Posts by Wharton Wealth Planning, LLC
How to Decide if a Roth IRA or Roth Conversion is Right for You (Updated for 2026)
Key Takeaways What are the benefits of a Roth IRA and how do these accounts work? A Roth IRA is an Individual Retirement Account to which you contribute after-tax dollars. With a Roth IRA account, you won’t pay taxes as your money potentially grows, and you can make tax-free withdrawals during retirement. These plans are…
Read MoreNAPFA’s New Fiduciary Standard (2026): What It Means for Investors Seeking a Fee-Only Financial Advisor
Key Takeaways – Understanding NAPFA’s Fiduciary Standard and Fee-Only Financial Advice • NAPFA adopted an enhanced fiduciary standard in June 2026. • The updated framework introduces five fiduciary duties. • NAPFA members remain fee-only advisors who do not accept commissions. • Investors looking for objective financial advice should understand how NAPFA differs from other advisory…
Read MoreMajor Changes to Your 401(k) Plan Could Be Coming in 2026: What To Know
Wharton Wealth Planning was recently quoted in Newsweek on December 20, 2025. The article link can be found here https://www.newsweek.com/401k-plan-changes-2026-11248697 What to Know Significant changes could be coming to your 401(k) plan in 2026 after major global investment firm Vanguard announced it will offer an annuity option within its products. It’s a move that could…
Read MoreA tool for guaranteed income may be coming to your 401(k)—here’s what you need to know
Wharton Wealth Planning was recently quoted in CNBC on December 9, 2025. The article link can be found here https://www.cnbc.com/2025/12/09/vanguard-announces-annuity-option-in-401ks.html 401(k) Income and Annuities Mutual fund companies are increasing access to a type of investment that provides guaranteed income for life. Last week, mutual fund firm and index investing pioneer Vanguard announced a new line…
Read MoreTax and Estate Planning Strategies for New York City Residents
Strategies to reduce tax exposure and protect your estate in New York New York state, unlike many states, has its own estate tax, with complex rules that can catch investors off guard. When combined with federal estate tax laws, this can lead to a significant tax burden for high-net-worth individuals and their heirs. New York…
Read MoreAs the TACO trade goes viral, another is gaining traction: ‘Anywhere But The USA’
Published Mon, Jun 2 2025 5:54 AM EDT Updated Tue, Jun 3 2025 5:03 AM EDT We were recently quoted in CNBC on June 2, 2025. The article link can be found here https://www.cnbc.com/2025/06/02/inside-the-abusa-trade-anywhere-but-the-usa.html Concerns over the health of the U.S. economy and Donald Trump’s trade policies have born a new trade: “Anywhere But the…
Read MoreHow to Pay Less Tax on Retirement Account Withdrawals
We were recently quoted in U.S. News and World Report on April 24, 2025. The article link can be found here https://money.usnews.com/money/retirement/articles/how-to-pay-less-tax-on-retirement-account-withdrawals Retirees can easily gain a tax break on savings if they know where to look. Key Takeaways The tax implications of retirement savings withdrawals can be complex, but understanding a few basic principles…
Read MoreEarn Tax-free Income from Your Investments with Municipal Bonds
published by Investing.com October 30, 2024Â Â https://www.investing.com/analysis/earn-taxfree-income-from-your-investments–consider-municipal-bonds-200653607 Like all bonds, municipal bonds are trading at much higher yields on an absolute basis than in decades. A big part of that is the recent rate-hiking cycle that the Fed has embarked upon to curtail inflation, which was at 40-year highs. So, we have a much different…
Read MoreMoney Life Podcast – We talk about what determines our buy and sell decisions and discuss mutual funds, ETFs, and the market in general.
Money Life Show podcast hosted by Chuck Jaffe – We talk about what determines our buy and sell decisions and discuss mutual funds, ETFs, and the market in general. Transcript for Podcast Below: Chuck Jaffe (Host): David Rosenstock, Director of Investments and Financial Planning at Wharton Wealth Planning, is here. We’re talking funds and ETFs,…
Read MoreAre Tax Inefficiencies Costing You Money and Impacting Your Retirement Goals? Advice for the Tax-Conscious Investor.
Reduce investment taxes and maximize your retirement income and savings Concerned about keeping your investment taxes low? Surveys indicate that over 70% of Americans are concerned that rising taxes will diminish their future savings. Unaddressed tax inefficiencies in your investment portfolio and financial plan could also erode how much you have left to live on…
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