Financial Planning
Financial Planning News You Can Use- Episode 1 – Filling Your Pockets
Here’s the first episode of “Financial Planning News You Can Use”. It covers several timely financial planning topics that can use to supplement your investments and help you achieve your financial goals.
This week’s edition includes three topics that may help you….
• Keep Money in Your Pocket
• Keep Money Out of Uncle Sam’s Pocket
• Keep Money in Your Family’s Pocket
How to Manage Withdrawals From Your Florida Pre-Paid College Program, Bright Futures Scholarship, and Private 529 Plans
Managing withdrawals from Florida Prepaid, Bright Futures, and 529 plans requires a bit of coordination. Here’s how to make it work.
Read MoreHow You May Qualify for Valuable Tax Credits in 2021
Transcript- CJL (00:00): Stimulus checks are starting to arrive in bank accounts this month, but not for everyone. I have a friend that I’ll call George who had his heart set on buying the latest 4k TV so he could watch the college basketball tournament in style. I was there when his accountant told him…
Read MoreCompany Stock in your 401(k)? Why You May Want to Re-Think That Rollover
The NUA rule allows the employee to treat the distribution of company shares differently than the remainder of the 401(k) investments.
Read MoreFour Investor Missteps to Avoid in 2021
It’s the time of year when 2020 financial statements and investment tax forms hit the mailboxes. These documents can tell stories of great financial success or terrible financial failure. However, once tears of joy or sorrow have been shed with your tax accountant, you must realize that these are backward looking records that may hold…
Read MoreThree Financial Planning Opportunities for Women in 2021
Three Retirement Opportunities My Mom taught me most of the essentials as I grew up. Like most mothers, her mission was to insure that I, as well as my brothers, adhered to the Golden Rule and progressed upon a path to independence as we reached adulthood. Mom would have been 85 years old next month…
Read MoreThree Financial Planning Tips for Scarlet Knights in the Gig Economy
Over the last year, I have the pleasure of working with several Rutgers grads who were former executives at Fortune 500 companies. Each of them left the corporate world and re-invented themselves as entrepreneurs in the New Economy. They created jobs as independent contractors and are now providing education and services to universities, manufacturing, and…
Read MoreThree Stimulus Benefits You Need to Know in 2021
Welcome to the Year 2021! The end of 2020 produced quite a bit of drama for many who follow our government and its impact on personal finances. After a great deal of mud wrestling, a bill was signed by the President that ultimately rewarded many citizens with stimulus checks. The checks were clearly the most…
Read MoreYear End Update: Stimulus Checks, PPP, and Charitable Contributions
Here’s a great article in today’s Tampa Bay Times regarding Congress’ year end activity and how it can affect you. Jay Cridlin of the Times quoted my thoughts on year-end charitable contributions. Here’s a link. Tampa Bay Times article
Read MoreManaging the Triple Threat – Florida Prepaid College Program, Bright Futures, and Private 529 Plans
Carl had prepared for this event for nearly two decades. His son, C.J. would be entering college in the Fall and, importantly, paying the tuition bills did not seem to be an issue. Carl’s steadfast, methodical saving produced a fully funded Florida Pre-Paid Tuition contract as well as a nice sum in a private 529…
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