Hassell Wealth Management

Hassell Wealth Management We are a fee-only, fiduciary Registered Investment Advisory firm providing clarity, strategy, and accountability in helping clients meet their goals.

Trump Accounts are one of the newest tools in family wealth planning, and most people still don't fully understand them....
05/15/2026

Trump Accounts are one of the newest tools in family wealth planning, and most people still don't fully understand them. Families already have 529s, UTMAs, and custodial accounts, and Trump Accounts do not replace any of them.

What they do add is a Roth conversion pathway that is hard to replicate any other way. A 529 has a provision allowing up to $35,000 to roll into a Roth IRA after 15 years. The UTMA offers no Roth pathway at all. Trump Accounts, at $5,000 per year from birth, could give a young adult significantly more to convert.

The trade-off is flexibility. The funds are locked until 18 and limited to low-cost U.S. equity index funds during that period. Whether that fits your family's situation depends on the full picture.

We lay out the comparison here.

A new tax-advantaged account for children launches July 2026. Here is what Trump Accounts are, how they compare to 529s and UTMAs, and what makes them worth a closer look.

Maybe it's unopened mail on the counter. Maybe it's confusion about a bill they've always handled easily. Maybe it's a q...
05/01/2026

Maybe it's unopened mail on the counter. Maybe it's confusion about a bill they've always handled easily. Maybe it's a question about their will that gets waved off with "we'll figure that out later."

For many adult children, there's a moment when something shifts, and you realize it may be time to talk to your parents about their finances.

It's not an easy conversation to start. But having it while there's time to plan thoughtfully can make a meaningful difference for your parents and your whole family.

Noticing the signs that a parent may need financial support? Here is what to watch for and how to start the conversation.

Most parents know they need to have the estate planning conversation with their family. Where the documents are, who mak...
04/15/2026

Most parents know they need to have the estate planning conversation with their family. Where the documents are, who makes decisions, how assets are divided. But many keep putting it off.

The cost of avoiding it shows up later, when someone is grieving and also trying to figure out who has authority, where the will is, and what Mom or Dad actually wanted. That confusion can stretch out for months and strain family relationships in the process.

The families who have had this conversation often say the same thing: It was easier than they expected, and the relief was immediate.

Most parents know they need to have the estate planning conversation with their adult children. Here is how to prepare and what to cover.

Nobody looks forward to estate planning. But the families who have been through a loss without a clear plan in place wil...
04/06/2026

Nobody looks forward to estate planning. But the families who have been through a loss without a clear plan in place will tell you: The confusion that follows is far worse than the discomfort of the conversation.

A clear estate plan answers the hard questions in advance — who gets what, who makes decisions, and what you actually wanted. For Louisiana families, usufruct and forced heirship laws add considerations many other states don't have.

But the hardest part is starting. And once it's done, people often say the same thing: They wish they had done it sooner.

Clear estate planning is one of the most loving things you can do for your family. Learn what a complete plan includes and what Louisiana families need to know.

The rules around Roth IRAs have shifted. Contribution limits, catch-up thresholds, employer-plan RMD exemptions, and 529...
03/26/2026

The rules around Roth IRAs have shifted. Contribution limits, catch-up thresholds, employer-plan RMD exemptions, and 529-to-Roth rollovers under SECURE 2.0 have all changed the math.

Whether you're contributing, converting, or inheriting, your tax bracket today versus your expected bracket later drives many of these decisions. Getting that analysis right before you move money is where planning matters.

We updated our guide with 2026 figures and current rules.

Updated for 2026: Roth IRAs have several benefits that make them very desirable. Here are factors to help you decide whether a Roth is right for you.

Helping your child buy a home sounds simple until you start working through the details. How much can you actually affor...
03/04/2026

Helping your child buy a home sounds simple until you start working through the details. How much can you actually afford to give? Should it be a gift or a loan? What does it do to your retirement projections?

There are more options than most people consider: direct gifts, intra-family loans, co-signing, buying the property yourself, or covering closing costs over time. Each one hits your finances differently.

The key is modeling the impact before you commit. A $50,000 gift isn't just $50,000. It's the growth that money would have generated over decades of your retirement. Before you make a commitment, it's worth understanding which approach fits your financial picture.

Thinking about helping your child buy a home? Learn what to know about gifting, lending, and co-signing and how each option can affect your retirement.

We make hundreds of financial decisions each year. Few are as impactful as how we contribute to our 401(k).Pre-tax contr...
02/17/2026

We make hundreds of financial decisions each year. Few are as impactful as how we contribute to our 401(k).

Pre-tax contributions lower our taxable income today. Roth contributions allow for tax-free withdrawals in retirement. The right choice depends on our current tax bracket, future income expectations, and long-term retirement goals.

The opportunity is powerful: By planning intentionally, we can build tax flexibility into our retirement years.

The challenge? We must understand employer matching rules, IRS contribution limits, new rules for high earners, and how other accounts like IRAs and HSAs fit into the picture.

When we get this right, we don’t just save for retirement; we build a tax-efficient income strategy for the future.

Updated for 2026: Learn how to decide between pre-tax and after-tax contributions to your 401(k), including strategies for maximizing your retirement savings.

The rules for inherited IRAs have changed, and with them, the risks of missteps.For many beneficiaries, the stretch IRA ...
02/02/2026

The rules for inherited IRAs have changed, and with them, the risks of missteps.

For many beneficiaries, the stretch IRA is no longer an option. Instead, the 10-year rule, annual RMD requirements, and nuanced IRS guidance now govern how and when funds must be distributed.

Understanding your specific obligations takes more than guesswork. It takes clarity around the IRS’s evolving rules and how they apply to your situation.

Here’s a straightforward look at what’s changed, who’s affected, and how thoughtful planning can help you stay aligned with the current rules.

Inherited IRA rules have changed in recent years. Learn the basics, including the 10-year rule, beneficiary types, and key tax considerations.

Many people don’t realize they’re missing out on one of the most powerful tax-saving tools available.Health savings acco...
01/23/2026

Many people don’t realize they’re missing out on one of the most powerful tax-saving tools available.

Health savings accounts (HSAs) have long offered triple tax benefits, but many eligible families are underusing them.

Now updated for 2026, the HSA contribution limits, HDHP requirements, and qualified expenses could make this account valuable for those navigating rising healthcare costs.

Yes, there are eligibility rules, and yes, they’re worth understanding. Because once you do? You unlock tax-deductible contributions, tax-free growth, and tax-free withdrawals on qualified medical expenses for yourself, your spouse, and your dependents.

Learn how to use an HSA as a powerful long-term planning tool, especially in a rising-cost environment.

If you have a high-deductible health plan, you can contribute to a health savings account. Read this article, updated for 2026, to understand how an HSA may help you.

Many people focus on how much to save for retirement, but they overlook the equally important question: How much will yo...
11/17/2025

Many people focus on how much to save for retirement, but they overlook the equally important question: How much will you spend?

Without a clear estimate of your future living expenses, it’s hard to answer core questions like:

- When can I retire?
- How long will my savings last?
- What lifestyle can I realistically afford?

The good news: With proactive planning and the right structure, this process can become manageable and even empowering.

From estimating baseline expenses to accounting for inflation, health care, and legacy goals, here’s how to approach your retirement spending plan with confidence:

Wondering how much you’ll need in retirement? Learn practical tips to estimate living expenses and plan for a financially confident future.

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300 Lafayette Street Ste 200
Houma, LA
70360

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Thursday 7:30am - 4:30pm
Friday 7:30am - 4:30pm

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+19858689881

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