This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.
Ever wondered what capital gains are and how they affect your investments? In this quick 3-minute video, I break down capital gains in a simple and easy-to-understand way. Learn the difference between short-term and long-term gains, and how they impact your taxes. Learn a strategy that you could potentially use to pay 0% in capital gains on your investments.
As we step into 2025, many of us are setting ambitious goals for the year ahead. Whether it's saving more, planning for retirement, or simply improving our overall quality of life, these goals reflect our desire for growth and stability. However, there’s an important distinction to be made between setting goals and creating lasting habits.
🚨 2025 IRS Contribution Limits Are Here! 🚨 The IRS has announced new contribution limits for 2025, offering more opportunities to save in tax-advantaged accounts. Highlights include increased limits for 401(k)s, IRAs, Roth IRAs, and HSAs. For example, 401(k) limits are now $23,500 with an additional $7,500 catch-up for those 50 and older. Learn how these updates can boost your financial strategy, reduce taxable income, and help you stay on track for your goals. Watch our video featuring Leah and Dan from Dorval & Chorne for tips and insights!
As we welcome New Year's 2025, it's the perfect time to reflect on your financial wellness and improve your quality of life! In this episode, Dan and Leah explore their unique perspectives on starting the New Year right.
Your Social Security statement holds valuable information about your financial future, yet many people overlook its importance. In this video, we’ll guide you through the key sections of your statement, helping you understand how it impacts your retirement planning.
In today’s Quality of Life Conversation, Dan and Leah tackle a surprising topic: when an attorney suggests divorce to protect assets. How does this impact financial planning and quality of life?