By Jared Johnson, CFP®
Shareholder, Wealth Manager

Starting in 2026, high-income earners face a significant shift in how catch-up contributions to retirement plans must be structured. Under final regulations issued by the IRS in response to the SECURE 2.0 Act, individuals age 50 and older earning more than $145,000 in prior-year wages will be required to make all catch-up contributions on a Roth basis—post-tax dollars only.

This is more than a procedural change. For affluent individuals

High earners in Minnesota have a unique opportunity to benefit from the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025. With several federal changes taking effect for tax year 2025—and some set to diminish the following year—Echo Wealth Management encourages clients to take timely, strategic action.

Relief Through SALT Deduction Expansion

Beginning in 2025, the state and local tax (SALT) deduction limit will temporarily increase from $10,000 to $40,000. “It’s wonderful news

The One Big Beautiful Bill (OBBBA), signed into law on July 4, 2025, introduced sweeping federal tax changes that impact estate and gift planning. While many of these updates appear favorable at first glance, Minnesota residents face unique state-level challenges that require thoughtful coordination.

“On the surface, these changes look like good news,” says Echo Huang, CFA, CFP®, CPA, founder and president of Echo Wealth Management. “But Minnesota’s estate tax rules remain restrictive, and

Are You Properly Insured? A Year-End Checklist for Your Life Stage

The end of the year is the perfect time to review your finances—especially your insurance coverage. If changes have happened during the year, like marriage, a new job, or buying a house, the types and amounts of insurance you carry should be reviewed and potentially updated. “Insurance needs shift as life changes,” says Justin Edwards, Associate Wealth Manager at Echo Wealth Management. Justin earned additional certifications

By Jared Johnson, Shareholder & Wealth Manager

At Echo Wealth Management, your security is our priority. As cybersecurity threats evolve in sophistication and reach, we want to ensure our clients are not only aware of potential risks but also equipped with trusted resources and clear steps for protection. In collaboration with Schwab, we offer this guide to help you stay informed, vigilant, and prepared.

At Echo Wealth Management (EWM), Jared Johnson isn’t just crunching numbers—he’s creating strategies that turn financial goals into reality. As a Shareholder and Wealth Manager, Jared plays a key role in portfolio management, trading, and financial planning, ensuring every client has a clear, customized path to success.