Proactive Income Tax Planning
Like most election cycles, there has been a lot of talk about the direction of income taxes. While the results of the Senate race will not be known until January, we know that neither party…
Division of Assets – Collections and Estate Planning
Whether you collect first-edition books or sports memorabilia, you’ve likely put significant time, effort, and money into the items you’ve accumulated over time. Regardless of what they’re worth, it’s not unusual for you to want…
Understanding New Jersey Millionaire’s Tax
The long-rumored Millionaire’s Tax in New Jersey is now law. After many tries the tax was approved effective January 1, 2020 via a vote in New Jersey’s legislature in late September. It’s estimated that the…
Medicare’s Annual Election Period
The arrival of autumn brings about the changing leaves, pumpkins and cooler weather. It also brings about Medicare’s Annual Election Period (AEP). AEP, which happens between October 15 and December 7, provides the opportunity for…
Required Minimum Distributions (RMD) Holiday in 2020
The Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 eliminated the need for retirement account holders to take Required Minimum Distributions (RMDs) for this year. This RMD holiday for 2020 is very unique…
Understanding the Stimulus Package
The Senate and House of Representatives approved a $2 trillion stimulus package named the Coronavirus Aid, Relief, and Economic Security (CARES) Act in response to the COVID-19 crisis – the largest emergency package of its…
SECURE Act – A Major Piece of Retirement Law Change
Today, Congress passed the SECURE Act (Setting Every Community Up for Retirement Enhancement) which has been in the works for a number of years and is the first major piece of retirement law change in…
Retirement Planning Doesn’t End at Retirement
Congratulations, you’ve officially retired. In anticipation of this monumental event, you’ve worked hard throughout your career to make smart retirement planning decisions and build a nest egg that will provide financial independence for the rest…
ESG Investing is What You Need in a Tight Labor Market
Can a commitment to strong environmental, social, and governance (ESG) practices help attract and retain talented employees? ESG investing matters more than you might think. Consider Donna and Sam Franklin, who were young medical researchers when…
Retirement Identity – Do You Know Yours?
Imagine yourself at a cocktail party. A new acquaintance asks you what you do for a living. And the answer is, “Nothing.” You’ve recently retired and carefree days—along with a growing sense of idleness—have replaced…