What a year it’s been. Remember December 2018? As The New York Times reported at the time, “Stocks plunged in December [2018], posting their worst monthly loss since the financial crisis and the worst December since 1931 and the Great Depression.” It’s amazing how quickly memories fade and markets move on. Around this time last […]
On December 20, 2019, President Trump signed into law the Setting Every Community Up for Retirement (SECURE) Act that will bring many important changes to the current retirement system. In addition, a second bill, the Taxpayer Certainty and Disaster Relief Act of 2019, has significant implications for certain retirement savers. Here is a summary […]
Due to the upcoming holidays, Sax Wealth Advisors will close at 3:00 PM on Tuesday, December 24 (Christmas Eve) and Tuesday, December 31 (New Year’s Eve). Our offices will be closed on Wednesday, December 25 (Christmas Day) and Wednesday, January 1, 2020 (New Year’s Day). We would like to take this opportunity to wish you […]
Due to the Thanksgiving Holiday, SAX Wealth Advisors will be closed as of 3:00 PM on Wednesday, November 27 and will resume normal business hours on Monday, December 2. We would like to take this opportunity to thank you for your continued business. We are sincerely grateful for your ongoing confidence in us as your […]
Sax Wealth Advisors invite you to listen to the Friends Talk Money podcast. Season one features hosts, Terry Savage, Rich Eisenberg from PBS, and Pam Krueger from MoneyTrack on PBS. Friends Talk Money is a conversational 20-minute weekly podcast aimed at people who are about to retire or already in retirement. On each episode listeners […]
Beginning in December 2016, the U.S. Federal Reserve (the Fed) had been gradually ratcheting up the federal funds rate, until it reached its December 2018 level of 2.25–2.50%. Effective August 1, 2019, that changed: The Fed lowered the federal funds rate by a quarter point, to 2.20–2.25%. Even though the announcement was not a huge […]
The New York Times Article, “Investors Are Usually Wrong. I’m One of Them” does a great job supporting Sax Wealth Advisors’ philosophy about not trying to outsmart the markets. Give it a read here: https://www.saxwa.com/app/uploads/Investors-Are-Usually-Wrong.pdf
MONDAY, JULY 15, 2019 — CLIFTON, NJ: Sax Wealth Advisors, a registered investment advisory firm and financial planning subsidiary of accounting, tax and advisory firm, SAX, is pleased to announce its inclusion on the 2019 edition of the Financial Times 300 Top Registered Investment Advisers (RIA). This list recognizes the top 300 independent RIA firms […]
Due to the upcoming Fourth of July holiday, Sax Wealth Advisors will be closed on Thursday, July 4 and Friday, July 5. We will resume normal business hours on Monday, July 8. We would like to take this opportunity to wish you and your families a great summer. We are sincerely grateful for your ongoing […]
