Yet managing these decisions can often feel overwhelming, time-consuming, and emotionally taxing. You're not alone.

Learn more about the value of working with a financial advisor: https://hubs.li/Q03L_Jt60

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10/06/2025

It’s a wonderful yet overwhelming milestone: your child taking that next step toward adulthood by heading off to college. Giving them the space to find their own way is an important part of this process. But so too is preparing them to handle the unexpected.

You may be used to stepping in to take charge whenever the need arises, but without the right planning and precautions you may find yourself unable to help your college student in the midst of a medical emergency. Proactive preparation, beginning with these basic steps, will help protect your child so they can focus on the new academic and social adventures ahead.

https://hubs.li/Q03L_k750

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10/02/2025

Starting September 30, 2025, the Social Security Administration (SSA) will stop mailing paper checks and transition entirely to electronic payments. This change follows an executive order signed in March aimed at reducing delays, minimizing fraud, and improving overall efficiency.

We understand that this change may be overwhelming, but we are here to help you navigate the transition smoothly and ensure your payments continue without interruption.

Here are some things you should know: https://hubs.li/Q03L_k290

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09/05/2025

Happy National 401(k) Day! Each year, on the Friday after Labor Day, the Plan Sponsor Council of America recognizes National 401(k) Day. On this day, we put retirement savings in the spotlight and assess how we are progressing toward our retirement goals. We also use this day to encourage business owners to sponsor retirement programs for their employees and educate employees on how to make the most of their company-sponsored benefits.

However, we recognize that 401(k) plans can be confusing to understand, especially since each person has their own specific retirement goals to work toward. We discuss the common pain points of investing in 401K(k) plans and how to maximize your plan’s benefits on our website.

You can read more about 401(k) plans here: https://hubs.li/Q03H6N6N0

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09/03/2025

We’re excited to introduce our newly designed website! On our website, you can learn more about our team, the services we provide, quarterly newsletters, market commentary, and so much more! What features or resources would be most helpful for you as you pursue your financial goals? Let us know your thoughts!

Check out our website here: https://hubs.li/Q03DWy3y0

09/01/2025

Happy Labor Day! White Pine Wealth Management wishes everyone a happy and safe holiday!

Our office will be closed today, Monday, September 1st in observance of Labor Day, a NYSE holiday. We will resume normal business hours tomorrow, Tuesday, September 2nd at 8:30am ET.

08/28/2025

If you have investments in pretax retirement accounts (i.e., IRAs, 401(k)s, etc.), the IRS requires you to take taxable required minimum distributions (RMDs) from these accounts on an annual basis once you reach age 73 (subject to change). These RMDs begin as a relatively small percentage of your retirement assets but increase over time as you age, potentially creating a high tax burden and possibly even pushing you into a higher income tax bracket or phasing you out from other tax deductions.

Qualified charitable distributions (QCDs) provide the opportunity for those who are charitably inclined — and don’t need the RMDs for cash flow — to mitigate this tax burden. Click the link below to read more about QCDs!

https://hubs.li/Q03DWrYQ0

#2025

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08/26/2025

One of the best tools to save for a child’s education, 529 accounts, now include a feature that allows surplus funds to be saved for retirement without incurring taxes or penalties.

The central benefits of 529 plans, which were born out of Section 529 of the Internal Revenue Code, are tax-free investing and distributions for qualified college education expenses. Additionally, account owners can have distributions up to $10,000 per child per year for K–12 expenses and the cost of apprenticeship programs, and up to $10,000 for qualified student loan repayments (lifetime limit).

Click the link below to read more about 2025 Features of 529 College Savings Plans!

https://hubs.li/Q03DWqkx0

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08/20/2025

From the moment you begin your first job after college, you're laying the foundation for your financial future, especially retirement. Yet, many investors overlook a critical factor in long-term planning: market volatility.
Global and domestic events—such as tariffs, political unrest, natural disasters, inflation, and interest rate changes—can all disrupt financial markets. These fluctuations often trigger emotional reactions, leading investors to make impulsive decisions like shifting or withdrawing investments, especially if they are near retirement age. While these moves may offer short-term relief, they can derail the progress you made toward the financial goals you worked for over the years.

There are several different areas where you can protect your finances while continuing to make progress on your goals. Click the link below to learn more!

https://hubs.li/Q03BBvwT0

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08/15/2025

On July 4, 2025, President Trump signed the One Big Beautiful Bill Act into law, ushering in sweeping reforms across multiple sectors, including tax policy, immigration, healthcare, food assistance, and energy. However, some of the most significant and immediate impacts of the legislation will be felt by students and families navigating the cost of higher education.

In this blog, we’ll break down the key changes to each of these programs, explore how they may affect you or your family, and offer practical strategies for affording college in light of the new loan limitations.

https://hubs.li/Q03BzZtK0

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