Author Archives: Mary Ann

ABLE Accounts for Individuals with Disabilities

WHAT ARE ABLE ACCOUNTS? In late 2014, Congress passed the “Achieving a Better Life Experience Act” (the ABLE Act). This law enabled states to establish and operate ABLE programs so that individuals with disabilities can save money for their future … Continue Reading

Posted in Commentary

Planning for a Divorce

You might say “who would ever plan for a divorce.” While no one plans to divorce, the fact is that the divorce rate in the United States is about 50% which translates to about 2 million divorces annually. If you … Continue Reading

Posted in Commentary

All Special Needs Trusts Are Not Created Equal

Special Needs Trusts (also known as a Supplemental Needs Trusts) are created for various reasons. Examples are: a parent creates a trust to provide for a disabled child’s long-term needs; a trust is created to deposit proceeds from a personal … Continue Reading

Posted in Commentary

The American Tax Relief Act of 2012 – Summary

Below are some highlights of the Act that was passed and how they might affect you or your family. While the summary is not all inclusive, it should give you some tax planning tips to discuss with your Financial Advisor … Continue Reading

Posted in Commentary

In-Service 401(k) Rollovers

As expressed in the May/June 2012 issue of “Eye on Money,” some 401(k) plans have high fees and expenses. In addition, the investment choices available in these retirement plans are sometimes limited. As a result of TIPRA (Tax Increase Prevention … Continue Reading

Posted in Commentary