Montoya Wealth Management

01/05/2026

From all of us at Montoya Wealth, Happy New Year!

09/23/2025

Can an HSA be used to pay for Medicare premiums?

Yes, but only for specific parts of Medicare.

HSAs can be used to pay for Part B, Part D, and Medicare Advantage premiums.

HSAs can not be used for Medigap premiums.

h/t Michael Reynolds

02/18/2025

📈 The Taxable Brokerage Account: An Underrated but Powerful Investing Tool 📈

When it comes to investing, we often hear about 401(k)s and IRAs, but what about taxable brokerage accounts? 🤔

Here's why they deserve more attention:

🧵👇
🌟 Flexibility

No Contribution Limits: Unlike retirement accounts, you can invest as much as you want. 💰

Withdraw Anytime: Need access to your funds? No penalties for early withdrawals. 🏦

💼 Tax Benefits

Qualified Dividends: Often taxed at a lower rate than ordinary income. 📉

Capital Gains: Long-term capital gains can be taxed at favorable rates, especially if you hold investments for over a year. 📊

🛠️ Investment Choices

Wide Range of Options: Stocks, bonds, mutual funds, ETFs – the choice is yours! 🧰

No Restrictions: Invest in what aligns with your strategy and goals. 🌐

🔄 Strategic Uses

Tax-Loss Harvesting: Offset gains with losses to reduce your tax bill. 💡

Diversification: Complement your retirement accounts and broaden your investment portfolio. 🌍

🔑 Key Takeaway

While retirement accounts are essential, don't overlook the power and flexibility of a taxable brokerage account.

h/t Michael Reynolds at https://www.facebook.com/profile.php?id=100057362241822

Fiduciary Financial Planning & ESG Investing

08/19/2024

A Donor Advised Fund (DAF) is a great way to "de-couple" the timing of the giving from its tax deduction.

You can pull the tax lever in high-earning years and then decide later how to give.

And the money inside the DAF can be invested for long-term growth!

08/05/2024

Working with a financial advisor is not always about fancy spreadsheets.

It's often more valuable to have someone looking out for your blind spots.

06/19/2024

Financial planning doesn't mean sacrificing your current happiness for a better future.

It means organizing your financial life so that you can secure your future AND have a better life right now.

It doesn't have to be one or the other!

06/17/2024

Scams are so expensive and easy to fall for that perhaps the best way to avoid them is to not interact with the scammer at all.

This article outlined techniques to implement including how to change settings in a loved one's phone so that they are not targeted by scams.

Phone scams are still hugely popular — and they depend entirely on people curious enough to answer.

05/23/2024

With this year's Reader's Choice nomination, we decided to have a little fun with our advertising campaign and also make a difference for some of the animals in our community. Vote for us at this link or donate to one of three charities in the ad who will receive matching funds! montoyawealth.com/vote

05/22/2024

When was the last time you reviewed the beneficiaries on your retirement/investment accounts?

Do you have both primary AND contingent beneficiaries defined?

Do they align with your current wishes?

05/13/2024

As part of estate planning, be sure to configure your legacy contact setting on your online profiles, such as Apple, Google, Facebook, etc.

This lets you define who can control your digital properties after you pass.

04/29/2024

People often ask what the value of financial planning is.

Sometimes it’s quantifiable. Sometimes it's not.

04/22/2024

We can look at the stock market and see that average returns are over 8%, depending on the time period you look at. So why do so many folks end up with subpar returns on their own investments?

It comes down to Behavior.