Meet Silvio Silenzi, Financial Advisor at U-Vest, GA!
This month, we’re thrilled to feature Silvio Silenzi, one of U-Vest Financial’s seasoned advisors and a key leader in our Macon/Warner Robins, Georgia office. With over 30 years of experience in financial advising, Silvio’s dedication to his clients and community exemplifies the core values of U-Vest.
Here’s more about his journey:
- Career: Silvio is in his 31st year as a Financial Advisor, helping clients navigate their financial goals with expertise and care.
- Community Engagement: Silvio actively supports the Sacred Heart Catholic Church Finance Committee, offering guidance on managing their $1.4 million annual budget. Additionally, as a trustee for Mt. de Sales Catholic High School, he contributes to their finance and facilities committees.
- Family Highlights: Silvio’s daughter, Elizabeth, has recently joined his practice as a Financial Advisor after an eight-year career as a Process Engineer. His son, Nicholas, is pursuing a master’s degree in aerospace engineering at the Florida Institute of Technology and will graduate in May 2025.
Outside of his professional and community commitments, Silvio values family time and remains dedicated to supporting others through his work.
IRS Contribution Limits: What’s Changed for 2025?
As you plan for the upcoming year, take note of these key updates to IRS contribution limits for 2025:
- 401(k) Contributions: Increased to $23,000 for employee contributions (up from $22,500 in 2024).
- IRA Contributions: Raised to $7,000 for traditional and Roth IRAs (up from $6,500).
- Catch-Up Contributions: Individuals 50 and older can contribute an additional $8,000 to 401(k), 403(b), or 457 plans, with IRAs allowing an extra $1,500.
- HSA Contributions: Individual contributions are now capped at $4,150, and family contributions at $8,300.
These changes provide new opportunities for retirement and savings strategies. For personalized advice, reach out to your advisor today!
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Special Dates Coming Up in January:
- January 1 — New Year’s Day
- January 15 — Martin Luther King Jr. Day (Observed)
- January 16 — Deadline for Q4 Estimated Tax Payments
- January 31 — Last Day for Estimated Tax Payments (for some businesses and self-employed individuals)