What Are Trump Accounts for Kids? The Trump Accounts for Kids program was introduced as part of the One Big Beautiful Bill Act signed in the summer of 2025. These accounts create a new way for families to save and invest for a child’s future, offering an alternative to traditional options such as 529 college […]
Roth Conversion Strategy: What It Is and How It Works
Financial PlanningIf you have savings in a traditional IRA or 401(k), you may have come across the term Roth conversion and wondered whether it is right for you. A Roth conversion strategy involves transferring funds from a pre-tax retirement account into a Roth IRA, where future growth and qualified withdrawals can be tax-free. While the concept […]
Estate Planning for Blended Families: Avoiding Pitfalls
Estate Planning, Financial PlanningBlended families, which include children from previous relationships, stepchildren, and spouses, are increasingly common today. While these families offer opportunities for love and connection, they also can bring challenges, particularly when it comes to estate planning. Without careful preparation, disagreements over inheritances can arise, leaving families vulnerable to conflict and legal disputes. For individuals in […]
Smart Financial Strategies for Long-Term Health Care Planning
Financial Planning, Insurance PlanningUnderstanding the Financial Risk of Long-Term Care in Retirement When considering risk to an investment portfolio in retirement, most think of stock market risk. That risk can be mitigated with the appropriate investment strategy. However, long-term care is another major risk that can have a serious impact on your financial future, and it is one […]
Social Security Planning: When and How to Claim Benefits
Financial Planning, Retirement PlanningNavigating the complexities of Social Security benefits is a critical component of effective retirement income planning. Understanding when and how to claim these benefits can significantly impact your financial well-being during retirement. At Bill Few Associates, our Pittsburgh financial advisors are dedicated to guiding you through the intricacies of Social Security to help you maximize […]
How 401(k) Changes in 2025 Impact Your Retirement Savings
Financial Planning, Retirement PlanningUpdates to 401(k) contribution limits and rules in 2025 offer new opportunities for workers to bolster their retirement savings. Whether you’re a seasoned saver or just starting your retirement journey, understanding these changes can help you make the most of your contributions. Here’s a closer look at what’s changing and how it could affect your […]
Handling Long-Term Care Insurance Claims for Parents
Financial Planning, Insurance PlanningAs your parents age, the need for long-term care can become an inevitable reality. Navigating the complexities of long-term care insurance (LTCI) claims can be daunting, but with the right approach and knowledge, you can efficiently manage the process. Understanding Long-Term Care InsuranceLong-term care insurance is designed to cover services that aren’t typically included in […]
National 401(k) Day: Your Pathway to a Secure Retirement
Financial Planning, Retirement PlanningWith end-of-summer activities wrapping up and autumn just around the corner, now is the season to buckle down and focus on what needs to be done before the end of the year. This includes thinking about your retirement plan. It’s crucial to remember that the decisions you make today will impact your quality of life […]
6 Financial Tips for Caregivers
Financial PlanningFinancial Focus for Women: An article series created by Bill Few Associates to help women achieve financial independence. Being a caregiver can be one of the hardest jobs one can undertake, yet it can also be the most rewarding. Many caregivers might agree that the ability to provide care for a loved one and be […]
Why Patience Rewards Investors
Investment ManagementMany of us look forward to summertime as an opportunity to relax and perhaps distance ourselves from some of the chaos of daily life. However, if you tend to keep a close eye on your investment portfolio, these past few months have been especially stressful. Financial markets have taken a significant tumble from post-pandemic highs, […]
