5 Things About The Stay NJ Program New Jersey has introduced the Stay NJ program, a new property tax credit aimed at encouraging seniors to remain in the state during retirement. Effective in 2026, Stay NJ works alongside the existing ANCHOR and Senior Freeze programs...
Health Savings Accounts: 5 Things Worth Understanding Takeaways: HSAs offer pre-tax contributions, tax-free growth, and tax-free withdrawals for medical expenses Contribution limits in 2026 allow families 55+ to approach nearly $10,000 per year Paying medical costs...
1929 vs Today: What’s Changed Takeaways: The 1929 market lacked basic protections like the FDIC, SEC, and unemployment insurance The Federal Reserve now acts as a lender of last resort to stabilize the system Circuit breakers and margin rules might reduce the risk of...
Section 457 Deferred Compensation Plan Key Takeaways - A section 457 deferred compensation plan may allow penalty-free withdrawals before age 59½ - Early IRA or 401(k) withdrawals (prior to age 59 1/2) usually trigger a 10% tax penalty - A large section 457 deferred...
5 Reasons Why Hiring Two Advisors Might Backfire Some investors believe hiring two advisors and “letting them compete” is a smart way to maximize returns from investment advisors. In practice, it often does the opposite. This video explains why hiring two advisors...
Homeowners Insurance Disaster Takeaways • Home values often rise faster than policy updates, creating hidden coverage gaps. • Guaranteed replacement cost (or 100% replacement cost) should be reviewed with your insurance professional. • Most homeowners cannot cover a...
Mortgage Math: Why You Pay So Much in Interest Up Front Mortgage Math: Why You Pay So Much Interest Up Front. Why does mortgage math feel so expensive? Why does it take so long to build equity? In this video, we break down mortgage math, amortization, and the real...
$1 Trillion in Credit Card Debt. Is the US Consumer OK? Is the US Consumer OK? Five key points: 1. Large-bank consumer credit card balances are approaching $1 trillion, but delinquency rates remain within long-term historical ranges. 2. Minimum-payment behavior has...
Transfer 529 to Roth IRA? Is this even possible? This is so new, it took over a year for the IRS to translate what this means. While the ink is not even dry (always subject to IRS changes), this could be a useful tool - for some! Key points: Up to $35,000 can be...
Invert - Always Invert! Key points: Invert your thinking: Look backward to identify risks and potential problems in your financial plan. Case study exposes gaps: High earners may lack essentials like life insurance, disability coverage, emergency funds. Avoid big...
