Choosing a Philanthropic Path: Private Foundations vs Donor Advised Funds
National Philanthropy Day (NPD) is November 15, 2023. This special day was first officially recognized in 1986 by President Reagan as a time to celebrate the critically important work done every day by philanthropic organizations and individuals in our community and...
Quarterly Economic Review 3rd Quarter 2023
Lifted For Longer: Higher Rates Shake Stocks, Buoy Bonds The Federal Reserve’s aggressive campaign to tame inflation took a step back in August as top-line prices ticked up 0.6% for the month and 3.7% for the year compared to the same periods in 2022. One of the main...
Being strategic: the triple-tax benefits of a Health Savings Account
A Health Savings Account (HSA) is a triple tax-advantaged savings account designed to help individuals and families with a High-Deductible Health Plan (HDHP) set aside funds for qualified medical expenses. Unlike Flexible Spending Accounts (FSAs), which often require...
Why cash (or check or credit card) is Not king
We at BLBB Advisors are strong proponents of giving back to the community through time, talent, and treasure. In addition, our private foundation, BLBB Charitable, the giving arm of our firm, offers our employees an opportunity to participate in our employee matching...
Quarterly Economic Review 2nd Quarter 2023
Soft Landing? Hard Landing? Or No Landing? The recent June release of May’s Consumer Price Index (CPI) data showed further cooling in U.S. top-line inflation (4.0%), while, at the same time, core CPI (less food and energy prices) remains persistently high at 5.3%....
BLB&B Advisors, LLC named as 2023 honoree of The Civic 50 Greater Philadelphia
BLB&B Advisors, LLC has been named a 2023 honoree of The Civic 50 Greater Philadelphia by Philadelphia Foundation, in partnership with Points of Light and local partners. Modeled after Points of Light’s national program, The Civic 50 Greater Philadelphia provides...
Preparing to Age in the RIGHT Space
By 2030, America’s population of aging Baby Boomers will surpass 70 million – 61 million of them will comprise the ‘younger old’ (aged 66 to 84) while the other 9 million will make up the ‘oldest old’ (aged 85+).1 One of the important decisions facing all 70 million...
Financially Subsidizing Your Adult Children
Risks, rewards and potential pitfalls For many members of the Millennial and Gen Z generations, massive student loan debt burdens in conjunction with difficult economic conditions, including persistently high inflation, increased borrowing costs, and soaring rents,...
Quarterly Economic Review 1st Quarter 2023
Higher for Longer As U.S. and global financial markets contend with upcoming economic data and what it reveals about the state of the markets, we expect to see continued volatility. A number of geopolitical issues may further inject financial uncertainty. Still, we...
Maximize Your Charitable Giving Tax Benefits
It’s a new year and a new opportunity to make an impact on your community. With recent 2023 IRS updates, it’s a good time to understand and maximize any tax benefits that could come with your charitable contributions this year. As part of the Inflation Reduction Act,...