A new provision in President Trump's tax bill is getting a lot of attention: a government-funded $1,000 savings account for children, now known as "Trump Accounts."

But as with most things in tax policy, the details matter. In this interview, Peter with Richonplanning and Erin Kennedy break down:

Who's eligible — and how families actually receive the money

Who can contribute and how much

How these accounts are invested

How tax-deferred growth and capital-gains treatment compare to other options

When it makes sense to fund a Trump Account vs. a 529 plan or custodial account

If you're a parent, grandparent, or loved one who wants to learn more about setting your child up for success, please call Peter at (919) 300-5886 or visit www.RichonPlanning.com

How old is too old to buy an annuity? It typically doesn't make sense to buy one if you're under 50, and most insurance companies stop selling them once you hit 90. But as Americans live longer, our fear of outliving our savings has pushed sales of annuities to record highs. In fact, annuity sales topped $432 billion in 2024, but as Peter with Richon Planning and Erin Kennedy discuss, that doesn't mean they're right for everyone. In this interview, we break down: 🔹 When an annuity actually makes sense — and why timing is everything 🔹 The core problem annuities solve 🔹 How much liquidity you should keep before locking money up 🔹 The tax implications for you and your heirs 🔹 And what to consider if you're too young or too old for an annuity If you've ever wondered whether an annuity fits into your retirement income plan, please give Peter a call at (919) 300-5886 or visit www.RichonPlanning.com to learn more.

Risk isn't just a number on a chart... it's how you feel when markets move. If you've ever wondered whether your portfolio matches your true risk tolerance, Peter with Richon Planning and Erin Kennedy lay out four red flags to pay attention to:

🔹 You check your accounts constantly. How often is too often? If market swings dictate your mood, it may be time to reassess.

🔹 Market drops keep you up at night. The headlines are loud, and it's hard to tune out the noise.

🔹 You've made panic-driven decisions before. Emotional investing is one of the biggest threats to long-term returns.

🔹 You feel pressure to "chase" returns.

FOMO can push you into taking risks you're not comfortable with.

The good news? Peter can help align your investments with your true risk tolerance, keeping you disciplined, diversified, and focused on the long-term plan (not the daily swings). If you'd like to find a plan that's in line with your goals and your tolerance, please call (919) 300-5886 or visit www.RichonPlanning.com