Red Barn Financial

10/23/2026

10/22/2026

As you may know, the 2025 tax bill contained a new type of savings and investment account. What you may not know is that account has been created for most children. If you have children, even if you don't plan to fund one of these accounts you should claim theirs so fraudsters don't.

Here is what the government says: "On October 1, 2026, the U.S. Treasury completed automatic enrollment for eligible children who do not already have an active Trump Account. Automatic enrollment allows eligible children to begin receiving qualifying philanthropic contributions without first requiring a parent or guardian to open an account.

A parent or guardian must claim the child’s automatically enrolled Trump Account to manage it and allow for family members, friends, and employers to contribute. Eligible children must also have their Trump Account claimed to receive the one-time $1,000 seed contribution from Treasury."

10/19/2026

Being a Certified Kingdom Advisor (CKA®) is probably my proudest professional accomplishment. It gives me the opportunity to help my clients manage their finances in a faith based way. I take it seriously and love continuing to pursuse educaiton that will provide me more wisdom to share. If you want to align your values with your finances, I'd love to connect with you.

10/19/2026

Roughly 68% of American adults do not have a will or an up-to-date estate.
• What an Estate Plan Includes:
• A last will and testament or living trust
• Designated beneficiaries for bank, retirement, and insurance accounts
• Financial and healthcare powers of attorney
• Guardianship designations for minor children

Your Financial Advisor can help you decide what goes into your plan and a good estate planning attorney can help you draft the required documents to make sure it stands up in court if necessary.

Reach out for a conversation.

10/15/2026

DID YOU KNOW?

Effective Jan. 1, 2026, if your 2025 F**A (social security wages) from your current job (as shown in box 3 of your W-2) exceed $150,000*, your age 50+ catch-up contributions must be designated as Roth after-tax. This amount may change in future years due to cost-of-living adjustments.

If you work for a large corporation, they likely already have this worked out. If it's a smaller one, you will want to make sure you do your diligence.

Why is this change being made?

This change is required by Section 603 of the SECURE 2.0 Act of 2022. To learn more about the SECURE 2.0 Act, feel free to reach out to us at Red Barn Financial.

10/12/2026

Another interest-rate hike may be coming this year. The question is when.

Minutes from the Federal Reserve’s September meeting show that most officials believe another increase in the federal funds rate will likely be appropriate before the end of 2026. But policymakers stopped short of signaling whether that could happen at their October 28 meeting or the final meeting of the year on December 9.

📌 Of the 18 Fed officials who submitted rate projections, 16 expected another increase this year.

Why the caution? Inflation remains above the Fed’s 2% target, while officials described the labor market as close to maximum employment and noted that economic growth has picked up.

At the same time, Fed officials emphasized that future decisions will depend on incoming economic data rather than a predetermined timeline.

For now, another hike appears to be on the table, but the timing is still an open question.



Source:

The Federal Reserve on Wednesday released minutes from its Sept. 15-16 policy meeting.

10/12/2026

We are on The Front Door - a list of Smyrna and Murfreesboro businesses Kate Parker recommends. Check out our page and find other local favorites. frontdoortn.com/listing/red-barn-financial"

09/30/2026

Life insurance is not just about protecting income. It is about helping protect the people who matter most.

September is Life Insurance Awareness Month, a good time to revisit your coverage and consider whether it still reflects your family's needs and future goals.

I’m here to help; please reach out.