Howard Hook was featured in NJMoneyHelp discussing when it may make sense to convert a Traditional IRA to a Roth IRA.
Howard Hook, CFP®, CPA, CAP®
Does an Adjustable Rate Mortgage Make Sense for Me?
With mortgage rates still top of mind for many buyers, Howard Hook discussed when an adjustable-rate mortgage may (or may not) make financial sense.
Can Married Couples Qualify for the NJ Pension Exclusion if Only One Spouse Is Older?
Retirement tax planning can be more nuanced than people realize. Howard Hook was featured in NJMoneyHelp explaining how the rules work.
How Can You Save Money on Taxes?
Are tax deductions really saving you money? Howard Hook was recently featured in NJMoneyHelp discussing business deductions, withholding strategies, depreciation rules, and common misconceptions about lowering taxes.
Using QCDs to Reduce Taxes and Support Charities in Retirement
What if you could lower your retirement tax bill and make a lasting difference at the same time? For retirees over age 70½, that’s exactly what a Qualified Charitable Distribution (QCD) offers. By directing required withdrawals from your IRA straight to charity, you can reduce taxable income and put your money to work for the causes you care about most.
Beyond the Beach: 5 Overlooked Steps Retirees Should Take Now
Retirement can be a wonderful chapter, but ensuring your financial house is not just in order but thriving is crucial. Many retirees focus on investment management but often miss key areas that can significantly impact their long-term security and legacy. Here are five often-overlooked yet vital steps that you should consider taking.
IRS Delays RMD Clarity for Inherited Retirement Accounts (Again)
Retirement plans usually require that minimum distributions be taken each year after a certain age. This includes Inherited IRAs, but these laws keep changing. Now, the IRS has again delayed a decision around this timeline. Here’s what you need to know if you are the beneficiary of an Inherited IRA.
Understanding Taxes From a Roth IRA Conversion
Howard Hook was featured in NJMoneyHelp explaining why Roth IRA conversions can create tax confusion, including how taxable income and withholding may factor into the decision.
Five Things You Need to Do as You Approach Retirement
As you near milestone dates, you may find yourself thinking about retirement. In addition to thinking about it, you should take some action. Here are five things you need to do as you approach retirement.
When Do I Have to Take My First IRA Distribution?
It can be confusing to figure out when to begin taking Required Minimum Distributions. Here are some rules to be aware of.
Did You Make a Qualified Charitable Distribution in 2022?
Did you make a Qualified Charitable Distribution in 2022? Keep reading, because how you report it matters.
Buying Individual Stocks is a Dangerous Game
Buying stocks is tempting when the stock market goes up, but it can be a dangerous way to invest. See how stock picking compares to strategic investing.