Elhoff Wealth Strategies Inc

02/13/2026

Making the most of surprises is a great reason to work with us.

02/06/2026

Retirement Traps to Avoid

Beware of these traps that could upend your retirement.

01/28/2026

Preparing for the Expected

As Teddy Roosevelt once observed, "Old age is like everything else. To make a success of it, you've got to start young."

The challenges seniors have met throughout their lives have made them wiser and stronger, preparing them for the unique challenges that come with aging.

As we age, the potential for cognitive decline increases, ranging from simple forgetfulness to dementia. Long-term illness can sap time and energy from tending to your financial affairs in retirement. Even a decline in vision may make it harder to manage your financial affairs.

Fortunately, you can look ahead to help protect yourself and your family against the financial consequences of deteriorating health, and in many cases, insurance may play an important role.

Let's examine some of the ways you can employ insurance to help protect your financial health.

01/26/2026

Roth IRA for Kids

Small business owners may find it challenging to find ways to provide additional benefits to their children who work for the company. One often overlooked choice is including a Roth individual retirement account (IRA) as part of their compensation, a strategy that offers the potential to benefit both the children and the business.

Small businesses play a significant role in labor markets. They employ 61.7 million Americans, 46.4 percent of all private-sector employees. Over the period from 1995 to the present, small businesses have been responsible for generating 17.3 million net new jobs, which accounts for an impressive 62.7 percent of all jobs created since 1995.

01/22/2026

Medicare At 65+

When you turn 65, you become eligible for Medicare if you:

Either receive or qualify for Social Security retirement cash benefits
Or, currently reside in the United States and are either:

a. A U.S. citizen

b. Or, a permanent U.S. resident who has lived in the U.S. continuously for five years prior to applying
How you enroll at age 65 depends on whether or not you are already receiving Social Security retirement benefits or Railroad Retirement benefits. Also, there are circumstances in which someone may become Medicare-eligible at age 65 but defers Medicare enrollment without future penalties—for instance, if an individual has qualifying insurance from an employer.

How much you have to pay for your Medicare coverage depends on your work history (i.e. if and how long you have paid Medicare taxes). Everyone owes a monthly premium for their medical insurance (Part 😎. Most people with Medicare get their hospital insurance (Part A) premium-free.

For questions regarding Medicare eligibility, call the Medicare Rights Center’s free national helpline at 800-333-4114.

01/21/2026

Estimate Your RMD
Help determine the required minimum distribution from an IRA or other qualified retirement plan.

Help determine the required minimum distribution from an IRA or other qualified retirement plan.

01/19/2026

TIPS for Inflation

In February 2018, Jerome Powell was appointed as Chair of the Board of Governors of the Federal Reserve System. He became the 16th chair to take over the helm of the world’s most influential central bank. Among other duties, he and the Fed governors are tasked with adjusting short-term interest rates to help control inflation in an effort to promote overall economic growth.

Until 2021, inflation had remained relatively low, which had allowed the Fed to maintain an accommodative monetary policy. After the COVID-19 pandemic, the Fed increased short-term interest rates to combat high levels of inflation. More recently, the Fed has indicated that it will be keeping its eye on inflation to inform its monetary policy.

01/14/2026

Your Emergency Fund: How Much Is Enough?

Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then, as you’re driving to work, you see smoke coming from under your hood.

Bad things happen to the best of us, and sometimes it seems like they come in waves. That’s when an emergency cash fund can come in handy.

One survey found that over two in three Americans are not confident that they have enough emergency savings to cover a month's worth of expenses. Another survey found that 43% of Americans said they wouldn’t be able to cover an unexpected $1,000 expense with money from their savings account.

Want to learn more? Click below

https://www.financialthoughtdoctor.com/resource-center/money/your-emergency-fund-how-much-is-enough

01/14/2026

Jane Bond: Infiltrating the Market

Agent Jane Bond is on the case, cracking the code on bonds.

Agent Jane Bond is on the case, cracking the code on bonds.

01/09/2026

Is a Variable Annuity Right for Me?

Pundits go on and on about how “terrible” or “wonderful” annuities are, but they never talk about if annuities are right.