It’s hard, and often counterproductive to comment about breaking news while it’s still moving through the proverbial grinder … which is why we usually don’t do so. However, we feel it’s worth commenting on the current, growing number of regional bank runs. Before taking a look at the details, we’ll lead with two larger assurances: […]
Who doesn’t enjoy tying up year-end loose ends? The original SECURE Act was signed into law on December 20th, 2019. Its “sequel,” the SECURE 2.0 Act, was similarly enacted at year-end on December 29th, 2022. Both pieces of legislation seek to reform how Americans prepare for retirement while juggling current spending needs. How, when, or […]
Are you familiar with the butterfly effect, or how small actions can have big, often unexpected ripple effects? The classic example (and its name source) is a butterfly flapping its wings in one locale altering the air pressure just enough to generate a tornado halfway around the world. Next question: Have you ever heard of […]
Ever heard of the 80/20 rule? It suggests 80% of an outcome is often the result of just 20% of the effort you put into it. This doesn’t always work. Sometimes, it’s worth going the extra mile. But often, by prioritizing the 20% of your efforts that makes the biggest splash, you can reduce excess […]
As a homeowner, you know your homeowners insurance policy covers any losses you suffer in the event of a disaster or other emergency. But do you know how much coverage you really need to carry in order to receive full compensation in the event of a disaster? And do you know what happens when you […]
Tax planning at every year-end is essential, but proper strategic action at the close of this year could be pivotal in order to make the most of current tax laws that would best set you up for the future. In case you missed it, watch as our in-house experts at Sax Wealth Advisors and Sax LLP address […]
The long-awaited SECURE Act 2.0 has passed through Congress and now awaits President Biden’s signature. This is a large and impactful piece of legislation that will include 92 retirement-related provisions that expand the initial SECURE Act that passed in 2019. Thankfully, few of these provisions will call for urgent, last-minute, year-end planning; and many are […]
As a homeowner, you know your homeowners insurance policy covers any losses you suffer in the event of a disaster or other emergency. But do you know how much coverage you really need to carry in order to receive full compensation in the event of a disaster? And do you know what happens when you […]
Ever since President Franklin D. Roosevelt signed off on the 1935 Social Security Act, most Americans have ended up pondering this critical question as they approach retirement: “When should I (or we) start taking my (or our) Social Security?” And yet, the “right” answer to this common query remains as elusive as ever. It depends […]
