theresa

Gifting Strategies for Grandparents

September 13th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

Nothing compares to the joy of becoming a grandparent and seeing your children have children.  Sunday was National Grandparents Day, a day to honor and celebrate the special family relationship between a grandparent and grandchild.

Grandparents often have a desire to help their grandchildren financially.  […]

Avoid Tax Surprises This Year: No More Deduction for Investment Advisory Fees

September 7th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

(Part 4 of a 4-part series)

Some surprises are good, but when it comes to taxes it is better to know what you can expect.  In general, the new tax laws that take effect in 2018 will reduce taxes paid by many individuals because of […]

Avoid Tax Surprises This Year: Make Sure You Check Your Withholding

September 4th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

(Part 1 of a 4-part series)

Labor Day marks the end of summer for many people but its origin lies in honoring the contributions that workers have made to the strength, prosperity, laws and well-being of the country. Taxes are part of the everyday reality […]

Retirement Income: Taking Social Security Early

August 8th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

The Social Security Administration reports that approximately half of Social Security recipients collect Social Security at the earliest possible age of 62 and almost three-quarters of current beneficiaries are receiving reduced benefits because they filed for Social Security early.  Early beneficiaries are individuals that […]

Retirement Income: How Confident Are You?

August 2nd, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

Time does funny things.  One minute we’re excited at a new job and our prospects for the future. We’re eager to move into the world, assert our independence and enjoy the fun that financial freedom seems to offer. Then, in what seems to be […]

Summer Savings Strategies: Keep Your Assets Tax Diversified

July 11th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

When you retire, your savings and investments will likely become a primary source of income. Did you know that how your retirement income is taxed is impacted by both the type of investments and the type of accounts the income is taken from? For […]

What You Don’t Know About Social Security Could Hurt You (Part 4)

June 28th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

A MassMutual survey revealed last month that nearly half (47%) of Americans age 50 and over failed a basic five question true/false quiz on Social Security Retirement Benefits.

The results of this survey are alarming as the questions asked don’t even scratch the surface of […]

What You Don’t Know About Social Security Could Hurt You (Part 3)

June 26th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

A MassMutual survey revealed last month that nearly half (47%) of Americans age 50 and over failed a basic five question true/false quiz on Social Security Retirement Benefits.

The results of this survey are alarming given the questions asked don’t even scratch the surface of […]

What You Don’t Know About Social Security Could Hurt You (Part 2)

June 22nd, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

A MassMutual survey revealed last month that nearly half (47%) of Americans age 50 and over failed a basic five question true/false quiz on Social Security Retirement Benefits.

The results of this survey are alarming given the questions asked don’t even scratch the surface of […]

Summer Savings Strategies: Convert Summer Jobs Into Super Savings

June 20th, 2018|

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

If you are like most parents with a household of kids at home for the summer, you are probably trying to figure out what kinds of activities are going to keep them busy all summer long. For those of you with teenagers or college […]