Blog
Your 4% Withdrawal Strategy May Not Be Enough
YOUR 4% WITHDRAWAL STRATEGY MAY NOT BE ENOUGH Get the Tax Guidance You Need to Help Live the Retirement You Desire There’s a lot of concern among industry experts about whether the popular 4% withdrawal rule can provide enough income...
Read More
COMMUNITY FOUNDATION ANNOUNCES $250,000 GRANT TO FOOD HELPERS
The Washington County Community Foundation is pleased to announce that it has awarded a $250,000 matching grant to Food Helpers, the new umbrella organization for the Greater Washington County Food Bank.In July, Food Helpers initiated...
Read More
5 Highlights of the New Stimulus Package
After a bit of political posturing in December, the $900 billion Consolidated Appropriations Act of 2021 (2021 CAA) was signed into law by President Trump as the COVID-19 pandemic continues to impact employers and employees...
Read More2020 Year End Tax Planning
The CARES Act (2019) and the SECURE Act (2020) bring new planning opportunities. Below is a list of key changes Retirement Plan Withdrawals and Loans Up to $100,000 may be withdrawn from qualified retirement accounts - IRA, 401(k) and...
Read MoreAre You Prepared For A Recession?
With the market volatility, inverted yield curve, and the talk of recession in the news, people have increased concerns about their 401(k) plans and other investment accounts. In order best serve my clients and provide clarity on the...
Read MoreShow All
Proposed Tax/Retirement Legislation: SECURE Act
For the first time since 2006, Congress is on the verge of passing significant legislation designed to help Americans plan and save for retirement. In late May, the House of Representatives passed the SECURE Act (Setting Every...
Read More
Term Insurance is a Must for Young Families
No one ever thinks the unimaginable will happen to their family. But every day in the news there are tragic stories of a young father or mother passing away, leaving young children behind. We have seen it in our own practice, and it is...
Read More
Bonds are in the red – What should a conservative investor do?
Traditionally, investors who are risk averse allocate the majority of their portfolios to bonds. If you check a recent brokerage statement, most bonds appear to have lost money. In the last 12 months, interest rates have been on the...
Read More
6 Important Facts About 529 College Savings Plans
Do you know how much you need to save to send your kids to college? Here are 6 things you may not know about 529 college savings plans: You get a Pennsylvania tax deduction. It doesn’t affect your eligibility for financial aid....
Read More
6 Important Facts About 529 College Savings Plans
Do you know how much you need to save to send your kids to college? Here are 6 things you may not know about 529 college savings plans: You get a Pennsylvania tax deduction. It doesn’t affect your eligibility for financial aid....
Read More
2017 Year End Tax Planning
With only a few weeks till the end of the year, it’s time to make sure you’re positioned to take advantage of all available credits and deductions to optimize your 2017 taxes. Here is a list to help you get started:...
Read MoreTax Reduction Strategy: Qualified Charitable Distribution
Save money by changing the way you donate to charity! You can avoid reporting IRA distributions as income. If you are 70 ½ and your charitable contributions come directly from your IRA, the distribution is not reported as income...
Read More2017 Symphony of Food
A wonderful evening at the 2017 Symphony of Food at Bella Sera. We are so happy to sponsor an amazing organization which benefits so many women and children in our area.
Read MoreTrump and Republican Tax Proposed Planning Points – Itemized Deductions
You may want to pre-pay your 2017 itemized deductions in 2016.Here’s why:1. Federal ordinary income tax rates are proposed to go down, meaning the value of deductions are lower.2. The standard deduction is proposed to go up,...
Read MoreDonald Trump's Revised Tax Plan
Over the next few weeks, we will be sharing and analyzing parts of Donald Trump's Revised Tax Plan. This week, we wanted to share a table which compares the current tax rates and Donald Trump's revised tax rates. The revised tax plan...
Read MoreHow to Retire in a Bear Market
There’s still hope if you quit working when markets aren’t cooperating.
Read More
"A Weak Start For 2016": HD Vest Market Update
Last August, U.S. equity markets corrected for the first time since 2011. The proximate cause at the time was weakness in China, potential action by the Federal Reserve and the declining price of oil. Through the fourth quarter of 2015...
Read MoreCharitable IRA Rollover
You can save additional taxes by making your charitable contributions directly from your IRA as "Charitable IRA Rollover." The provision provides a possible tax saving opportunity for individuals 70 1/2 or older who must take minimum...
Read More