Wealth Alliance Advisory Group, LLC

03/12/2025

Ever wonder who’s really managing America’s wealth? The answer might surprise you. 💪

49% of women now serve as their households’ financial decision-makers, up from 41% in 2021!

To put that in perspective: Before 1974, women often couldn’t even open a bank account without a male co-signer.

Today, they’re projected to control $34 trillion in U.S. investable assets by 2030.

What makes women exceptional financial leaders? Research shows they:
▪️Tend to take a more patient approach to investment decisions
▪️Maintain strategies during market volatility
▪️Champion sustainable and socially responsible investments
▪️Know when to seek guidance

Women’s History Month is a powerful reminder of women's progress in pursuing financial independence and leadership.

As more women take control of their financial futures, opportunities to help build lasting wealth, create financial strategies, and shape meaningful legacies have never been greater.

03/10/2025

⏰ Final Reminder: Medicare General Enrollment Ends March 31!

The general enrollment period (GEP) is the chance of enrolling in Medicare if you missed doing so when you first became eligible (the initial enrollment period [IEP]).

🧐 What’s the difference between the IEP and the GEP?

🔹 Initial Enrollment Period (IEP):
▪️Who: New Medicare-eligible individuals (turning 65 or newly disabled)
▪️When: A seven-month window—three months before, the month of, and three months after your 65th birthday
▪️What: Enroll in Part A (hospital coverage) and/or Part B (outpatient care and other medical services), with the option to add Part C (Medicare Advantage) or Part D (Prescription Drugs)

🔹 General Enrollment Period (GEP):
▪️Who: Anyone who missed their IEP and doesn’t qualify for a special enrollment period
▪️When: January 1–March 31 each year
▪️What: Enroll in Part A and/or Part B only. You must wait for the next enrollment window to add Part C/Part D.

✅ Take Action Before March 31st:

1. Review Your Coverage Needs: Decide if you need Part A, Part B, or both
2. Enroll Today: Visit ssa.gov or call your local Social Security office
3. Plan Ahead: Mark your calendar for the next chance to add Part C or Part D

We have some resources at our offices if you have questions about navigating Medicare.

03/08/2025

⏰ ⏰ Spring Forward This Sunday! 🌞

Daylight saving time starts Sunday, March 9—don’t forget to set your clocks forward one hour.

Here’s to longer, brighter days ahead!

03/07/2025

🌟 Happy Employee Appreciation Day! 🌟

Today, we celebrate the incredible team that drives our success. As financial professionals, we know that serving our clients and running a strong business is only possible because of our team's hard work, dedication, and talent.

To our employees—and to the hardworking teams everywhere—your commitment, passion, and drive make all the difference.

Thank you for everything you do!

03/07/2025

Stubborn inflation and mixed economic signals continue to shape markets. This month's Market Insights breaks down what drove performance and what investors are continuing to watch in 2025.

Monthly Market Insights | March 2025 U.S. Markets Stocks stumbled in February as stubborn inflation, mixed economic signals, and an evolving trade policy weighed on investors’ minds. The Dow Jones Industrial Average declined 1.58 percent while the Standard & Poor’s 500 Index fell 1.42 percent. T...

03/05/2025

At Wealth Alliance, we are proud to support the Wichita Metro Crime Commission and happy to sponsor the Criminal Justice Professional of the Year Award, presented to KBI director Tony Mattivi.

03/04/2025

Many groundbreaking women have this in common: someone saw her potential before she did and took the time to nurture their talents.

This Women’s History Month, we’re celebrating the ripple effect of mentorship. It’s the manager who advocated for your first leadership role: maybe it was the professor who pushed you to think bigger or the colleague who helped you find your voice in the boardroom.

But it's also the quiet moments: coffee chats that turned into career guidance, candid conversations about impostor syndrome, and the "you've got this" texts before big presentations.

Who was that person for you? Tag a woman who helped you grow, or share how you're paying it forward.

03/03/2025

⏰ Business Owners: The Federal Tax Deadline is March 17

Key Filing Requirements:

S Corporations:
▪️File Form 1120-S to report income, deductions, and credits
▪️Distribute Schedule K-1s to shareholders

Partnerships:
▪️File Form 1065 to report business income
▪️Distribute Schedule K-1s to partners

Extension Option:
▪️File Form 7004 for a six-month extension
▪️If they extended, the new deadline would be September 15, 2025
▪️Note: An extension only extends the filing deadline, not the payment due date

With the March 17 deadline approaching, double-check all documentation for accuracy and completeness. If you anticipate any issues meeting the deadlines, consult with your tax, legal, or accounting professional and consider filing for an extension.

02/27/2025

Here's a stunning fact: Over 29 million forgotten retirement accounts hold nearly 1.65 trillion dollars in the U.S.

With frequent job changes, it’s easy for retirement accounts to get lost. Left unattended, they can even be turned over to the state as unclaimed property.

Here’s how to find them:
1️⃣ Check with past employers. HR or plan administrators can provide account details.
2️⃣ Search online tools like the National Registry of Unclaimed Retirement Benefits or MissingMoney.com.
3️⃣ Use state or federal resources to track unclaimed funds.

👍 Good news: The SECURE Act 2.0 has directed the Department of Labor to create a comprehensive, searchable database to make locating lost retirement accounts easier than ever. This tool is expected soon.

If you or anyone you know has questions about potential missing retirement accounts, please don’t hesitate to contact us.

02/24/2025

💡For many, this is annual bonus payment season. What are your plans for this year’s bonus?

Before you start considering your home improvement projects, vacations, or other splurges, any time you receive a lump sum of money, it’s worthwhile to think about the following:

👉 Step 1: Pay Off High-Interest Debt
Tackle credit card balances first—knocking out high-interest debt can help you manage those costly payments.

👉 Step 2: Boost Your Emergency Fund
If you haven’t already, set aside 3-6 months of expenses to help pay for unexpected events.

👉 Step 3: Grow Your Wealth
Evaluate your strategy with tax-advantaged retirement accounts. A financial professional can offer some guidance if you have questions.

👉 Step 4: Balance Multiple Goals
Not sure where to start? One idea to consider is splitting your windfall. For example:

▪️ 50% to debt repayment
▪️ 30% to savings
▪️ 20% to long-term investments

✨ Every dollar you manage intentionally today may improve the outlook for your financial future. Don’t waste these opportunities.

02/22/2025

Healthcare costs can be one of the most significant and often unexpected expenses in retirement. The decisions you make today about your health might have a lasting impact on your financial and physical well-being.

February is National Wise Healthcare Consumer Month, so what can you do?
Think of yourself as the CEO of your health:
🔍 Ask questions about recommended tests and procedures.
📋 Research providers to see if they align with your needs.
💬 Have an open dialogue about costs—knowledge is power when it comes to navigating care choices.

Taking a proactive approach to healthcare isn't just about saving money—it's about looking to receive the best care possible.

Small steps today can lead to better health and financial confidence tomorrow.

02/17/2025

Presidents' Day reminds us of the leaders who’ve shaped our nation with vision and purpose.

It’s a good moment to appreciate the values of trust, responsibility, and stewardship—principles that resonate deeply in our work as financial professionals.

Just as great leaders built a foundation for future generations, we’re here to help our clients build and protect their own legacies.

Here’s to leadership that endures and the commitment to leave things better than we found them.

02/15/2025

February is a time when emotions take center stage—whether it's about love, connection, or reflection. It's also a reminder that emotions play a huge role in how we manage our money.

Many people spend weeks doing research before buying a car or major appliance but make hasty, reactive financial decisions during market turbulence. Why? Because money isn’t just about numbers—it’s about psychology.

The Takeaway:
Building wealth isn’t about chasing every last return—it’s about staying the course, even when the road ahead is uncertain or slippery. A well-crafted strategy acts as your map, helping you navigate icy patches while keeping you aligned with your long-term goals.

02/14/2025

💟 On Valentine’s Day, we celebrate the partnerships that enrich our lives.

For us, it’s also a moment to be grateful for the trust our clients place in us and the relationships we’ve built that go far beyond the numbers.

The same principles that make personal relationships strong—trust, shared goals, and mutual understanding—are the foundations of how we work with our clients.

It’s an honor to be part of your journey and to help shape futures that reflect your goals and values.

Wishing everyone a day filled with meaningful connections and a reminder of the importance of partnership in all areas of life. 🤝

02/11/2025

🚨 Here’s a scary fact: Between 2015 and 2021, the IRS identified and stopped 29 million suspicious tax returns and prevented $22 billion in fraudulent refunds.

Furthermore, in April 2024, a massive data breach at National Public Data exposed 2.9 billion records, including 272 million Social Security numbers, names, addresses, and other sensitive details.

Know the warning signs:
▪️ Calls/emails claiming to be the IRS
▪️ Demands for gift card payments
▪️ Threats of arrest or legal action
▪️ Requests for immediate personal information

👉👉 Remember: The IRS first contacts you by mail, not by phone or email.

Act quickly if you suspect tax return fraud:
▪️ Contact the IRS Identity Theft Hotline: 1-800-908-4490
▪️ File Form 14039 (Identity Theft Affidavit)
▪️ Place a fraud alert with credit bureaus

For more information on safeguarding your tax identity, consider visiting the IRS Tax Scams page at https://www.irs.gov/help/tax-scams/recognize-tax-scams-and-fraud, or explore resources like the FTC’s Consumer Protection updates.

This article is for informational purposes only. In addition to the action items above, we would encourage you to consult your tax, legal, and accounting professionals if you believe you are a target.

02/08/2025

During National Cancer Prevention Month, we all recognize the profound impact cancer has on our communities and the power we hold to make a difference.

The statistics are sobering, yet they underscore the importance of our collective efforts:
▪️ In 2024, an estimated 2,001,140 new cancer cases and 611,720 cancer deaths were projected in the United States, according to a 2024 report in the National Library of Medicine.
▪️ Early detection significantly improves outcomes: localized breast cancers have a 99% 5-year survival rate, compared to 31% for metastasized cases, according to a 2024 report by the American Cancer Society.

These numbers represent not just statistics but also families, friends, and neighbors—many of whom we serve in our practice.

Check out these proactive steps:
▪️ Schedule regular check-ups and screenings
▪️ Support loved ones undergoing treatment
▪️ Contribute to cancer research and patient support organizations

As financial professionals, we understand the importance of preparing for the future. This month, let's extend that foresight to our health and the well-being of our community.

02/07/2025

Steady Fed policy and unexpected tech news shaped February's markets. This month's Market Insights breaks down what drove performance and what investors are continuing to watch in 2025.

Monthly Market Insights | February 2025 U.S. Markets Stocks rallied in January on upbeat Q4 corporate reports and solid economic news that quieted talk of an inflationary comeback. The Dow Jones Industrial Average led, tacking on 4.7 percent. The Standard & Poor’s 500 stock index picked up 2.7 per...

02/06/2025

❤️ Even though we're financial professionals, we care about more than just the financial health of the families we serve.

February is American Heart Month, and the 2024 statistics from the American Heart Association underscore the importance of an investment in our heart health:

▪️ Cardiovascular disease accounts for nearly one-third of all deaths globally.
▪️ Every 34 seconds, someone in the U.S. experiences a heart attack.
▪️ 80% of premature heart disease is preventable through lifestyle changes.

Just as we advocate for proactive personal finance, we encourage you to stay vigilant with your heart health and prevention strategies. A strong heart is the foundation of a truly rich and fulfilling life.