Reading Time: 4 minutes The last thing anyone wants to hear is that they owe taxes on an annuity they inherited. Take heart, it may not be as bad as you think. In this blog we’ll talk about how the taxes and distribution rules for an inherited annuity work, and what to do if you are faced by this […]
Do I have to pay taxes on an inherited annuity? Read More »
Reading Time: 3 minutes It’s tough out there. You worked and slaved away and reached success – and now you’re ready to cash it all in and call it a day. But it’s not time to exhale yet – there is a myriad of factors to take into account when retiring as an internet entrepreneur. We’ll talk about it
A guide to retiring from your internet business Read More »
Reading Time: < 1 minute In this month’s newsletter, we’re answering the most common questions we get about gifting. Before we get started though, remember that we are financial advisors (not your CPA). If you have specific questions about your personal situation, please reach out to your tax advisor. How much can I gift without tax implications? What is the
How much can I gift without tax implications? Read More »
Reading Time: 2 minutes Here are the most common questions we get from clients about taking distributions from their Regular IRAs, as well as their inherited IRA accounts.
Answering the most common questions on IRA distributions Read More »
Reading Time: 4 minutes Here is a straightforward explanation of the New Jersey inheritance tax – what it is, how to manage it, etc.
A clear, simple explanation of the New Jersey inheritance tax Read More »
Reading Time: 5 minutes Anyone who has lived or worked in New York City knows that there are more affordable places to live. But does it make sense, if and when you decided to settle down and buy real estate, to buy a home in the New Jersey suburbs? It’s not as simple a decision as you may think.
Should I buy a house in New Jersey suburbs or New York City? Read More »
Reading Time: 2 minutes With changes in many of the major economic variables, we thought it would be a good idea to address the changing backdrop in our newsletter this month. #1 One of the key dynamics in play is the labor market. Unemployment hit 3.5% in July, which is just about as low as it historically goes. The
Fall 2023 economic update Read More »
Reading Time: 2 minutes Most people operate with the goal of saving as much as they possibly can. If you want to figure out if you are saving enough, you can always sit down and model it out. But in case you haven’t done so, here are some quick tips to get you started thinking about it. How much
Am I saving enough? Read More »
Reading Time: 5 minutes Pfizer is headquartered in Manhattan, New York, but it is home to many tri-state area employees. For these folks we’ve written a blog to decipher the ins and outs of the Pfizer 401k plan. You’ll learn what the major benefits are, how to get started, invest, and much more. We are financial advisors in Morristown, NJ,
What you need to know about the Pfizer 401k plan Read More »
Reading Time: < 1 minute Recent inflation data shows hope. As always, please reach out with any questions. Sources Bureau of Labor Statistics. (13 June, 2023). Consumer Price Index Summary. https://www.bls.gov/news.release/cpi.nr0.htm Cox, Jeff. (13 June, 2023). CNBC. Inflation rose at a 4% annual rate in May, the lowest in 2 years. https://www.cnbc.com/2023/06/12/stock-market-today-live-updates.html Sorkin, Ross et al. (23 May, 2023). New York Times. https://www.nytimes.com/2023/05/23/business/ai-picture-stock-market.html
