Jul 30, 2010

We offer a wide variety of financial services for high-income individuals and their businesses

  • Income Tax Preparation
  • Estate Planning
  • Wealth Preservation
  • Retirement Planning
  • Business Valuations Business Resourcing
  • Real Estate Consulting

News Flash!

As soon as health care passes, the American people will see immediate benefits. The legislation will:

  • Prohibit pre-existing condition exclusions for children in all new plans
  • Provide immediate access to insurance for uninsured Americans who are uninsured because of a pre-existing condition through high-risk pool
  • Prohibit dropping people from coverage when they get sick in all individual plans
  • Lower seniors' prescription drug prices by beginning to close the donut hole
  • Offer tax credits to small businesses to purchase coverage
  • Eliminate lifetime limits and restrictive annual limits on benefits in all plans
  • Require plans to cover an enrollee's dependent children until age 26
  • Require new plans to cover preventive services and immunizations without cost-sharing
  • Ensure consumers have access to an effective internal and external appeals process to appeal new insurance plan decisions
  • Require premium rebates to enrollees from insurers with high administrative expenditure and require public disclosure of the percent of premiums applied to overhead costs
In addition, the bill :
  • Imposes a 40-percent surtax on high-end employer-sponsored health plans
  • Increases the Medicare tax to 2.35 percent for couples with adjusted gross incomes (AGI) over $250,000 a year and individuals with AGI over $200,000
  • Imposes new fees on certain health-related industries
  • Increases the threshold for the deduction of eligible unreimbursed medical expenses from 7.5% to 10% of AGI starting in 2013

Wade Company - A team of professionals offering personalized service.

  • Experienced in recognizing, developing and executing financial and tax strategies for the creation and preservation of family wealth
  • We believe in mastering the task, not the universe
  • We believe an organization should be about character, not characters
  • We believe in backbone
  • We believe every client is unique, and every deal is different
  • We believe that's what makes it interesting

Wade Company Chester County Financial Planning