JP Wealth Advisors

09/01/2026

"You’ll pay less tax in retirement” isn’t always true. Combining Social Security with required minimum distributions can trigger the “tax torpedo,” potentially raising the effective tax rate on additional withdrawals. See how careful planning may help:

Your Social Security income and RMDs will most likely combine to deliver a tax torpedo, but there are ways to reduce your income in retirement to pay less tax.

08/25/2026

Skipping a bank account beneficiary could leave your money tied up in probate when loved ones need it most. Naming one can help funds pass directly to them and typically takes precedence over what your will says. See how to choose the right beneficiary:

What happens to the money in your bank accounts when you die? Hopefully, it goes to a loved one who needs it. Naming a bank account beneficiary ensures that happens. Here's what to know about bank account beneficiary rules.

08/18/2026

Turning 26 soon? Here's what you need to know before losing your parents' health insurance. Depending on your state, you might be able to extend your coverage—or need to explore new options. Get the details and make sure you're prepared:

And how to get your own health insurance.

08/11/2026

Talking about death is tough, but knowing what happens to a mortgage can protect your loved ones.

Mortgages don’t disappear when someone dies; payments must continue. Family can assume payments thanks to federal protections. A clear estate plan avoids delays and disputes.

Learn what steps to take now:

There are multiple possible outcomes when someone with a mortgage dies. Learn what to take care of before passing, and the steps if your loved one has already died.

08/04/2026

Scammers can now use AI to imitate a loved one’s voice, adding a convincing twist to familiar fraud schemes. Knowing these tactics can help older adults and families pause before responding.

📞 Watch for emotional pressure: Grandparent and romance scams use fear, trust, or urgency to push victims into sending money quickly.
🏦 Question unexpected claims: Fake bank representatives, government officials, and tech-support workers may say your accounts or benefits are at risk.
🛡️ Stop and verify: Contact the person or organization through a phone number you know is legitimate before sharing information or making a payment.

Learn more common warning signs and what to do if you or a loved one may have been targeted:

Financial targeting seniors often go unreported or can be difficult to prosecute. Find out how you can stop scams targeting .

07/28/2026

The World Cup may be over, but this season was a reminder that great teams are built with intention. The same is true of your financial plan! Emergency savings, insurance, debt strategy, investing, taxes, and long-term goals each play a role. Do you have every position covered?

07/21/2026

Back-to-school season is a natural time to reset routines. As you update school schedules and family budgets, consider checking whether your current education savings still fits your goals. Even a small monthly adjustment may make a difference over time.

07/15/2026

We'd like to thank JP Wealth Advisors (https://www.jpwealthadvisors.com/) for being one of our sponsors for the NIACC athletics golf outing on Friday at Highland Park Golf Course in Mason City.

07/14/2026

Storing cash in Venmo, PayPal, or Cash App? This convenient habit puts your money at risk. Find out why, and discover safer alternatives that protect your cash and earn interest:

Keeping money in PayPal, Cash App, Venmo, or another P2P payment app puts your money at risk. Here’s why, and what to do instead.

07/07/2026

Have you heard the term “gray divorce?” It refers to the increasing rate of divorce after age 50. Find out why the financial risk is higher for women under these circumstances, and how you can protect yourself:

Americans age 50 and older are divorcing at much higher rates, and women are financially vulnerable.