What do we think? Whether it’s ideas from the industry, financial planning or new trends, you can read about it here. Once in a while, we may throw in a movie review or a hot take on Philadelphia sports. So keep checking in; we will do our best to post weekly. We will blog on ideas regarding personal finance that many of our clients are asking about and are interested in. Feel welcome to contact me at alex@apetsis.com with any questions or feedback!
Wednesday, February 16, 2022
Annuities are tricky enough, but annuities in 401(k) plans add a new dimension to retirement investing.
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Friday, April 2, 2021
The American Rescue Plan Act of 2021 had many interesting components, one of which is 2020 unemployment compensation becoming tax free in certain situations. Many of those who filed early and fall under these provisions will likely...
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Wednesday, February 24, 2021
Budgeting is tough, but the 50/30/20 rules makes it slightly easier. Here is my (Alex Petsis's ) 2 part series on budgeting:
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Wednesday, January 27, 2021
"It's not what you make, it's what you take!" Robinhood is a popular smartphone app retain investors can use to easily and quickly trade stocks and cryptocurrencies.The ease and convenience of trading as well as the $0 explicit...
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Tuesday, January 19, 2021
After the CARES Act waived RMDs for 2020, 2021 ushers in a new year of hope and a renewal of Required Minimum Distributions from retirement accounts. RMD Basics For those taking their RMDs, this is old hat. For new RMD takers, in...
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Friday, June 26, 2020
Many wonder what happens when we and our spouses approach retirement age but are still caring for a child? This is a situation that can be more common than you think, particularly if the child has special needs. Currently, parents are...
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Wednesday, June 17, 2020
Trusts are important vehicles in special needs planning. They not only set aside funds to pay for the care of the person with special needs while maintaining eligibility for programs like Medicaid, but they provide ways to preserve...
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Wednesday, June 10, 2020
Among the many challenges for families is making sure there will always be enough money to provide lifetime care for their children with disabilities. The costs are daunting: therapies, housing, medical care, and education, to name...
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Tuesday, March 10, 2020
Most people tell me that the best advice they have ever gotten was from their Dad. (or Mom) . My parents always had a great way of putting things in perspective. Some will tell you, that their grandparents were the ones who gave the...
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Wednesday, February 26, 2020
My thoughts on the Coronavirus market volatility can easily be summarized into this one chart: How have major viruses effected a major index in the moderate/near term? Not even the long term, which should be the horizon for our more...
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Tuesday, January 7, 2020
The SECURE Act provides some disappointing news for those hoping to defer their RMDs to 72 who are in their early 70s. As most of the commentary read, RMDs "are not required until age 72" and early hope was for the option of new RMD...
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Wednesday, December 18, 2019
For many, the mystery of retirement income is how do we turn our 401(k) plans into a paycheck to supplement our social security, rental and/or pension income. Many hire a trusted advisor to assist them in this endeavor. Many choose to...
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Thursday, November 21, 2019
When you have a child with special needs, it’s important to adequately plan for your long term care expenses, your insurability regarding long term care insurance and coordination with various professionals, family members and your child.
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Wednesday, September 4, 2019
Summary: Saving for retirement is more important than ever, but deciding where to put savings can be perplexing. Learn the differences between IRAs and Roth IRAs. Individual retirement accounts offer clients more benefits than just...
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Tuesday, April 16, 2019
With Q1 in the books and tax time behind us (unless you’re on extension!) I think it is important to make sure we have reflected on our 2018 financial plan and goals. I estimate in 2018 that Tony & I wrote over 50 financial plans...
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Thursday, October 11, 2018
Three main things are, in my opinion, causing market volatility we’ve seen on 10/10 and 10/11. Some overbought technology stocks, the lack of trade agreement between US China as well as rising rates have worked in concert to...
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Wednesday, April 25, 2018
Being a dividend investor is a popular retirement investment strategy. In a relatively low yielding bond environment, income generated from dividend paying stocks seems to give investors the best of both worlds; consistent income from...
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Friday, March 30, 2018
Audibling in professional football has become quite a sensation, especially with the addition of on the field “mike-d up” players. These now clearly-discernible audibles have made their way around the internet highlight...
Read MoreMany of us who have the news on during work day are subject to the periodic emergency alert system television tests. When I heard one this week, I couldn’t help but think “wow, this market correction, so far, has...
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Monday, February 12, 2018
"In investing, what is comfortable is rarely profitable." - Robert Arnott It can be uncomfortable to stay put when markets are volatile. Sometimes it takes awhile to get back to that high you were at before. But if we stick to...
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Tuesday, February 6, 2018
One way to protect yourself and your portfolio in the face of a correction is to buy yourself time. Throughout human history, the market has always come back, given time. The question is how long will that recovery take. Given that the...
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Monday, February 5, 2018
Today is an emotional roller coaster at Anthony Petsis & Associates. Many of you know me as more of a talker than a writer, but I'm giving blogging a shot. There was no shortage of content today. Firstly, the Philadelphia Eagles have...
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