RMHC Golf Tournament

Ronald McDonald House Charities of Western New York is part of a global network of Ronald McDonald Houses and programs that serve nearly 6,000,000 children and families annually. Since 1974, their network of local chapters has been making children happier and healthier by keeping families together and giving them a place to rest and heal.… Read more »

Mike Paternity Leave

Mike Harmer and his wife, Marissa, are expecting a baby girl very soon! Please keep in mind that Mike will be out of the office on paternity leave from approximately Monday October 19th through the end of November (anticipated dates subject to change). During this time, we will be redirecting any phone calls or emails… Read more »

Medicare Open Enrollment

For 2021, Medicare coverage open enrollment is from October 15, 2020 through December 7, 2020. Medicare Advantage open enrollment is January 1, 2021 through March 31, 2021. During the annual enrollment period (AEP) you can make changes to various aspects of your coverage: Switch from Original Medicare to Medicare Advantage. Switch from Medicare Advantage to Original Medicare (plus… Read more »

Quarterly Investment Commentary Q3 2020

Third Quarter Market Recap Despite choppiness in September, equity investors saw solid gains during the third quarter. The S&P 500 Index rose 8.9% in the quarter and recovered all its losses for the year. Underneath the surface, mega-cap growth names continue to lead the U.S. market. Without the 42.5% year-to-date price return of the six… Read more »

Education-Related Tax Credits & Deductions

There are several tax incentives for higher education expenses that are available to taxpayers of various income levels. We have summarized a few incentives available which we see with our clients most often below: The American Opportunity Credit:   Calculation of Credit: The American Opportunity Credit allows for a maximum annual credit of $2,500 per… Read more »

Aged Care Planning

Have you or a loved one ever experienced a family health emergency where a decision for care needed to be made quickly and the idea of navigating the myriad of questions (Where should they go for care? How long will they need to stay at a facility? Who will manage their home and financial affairs… Read more »

The Stock Market in a Presidential Election Year

Although history can be a helpful guide, the future holds no promises. That being said, it is not worth trying to predict the future and certainly it is not worth subjecting the long-term success of your financial plan on the speculative results of who will potentially win the Executive Branch. Much happens during the traditional… Read more »

Portfolio Design and Mitigation of Sequence of Return Risk for Retirees

What is sequence of return risk? Otherwise known as sequence risk, it is a risk associated with the order in which your investment returns occur during your retirement. It can potentially have a substantial impact when you are periodically taking distributions from your investments, reducing the longevity of your retirement capital (increasing the chances you… Read more »

Congratulations Ryan!

Please join us in congratulating Ryan DiPasquale on accepting a permanent full-time position with our firm as a Planning Associate. Ryan recently graduated from Canisius College with a Master of Business Administration in Accounting. He is currently working towards his CPA designation; he hopes to complete all parts of the CPA Exam very soon. Ryan… Read more »

Retirement Account Relief under The CARES Act

The Coronavirus Aid, Relief and Economic Security (CARES) Act included several important retirement account withdrawal and plan loan relief provisions to help provide financial assistance to individual investors and plan participants if they have been adversely affected by COVID-19. Who qualifies? In order to be eligible for relief under the CARES Act you must be… Read more »