Strategies You Need to Know to Maximize Your 401(k)
Named after its section in the Internal Revenue Service code, 401(k)’s and other employer-sponsored retirement plans, such as 403(b)’s and 457’s, have become a mainstay for building and saving toward retirement. These retirement plans offer the most comprehensive benefits, from the highest contribution limits to employer matching to unlimited creditor protection, to name a few. However, several studies suggest that many Americans have inadequate retirement savings. Here are several strategies to maximize your 401(k), which include matching the match, automatic annual increases, the Roth 401(k) option, and after-tax savings.
4 Year-End Planning Strategies for Qualified Charitable Distributions
The end of the year is a notoriously busy time, known anecdotally to both bring great joy and great stress as individuals across the country coordinate family time, work, travel, and last-minute income and tax planning strategies – all before the clock strikes midnight on December 31, ringing in the new year.
5 Steps for a Smooth Transition of Financial Responsibilities
The day may come when we can no longer manage our finances. Elder financial exploitation has been on the rise as people are living longer and increasingly likely to encounter some level of cognitive decline while remaining physically able-bodied. There are several steps you can take to make any necessary transition a smooth one when the time comes to get help with your finances.
Two the Point — Steady As She Grows: Navigating the Economic Upswing of the 2023 Economy
In our weekly video series, we highlight one observation we think is most important regarding the economy and the financial markets.
This week we discuss navigating the economic upswing of the 2023 economy.
Dividend Divergence: Yielding Insights From 2023’s Market Waves
In our weekly video series, we highlight one observation we think is most important regarding the economy and the financial markets.
This week we highlight the intriguing dynamics of dividend stock performance within the S&P 500.
Maximizing Your Year-End Charitable Giving
By Elizabeth B. Wagner, SVP, Director of Institutional Wealth Management, Bryn Mawr Trust Charitable giving is a uniquely American phenomenon, driven by both social and tax considerations. In 2022, Americans gave $499.33 billion to charitable causes, according to the annual Giving USA dataset. Just under two-thirds of that came directly from individuals (not corporations, foundations, […]
Changes to 2024 Taxes May Help 2023 Tax Planning
By Lisa M. Borrelli, Senior Wealth Specialist, Bryn Mawr Capital Management, a subsidiary of WSFS Financial Corporation Thinking back to 2022, it was difficult to consume financial media without seeing market volatility and inflation. Throughout 2023, rising interest rates and cooling inflation[1] have dominated the headlines. A benefit for taxpayers looking at 2023 year-end and […]
Two the Point — Seasonal Market Insights: Unwrapping the Santa Claus Rally
In our weekly video series, we highlight one observation we think is most important regarding the economy and the financial markets.
This week we discern the underlying factors shaping investor sentiment.
Two the Point — Holiday Resilience: Navigating Consumer Spending Dynamics
In our weekly video series, we highlight one observation we think is most important regarding the economy and the financial markets.
This week we explore the intricacies of holiday spending.
Two the Point — Inflation Update: The Fed’s Dilemma
In our weekly video series, we highlight one observation we think is most important regarding the economy and the financial markets.
This week we discuss the intricate landscape of inflation.
Two the Point — Charting Economic Waters: Fed’s Decision and Jobs Data Analysis
In our weekly video series, we highlight one observation we think is most important regarding the economy and the financial markets.
This week we discuss the nuances of last week’s Federal Reserve Open Market Committee meeting.
Two the Point — Unlocking Opportunities: Q3 Earnings Trends for Informed Investing
In our weekly video series, we highlight one observation we think is most important regarding the economy and the financial markets.
This week we discuss the key takeaways from Q3 earnings.
