Tom Lesko

Senior Wealth Management Consultant

Financial Planning » Qualified Charitable Distributions and the New Tax Law

March 13, 2018 | Wealth Management

The Tax Cuts and Jobs Act made sweeping changes to our tax laws when the bill was signed this past December. On January 1, the standard deduction – an amount that all tax filers can deduct from their income each tax year – was doubled to $12,000 for single filers and $24,000 for joint filers. The …

Library » Contribution Limits, Tax Rates, and More for 2017

January 26, 2017 | Wealth Management

Every year the IRS announces numerous changes to contribution limits and tax rates that are important to know for investing and tax planning purposes. Similar to 2016, the changes for 2017 are modest, with many figures remaining the same. Changes are typically dictated by cost-of-living …

Dana Vosburgh, CFP®

Director of Family Wealth Management

Financial Planning » Comparing IRAs: Trusteed and Traditional

November 10, 2016 | Wealth Management

Individual Retirement Accounts (IRAs) are a great way to save for retirement and accumulate wealth. However, when it comes to preserving your legacy and passing on your wealth to future generations the way you wish, there are options to consider. Both a Traditional IRA and a Trusteed IRA are …

Financial Planning » Solutions for Remarkable Times

November 08, 2016 | Active Management

How do you plan for today’s remarkable times? We discuss how we are finding investment opportunities despite the current slow growth environment, and strategies we use with individuals to help them meet their goals.

Megan Henry

President of Exeter Trust Company

Financial Planning » Let your Legacy Live On With a Trusteed IRA

September 19, 2016 | Wealth Management

Many individuals have the enviable burden of owning a significantly large Individual Retirement Account (IRA). They want to have those assets available for the well-being and financial security of their loved ones even after they have passed away. It sounds simple, but anyone living with an …

Ethan McKenney, CFP®

Senior Wealth Management Consultant

Library » Required Minimum Distributions from Inherited IRAs

December 18, 2015 | Wealth Management

As the end of the year approaches, it’s important to be aware of certain withdrawal requirements for owners of IRAs. Many may be aware that Required Minimum Distributions (RMDs) from IRAs begin in the year when an IRA owner turns 70½. However, RMDs from Inherited IRAs are treated differently and …

Library » Required Minimum Distributions from IRAs

August 24, 2015 | Retirement Plans

Introduction Many retirees have large IRAs that grow in value over years of saving and investing in qualified retirement plans. However, the government is seeking the tax revenue from lifetime earnings that have been deferred in IRAs throughout their working years. In order to collect tax …