Serving Newtown
Wealth management for Newtown, planned around Pennsylvania's rules
Newtown is about fifty minutes from the office, over the Burlington-Bristol Bridge and up Route 413. A few miles from the river, it is a place where a household can earn its pay in New Jersey and owe its income tax to Pennsylvania.
In short
MTP Private Wealth at Farther advises Newtown families, executives, and retirees on financial planning, investments, tax strategy, and estate coordination from an office about fifty minutes away in Marlton, New Jersey. Pennsylvania's inheritance tax, its treatment of retirement income, and paychecks earned in New Jersey are the parts of that work that change on this side of the river.
Who we meet from Newtown
The people who tend to call us from here
Not a boundary, and not a checklist. If one of these sounds like you, the first conversation is the place to find out whether we are the right firm.
- Executives and professionals who live in Newtown and work across the river in Mercer County or along the Route 1 corridor toward Princeton.
- Physicians and clinicians at St. Mary Medical Center in Langhorne and at the hospitals across the river in Mercer County.
- Owners of Bucks County businesses, from family companies to professional practices, planning a sale or a handoff to the next generation.
- Couples whose children came up through Council Rock schools and who are now deciding what to do with the house, the savings, and the estate plan.
Working with Newtown
What Newtown tends to bring us
Retirement is where Pennsylvania's rules pull furthest from New Jersey's. Pennsylvania does not tax Social Security, IRA withdrawals taken at 59½ or later, or payments from an employer plan once you have retired under its terms. That changes the arithmetic on Roth conversions and on which accounts to draw from first, so a plan built on New Jersey's rules can get both decisions wrong here.
The inheritance tax is the other Pennsylvania rule that shapes a plan. Nothing is due on what passes to a spouse, but children and grandchildren pay 4.5 percent, brothers and sisters 12 percent, and most other heirs 15 percent; gifts to charity are exempt. Paying within three months of a death earns a 5 percent discount, which helps only if the estate has the cash. We work through those numbers with your estate attorney and accountant, so the documents, the beneficiary forms, and the investments all point the same way.
Getting to us
- From Newtown
- About fifty minutes to the office at 270 North Elmwood Road, Suite H-160, Marlton, NJ 08053.
- How we meet
- A first conversation is half an hour by phone or video. The Marlton office is there whenever you would rather meet in person.
- ZIP code
- 18940
- Call
- 856-988-6664
Nearby
Two practices, one firm
What we do for Newtown
For individuals and families
Private Wealth
Financial planning, portfolio management, tax strategy, and estate coordination for families whose finances have outgrown a simple answer. Coordinated with your accountant and attorney rather than around them.
For employers and nonprofits
Retirement Plans
Fiduciary support, fee benchmarking, and investment oversight for 401(k), cash balance, SIMPLE, SEP, and 403(b) plans, on whichever platform serves the plan. For nonprofits, the organization’s own reserves and endowment as well.
Common questions
Questions we hear from Newtown
Pennsylvania, in most cases. The two states have a reciprocal agreement on wages, so you give your New Jersey employer Form NJ-165 and only Pennsylvania tax comes out of your pay. The agreement does not cover business profits, rental income, or investment income, which follow their own rules, and we plan those with your accountant.
Yes. Our advisory services run through Farther Finance Advisors, LLC, which is registered with the SEC rather than with a single state, so a Pennsylvania address changes nothing about the advice or the accounts. It changes the tax planning, and we build that around Pennsylvania's rules.
Your retirement income would start answering to New Jersey's rules. New Jersey taxes pensions and IRA withdrawals, though residents 62 and older with total income under the state's limit can exclude some or all of them, and it does not tax Social Security. Its inheritance tax spares a spouse, children, and grandchildren, where Pennsylvania's charges children and grandchildren 4.5 percent. We compare both states with you before the address changes.
Next step
Start the conversation from Newtown
The first conversation is half an hour and costs nothing. If your situation is not a fit for this firm, we will tell you and suggest where to look.