Impact Wealth Management

10/21/2026

A Little Good News for Charitable Giving!

As we approach the end of the year, it's a great time to start gathering records of your charitable contributions, especially if you've made Qualified Charitable Distributions (QCDs) from your IRA.

What is a QCD?

For individuals age 70½ or older, a QCD allows you to make a donation directly from your IRA to an eligible charity. When done correctly, these donations can be excluded from taxable income and may even count toward your Required Minimum Distribution (RMD).

And here's some good news from the IRS!

Historically, QCDs haven't been specifically identified on Form 1099-R, making it especially important to maintain accurate records and communicate those donations to your tax preparer.

The IRS has now introduced a new reporting code (Code Y) that allows financial institutions to identify QCDs on Form 1099-R. While this reporting is still optional for 2026, it's a welcome step toward making tax reporting a little easier!

At Impact, this is something we help our clients stay on top of.

We help our clients track the QCDs we facilitate throughout the year so they have the information they need when tax season arrives.

It's one more way thoughtful financial planning goes beyond managing investments.

As always, good recordkeeping and communication with your tax professional remain important!

10/19/2026

Please Join Us in Welcoming Lucas!

We're excited to introduce Lucas Fitzgerald, AAMS®, who joined Impact Wealth Management in August as our Associate Advisor Apprentice!

As Lucas continues to learn and grow in his role, he'll be working alongside our team to support the thoughtful, personalized service that's at the heart of what we do at Impact.

As our team grows, we're committed to preserving what makes Impact special: meaningful relationships, thoughtful financial planning, and a genuine commitment to the people we serve.

We're so glad to have Lucas as part of the Impact team and excited for what lies ahead!

Please join us in giving him a warm welcome! 👏

10/19/2026

🍕 Good Food. Great Cause. Meaningful Impact. ❤️

We're excited to support Haiti Alive, a local nonprofit doing meaningful work to help families in Haiti!

Join us TONIGHT, October 19, between 4:30–8:00 PM at Pizza Ranch (41st & Kiwanis in Sioux Falls) for an evening of good food and giving back.

At Impact Wealth Management, we believe making an impact goes beyond financial planning. It's about showing up for our communities, supporting causes that matter, and making a difference wherever we can.

Our team will be participating in tonight's fundraiser, and we'd love to see some familiar faces there!

🍕 Eat pizza. Feed families. Make an impact. ❤️

10/15/2026

📅 Medicare Open Enrollment Begins Today!

A friendly reminder that Medicare's annual Open Enrollment Period runs from October 15 through December 7.

If you're currently enrolled in Medicare, now is a great time to review your coverage for the coming year.

Premiums, prescription drug coverage, and provider networks can change, so even if you're happy with your current plan, it's worth taking a look!

Healthcare is an important part of retirement planning, and staying informed is one way to prepare for the years ahead.

10/13/2026

🎀 October is Breast Cancer Awareness Month.

Breast cancer awareness is about more than wearing pink. It's about encouraging conversations, prioritizing our health, understanding our individual risks, and recognizing the importance of early detection.

It's also about showing up for one another. Supporting those in treatment, celebrating survivors, remembering those we've lost, and standing alongside families whose lives have been forever changed.

At Impact, we believe that living a meaningful life begins with taking care of what matters most. And nothing matters more than the people we love and the health that allows us to enjoy life together.

Today, we're reminded to talk with our healthcare providers about recommended screenings, check in on a friend, and never underestimate the difference a little compassion can make.

To everyone whose life has been touched by breast cancer, we see you, we honor you, and we're cheering you on. 💗

10/10/2026

🧠 October 10 is World Mental Health Day!

When we talk about preparing for retirement, the conversation often centers around finances. Have you saved enough? Will your money last? Can you afford the lifestyle you've envisioned?

But there's another important part of retirement planning that doesn't always get the attention it deserves: your mental and emotional well-being.

Retirement is a major life transition! For many people, work has provided more than a paycheck. It's provided purpose, routine, relationships, and even a sense of identity.

When those things suddenly change, retirement can feel very different from what we imagined.

That's why we believe preparing for retirement should involve more than just a financial plan. It's also about asking some of the bigger questions. What will give your days purpose? How will you stay connected, keep learning, nurture your relationships, and prioritize your well-being?

In fact, the entire first section of Richelle's book, Retire with Joy, is dedicated to mental and emotional preparation for retirement. From building healthy habits and finding purpose to preparing your marriage and keeping your mind engaged, these are things worth thinking about long before your last day of work.

Because we believe a successful retirement is measured by more than dollars and cents. It's about living with purpose, connection, and joy. 🧡

10/06/2026

🎉 It’s Financial Planning Month! 🎉

We know, we know… you’ve probably been counting down the days. October rolls around and while everyone else is thinking about pumpkin patches, fall colors, and Halloween, you’re thinking, “Finally! Financial Planning Month!” 😂

Okay… maybe that’s just us.

The truth is, we really DO love this stuff. We love digging into the details, running the numbers, thinking ahead, asking the “what if?” questions, and making sure all the pieces of your financial life are working together.

And there’s a reason we spend so much time doing it: so you don’t have to.

You should get to spend your time doing the things YOU love with the people you love.

We’ll happily spend ours thinking about tax planning, retirement projections, investment strategies, estate planning, and all those little details that probably aren’t keeping you awake with excitement. 😉

So happy Financial Planning Month from the people who are genuinely nerdy enough to celebrate it. 🎉

We’ll happily spend our time on the planning. You go enjoy October. 🍂

10/01/2026

Have you checked out all of the classes available through Sioux Falls Community Education? 📚

We have such a great variety of opportunities to learn something new, try a new hobby, or simply get out and have some fun right here in our community!

And we especially wanted to share this one: Sioux Falls residents age 60+ can join the Gold Card Club for FREE, with classes and special events geared specifically toward older adults. 💛

From arts and cooking to wellness, hobbies, technology and more, there really is something for just about everyone including online classes you can take from home!

Take a look and see what catches your eye:

✨ Community Education & Gold Card Club: www.sf.k12.sd.us/page/comed
✨ Browse current classes: sfsdcomed.myrec.com
✨ Online classes: www.ed2go.com/sfsd

We love finding and sharing great resources available in our community. You might just discover your next favorite hobby! 😊

09/29/2026

☕ Happy National Coffee Day!

If you’ve spent any time in our office, you know there’s usually coffee brewing and we think some of the best conversations happen with a cup in hand.

Our office is more than the place we come to work.

It’s a place we come to connect.

We talk about life here.

Families and careers.

Big dreams and hard decisions.

Retirement plans and travel plans.

What’s changing, what matters most, and what you hope the next chapter might look like.

Because while we may spend our days talking about finances, the conversations that matter most are really about the life those finances make possible.

So today, we’re celebrating good coffee, good conversation, and the people we’re lucky enough to share both with. ☕💛

09/24/2026

You’ve spent decades preparing financially for retirement…but have you thought about what you’re actually retiring TO? 🤔

In the third and final part of our Financial Checklist for Your 50s, we’re stepping away from some of the numbers and focusing on the bigger picture.

Because preparing for retirement isn’t just about investments and account balances. It’s also about:

✔️ Making sure your insurance and risk management still fit your life
✔️ Having important conversations with aging parents and your own family
✔️ Thinking about how you want to spend your time in retirement
✔️ Making sure you have the right financial planning relationship for the years ahead

Retirement doesn’t have to be busy to be meaningful but it should be intentional.

Money can help fund your retirement. But it won’t define it. The goal is to build a life you’re excited to wake up to.

You’ve spent decades building this life. Now it’s time to start looking forward to what comes next.

Read the third and final part of our Financial Checklist for Your 50s here:
https://letsimpactwealth.com/the-financial-checklist-for-your-50s-part-three-start-looking-forward

The final installment of our Financial Checklist for Your 50s series explores insurance, family conversations, finding purpose in retirement, and choosing the right financial planning relationship.