As the holidays approach and 2024 draws to a close, it’s easy to let financial planning fall off the “to do” list amidst the festivities. But taking strategic steps now can set a solid foundation for a successful 2025.
Financial Advisor Michael Nemes joined WGVU-FM to talk about best practices for year-end financial planning, charitable giving, taxes and more.
Join us in celebrating Partner Chris Nemes, as he has been named one of InvestmentNews’ prestigious Rising Stars of 2024, an honor awarded by an independent panel of industry leaders to exceptional wealth managers and advisors under the age of 40 in the United States.
For tax year 2025, the top tax rate remains 37% for individual single taxpayers with incomes greater than $626,350 ($751,600 for married couples filing jointly). The other rates are:
The automaker recently announced plans to lay off 2,500 employees. Michael Nemes joined CBS Detroit to discuss essential financial best practices for these employees and families.
An estimated $90 trillion of accumulated wealth is expected to be inherited over the course of the next two decades. For families and their financial advisors, this presents both an opportunity and a responsibility.
As wedding season picks up momentum this summer and fall, Charles Nemes, CEO, and Chris Nemes, Partner, recently joined CBS Detroit and FOX 2 News to talk about financial preparations for the big day.
No matter who wins the next election, we anticipate significant changes to our tax system. Both leading presidential candidates have expressed strong opinions regarding the U.S. tax code. In this article, we’ll take a closer look at the current administration’s policy proposals.
Michael Nemes, partner at Nemes Rush Family Wealth Management, discusses taking advantage of your tax bracket with a Roth IRA
Crain’s Detroit Business Reporter Anna Fifelski recently sat down with Nemes Rush co-founder and CEO Charlie Nemes to discuss the firm’s journey from inception to becoming a registered investment advisor, and its recent success and expansion in assets under management and team members.
Tax refunds are a welcome sight; after all, most people feel better receiving money from the government rather than writing a check at the end of the year.
Unfortunately, a refund isn’t necessarily cause for celebration and, if you spend that money, you may only compound the problem.
Michael Nemes, financial advisor at Nemes Rush Family Wealth Management, shares retirement tips with CNN reporter Kate Stalter for those initiating retirement savings later in life.
