October 3, 2017. By Lori Patterson: When people hear these words, anxiety can set in quickly. Unless you are employed in an industry where you work directly with these types of plans and have developed an understanding of them, it’s likely that you too have reservations about choosing one of these plans. The first step to understanding and choosing the right plan for you begins with understanding the plans and the differences between … [Read more...]
Guest Blog: Should You Establish a Florida Domicile?
September 28, 2017. Courtesy of Patricia E. Malley, Esq., Greif & Litwak, P.C. As summer winds down and winter draws near, many New England residents will soon travel to Florida to escape the unpredictable New England winter climate. Warm weather is not the only benefit to residing in Florida. The State of Florida offers tax benefits as well. First, Florida has no state income tax. Thus, Social Security benefits and income from … [Read more...]
How to Handle your 401(k) When Changing Jobs
June 15, 2017. By Lori Patterson: There are many emotions that accompany a job change. Excitement and anxiety tend to top the list as you mentally prepare for a new addition to your resume. When in the midst of a career move, you may be busy buttoning up old projects, studying a new industry, or simply trying to enjoy any time off you may have during the transition. An important item to add to the ‘to-do’ list, however, is what to do with your … [Read more...]
When and Why Do I Need a CDFA?
March 16, 2017. By Ashley Agnew: The process of divorce can be described as emotional, exhausting, and even tumultuous. Couples who are fortunate to sustain an amicable experience throughout the entire process are a rarity. By the time the day comes to sign an agreement, many find themselves in a rush to sign anything just to close this chapter of their life and move on past the stress it can cause. Decisions made during these final days, … [Read more...]
Client Notice: Tax Document Distribution
March 9, 2017. By Courtney Faria: As we find ourselves yet again in the full-swing of tax season, we would like to post a friendly reminder regarding the distribution of your tax documents. Rest assured that we will deliver any applicable forms in a swift and efficient manner once they have all been gathered and checked for amendments. Here is a general timeline of when you can expect your documents: 1099, 1099-R, and 5498 forms for … [Read more...]
Buying a Second Home: Key Considerations
January 11, 2016. By Jennifer Wolfsberg: Winter is upon us in the northeast, and it is all-the-more attractive to move to a warmer climate during retirement for mental and physical well-being. One of the difficult considerations we see with clients when they make the decision to migrate and acquire a second home, however, is whether they should buy or rent. More questions arise when deciding whether to move forward with a single family home, … [Read more...]
Year-End Tax-Planning Reminders 2016
December 15, 2016. By Olga Okaty: One of the most prominent topics President-elect Donald Trump discussed on the campaign trail was his plan to cut taxes. Several Republican Congressmen have presented similar tax proposals over the last few years, and with Mr. Trump now in the White House and Republicans controlling both houses of Congress, tax law changes in 2017 seem quite likely. While details of the various tax proposals from the … [Read more...]
Questions to Ask When Choosing a CPA
December 9, 2016. By John Wolfsberg: Choosing a financial professional is an important process that requires careful thought and due diligence. One of the most important financial professionals in our clients’ lives is the Certified Public Accountant (CPA). As the tax and regulatory environment continues to change and become more complex, choosing the right CPA becomes essential. The task may even become daunting when you consider that in … [Read more...]
Bond Market Note: November 15, 2016
November 15, 2016. By John Wolfsberg: The bond market has witnessed a significant back up in yields as a result of the surprising win by Donald Trump in last week’s Presidential election. Going into Tuesday, the market had been positioned for a Clinton win, but as results came in traders scrambled to unwind trades and reposition portfolios (similar to the BREXIT vote result in June) in preparation for a very different policy agenda. At … [Read more...]
Murphy’s Divorce Law- Plan for the Worst Since Nothing Goes as Planned
September 28, 2016. By Matt Okaty: Most people know at least one person that has gone through a divorce and so have probably heard that few things go as planned. We hear this often in speaking with clients and trusted business professionals. Regardless of all the rules and guidelines in place, something always seems to go wrong causing delays, stress, and additional attorneys’ fees. Despite the aggravation that is paired with missteps, the … [Read more...]