The Ferris Financial Group

01/09/2026

2026 Income Tax Brackets

01/21/2025

New 2025 Income Tax Brackets:

01/15/2025

🔑 Your Path to Homeownership Starts Here!

Buying your first home is a big step—but you don’t have to do it alone. Join us for a FREE First-Time Homebuyer Seminar to get the guidance you need.

📅 When: Thursday, January 16th
🕒 Time: 6:30 PM - 8:00 PM
📍 Where: The Bristol Bazaar, 67 Race Street, Bristol, CT

👥 Meet the Experts:
🏠 Steven Ramos – REALTOR®
💼 James Ferris – Wealth Manager
💰 Shaun Michael Slight – Senior Mortgage Loan Originator

💡 Learn how to budget, secure financing, and find the perfect home for you.

📲 Seats are limited—RSVP at https://sites.totalexpert.net/.../january-16-homebuying...

10/01/2024

Open enrollment is right around the corner. Does your company offer a High Deductible Health Plan with a Health Savings Account?

It may be worth checking out how this type of account can compliment your overall investment strategy.

Find out the max you can contribute to your health savings account (HSA) this year and other important HSA account rules.

07/01/2024

Limits you need to know about this year:

IRA's=$7,000/ yr
401(k)=$23,000 employee side
Max 401(k) with employer/after tax= $69,000
HSA= $8,300 family total
SEP IRA= $69,000/yr
Gift Tax Limit Before you need to report= $18,000 per person

06/11/2024

Always make sure your account beneficiary designations are up to date!

This applies to “qualified” retirement accounts such as IRAs, Roth IRAs, 401ks, 403bs, 457s and the federal employee Thrift Savings Plan.

It also applies to life insurance policies and some forms of annuities.

If you have Payable on Death (“POD”) or Transfer on Death (“TOD”) beneficiary designations on your bank accounts and brokerage accounts, make sure they’re up to date as well.

As millions of Americans build up sizable workplace retirement assets, disputes over who gets the money are on the rise.

05/14/2024

Health Savings Accounts (HSA) are one of the most overlooked employee benefits.

Usually viewed as an expense account when they could be viewed as an investment account.

If your employer offers a HSA you should seriously consider it for the triple tax benefit. (pre-tax contributions ➡️ tax free growth ➡️ tax free withdrawals for qualified expenses.)

With growing investment options and tax advantages, HSAs are gaining popularity as a versatile financial instrument for health care and retirement planning.

04/09/2024

Great chart showing the growth of $100 by asset class.

This shows the power of investing and having a long term mindset. It also shows the risk of holding on to too much cash.

Have a plan and invest for the long term.

03/18/2024

March Madness is here! 🏀🏀🏀

And Connecticut is the college basketball capital of the world!

Check out the average 4-year cost of every college in the NCAA tournament.

College won’t pay for itself. How will you pay for it? 📚✎

02/06/2024

Small Business Owners- you must set up or make your SEP-IRA contributions by each year's federal income tax due date of April 15th of the year following your contribution year. The same is true for traditional and ROTH IRA's.

For the 2023 contribution year, the deadline is April 15, 2024.

SEP IRAs are made for small businesses and the self-employed. It's important to pay attention to SEP IRA contribution limits. Here are the limits for 2023 and 2024.

01/10/2024

Switching jobs? Don't know what to do with your old 401k? We can evaluate your 401(k) options to determine what is best for your long-term goals.

01/02/2024

Have you made a financial resolution? Here are 10 great ideas.

Give us a call to see if we can help.

Here are 10 ideas for 2024 financial resolutions.