The recently passed SECURE Act has made several changes to retirement plans, some of which could result in an increase in the amount of money being left to charities.
Read the article, “The SECURE Act Could be a Boon for Charities,” that Howard Hook wrote for Forbes. He discusses two significant changes:
If you welcomed a child in 2025, a new tax election may allow you to secure a $1,000 federal seed contribution in your child’s name through the newly introduced Trump Account pilot program. While the incentive is appealing, the structure, tax treatment, and long-term implications deserve careful consideration. Here’s what parents need to know before making the election.
Howard Hook recently spoke at Temple Emeth in Teaneck as part of the 2025 Life Hacks lecture series, sharing practical retirement planning strategies and strategic approaches to charitable giving that help families preserve independence while making a meaningful impact.
Losing a spouse is emotionally devastating and financially complicated. When two incomes become one, Social Security benefits may fall, tax brackets shrink, and Medicare costs can rise. This article explores the “widow’s penalty” and outlines proactive planning strategies that can help protect long-term retirement security.