Common Questions About 1099s

The IRS is officially accepting 2016 tax returns and our clients are anxious to settle up with good ol’ Uncle Sam. For the past few years, important tax documents regarding taxable withdrawals and realized gain and loss information have been mailed directly to investors from the account custodian (Charles Schwab, Fidelity, TD Ameritrade, U.S. Bancorp, etc.). This year[...] Continue reading

A Successful Family Meeting… With Your Financial Advisor

A study by T. Rowe Price shows that only 44 percent of parents discuss money with their kids. The reluctance to discuss teachable financial moments early on creates a significant disservice to adults later in life, when they are making their own critical financial decisions. Getting the conversation started and including your children in meetings with your financial[...] Continue reading

Tip of the Month: Tax Season & Roth IRA Contributions

Every year we have clients that make Roth IRA contributions. Sometimes a client discovers that they were ineligible to make a contribution (this discovery usually happens when they file their tax return) due to an increase in income for that tax year. The contribution and calculated earnings must then be withdrawn before the tax filing deadline in order to avoid a 6%[...] Continue reading

Helping you to achieve financial success is our passion.

Retirement can and should be wonderful, especially if you have confidence that your future is financially secure. That’s where the investment advice from Fort Pitt Capital Group can help. Our personal life solutions and heartfelt interest in helping you to achieve financial success is our passion. The net result for our clients is peace of mind. Fort Pitt Capital Group,[...] Continue reading

Let’s Talk Money: Conversations Between Millennial Children & Boomer Parents

Written by: William Engel, CFP®| Financial Advisor The holidays mean family traditions, making memories and spending time with loved ones. But the holidays can also provide an opportunity for families to discuss future financial plans for parents in or approaching retirement. A recent study by Fidelity reveals a gap in alignment of parent/child financial expectations.[...] Continue reading