Nick Pavia, CLTC

Deciding between the TRS pension plan and the Optional Retirement Plan (ORP) depends on factors like your career goals, retirement objectives, and financial preferences. TRS offers a defined benefit pension, ensuring a steady income in retirement, while ORP provides flexibility with investment choices and portability. Consider consulting with a LifeBridge financial advisor to weigh these options based on your individual needs and circumstances. https://lnkd.in/g-fvunwC #FinancialPlanning #LifeBridgeFG #RetirementPlanning #InvestmentStrategies #FinancialStability

Would you like to learn more about how a 401k plan can benefit the business owner? Join us June 4th at 12pm via MS Teams for 30mins to learn about: ·      Defined Benefit Plans; Common misconceptions and design strategies ·      SECURE 2.0 and how it affects retirement program design ·      Variable Cash Balance plans to increase benefits to owners ·    How to put away hundreds of thousands and drastically lower your tax liability Send me a private message or email for the invite link!

Irrevocable trusts in annuities can help you make the most of your hard-earned legacy with control, flexibility, potential tax deferral and guaranteed lifetime income.

The full fixed income universe is (finally) back in play. Make sure your clients are invested in the right areas to help reach their goals–this shareable insight can help.

Is your financial advisor a fiduciary? Learn why this matters for your financial health and well-being.

Join Fort Pitt's Financial Advisors, Bryson Roof, CFP®, and David Plante, CFP®, as they discuss financial resolutions and retirement planning for the new year. They will cover key topics, including: • How to avoid common estate planning mistakes • Common budgeting errors • Identifying retirement pitfalls Register today: https://bit.ly/3R2kYO9 If you can't join live, we email a recording to everyone who registers. #financialplanning #FortPittWebinarSeries #financialeducation

This coming year may well be known as the “Great Moderation.” Read Cetera Investment Management’s 2025 Annual Outlook to find out why they believe inflation, interest rates, labor market, economic growth, and stock and bond returns will all moderate this coming year. Click here: https://lnkd.in/eaa758jk

Senior strategist Doug Drabik discusses fixed income market conditions and offers insight for bond investors in the Weekly Bond Market Commentary.

Creating an overall income strategy when you have investment assets within a CCPC creates another part of the retirement income planning puzzle. All sources of retirement income have to be considered as you craft a strategy.

While the Roth IRA has played a role in helping investors generate tax advantaged returns for many years, it has recently garnered increased attention from investors in the face of potential rising income taxes. With careful planning, individuals can implement strategies such as Roth Conversions, Backdoor and Mega Backdoor Contributions, Strategic Asset Location, and purchasing private stock at low valuations to implement Roth IRA accounts into their financial plans. When considering a Roth conversion, it is important to assess both current and future income tax rates, the potential to take advantage of temporarily low asset values, and the capacity to cover conversion taxes using non-IRA assets. To learn more about incorporating Roth IRA accounts into your financial plans, we encourage you to read our latest insight, Planning with Roth IRAs, by clicking below.