Has the specter of inflation got you spooked? Recent headlines are filled with sightings. In this two-part series, let’s take a closer look at what to make of all the commentary, and what you can do about it as an investor. First and foremost, we caution against succumbing to fear or panic in the face […]
The tax world may likely change very soon and in a dramatic way as substantial structural changes are in the works. The recently proposed “For the 99.5% Act” would bring sweeping changes to the taxation of estates and inherited gains, while the “Sensible Taxation and Equity Promotion” (STEP) Act would eliminate the step-up in basis […]
The decision to pay off a mortgage or invest in the market is far from black and white. For those who are close to retirement and already have plenty of other liquid financial assets, paying off a mortgage could be a wise use of cash. Such homeowners aren’t likely to be saving a lot because […]
Estate planning is the greatest gift you can bequeath to your loved ones, to reduce their painful stress load during an already stressful time. If you’ve been putting off your estate planning, taking the initial steps can be daunting—but liberating. So, let’s get started today, one hurdle at a time. Hurdle #1: Deciding Who Gets […]
On March 28, 2019, Governor Murphy signed legislation passing the New Jersey Small Business Retirement Marketplace Act. This Act requires employers that do not offer employees a 401(k) or other qualified retirement plan option to automatically enroll their employees in the New Jersey Secure Choice Savings Program (“Secure Choice Savings Program” or “the Program”). The […]
If you are eligible to participate in a 401(k) plan, in addition to the ability to contribute Pre-tax, the plan may also offer Roth (after-tax) contributions. Traditionally, contributions are made on a pre-tax basis, essentially reducing your taxable income for the year. When you elect the Roth option, the funds withheld from your pay are […]
Getting focused on your financial well-being is like starting a diet, it always begins next Monday. Addressing debt, budgets and the best way forward for your unique financial situation may seem daunting, but getting your finances organized doesn’t have to be as hard as cutting carbs. Below are a few tips and tricks to keep […]
It’s hard to scan the financial headlines these days and not spot at least one call to action related to Bitcoin’s latest moves. Has all the attention given you cryptocurrency fever, or are you at least wondering what it’s all about? Before you start loading up on bitcoin or any other form of cryptocurrency, let’s […]
“The American marketplace is an economic jungle. As in all jungles, you easily can be destroyed if you don’t know the rules of survival. … But you also can come through in fine shape and you can even flourish in the jungle—if you learn the rules, adapt them for your own use, and heed them.” […]
