Lincolnshire, Illinois – June 28, 2024– Mowery & Schoenfeld Wealth was named the winner of a Gold Stevie® Award in the Wealth Management New Financial Services of the Year category in The 22nd Annual American Business Awards®. The American...
In an era marked by a growing desire for positive societal impact, philanthropy has emerged as a vital vehicle for change. Donor advised funds (DAFs) have gained prominence as a flexible and efficient tool for individuals and families to...
Mowery & Schoenfeld Wealth is proud to announce it now ranks as one of the 2023 Top Firms by Assets Under Management from Accounting Today. “We are thrilled and honored to be recognized as a top firm by Accounting...
One of the biggest goals of most parents is that their children become financially secure adults. To pave the way, it’s important to show young people the value of saving and provide them with the best education possible. By...
Mowery & Schoenfeld, LLC is proud to announce Michael Deering, Tax Partner and Director of Tax, was named one of the Crain’s 2022 Notable Gen X Leaders in Accounting, Consulting and Law. This award recognizes the top Chicago area...
On Friday, October 7, 2022, the IRS issued Notice 2022-53 to reaffirm guidance for defined contribution (DC) plans on required minimum distributions (RMDs). In response to complaints and questions from beneficiaries subject to the 10-year rule plus the annual...
A Health Savings Account (HSA) can be a powerful tool for financing health care expenses while supplementing your other retirement savings vehicles—and it offers estate planning benefits to boot. HSA Basics Similar to a traditional IRA or 401(k) plan,...
Families that have children who are adopted, or stepchildren who haven’t been legally adopted, may face unique estate planning challenges. Additional consideration must be taken when a family includes an unmarried couple in a long-term relationship and one person...
Today’s brew of geopolitical threats, inflation trends, rising interest rates, recessionary fears, and lingering COVID concerns have created an extra level of uncertainty. The market’s volatile reactions to it all may have left you wondering whether, this time, seemingly...
While there’s a wide range of numbers by which to measure inflation—such as the cost of energy, food, housing, and healthcare—they all share one point in common: by nearly any measure, it’s higher than it’s been in quite a...
McCullough joins Mowery & Schoenfeld with experience, expertise, and unfailing client dedication. For the past 15 years, McCullough has served in leadership roles, most recently Senior Vice President Wealth Advisor and head of the Lake Forest office of a...
If you are active in charitable giving, you may want to consider a donor-advised fund (DAF) to support the organizations you are passionate about. A DAF—typically sponsored and managed by a community foundation or commercial investment company—offers many of...
