If you ask most people why they haven't updated their estate plan—or why they don't have one at all—the answer is often: “I’m not rich enough to worry about that yet.”

There is a common misconception that estate planning is exclusively for the ultra-wealthy, a strategy reserved for people trying to hide millions from the government. But at Propel, we view it differently. We know that estate planning isn’t just about tax avoidance; it is about love. It is about making sure that in your family’s hardest moments, they aren’t fighting with a bank, a court system, or each other.

We know this because we have lived it.

The new priorities of the federal administration have long-reaching ramifications for taxpayers and federal aid recipients. The new One Big Beautiful Act (OBBBA) that was signed into law on July 4, 2025, includes significant changes for most Americans. In this blog post, I’m going to cover some of the basic tax cuts of the OBBBA, the QCD tax benefit available to retirees, and how these tax cuts and others will give private citizens more control over their community support dollars. Keep in mind that these tax rules apply to federal tax only. You should always consult your tax preparer to determine the impact, if any, on your state taxes.

Artificial intelligence (AI) has become a buzzword in today's tech-driven world. From tech giants like Microsoft and Amazon to emerging leaders like NVIDIA and Meta, AI is shaping industries and revolutionizing the way we live and work. In this blog post, we'll explore what AI is, its historical development, and the current market trends driving its growth. We'll also examine the emotional and financial responses to these trends and provide practical advice on how to navigate this rapidly evolving landscape.

The Standard and Poor’s 500 Index is known as the S&P 500. It consists of the largest 500 companies in the United States. Within the Index those companies are market-weighted, meaning the size of the company determines the size of its position in that index. They do not each represent an equal 1/500th piece of the pie.

We've had countless conversations with clients this year about the importance of getting their cash off the sidelines. Yes, money markets and high-yield savings accounts are paying great rates compared to just a year ago. This is great news for your short-term cash needs. But what about for longer-term cash?

The purpose of this blogpost is to educate new investors and to remind seasoned investors about what they really own in their investment portfolios: equities.

Traditional retirement accounts like employer-sponsored 401(k)s are a large part of retirement savings, but there are benefits to using multiple account types. Contributing to accounts outside of your employer’s 401(k) not only gives you greater investment choice, but can free you from: age restrictions on withdrawals, administrative burdens of RMDs, and valuable tax flexibility.

Have you ever walked into a store looking for a specific product and find a few different options? You may opt for the cheapest option because it will probably work just as well as the more expensive one. When our CPA Emily Agosto worked at a hardware store as a teenager, she saw many customers face this choice. Her store offered two hammers for sale: a cheap store brand and a superior, albeit more expensive, brand. Which one did customers typically buy? If you guessed the cheap one, you’re right. They figured the cheap hammer would get the job done for what they needed to do. After all, how much difference could there be between hammers?