First Quarter Economic Update

Nicole FloroQuarterly Review

Some things are predictable “Point values are tripled; top four answers are on the board.”  Some things are unpredictable, like shutting down the global economy for a pandemic. The market does not like the world economy shutting down, but even worse is the uncertainty of an end date.  Over the past twenty years we’ve experienced the tech meltdown in March … Read More

Update from the Admin

Nicole FloroMFB Wealth Management Events, MFB Wealth Management Updates

When we look back at past issues of our newsletter, it is clear that people enjoy reading this article.  But in these uncertain times, I have struggled with what to write. We enjoy spending time with all of you and we know many of you look forward to our events and have the date saved for months.  We are unsure … Read More

“Passover is Cancelled Because of the Plague.”

Nicole FloroLife

It sounds like a joke, right? If I said that to you in our last quarterly newsletter, you would not believe me, but today it is a sad reality. People of faith around the globe are not gathering to celebrate and commemorate. For Christians this is Holy week and this Sunday is an Easter that we will always remember. There … Read More

Anxious about COVID-19? This may help.

Nicole FloroLife, Tips

How are you holding up?  If you’re like many of us, you’re probably feeling some level of anxiety regarding the COVID-19 outbreak.  And that’s okay.  We’re living in a time when feeling helpless is understandable.  Ultimately, what matters is how we choose to respond. One of the ways I try to mitigate anxiety is by helping others.  Since so many … Read More

Malachi

Doug FloroLife, Tips

I recently had the opportunity to teach a six-week class on the Old Testament book of Malachi.  Chapter three has some well-known verses about tithing.  I have been asked my opinion on the subject many times over the past twenty years and I would like to share a few thoughts and scripture references with you. Most would certainly agree that … Read More

The SECURE Act

Nicole FloroRetirement Planning

Long-established retirement account rules change. The Setting Every Community Up for Retirement Enhancement (SECURE) Act is now law. With it, comes some of the biggest changes to retirement savings law in recent years. While the new rules don’t appear to amount to a massive upheaval, the SECURE Act will require a change in strategy for many Americans. For others, it … Read More

Some Thoughts on Charitable Giving

Nicole FloroRetirement Planning, Tips

For those of you that don’t know me yet, I’m Jamie Shoup.  I have participated in three or four MFB events as well as seeing some of you at the Souderton office. I am one of the wealth advisors with the FSA team in Montgomeryville that has been partnering with MFB since 2017.  Some of you know us as the … Read More

How Medigap Choices Are Changing

Doug FloroRetirement Planning

Plan F is fading away, and Plan G may gain more popularity. As if the alphabet soup Medicare and supplemental insurance wasn’t already confusing, now we have some significant changes to certain plans coming in 2020. The cost for 2020 Medicare Part B has not been officially announced yet, but it is safe to say that there will be an … Read More

Eight Mistakes That Can Upend Your Retirement

Doug FloroRetirement Planning, Tips

Avoid these situations, if you can. Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible. No Strategy. Yes, the biggest mistake is having no strategy at all. Without a strategy, you may have no goals, leaving you no way of knowing how you’ll … Read More

What the SECURE Act Could Mean for Retirement Plans

Doug FloroRetirement Planning

If passed, it would change some long-established retirement account rules. Did you ever wonder why retirement savings accounts seem so confusing? We have the traditional 401(k), Roth 401(k), 403(b), 457, traditional IRA, Roth IRA, SIMPLE IRA, SEP IRA and profit-sharing plans. Each plan has certain quirks and rules.  So why do we have such a confusing mess? The House and … Read More