Ask the Advisor: Should You Name Your Estate as Your IRA Beneficiary?
IRA beneficiary rules can be tricky. The wrong choice may trigger taxes, probate costs, and delays. Learn expert retirement planning advice to protect your heirs.
10 Exciting Hobbies to Explore in Retirement (They’re Worth the Investment!)
Retirement isn’t the end of the journey — it’s the start of a new adventure. Discover 10 fulfilling hobbies that can enhance your lifestyle in retirement.
What is Form 5498, and why did I receive it so late?
Form 5498 must be mailed to the IRS by May 31. However, because IRA contributions can be made up until April 15, you might not receive Form 5498 until after Tax Day.
Ask the Adviser: Are Gifts to Children Tax-Deductible?
Although gifts to individuals are not tax deductible, you can get a partial deduction for money that will eventually go to your children.
Ask the Adviser: How do I figure out what I actually spend in a year?
Calculating your annual spending isn’t quite as simple as it seems, and yet it’s key to creating an accurate financial plan. Follow this formula.
Ask the Adviser: How do I handle the taxes on inheritance from a PA resident?
Whether you’ve inherited property or other assets, here’s what to know about settling the tax bill in Pennsylvania.
Ask the Adviser: What is ESG investing and why all the talk about it lately?
ESG ratings evaluate how socially conscious a company is, serving as guideposts for selective investors. And their impact is only growing.
Ask the Adviser: How do I shop for the best rates on my cash?
Looking for ways to make your cash work for you without committing to a long-term investment? There are plenty of options available.
Avoiding a Head-on Collision Between Your HSA and Medicare
The last thing you want is your HSA and Medicare to clash.
Ask the Adviser: What does the Inflation Reduction Act mean for my ACA subsidies?
The Inflation Reduction Act extends premium tax credits through 2025—and expands who’s eligible.
Five Common Mistakes When Taking Qualified Charitable Distributions From Your IRA
Making charitable gifts from your IRA instead of your checkbook can be an excellent tax management strategy. Doing so helps you to fulfill your required minimum distribution while reducing taxable income dollar for dollar.
Go On a Treasure Hunt: Claim Back Your Own Assets
You might have assets sitting at the Pennsylvania Treasury that belong to you. All you have to do is claim them.
Taking Inventory with Financial Tracking Apps
If managing your financial accounts feels clunky or time-consuming, a money management app can help you track spending, savings, and performance. Here are three to consider.
Power of Attorney Roadblocks: Can You Answer These Three Questions About Your POA?
You may be shocked to learn that new national and state laws may have prohibited your agent’s power to act.
Phase 4 of the AGILE Retirement Journey
You are finally retired but the journey is not over. There is still plenty of planning left to do. We will discuss what needs to be done in the last…
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.
How to Determine Your Bond-to-Stock Asset Allocation
One way is determining your risk tolerance.
5 Ways to Minimize Your Retirement Income and Maximize Health Insurance Tax Credits
Depending on your income and household size, you may qualify for federal tax credits, a combination of credits and subsidies, or Medicaid.
Tax Implications of Owning a Vacation Home: What Everyone Ought To Know
Thinking of buying a vacation home? Here are some factors to consider before you make your decision.
Reducing Future Taxes – What is Form 8606?
And what should you do if you have forgotten to file Form 8606?
