posts by Mark - 10/80 - Beacon Hill Investment Advisory, LLC

Client Spotlight

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Congratulations to the Marihugh family!  Hawkins and Jute, sons of John and Kirsten Marihugh, had the honor of showing their Market Rabbits and Market Roasters (chickens) at the Franklin County Fair in July, winning numerous awards for both! The most prestigious awards being for Outstanding Market Exhibitor. Hawkins won the JD Equipment, “Outstanding Market Exhibitor …

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HSAs: Users not saving enough to get investment benefits

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Holders of health savings accounts are not just under utilizing HSAs by not saving enough in them, they’re also not capitalizing on what could be their greatest feature: investing. So says a report from the Employee Benefit Research Institute, which reviews the trends in HSA usage from 2011–2016. Its database of 5.5 million accounts, with …

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Despite possible fiduciary delay, important compliance requirements remain

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The Labor Department will more than likely propose fundamental changes to the fiduciary rule and its prohibited transaction exemptions, resulting in a delay of full implementation of the controversial regulation for at least one year, and perhaps longer, according to attorneys with Drinker Biddle & Reath. Proposed revisions to the rule will be subject to …

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Economic milestones of young adults today compared with prior generations

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If you’re the parent of a young adult who is still living at home, you might be wondering whether this situation is commonplace. According to a recent U.S. Census Bureau study, it is: One in three young people (ages 18 to 34) lived in their parents’ home in 2015. The Census Bureau study examines how …

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Kickstart Your College Fund with a 529 Plan

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If you’re looking to save money for college, one option to consider is a 529 college savings plan. Created over 20 years ago and named after the section of the tax code that governs them, 529 plans offer a unique combination of features that have made them the 401(k)s of the college savings world. How …

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