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Blog
The Need for Power of Attorney
POAs and other advanced directives are becoming more important. Provided by Hershey Financial Group, LLC The point of the POA. A power of attorney (POA) is a legal instrument that delegates an individual’s legal authority to another person. If an individual is...
FAFSA Simplification Act
Learn how legislative changes can help you finance your loved one’s education. Provided by Hershey Financial Group, LLC As a parent or grandparent, you know firsthand the challenges of funding a child’s education. The Free Application for Federal Student Aid (FAFSA)...
Ways to Fund Special Needs Trusts
A look at the different choices & strategies. Provided by Kristin Hershey If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income might not pay for, and...
A 6.1% Bump in Social Security?
COLA and Social Security. Provided by Kristin Hershey The news keeps getting better for Social Security recipients. It's now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most...
How COVID-19 Caused a “She-Cession”
Several women-dominated industries were hit hardest by the pandemic. Provided by Kristin Hershey Since the 1980s, unemployment rates have trended higher amongst men than women during a recession. In previous periods of economic downturn, this made sense....
Tax & Estate Strategies for Married LGBTQ+ Couples
In this age of marriage equality, there are new possibilities. Provided by Kristin Hershey The 2015 Obergefell v. Hodges Supreme Court decision streamlined tax and estate strategizing for married LGBTQ+ couples. If you are filing a joint tax return for this...
A COLA with Your Social Security?
Preliminary estimates call for a 4.7% cost-of-living increase.1 Provided by Kristin Hershey If there is a "silver lining" to all the inflation talk, it may be that Social Security benefits are expected to see a larger-than-normal increase in 2022. Preliminary...
Buffet and Powell Talk Inflation
What does it mean when two of the most powerful voices in American financial life seem to be saying two different things? In one corner, we have the “Oracle of Omaha,” investor Warren Buffett. As one of the nation’s richest people and most frequently sought...
What in the World Are NFTs?
A Look at Non-Fungible Tokens. Provided by Kristin Hershey Non-fungible tokens, or NFTs, have been the recipient of the latest buzz. NFTs are digital files attached to blockchain codes. If you know anything about digital currencies, you’re probably aware that these...
Inflation Boogeyman
What to keep in mind as inflation fears rise. Provided by Kristin Hershey Inflation has emerged as one of the top financial concerns for investors as they size up the economy for the rest of the year. According to research by Deutsche Bank, Google searches...