January is Financial Wellness Month, and the perfect moment to reflect on your financial goals and plan with purpose. In our latest article, we share practical insights on everything from how to set achievable financial goals to planning for a secure retirement.
Latest Insights Article
9 Common Mistakes to Avoid in Retirement
Retirement is supposed to be enjoyable. But every day people make mistakes that derail their plans to live comfortably in retirement. Read about the most common pitfalls you can avoid.
Why the Federal Reserve May Cut Rates, and What it Means for Your Portfolio
The Federal Reserve Open Market Committee has met and decided not to change interest rates. They are, however, considering a future rate cut. Here is why this is a curious move.
Don’t Let Your Family Fall Apart After You’re Gone
We invest time in our families trying to ensure that our heirs live healthy, prosperous, and loving lives, long after we’re gone. But death can bring out the worst in people. Here’s how to ensure your money and legacy do not leave your family in turmoil.
The Hidden Cost of Your 401(k)
401(k) balances are near all-time highs, leaving retirement savers feeling pretty good about themselves and their futures. Eventually though, we all have to take distributions from those accounts, and that includes paying taxes. To lessen the tax bite, financial pros recommend a few key tips.
Does Work Ethic Fade with Inheritance?
Will you leave your assets to your heirs? Do you worry if an inheritance will impact them negatively? This article discusses how to determine how much to leave loved ones, and if that money should come with strings attached.
Use Discipline to Become a Middle-Class Millionaire
There aren’t many shortcuts to becoming wealthy. Regardless of its source, saving and investing properly are still the keys to its longevity. Learn some strategies that create middle-class millionaires.
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.