Taylor’d Finance Blog
Welcome to my blog! I’m Taylor Ledbetter, a Paraplanner and Wealth Advisor at Jessup Wealth Management. I joined the team in July 2020 as a financial planning intern. By 2021, I graduated from Wright State University with double Bachelor’s Degrees in Financial Services and Accounting and an Associate’s Degree in Business Administration from Sinclair Community College.
This blog aims to dissect relevant financial planning topics and educate readers. I put a lot of thought into providing insights and strategies to help you enhance your financial lives. Whether you’re looking to optimize your investments, plan for retirement, or manage your budgets, I’m here to guide you toward achieving your financial goals.
Understanding how Medicare changes every year can help you determine whether Original Medicare or a specific Medicare Advantage plan is right for you. Medical costs are increasing each year, and several factors contribute to this trend.
This is the third post in my series reviewing the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025. In this post, I'll highlight provisions including "Trump Accounts" for kids, expanded uses of 529 plans, and updates to the estate tax exemption. It's important to know what exactly has changed, why this matters, and how it could impact your financial situation.
When filing taxes, individuals take either the standard deduction or itemized deduction. All taxpayers are eligible to use the standard deduction when filing their taxes. Whereas only certain taxpayers are eligible to itemize their deductions. The standard deduction for 2025 is $31,500 for taxpayers filing jointly with their spouse and $15,750 for single filers.
The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4th, 2025. This extends the provisions of the 2017 Tax Cuts and Jobs Act (TCJA), which were set to expire at the end of 2025. This law has implemented some permanent, significant tax changes, including the extension of the TCJA's tax brackets, an increased standard deduction, and higher gift and estate tax exemption thresholds.