We recently had the pleasure to catch up with Jessica Baguchinsky of Paychex. Jessica is a sales superstar, and if you are trying to grow your business, increase your sales or you're looking to learn how to pull your business (or yourself) up, you ought to listen to...
Before we get started, let me just say how much it truly pains me to write an article praising the 2015 Kansas City Royals. I am a die-hard New York Mets fan, and if you know anything about baseball, you know the Royals beat the Mets in the World Series that year. ...
In my last post I covered the basics of the Roth IRA. However, figuring out Roth IRA contributions can be tricky due to the phaseout rule. In this post I will provide examples of how to calculate Roth IRA contributions for a single tax filer and a married couple...
A popular way for individuals to save for retirement is through a Roth Individual Retirement Account or Roth IRA. Who can open a Roth IRA? Any individual who has earned income may open and contribute to a Roth IRA. Earned income includes any money earned from salary,...
The Individual Retirement Account (IRA) is one of the most basic types of retirement savings vehicles available today. So who can open an Individual Retirement Account (IRA)? An IRA can be funded by an individual who has earned income in that current year -- and is...
Financial Planning for families is never easy. The Department of Agriculture, the USDA, announced the ESTIMATED cost of raising a child from birth up through age 18 is $245,000. But, according to the USDA, it costs more if you live in (or near) major cities. For...
There has been an ongoing debate about whether the Trump administration will repeal the Department of Labor rule implementing a fiduciary standard for all retirement accounts. Whether the new administration repeals the rule, waters it down or delays the start date;...
There's an excellent article written by Carl Richards featured in the NY Times. Richards is known in our industry because he comes up with cute images drawn on napkins that succintly get a message across. I'll link to the article below. His point was the old "image"...
The Dallas Police and Fire Pension Plan received accolades for their investment performance through 2008-2009, but those accolades mean nothing to worried plan participants today.
"What could go wrong here?" is a very powerful question to ask periodically. Aetna announces a $200 million loss from Obamacare. They forgot about Dental When I started at EF Hutton back in 1983, people told me not to take a job there. "They don't offer dental" I was...
