The Rule of 72 is a simple way to estimate how long it will take for your investment to double. Just divide 72 by your annual return rate. Fact! It’s simple math—but the lesson is big: the sooner you start, the more time compounding has to work for you. For example, with a 6% return, your money doubles… Read more

Financial literacy is a lifelong skill that benefits people of all ages, not just adults. Fact! Kids and teens make financial decisions too. From saving allowance money to understanding the cost of wants vs. needs, early financial habits shape future money management skills. Young adults face major financial choices. College loans, credit cards, and first… Read more

Fact or Myth? Spreading your investments across different accounts or advisors means you’re automatically diversified. Myth! Simply using different platforms or advisors doesn’t guarantee diversification. Each account or advisor is likely managing a separate portfolio and may be unaware of the others. This can result in overexposure to certain investments, like holding too many stocks… Read more

 The Investopedia Team Feb. 26, 2025 The best option for a windfall of cash might be to invest it if a realistic rate of return significantly outpaces the interest being paid on the mortgage. However, there are other factors to consider. The pros and cons of paying off a mortgage early depend on the borrower’s… Read more

Mechanicsburg, PA (February 14, 2025) – LeTort Trust is excited to announce that Jennifer Sensky has joined our Operations Team as Client Concierge. Jenn plays a pivotal role in creating a welcoming environment for our clients, partners, and team members. She manages front office operations and is the point of contact for clients needing assistance…. Read more

Mechanicsburg, Pennsylvania (November 05, 2024) – LeTort Trust, an independent trust company providing Qualified Retirement Plan Management and Family Wealth Management services, is excited to announce the promotion of Patricia Lauchle to Chief Financial Officer (CFO), effective November 1, 2024. Patricia joined LeTort Trust in 2019 as Personal Trust and Tax Officer, immediately making significant contributions… Read more

IR-2024-285, Nov. 1, 2024 WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024. The IRS today also issued technical guidance regarding all cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year… Read more

Harrisburg, PA April 10, 2024- LeTort Trust Foundation, formerly known as the Atgooth Foundation, proudly donated $25,000 to support phase two of the Bethesda Mission Community Center expansion project. Having supported phase one of the expansion with an initial donation of $25,000 in 2016, we were thrilled to witness the profound impact it had on… Read more

WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2024 has increased to $23,000, up from $22,500 for 2023.The IRS today also issued technical guidance regarding all of the cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2024… Read more

Mechanicsburg, PA, (March 6, 2024)- This was a move intended to better align the business success with its charitable giving, LeTort Trust proudly announces the official name change of its charitable foundation from Atgooth Foundation to the LeTort Trust Foundation. The Atgooth Foundation was originally founded in 2011 as the charitable arm of LeTort Trust…. Read more