12 Ways to Avoid a Penalty on Early Withdrawals
If money is taken from an IRA before age 59 1/2, a 10% excise tax penalty is applied to the amounts withdrawn—unless it meets one of the twelve exceptions.
Passive Investing: Index Mutual Funds vs. Exchange-Traded Funds (ETFs)
The difference can be summed up in two words: intraday trading. Unlike mutual funds, ETFs can be bought and sold anytime throughout the day.
529 Plans: Know the Rules for K‑12 and College Qualified Expenses
529 plans can be a good option for both college and K‑12 savings. But to avoid paying taxes or early withdrawal penalties, it’s vitally important to keep up with any changes to the rules.
Are Pennsylvanians Saving Enough for Retirement?
Only 51% of Pennsylvanians have tried to figure out how much they need to save for retirement—and just 31% are satisfied with their current financial condition.
How to Determine Your Bond-to-Stock Asset Allocation
One way is determining your risk tolerance.
Why is Time-Weighted Return a Good Way to Track Performance in Retirement?
Learn why we use time-weighted return as a reporting metric and see how it gives you an accurate picture of portfolio changes over time.
Five Small Steps for You, One Giant Leap for Your Retirement
Take small steps, make prudent choices year after year, and watch your savings and investments grow.
Who Else Wants Free Money and Lower Income Taxes?
Many are unknowingly saying, “No thank you”.
Cut Your Taxes in Half During Retirement?
Many people believe all they need to do for retirement is defer as much money as they can. This is rarely the case.
Do You Have an Accurate Vision of Retirement? If You Don’t Know Where You Are Going, It’s Going to Be Hard to Get There.
Retirement is not a date on a calendar; it is a journey that begins before our working career ends.
Are Gifts to Children Tax-Deductible?
There is a way to get a partial deduction for money that will eventually go to your children. A charitable lead annuity trust gifts money to a charity first, and then passes assets to your beneficiaries.
Non-working Spouses Can Contribute to an IRA: Here’s How
Income earned by one spouse can be used to fund retirement accounts for both spouses.
Reducing Future Taxes – What is Form 8606?
And what should you do if you have forgotten to file Form 8606?
Who Really Wants to be a Millionaire?
Becoming a millionaire doesn’t happen on its own: it takes planning and perseverance. Here are some steps you can take to grow your net worth.
What is Your Life Expectancy?
The major components to life expectancy are genetics and lifestyle.
Ignore After-Tax Savings at Your Own Peril
Your after-tax savings also offers tax advantages and other important benefits you may not be thinking about.
Don’t Get Penalized for Having Stock Market Gains
You may need to make quarterly tax payments on your capital gains.
Do Stock Splits Increase a Company’s Value?
A stock split is when a company decides to increase the number of shares outstanding.
Spending – The Overlooked Part of the Retirement Equation
Lee Eisenberg wrote a book in 2006 about the amount of money and resources people will need to enjoy the active life they desire, mostly post-career, titled THE NUMBER: A Completely Different…
The Future Has Always Been Better Than the Past
A well-diversified portfolio of stock market indices has a history of recovering after each downturn.
