Bruner Wealth Management, LLC

06/15/2025

Father's Day is here! It's a special day to celebrate and honor the fathers and father figures in our lives. Did you know that the first Father's Day was celebrated in 1910? It was established to recognize the vital role fathers play in the lives of their children and families. Take this opportunity to express gratitude and make your dad feel extra loved on this special day.

01/20/2025

01/09/2025

The IRS has released the 2025 tax brackets with a 2.8% inflation adjustment—the smallest increase in several years.

Here's what's changing:
➡️ Standard deduction for married couples filing jointly rises to $30,000
➡️ Single filers' standard deduction increases to $15,000
➡️ Annual tax-free gift limit grows to $19,000 per recipient
➡️ Estate tax exclusion reaches $13.99 million (up from $13.61 million)
➡️ Earned Income Tax Credit maximum increases to $8,046 for qualifying families

Understanding how tax brackets work remains crucial: you're only taxed at higher rates for income above each threshold, not your entire earnings. For example, if you're married filing jointly, you'll pay 10% on the first $23,850 of taxable income, then 12% on earnings above that amount.

Important note: Some provisions aren't changing in 2025, including the $10,000 SALT deduction cap and the $2,000 Child Tax Credit. ⚖️


Source:

The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.

12/02/2024

Your Grandkid’s Education and Your Retirement… can you fund both? Funding your retirement should be your first priority, but if you also want to contribute to your grandkids’ education, read this helpful interview.

4 reasons why you might want to put yourself first

11/25/2024

Are you a super-shopper grandparent? A lot of spoiling can negatively affect your grandkids AND your relationship with their parents.

1. Don't undermine your kids' parental authority.

11/21/2024

🙏🧡 On this day of gratitude, let's remember that kindness and thankfulness are gifts that can be shared all year ‘round. As we gather with family and friends, let's also extend our hearts to those less fortunate. Together, we can make a difference. Happy Thanksgiving, friends! 🍴🍗

11/18/2024

Need an entertaining way to teach your grandkids about finances? These games are inexpensive, fun and encourage money management.

Looking for fun money games and activities for kids? We’ve found more than 20 fun, easy activities and board games that you can easily set up and play at home.

11/11/2024

This three jars method is great for teaching grandkids money management. If you’ve never heard of it, take a look at this explanation.

The 3 jar money system encourages kids to learn about budgeting by splitting their money into saving, spending, and giving categories.

11/05/2024

When you choose to take Social Security might impact your retirement income. Find out how.

One of the most common questions people ask about Social Security is when they should start taking benefits.