Firm News & Events
With tax deadlines approaching, we want to make sure you’re not leaving opportunities on the table. Several tax-saving strategies must be implemented before filing — and in some cases before specific contribution deadlines — to be effective.
If we haven’t reviewed your situation recently, now is the time. A short strategy call can help determine whether adjustments such as retirement contributions, Roth conversions, or charitable planning make sense before everything is finalized.
Additionally, here are some firm updates and happenings right here at StewardRight:
- Schwab 1099 Composite Forms: Schwab has distributed all Form 1099 Composites. Forms are be available both online and were sent by mail. If you need assistance in finding your forms, please call the office.
- Prior-Year Contributions: You can still make IRA and Roth IRA contributions for 2025 up until the tax filing deadline of April 15th ($7,000 for individual
s under age 50, $8,000 for 50+). - Tax Strategy Session: If you haven’t met with us recently to discuss your financial goals and tax strategy for 2026, schedule a meeting so we can be sure we are stewarding your investments wisely.
Planning Perspective & Financial Deadlines
Taxes are Not Just a Cost — They are a Planning Variable
Every calendar year offers opportunities that disappear once December 31 passes:
- Using lower tax brackets before they’re gone
- Making IRA / Roth contributions before the filing deadline
- Strategic Roth conversions in lower-income years
- Qualified Charitable Distributions (70½+)
- Gifting appreciated securities instead of cash
- Managing capital gains intentionally
The goal isn’t tax avoidance — it’s tax efficiency. Wise planning reduces unnecessary outflow while honoring both legal obligation and long-term mission.
👉 Now is the time to schedule a tax-planning check-in.
Market Update
Defense & Discipline in a Rotating Market
While major indices appear steady — the S&P 500 up modestly year-to-date and the Dow slightly stronger — the market beneath the surface has been far more volatile. Gains have been difficult to sustain, and leadership has clearly shifted. Investors are rotating away from high-growth technology and into more defensive and resource-oriented sectors.
What’s Leading:
- Consumer Staples (Walmart, Costco, Kroger)
- Energy & Utilities, supported by structural power demand
- Select Industrial and Infrastructure themes
What’s Cooling:
- High-Valuation Technology and longer-duration Growth Stocks
Given the recent sharp reversals and geopolitical uncertainty, we are maintaining a meaningful allocation to cash and short-term Treasuries. This provides flexibility and helps buffer against continued volatility. Rising oil prices and firmer inflation data may delay Federal Reserve rate cuts, keeping policy tighter for longer than markets initially expected.
Our Approach — Prioritizing Protection over Projection:
- Avoiding emotional reactions to headline swings
- Waiting for stability before adding exposure
- Focusing on sectors showing durable strength
Rotations like this are normal and often healthy. Our focus remains steady — protecting capital, managing risk, and positioning thoughtfully for the next sustained opportunity.
– Michael Proctor, CFP®, RICP®, CVGA®p
Behavioral Insight of the Month
“We don’t mind provision — we just don’t like the invoice that comes with it.”
From a stewardship perspective, taxes can be reframed. While no one enjoys writing a check to the IRS, taxes are often evidence of income earned, gains realized, businesses grown, and blessings received.
Instead of asking, “How do I pay less?” —
Ask, “How do I steward what I’ve been given more wisely next year?”
That shift moves us from reaction to planning.