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Shaping Women’s Futures Through Strategic Planning and Empowerment

ByWSFS Contributor

The complex landscape of life’s major events—career changes, marriage, childbirth, divorce, and the loss of a loved one—should prompt women to reevaluate and amend their wills, trusts, and overarching financial plans. These milestones are not merely checkpoints; they represent critical junctures where thoughtful, reimagined planning is paramount.

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Navigating the Future: Key Changes Reshaping Company Retirement Plans in 2024

ByWSFS Contributor

The landscape of employee retirement planning is undergoing transformative changes. The Employee Retirement Income Security Act (ERISA) is at the heart of this evolution, introducing pivotal themes that promise to redefine the retirement planning horizon for millions of workers. Let’s explore some key themes for 2024, each designed to enhance the retirement readiness and financial security of the average employee in an ever-changing world.

A woman looking at her laptop. Her hair is pulled back into a bun and she is wearing a white button-up shirt.

Securing Tomorrow: Women’s Roadmap to Financial Confidence

ByWSFS Contributor

Exploring the interaction between retirement, education, and real estate is vital in financial planning especially for women. Early and ongoing financial education is crucial for managing both current and future needs effectively. A recent Bryn Mawr Trust study highlights the importance of strategic planning in addressing the impacts of career changes, educational progress, and residential moves on women’s finances. Understanding these factors enables women to make informed decisions that support their life ambitions and financial security.

A woman looking thoughtful. She has shoulder-length gray hair, and is wearing tortoiseshell glasses and an Oxford shirt. She pensively presses a pencil against her chin.

Are Women Leading the Charge in Securing Their Financial Future?

ByWSFS Contributor

Women are at the forefront of securing their financial futures, showcasing resilience, strategic planning, and an unwavering commitment to financial literacy. In an era where financial landscapes are constantly evolving, women’s involvement in financial planning has become more pronounced.

An architect with a scale model.

Unlocking the Potential: What You Need to Know About IRC Section 1031 Like-Kind Exchanges

ByWSFS Contributor

For those navigating the intricate world of real estate transactions, IRC Section 1031 provides a unique opportunity to defer capital gains taxes by selling property and reinvesting the proceeds in a similar property. Whether you’re a seasoned investor or a first-time property owner, understanding the nuances of Section 1031 is crucial for optimizing financial outcomes.

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Plan Wisely, Four Steps to Tax-Efficient Investing

ByWSFS Contributor

For investors, the difference between investing and intelligent investing might not be how much you earn on each investment but how much you keep, after taxes. By implementing tax-efficient strategies into your overall financial planning you can learn to manage, defer, and/or reduce your income tax burden and hold on to a larger portion of your wealth.