The Consolidated Appropriations Act of 2021 (the Act, also known as the Coronavirus Relief Bill) was signed by the President on December 27, 2020. In addition to Coronavirus aid it includes several tax provisions. This blog summarizes some of the
The 1973 Oscar for best music was given to Maureen McGovern for, “There Has to be a Morning After,” the theme from the Poseidon Adventure, a disaster movie about a cruise ship flipping upside down. Among the lyrics; There’s got to
It is hard to believe we are wrapping up this unprecedented year. Our worlds have been rocked and our emotions have been tested. But with all the challenges we have faced, we’ve learned one thing for sure, people are resilient
If you took a walk in your neighborhood and saw a property with a “For Sale” sign, chances are the house has already sold. A house in my neighborhood recently sold for over 12% of asking price – on the
Election Results – Possible Impact on 2021 Election results are still uncertain and which party will control the Senate will not be decided until January 5, 2021, when there will be runoff elections in Georgia for two Senate seats. Tax
It is our pleasure to announce that Hoover Financial Advisors has moved to a new office location. Our new address is: Hoover Financial Advisors 30 Liberty Blvd., Suite 200 Malvern, PA 19355 It is hard to believe that HFA started 15 years ago with
Clients continue to ask the question: "I am thinking of contributing to an IRA account in addition to making my 401k retirement plan contributions. When can I start?" As much as we at HFA love to hear about aggressive retirement
Death of the Stretch IRA: With the passage of the SECURE Act at the end of 2019, also came the death of the ”Stretch” IRA technique for most non-spouse IRA beneficiaries. Starting in 2020, when most non-spouse beneficiaries inherit a
The November 3rd U.S. elections will climax what is sure to be a circus of misinformation, angry partisanship and endless political ads. Investors hoping to find actions to preserve or grow their retirement portfolios are grasping for investment ideas or
In normal conditions, this time of year is usually a boom for retailers as “Back to School” sales pop up everywhere. Although sad to see the summer end, kids could always take solace in that new lunchbox, that special backpack
It is hard to believe we are wrapping up this unprecedented year. Our worlds have been rocked and our emotions have been tested. But with all the challenges we have
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