A child buying their first car. A grandchild just starting out. A sibling needing help. When someone you care about asks you to co-sign a loan, it’s natural to want to say yes. But before you sign on the dotted line, it’s worth pausing to understand exactly what you’re committing to—and how to protect yourself in the process.
Latest Insights Article
How Your Charitable Giving Priorities Can Impact Future Generations
Living a good life involves many things, including having a satisfying career, strong family ties, good friends, and hobbies you enjoy. Leaving a legacy may be part of what you desire; and charitable giving is a way for us to show future generations the importance of improving the world around us. Learn the importance of having a charitable giving strategy you can communicate to heirs.
How Are IRA Distributions Taxed in New Jersey?
How Required Minimum Distributions are taxed can be confusing. Learn more here.
Your Financial Values are an Important Part of Your Legacy
You may plan to pass along some of your wealth to your heirs. But what about your values? Do they understand and share what’s important to you? Do they understand how to handle the opportunities and responsibilities that come along with some level of wealth? Learn how to convey your financial values to the next generation.
Have a Financial Plan B in Place in Case the Unthinkable Happens
If something were to happen to you and someone else had to manage your affairs, would they know what to do and where to find everything? Learn how to protect yourself and your assets.
Tax Bill Update (The SECURE Act)
The SECURE Act can potentially make significant changes to retirement and 529 Plan accounts. Read about some of the major components here.
How the Auto and Liability Insurances You Select Can Impact Your Financial Plan
Auto insurance and liability coverage are not as boilerplate as you might think. Both come with a variety of options that you need to be aware of. Not having the right coverage can impact your financial independence should an accident occur.
Will I Get My Homestead Rebate After Moving?
This article originally appeared on NJMoneyHelp.com. Learn how you can obtain your homestead rebate after you’ve moved.
Property and Casualty Insurance: An often-overlooked part of one’s financial plan
P&C Insurance is a very important aspect of a comprehensive financial plan, and often overlooked. Not having it – or enough of it – can impact your financial future should an accident occur. Learn what you should look for inside your Homeowners Insurance.
Unusual Medical Tax Deductions You May Not Know About
Tax laws have changed, and in some cases popular deductions have been reduced and even eliminated. However, there are some unusual medical deductions you might not have considered.
How to Assess if the New Tax Law Helped You
So many Americans are still trying to figure out if the new tax law helped or hurt them. One’s instinct is to judge it based on whether you paid more taxes this year or last year. However, this may not be an accurate way to assess the result. Find out why.
Does the Change for 401(k) Loans Affect Me?
On February 22, we answered a NJMoneyHelp question regarding how 401(k) loan rules have changed. This resulted in a follow-up question, which we are answering here.
REMINDER: There’s Still Time to Contribute to an IRA for 2018
It’s not too late to contribute to an IRA for 2018. Here’s what you need to know.