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Stambaugh Law Offices

Lancaster, PA 717-390-0390

Toll Free 877-562-5912

Category: Financial Planning

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The Simple (IRA) Way

What is a Simple IRA?  If you’re a business owner, you may have already heard this term before.  A Simple IRA is a retirement plan allowed for by the tax […]

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Adult Children and Filial Responsibility Law

What happens if Medicare isn’t yet applicable and the parents can’t pay for their own care? If a patient can’t pay for care received in such a situation, filial responsibility […]

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6 Retirement Mistakes to Avoid

Sadly, a large percentage of people — most notably, the baby-boom generation (1946-1964) — have made some monumental retirement mistakes. If they had come to us earlier, seeking retirement advice, […]

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What Does It Mean to Be a Fiduciary?

Long-debated rules were supposed to go into effect to require your financial advisor to act in your best interests when advising you on your 401(k) and individual retirement account. However, […]

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How to Pick a Financial Advisor

Don’t just pick anyone who calls himself a “financial planner.” Make sure you search for a Certified Financial Planner, a badge of achievement awarded by the Certified Financial Planner Board […]

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Get the Inside Scoop on Annuities

Annuities are financial products sold by insurance companies that allow you to put aside money, have it increase each year without paying taxes and then trigger a stream of future […]

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When It’s Time to Take Money Out of Retirement Plans

The term “distributions” refers to money withdrawn from a retirement plan. Generally, traditional IRA and 401(k) account holders are eligible to take penalty-free distributions at age 59 1/2, but the […]

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Landlording Can Be A Great Retirement Job

Looking for a part-time job that can earn you income without taking up too much time? Consider investing in a rental property and hiring yourself as a landlord. You’ll manage […]

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What’s the Difference Between Passive and Active Investing?

There are as many different ways to invest in the stock market as there are investors. However, there are two general categories of investing: active and passive. They require different […]

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How Long Will My Money Last After I Retire?

There are two key aspects used to determine how long your retirement funds will last. The first is how much you plan on spending in retirement and therefore the amount you […]

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Is a Reverse Mortgage Right for You?

If you’re lucky, when you reach retirement your house will either be paid off or will have a substantial amount of equity. If you’re like many Americans, you’ll need more […]

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Is Long-Term Care Insurance Worth The Cost?

Have you ever worried about medical costs consuming your savings as you age? If you live in the United States and plan to live into retirement, the answer is almost […]

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