Recent Updates

Financial planning isn’t just about retirement or saving for the future, it can also be about accomplishing your lifestyle goals—like world travel or a buying a second home.

One of the most overlooked estate planning strategies? The 529 plan. On this 529 Day, it’s worth highlighting how these education accounts can play a powerful role in long-term wealth transfer and legacy planning. Yes, they’re designed to help with college costs — and with private education projected to exceed $500,000 in 18 years, that’s no small feat. But for high-net-worth families, 529s offer unique advantages far beyond tuition: • Couples can front-load five years of annual exclusions into a $180,000 gift per grandchild or great-grandchild • Have five beneficiaries? That’s $900,000 out of your taxable estate in one year — without touching your lifetime exemption • Funds grow tax-free and can be used for college and up to $10,000 per year for private K–12 tuition • Leftover funds? Up to $35,000 can now be rolled into a Roth IRA for the beneficiary • Accounts are transferable across family members and can support multiple generations 529 plans offer a rare combination of tax efficiency, flexibility, and control — making them an ideal strategy for families focused on both education and legacy. Are estate taxes a looming concern for your family? Have you already used your lifetime exemption? Is the rising cost of education on your radar? 529 plans are worth a closer look. Read more: https://www.janney.com/wealth-management/education/all-education/detail/education/2024/03/11/tips-for-leveraging-529-college-savings-plans

What’s next for the economy and markets? Join our exclusive virtual presentation where Janney’s Investment Strategy Group shares its views on the economy and markets, inflation, monetary and fiscal policy, and what it all means for your portfolio strategy.

Annuities can be a powerful tool for securing your investments—offering asset protection, tax deferral, guaranteed income, and peace of mind. Read this article to learn more.

Our exclusive virtual event will highlight: How election outcomes influence policy directions and investor sentiment. The budget debate and how it shapes legislative priorities and influences market trends. Expected changes from the expiration of the Tax Cuts and Jobs Act and implications for individuals and businesses, and a look at the U.S.-China relationship and its impact on key industries and investment strategies.

The middle of a period of market fluctuation is rarely the best time to adopt new investing strategies. But here are some actions you should consider.

Join us as Retired FBI Special Agent Jeff Lanza explores the critical topic of cybercrime and AI’s ever-evolving impact. Learn what steps you can take if cybercriminals target you and get essential tips for improving cybersecurity in your daily life. Don’t wait until it’s too late—register today for this important webinar!

Investors who remain committed to their financial goals in the face of short-term turbulence may experience advantages in the end.

Read the latest Investment Perspectives from our Investment Strategy Group, offering insights on key economic themes, fixed income trends, and what’s shaping the markets.

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Towson Partners has a mission to provide our clients and their families financial piece of mind that their most important financial goals will be achieved. We do this by developing and recommending prudent strategies tailored to meet your financial needs. We are committed to providing tailored service to each of our clients. We are committed to maintaining the highest standards of integrity and professionalism in our relationship with you, our client.

Investors who remain committed to their financial goals in the face of short-term turbulence may experience advantages in the end.

Did you know an estimated 65 to 80% of a business owner’s net worth is tied to their business?* If you’re approaching retirement age, you need to protect the wealth you have built. Financial planning and business succession planning can help you understand the nexus of your personal net worth, the value of your business, and the exit strategies that will allow you to enjoy the benefits of years of hard work and sacrifice. Join us to hear Janney thought leaders highlight our collaborative approach in addressing the unique needs of business owners. Register here: https://advisor.janney.com/janneyevents/events/financial-strategies-for-business-owners/ *According to estimates from the Exit Planning Institute

Be sure to check out our 2024 tax resources for updated mailing schedules, tax forms, and other helpful resources as you prepare for upcoming tax deadlines.

When you understand what’s expected for the economy and markets in the coming year, you can better develop a long-term investment strategy. Read our Outlook here.

Whether you are considering a sale in the near term or just beginning to put a plan in place, you should focus on maximizing the value of your company. An investment banker can help. In this webinar, join members of the Janney Investment Banking team, leaders in middle-market advisory and financing solutions, to learn how a collaborative approach, in-depth industry knowledge, and sector expertise can produce positive results tailored to your needs.

What can we expect for the economy and markets in 2025? Join our exclusive virtual presentation where Janney’s Investment Strategy Group shares their views on what you should know about the markets’ potential impact on your portfolio strategy.

The end of the year is a great time to start thinking about your taxes for the upcoming year. Here are things you can do now to get on track for 2025.