Mosaic Financial Group

08/28/2026

Thinking about using your home equity to help pay for your child’s college tuition? It may seem like a straightforward way to cover the cost, but there are important financial trade-offs to consider.

A home equity loan (often referred to as a second mortgage) is a loan for a fixed amount of money that must be repaid over a fixed term. Generally, a home equity loan:advances the full amount you borrow at the beginning of the loan's term, carries a fixed rate of interest, requires equal monthly pay...

08/26/2026

If you use your vehicle for business, the IRS has made a rare mid-year adjustment to the standard mileage rate. That change could affect how you track and deduct business-related driving expenses.

The IRS has announced increased standard mileage rates for the second half of 2026.

08/24/2026

The Roth 5-Year Rule can be confusing, but understanding how it works is an important part of making the most of your Roth IRA. From contributions to withdrawals, a little knowledge can help you avoid surprises and make informed decisions.

The 5-year rule that applies to Roth IRAs and Roth 401(k)s can sometimes be a source of confusion.

08/20/2026

Teachers and coaches are getting a little extra recognition this tax season. A new tax break could put more money back in the pockets of educators who spend their own money supporting students and athletes.

Read the article to learn who qualifies and what the new deduction could mean for the educators in your life.

A new tax deduction recognizes more of the real-world costs of supporting students both inside and outside the classroom.

08/19/2026

Back-to-school season is officially here! ✏️📚

The Mosaic team has 8 kids heading back to school this year — from 1st grade all the way to 9th grade! That’s 1 first grader, 1 fourth grader, 1 fifth grader, 1 sixth grader, 1 eighth grader, and three 9th graders!

We’re wishing all of our Mosaic kids — and all the students, teachers, and families heading back — a fantastic first day and a wonderful school year ahead!

Here’s to new adventures, new friends, lots of learning, and a whole lot of growth! 🎒

Here's our Client Relations Team Lead, Candice Brown's son, Rolly, heading out for his freshman year!

08/13/2026

Tariffs continue to shape global trade—and the ripple effects can reach businesses, consumers, and the broader economy. This article provides an overview of recent developments and what they may mean going forward.

This alert explains newly implemented and upcoming tariffs and their potential economic impact.

08/11/2026

The U.S. Department of Education has temporarily increased the interest rate discount for federal student loan borrowers enrolled in auto pay from 0.25% to 1% as of July 1, 2026. The enhanced discount will remain available through June 30, 2028, and applies to borrowers already enrolled in auto pay as well as borrowers who sign up for auto pay by September 30, 2026.

A new 1% interest rate reduction on federal student loans is now available to borrowers enrolled in auto pay.

08/10/2026

While 530A accounts may help lower- and middle-income families give children a financial head start and help wealthier families receive an additional tax boost, they may not be superior to 529 plans, custodial accounts, or Roth IRAs. Parents should compare the pros and cons of all options before making decisions.

Trump Accounts launched on July 4. Here's what you need to know.

08/07/2026

What does high U.S. debt mean for the average American? As debt rises, a larger share of the federal budget goes toward interest payments, crowding out spending on priorities like infrastructure, defense, and social programs. Excessive debt can also dampen wage growth and job creation while contributing to higher interest rates, making mortgages, loans, and credit card debt more expensive. Learn more in this article.

A wide range of domestic institutions and foreign countries hold America's approximately $39 trillion debt.

08/06/2026

Social Security and Medicare are cornerstones of retirement, but both programs face long-term funding challenges. Despite the challenges, it's important to keep in mind that neither of these programs is in danger of collapsing completely. What changes may be needed to keep them on solid footing, and what could those reforms mean for future retirees? Learn more in this article.

Social Security and Medicare benefits may be reduced unless Congress acts soon.