BCS Wealth Management

Our annual Easter Egg Toss did not disappoint — turns out, nothing brings a team together quite like a raw egg and questionable catching skills. 🥚🤣

Happy Easter from BCSWM! We wish you a weekend filled with peace and joy. 🐣

Our office is closed today in honor of Good Friday. We hope you and your family have a blessed Easter!💚

Happy Birthday to our cookie obsessed Lauren! We hope today is full of all your favorite sweet treats! 🍪

🎳 Bowling for a Cause! We had an amazing time supporting Brother's Keeper at their bowling fundraiser! It was all strikes, smiles, and service—so grateful to be part of a community coming together for such a meaningful mission. 💙 Check out the highlights from an unforgettable day!

With taxes at the top of most people’s minds… Have you ever wondered how long you should keep your tax records? According to the IRS, here are the guidelines: 3️⃣ Basic tax records: Keep for 3 years after filing 4️⃣ Employment tax records: At least 4 years 6️⃣ Unreported income documents: 6 years if over 25% of gross income 7️⃣ Loss from securities: 7 years ♾️ Some records (like property-related documents): Keep until you dispose of the asset Before discarding any records, check if other entities (like insurance companies or creditors) require them for longer periods. Remember, the IRS is providing this information as a general guideline. Consult with your tax, legal, or financial professional before changing any of your record-keeping routines. #TaxTips #FinancialOrganization #RecordKeeping

🌟 10 Ideas about Investing in Turbulent Markets 🌟 The market can be intimidating, but a little knowledge and perspective go a long way! In our latest podcast episode, we share 10 key ideas to help you navigate today’s market with confidence. Here’s a sneak peek: 1️⃣ Volatility is Normal – Market corrections happen, but recoveries are quick. 2️⃣ Diversification Works – Bonds are back to balancing portfolios in 2025. 3️⃣ Policy Uncertainty? Don’t Panic – Markets adapt regardless of political changes. 4️⃣ Inflation: Manageable – Know the difference between headline and core inflation. 5️⃣ Economic Growth is Strong – Consumer spending keeps the economy moving forward. 6️⃣ Cash Isn’t Safe – Staying invested beats losing purchasing power in cash. 7️⃣ Don’t Worry About the Deficit – High deficits don’t always mean poor market performance. 8️⃣ Leadership Rotates – Stay broadly invested across sectors. 9️⃣ Market Timing Doesn’t Work – Missing the best days can hurt long-term returns. 🔟 Perspective is Key – Focus on your goals and stay disciplined. 🎧 Tune in for more insights to keep your investments on track! 🔗 Listen Now! https://lnkd.in/eDG-5Q3h

College acceptances are rolling in! 🎓 But what’s the true cost of higher education? It goes far beyond tuition. Many families don’t realize that room and board, travel, books, and ad hoc expenses (think ride-shares and late-night food delivery) can add $10- $20k! Here are some things we suggest our clients look out for: 👇 📌 Financial Aid Isn’t Always Clear – Award letters vary, making comparisons tricky. Knowing how to analyze and appeal aid can make a big difference. 📌 Not All Loans Are Equal – Federal loans can have lower rates (6.53% for undergrads in 2024-25). Parent PLUS Loans come with 9.08% interest and are the parent's responsibility. Understanding the options is key. 📌 529 Plans Require Smart Withdrawals – Timing matters. Missteps can lead to unexpected taxes and penalties. A 529 plan is a tax-advantaged college savings plan. Before choosing a plan, it's important to consider not only the state tax treatment but also any associated fees and expenses. Availability of a state tax deduction will depend on your state of residence, as state tax laws and treatment may vary from federal tax laws. If you make nonqualified distributions, earnings will be subject to income tax and a 10% federal penalty tax. 📌 College Rankings Aren’t Everything – Prestige fades, but career success can ultimately depend more on a student’s major, experience, network and skill set than the name on the diploma. If you’d like to review your college saving strategy, feel free to message us. 🎓 📊 #CollegePrep #FinancialStrategy #EducationFunding

🌪️ Volatility can play rough with your emotions. The temptation to jump ship during a downturn is strong, but even Wall Street professionals struggle to time the market. Markets can maintain a steady trajectory for a period of time, but more often than not, it’s like a dance: two steps forward, one step back, or one step forward and two back. When things are bumpy, resist the temptation to react emotionally and remember that turbulence is part of the ride. Learn more about market fluctuations in our free eBook, "Don’t Panic." Download your copy here: https://lnkd.in/edynVfNw

📊 "Time in the market is your greatest ally." In this short clip, Nick shares timely insights on why staying invested—especially during periods of market volatility—can be one of the most powerful strategies for long-term success. 📺 Watch the full video here: https://lnkd.in/eypMQxq3 #MarketInsights #LongTermInvesting #WealthBuilding #InvestmentStrategy #FinancialPlanning