March 2025 Best Ideas & Market Update
Dear Clients & Friends,
I hope all of you are well and look forward to seeing and speaking with you soon. As we near the end of the first quarter of 2025, it's important to remember that the markets will remain choppy. Stay focused on your goals and Ɵme frame. We'll be searching for opportuniƟes to add value, rebalance, and maintain your porƞolio. If you have any quesƟons at all, please don’t hesitate to reach out. As you know, we’re preƩy much here and available 24 hours a day. Below are a few ideas to think about as we move forward through 2025.
Stay the Course
Despite higher market volatility in the current macroeconomic climate, it’s important to remember that time in the market is more important than timing the market. Per SeekingAlpha, historical data shows that in nearly 70% of years, the equities appreciate in value, making consistent investment a better strategy than siƫng on the sidelines. Of course, that leaves 30% of the time where the market can be down, hence why it is so important to have a well-diversified portfolio set up for your risk, and stay the course. Reminder, it’s not just to your retirement, it’s through your retirement, and in many cases, into the next generation.
Tax Season & Contributions
Though tax season is coming to an end, we’d like to remind to make sure you have all of your documents in order for your CPA. Commonly forgotten and overlooked items include charitable donations, charitable trust donations, medical expenses, and student loan payments. As always, we advise you to consult with your CPA on these matters.
Tax season also represents a great time to double-check your contributions. Whether it be your 401(k), IRA, or even an HSA, we recommend confirming you contributed your desired amount to each or any of these accounts and have it properly reported when you file taxes.
Beneficiaries
We’d also like to remind you to check your beneficiary designations and let us know of any changes. It’s important to ensure that beneficiary arrangements are properly made to ensure your investments and insurance benefits are easily received by your loved ones. A little bit of due diligence on the front end here can go a long way in terms of saving time on the back end and preventing legal disputes, delays, and unintended recipients.
2025 Contribution Limits
For your review, we have attached a document outlining 2025 contribution limits. This document outlines all IRS-sanctioned limits for retirement accounts, IRAs, Roth IRAs, IRA catchups, HSAs, FSAs, and corporate retirement catch-up plans.
Current Market
The current market movements mark a great Ɵme to think about your risk tolerance; we can discuss any holdings or investments you have questions on. It also may make sense to revisit your budget, pay down debt, or track your investment savings; for the laƩer, we recommend discussing the idea of seƫng up an automated savings plan to continue buying assets in the markets.
As always, we’re here to help you and your family. We’ll be reaching out throughout the year with updates, reminders, and Ɵmes to meet.
Best Regards,
Todd Todd Scorzafava,
CFP®, AIF®
WealthScorz Financial Group LLC Partner,
Portfolio Manager Certified Financial Planner®
Accredited Investment Fiduciary®
P: 908.208.5378
F: 640.333.5886
E: tscorz@wealthscorz.com
391 Springfield Ave, STE 1E
Berkeley Heights, NJ, 07922
