Proposed Bill Includes Tax Increases for High Earners, Retirement Account Changes
Last week, Democrats on the House Ways and Means Committee released a draft of their proposed tax plan, which includes changes to corporate, personal and other taxes, as well as retirement plans – though Social Security would be untouched.
Creating Awareness Around Life Insurance
There’s an old saying that with the stroke of a pen we have the ability to affect generations upon generations of lives.
Three Habits That Can Help You Acquire Wealth
By Michael Gold, CFP®, MBA, Founder & CEO, Wealth Advisor What does wealth mean to you? Many people have different goals and aspirations, but wealth is an often misunderstood concept, despite the number of books that have been written on the subject over the past century. Perhaps the si …
Thinking of Social Security as Our Biggest Asset
You might have more money stashed away in the Social Security trust fund than anywhere else. In fact, what you put into Social Security very well might be your biggest asset and future source of retirement income.
You’ve Got the Mini-Fridge for Your College-Bound Kid – Now Don’t Forget the Documents!
My niece’s hard work in high school paid off, and she had many fantastic options for higher education. Despite being from New Jersey, she chose a liberal arts college halfway across the country in Texas and is about to begin her junior year there.
What To Do When Your Spouse Suddenly Dies
By Michael Gold, CFP®, MBA, Founder & CEO, Wealth Advisor The death of a spouse deals a devastating emotional blow while also creating financial challenges with long-term implications. Here are a few key action steps that require proactive follow-up by the surviving spouse to help allev …
5 Risk Factors to Watch in the Third Quarter of 2021
Though we’re still in the midst of the COVID-19 pandemic, with the number of vaccinations increasing and the great reopening upon us, we’re reemerging from our bunkers in full force.
What to Consider if You Receive the Monthly Child Tax Credit Payments
The first payment of the Child Tax Credit started hitting bank accounts on July 15 and will continue every month for the rest of 2021.
10 Common Mistakes People Make With Their Money
By Michael Gold, CFP®, MBA, Founder & CEO, Wealth Advisor As hard as we may try to keep track of every penny, many of us are losing cash without even realizing it. Whether it is in the form of drive-through coffee, online shopping, or the temptation to sell stocks after a market crash t …
Knowing When to Update Your Estate Plan
From the family tea set to the most complex estate, transferring wealth – of whatever size and definition – couldn’t be more common. What’s less common but just as important is outlining a specific plan and updating it as circumstances change.
How To Avoid A Financial Nightmare During A Divorce
By Michael Gold, CFP®, MBA Founder & CEO – Wealth Advisor When a couple decides to divorce, the intense emotions and sudden changes can make it feel nearly impossible to think clearly about money and finances. For this reason, I always stress the importance of assembling your team of pr …
