Fall is Around the Corner: A Few Financial Items to Keep in Mind
As summer winds down and we head into the final few months of the year, now can be a good time to make sure a few financial items haven’t fallen off your radar.
A quick fall check-in:
- Retirement contributions: Are you on pace to contribute what you intended to your 401(k), IRA or other retirement accounts this year?
- Required Minimum Distributions: If you’re subject to an RMD, fall is a good time to confirm that your required distributions are accounted for before the year-end deadline.
- Tax planning: There is still time to review capital gains and losses, possible tax loss harvesting opportunities, charitable giving, Roth conversion opportunities and other strategies with your financial and tax professionals.
- Open enrollment: Fall often means benefit elections. It’s a good opportunity to revisit your health coverage, HSA contributions, life insurance and other workplace benefits.
A little planning now can help avoid the year-end rush and gives you time to make adjustments while there are still several months left in 2026.
Micron Announces a New Benefit for CNY Families:
Micron recently announced a $250 million commitment to Trump Accounts, the new tax-advantaged investment accounts established for children. The initiative is expected to support up to one million children across the country.
Of particular interest locally, Micron plans to make a one-time $250 seed contribution for eligible children with Trump Accounts who live in communities where Micron operates, including: Onondaga, Madison, Oneida, Oswego, Cayuga, Cortland, Jefferson and Lewis counties in New York. Micron is also introducing an employee benefit that will match contributions to Trump Accounts by up to $1,000 per child under age 18.
Trump Accounts are designed to give children an early start on long-term investing, with assets invested in eligible low-cost U.S. index funds.
While the accounts are still new, Micron’s announcement is a noteworthy example of how employers and corporations may begin participating alongside families. For Central New York families, this is certainly a development worth watching as additional details about eligibility and Micron’s local contribution program become available.
Read the Full Press Release Here
Source: Micron Technology, “Micron Announces $250 Million Investment in Trump Accounts Reaching 1 Million Children, Families and the Future Workforce,” June 30, 2026.
This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding any funds or stocks in particular, nor should it be construed as a recommendation to purchase or sell a security. Security and advisory services offered through Pinnacle Investments, LLC member FINRA/SIPC. We do not provide tax advice and recommend you seek the advice of a qualified tax professional.
Questions about any of the topics discussed in this newsletter?
Whether you’d like to review your financial plan, discuss opportunities for your children or grandchildren, or simply have a financial question, we’re always happy to help.
