What is The Widow’s Tax and How Will It Affect Me?
Losing a spouse is an incredibly emotional experience, and many are surprise to learn that it can also come with an unexpected financial penalty. The “Widow’s Tax” often leaves a surviving spouse facing a sudden drop in income at the same time taxes increase. We explain how this frustrating IRS rule works and outline steps you can take to protect your retirement income.
“It Won’t Happen to Me”: Why Scam Victims Are More Common Than You Think
When it comes to scams, most people have the same reaction: “I’d never fall for that.” We like to think we’re too smart, too cautious, or too experienced to be tricked. Yet, year after year,…
The Enhanced Senior Deduction: A Big, Beautiful Deduction for Retirees
The “One Big Beautiful Bill: introduced several significant changes. Along with permanently extended current tax rates and increasing standard deduction, one key provision stands out for retirees: The Enhanced Senior Deduction.…
Five Strategies for Gifting to Adult Children
Giving your children money during your lifetime can be helpful for them and fulfilling for you. There’s a delicate balance, though.
Ask the Adviser: What financial advice would you give to a C‑suite executive?
The uncomfortable truth is that boards change, priorities change, investor sentiments change—and leadership teams often change with them.
Ask the Adviser: What tax consequences should I consider before retiring in Pennsylvania?
While Pennsylvania has minimal taxes on retirement income, the state does levy an inheritance tax. Here’s what that means for you and your heirs.
Ask the Adviser: How should I use beneficiary designations in my estate plan?
Directing some assets through beneficiaries and others through your will can reduce taxes for your heirs. Here’s what to consider.
Ask the Adviser: How can I give to my grandkids in a way that supports my own retirement plans?
Assuming you’ve determined that you can contribute financially without hindering your own retirement plans, you should carefully consider how you may be able to help.
Ask the Adviser: Should I begin making gifts to my new grandchild?
“New Grandparent Syndrome”—and the doting it inspires—is real. Here’s how you can balance generosity with practicality.
Ask the Adviser: Why are Medicare Part B premiums going down when inflation is up?
After a large increase in Medicare Part B premiums for 2022, the cost is now dropping. We’ll look at a surprising reason why.
Phase 2 of the AGILE Retirement Journey
Preparing for retirement might be the single biggest financial challenge people face. We’ll cover planning at the beginning of your retirement journey on this edition of Project Wealth.
What is a Money Script?
We all have different “money scripts,” or things we tell ourselves about money that impact our financial decisions. Becoming aware of these thoughts—and the impact they have on our spending and saving behaviors—is important as you plan for and enter retirement.
Estate Planning for Pets
Do you have a plan to provide for your pets after you’re gone? We’ll cover some estate planning tips for our furry friends on this edition of Project Wealth.
10 Years Later: Lessons Learned from the Bernie Madoff Scandal
Since his deceit was revealed, there are still many unanswered questions. Despite these questions, there are lessons that fraud can teach all investors to avoid becoming victims of the next Madoff.
What is a HELOC? How they Differ from Conventional Mortgages
HELOC stands for home equity line of credit. Like a mortgage, it’s a loan made against the equity in your home.
Life Insurance
Are you retired or planning to retire soon? Do you still own a life insurance policy? We’ll give you some life insurance pointers on this edition of Project Wealth.
Taxes & Retiring in PA
Why is Pennsylvania considered a good state for retirees? The answer on this edition of Project Wealth.
Retirement Income Calculations: What Many Are Missing
Don’t take shortcuts when calculating your retirement income
Variable Annuities: How To Evaluate Whether You Should Keep One
Unfortunately, it is not uncommon to meet prospective clients who attended an “informational” seminar, got a nice steak dinner, and ultimately purchased an annuity that may cost them thousands of dollars…
Pennsylvania: Good State To Retire In, Bad State To Die In
While the federal estate tax (in its current form) is probably something that very few people will need to worry about, the inheritance tax is really something that all Pennsylvanians need to consider.
