Nobody wants to outlive their money. Here is a strategy that can help reduce income taxes in retirement, ensuring your money will last longer.
Reducing Income Taxes in Retirement
Required Minimum Distribution (RMD) Changes in 2020
Required minimum distribution rules have changed for 2020. Before you take your RMD, read this.
Key Tax Numbers for 2021
Key tax numbers for 2021 have been released by the IRS. This will help with your tax planning.
Why We Love Giving Tuesday
#GivingTuesday is about giving back in whatever way you can. Here are some ideas that go beyond writing a check, helping you to decide how you can make a difference.
Support Local Business on Small Business Saturday
Small Business Saturday encourages community members to shop locally. Your local businesses need your support. Here's how they're innovating and how you can participate.
Black Friday and Cyber Monday: Are they so different?
Learn how Cyber Monday and Black Friday compare. Discover additional resources to keep you safe while researching and shopping this holiday season.
Social Security Announces 1.3% Benefit Increase in 2021
Social Security benefits are increasing in 2021. Here's what you need to know.
Sitting Down with Fee-Only Financial Planner, Darren Zagarola
Fee-only financial planner, Darren Zagarola, discusses how financial planning helps individuals achieve financial independence.
Protect Your Privacy by Securing Your Web Browser
You can't beat the convenience of online shopping, banking, and research. But you may be trading convenience for security.
Updates to NJ’s Property Tax Reimbursement Program (Senior Freeze)
Do you know that NJ offers to freeze the property tax of senior citizens and disabled homeowners? The deadline to apply is December 31; so don't delay.
Open Enrollment for Affordable Care Has Begun
If you are not enrolled in an employer-sponsored health plan, you have until December 15 to get coverage for you and your family.
Record GDP Growth Rate Announced
The U.S. has posted record GDP growth for the third quarter. Can it continue? The answer isn't black and white.
7 Tips for National Savings Day
Saving money for retirement or even a rainy day is often neglected in exchange for buying what we want when we want it. Here are some tips to develop healthier saving habits.
Why is the Stock Market Doing So Well? Or is it?
Have you wondered why the stock market continues to do so well despite the absence of strong economic news? This may help shed some light on what's happening.
6 Tips to Improve Your Financial Health
These simple steps can improve your financial health. Learn how to leverage credit reports, interest rates, the bond market, your dependent care account, and more.
How Your 529 Plan Can Help Your Grade School Kids
529 Plans are typically used to pay for college. Now, however, parents are questioning if their Plan can help fund private school for K-12.
August 31 Deadline to Roll Back Required Minimum Distributions Fast Approaching
Did you take an RMD before the CARES Act passed and changed the requirement? There's still time to roll back your withdrawal.
Why You Should Include Digital Assets in Your Will
Your Will probably details who gets all your stuff when you die. But have you considered what will happen to all your digital assets? You have more than you realize, and they need to be accounted for.
Seniors Turn to Education for Retirement Activity
The concept of retirement has evolved. Instead of focusing on the golf course and the bridge table, today's retirees are showing up on college campuses, or at least they were until the pandemic set in. Still, seniors are turning to education as one of their primary interests in retirement, and there are lots of opportunities to consider in both the real and virtual worlds.
Mutual Fund Investors Could Face Unpleasant Surprise
This year's extreme market volatility may have significant tax consequences for mutual fund investors. Here's what you need to know.
Don’t Rush Inheritance Decisions
Baby boomers expect to transfer $30 trillion to their heirs over the next several decades. Read these tips to ensure you manage your inheritance properly.
Cash is King
When building an investment portfolio, it's important to consider cash in the mix. Learn the many reasons why, and how to determine how much cash is right for your financial plan.
How Do I Handle This Retirement Income on My Taxes?
Here's how to get it right when you consider retirement income exclusions.
11 Common Money Mistakes People Make in Retirement (UPDATED)
Retirement is supposed to be enjoyable. Healthy financial habits should have set you up to do the things you've always wanted. But too often, individuals make mistakes that derail their plans to be financially independent. Learn how to set yourself up for a worry-free retirement.
Millennials Will Rule the World, For Better or Worse
Millenials are saddled with many challenges. But they are our next set of leaders and are deserving of our attention. Learn what they're up against, and how they can overcome it.
Tax Alert: NJ/NY Estimated Tax Payments Due on June 15, 2020
On March 21, the IRS postponed the tax filing deadline from April 15 to July 15. But New York and New Jersey didn't follow suit on all the tax deadlines. Here's what's due Monday.
10 Common Money Mistakes People Make in Their 50s
You're getting closer to retirement, and it's time to put a plan in place. Here are some questions to consider and mistakes to avoid.
10 Common Money Mistakes People Make in Their 40s
Your 40s are the time to become more serious about your financial plan. Hopefully, you have developed healthy financial habits that have set you up to meet your goals. Now is the time to make up for financial shortcomings and prepare yourself for the next decade.
11 Common Money Mistakes People Make in Their 30s
In our 30s, responsibility takes center stage. This is the age where healthy financial habits can have a long-lasting impact on your financial future, setting you up for success, or derailing your long-term financial well-being.
9 Common Money Mistakes People Make in Their 20s
Your twenties are a transitional decade. You graduate college, start a new job, maybe get married. Developing financial literacy during this time can mean the difference between quickly falling into debt or building a solid foundation that will allow you to achieve your personal and financial goals.
Separating Fact from Opinion
Every day, headlines grab our attention. Sometimes we even act on what we read. So the question is, how do you separate fact from opinion?
Earth Day
In honor of Earth Day, EKS Associates is once again hosting a Shredding Week.
Qualified Charitable Distributions After the CARES Act
For individuals who would like to donate some of their IRA to charity, making a Qualified Charitable Distribution could be a good strategy.
Recognizing the 50th Anniversary of Earth Day
This year marks the 50th anniversary of Earth Day. Read about how Earth Day started and how EKS does it part.
The Advantage to Delaying Retirement
"When should I retire?" is a question asked by millions of people every year. There is no one-size-fits-all answer, but here are some things to think about as you ponder your own retirement.
How the CARES Act Impacts Required Minimum Distributions
Learn about a significant change that will benefit retirees required to take RMDs in 2020.
A Few Ways to Improve Your Well-Being While Working from Home
Adapting to living and working at home can be challenging. We care for our families, home-school our children, connect with clients, conduct conference calls, and socialize virtually. It’s easy to lose sight of our own needs. Here are some ways to improve your mental well-being.
Beware of COVID-19 Scams
COVID-19 scams are running rampant, targeting the elderly and at-risk individuals. Here are a few of the scams to watch for and tips on how you can protect yourself.
New Jersey Extends Tax Filing and Payment Deadlines
New Jersey has extended the State income tax filing deadline for individuals, corporations, trusts and estates, and other non-corporate tax filers.
New York State Extends Tax Filing and Payment Deadlines
New York State has extended the April 15, 2020 due date for filing personal income tax and corporate tax returns. Here's what you should know.
