Nov 14, 2016 | Retirement
The Centers for Medicare Services announced on Thursday the changes that will go into effect for Medicare recipients for 2017. First the Part A deductible will be increasing by $28 from $1,288 to $1,316 and the Part B deductible will be increasing by $16 from $166 to...
Oct 31, 2016 | Retirement
If you work for an employer who doesn’t withhold Social Security taxes from your salary, such as a government agency; e.g. City of Philadelphia, any pension you get from that work can reduce your Social Security benefits. The Windfall Elimination Provision (WEP) can...
Oct 13, 2016 | Retirement
We have a number of clients in the DROP plan (Deferred Retirement Option Plan), or those that have retired and taken their funds out. You have a number of things to consider as you plan for your retirement. If you decide to take a distribution of the funds you will...