Has 2020 left you feeling like the fabled Sisyphus, forever pushing a boulder up a steep hill? Thankfully, with multiple COVID-19 vaccines in the works, there’s hope the load will lighten in the new year, fast approaching. While we prepare for a fresh start, here are six financial best practices for year-end 2020 and beyond, […]
With the U.S. presidential election called, and promising news of a COVID-19 vaccine announced, a U.S. market surge reminds us how keen investors are for a sense of closure. Looking back, as results from the 2016 election cycle were coming in on the night of November 8, stock market futures seemed to point to a […]
Participant – Power of 1 Percent Auto Escalation (005)
Nearly 70 million Americans receive Social Security benefits, and for many, it is a significant portion of their retirement income. This vital program is dynamic, and in early October 2020 the Social Security Administration (SSA) announced important changes effective January 1, 2021. Here is a look at what is new and different for our nation’s […]
President-elect Joe Biden has proposed a series of sweeping changes to the tax code, including increasing taxes on households with more than $400,000 in income, as well as raising corporate and estate taxes. Here’s a look at some of the major tax changes Biden has supported from an individual, corporate and estate perspective: Individual taxes: […]
Due to the Thanksgiving Holiday, SAX Wealth Advisors will be closed as of 3:00 PM on Wednesday, November 25 and will resume normal business hours on Monday, November 30. We would like to take this opportunity to wish you and your loved ones good health and happiness this holiday. We thank you for your continued […]
In case you missed it, you’re invited to watch the webinar hosted by SAX Wealth Advisors on “An Asset Allocation Strategy for Long-Term Care Planning” with featured guest speaker, Brian M. Johnson, Director at Advisors Insurance Brokers (AIB) – one of the largest Brokerage Agencies in the U.S. specializing in Long-Term Care. Did you know […]
Did you know that 70% of people over the age of 65 will require some type of long-term care services during their lifetime? November is Long-Term Care (LTC) Awareness month, and it is important to have a good understanding to what goes into LTC – such as the types of care, when care is required, […]
One of the most important retirement planning decisions relates to Medicare and many questions arise, such as: when do I need to sign up and what will it cost me?; what are the different “Parts”?; and, what plan is right for me? Depending on where you live, there could be over 100 different combinations of […]
