"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.
The Advantage to Delaying 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.
The CARES Act and You
The CARES Act is an economic stimulus package designed to help small businesses and individuals during the Coronavirus pandemic. Here are the main points that impact individuals.
Carpe Diem – Seize the Day
We are experiencing an unprecedented event in the world. It can be tough to see the light at the end of the tunnel. But let's reflect on the opportunities that are presenting themselves to us.
Personal Market Reflections
A 30-year industry veteran recently said this was one of the most fascinating times he has seen in his entire career. Here's what he has to say.
Federal Filing Date Extended (Tax Alert Update)
The due date for filing Federal income tax returns has been extended for all taxpayers. This change does not extend to individual states yet. Here's what you need to know.
IRS Provides Some Tax Relief
The IRS has extended some relief for taxpayers affected by the ongoing Coronavirus pandemic. Here's what you need to know.
What to do During Times of Extreme Market Volatility
Investors of all ages are worried. We are experiencing extreme volatility in the global markets. What can you do to stop the bleeding?
How to Properly Report Qualified Charitable Distributions on Your Form 1040
Making Qualified Charitable Distributions can be a great way to maximize your charitable giving. But this strategy must be reported properly at tax time. Learn how to avoid a tax trap.
How Family Wealth Planning Meetings Can Safeguard the Success of Future Generations
Family conversations around wealth can be uncomfortable. But leaving a legacy is about more than just a gift of money. Learn how a family wealth planning meeting can help with wealth transfer and what to share when you have one.
Our View on the Coronavirus and How it is Impacting Markets
The Coronavirus has dominated the news cycle of late, and markets are clearly reacting to the news because the outcome is unknown. Fear is driving decisions to sell, so we want to share our thoughts about this week's reaction.
Record-keeping Requirements for Charitable Donations
There are many things we can donate to charity - cash, property, clothing, assets. Each one has its own requirement for receiving an income tax deduction. Review this flowchart to learn more.
Change in FICO System Could Affect Your Credit Score
The FICO scoring system is changing - and it could affect your credit score. Find out if your score is likely to go up or down.
Watch the SECURE Act Webinar Recording and Learn if Your Retirement Plans Need to Change
The SECURE Act likely impacts everyone's retirement and estate planning. Watch this webinar replay to learn about the major changes and what strategies are available to mitigate potential problems.
The Rules of Personal Record Retention
Ever wonder how long you should keep your receipts, statements, and other accumulated documents? Here are some recommended holding periods for a variety of documents you likely have in your cabinet or drawer.
SECURE Act Law Could be Boon for Charities
The recently passed SECURE Act has made several changes to retirement plans, some of which could result in an increase in the amount of money being left to charities. Read why.
Webinar Invitation: Learn How the SECURE Act Changes Your Retirement and Estate Planning
The SECURE Act is likely to impact everyone's retirement and estate planning. Learn about the major changes and what strategies are available to mitigate potential problems.
A Big Decision for Seniors: Do I Stay, or Do I Go?
There's no place like home. That's the feeling many of us have as we age and need to consider where and how we will live as seniors. It's not always an option, however. Read how two retirees made their (different) choices.
Resolutions or Goals? Here are 7 Ideas to Jumpstart Your Year.
By the time you read this article, 75% of people will have already given up their New Year’s resolutions. Why? Because resolutions tend to be vague. Learn why setting goals is more effective, and how these 7 ideas can jumpstart your year.
Avoid Fraud in 2020 by Writing the Complete Date
Authorities are warning about a new scam and it's one that can easily be avoided. Read More.
What You Need to Know About the Recently Passed SECURE Act
The recently passed SECURE Act contains the most significant changes to retirement since 2006, and there's something in it for everyone. Find out how the changes may impact you.
How to Plan After a Financial Windfall
Have you ever wondered what you would do with a big financial windfall? In addition to celebrating, there are several important things you should (and should not) do. Learn how to avoid the most common mistakes.
Thank You For Supporting Our 2019 Food Drive
Thank you to all our clients, business partners, and employees who contributed to this year's food drive.
Year-End Tax Planning Tips for 2019
New tax laws made significant changes to Federal income taxes beginning in 2018. While there was no significant new legislation in 2019 affecting individual taxes, personal situations do change from year to year, thus requiring a fresh look at how to approach your year-end tax planning. Here are some suggestions.
How Will a Grandparent’s 529 Plan Impact Financial Aid on the FAFSA?
When setting up a 529 plan, is it best to make the intended recipient the owner, a parent, or a grandparent? Read the answer here.
How Long Does a Merchant Have to Charge My Credit Card?
You make a purchase at a store, swipe your credit card, and sign the receipt. But then you notice that the charge doesn't appear on your credit card statement - ever. How long does the merchant have to charge you?
Why Donating Appreciated Stock and Mutual Funds may be Great Tax Strategies
Donating mutual funds and appreciated stock may be a better strategy than donating cash. But timing is everything. Here's why.
EKS Hosts Food Drive
EKS is hosting a food drive and we need your support! Here are the items most in demand...
How to Protect Yourself in a Dangerous Digital World
When was the last time you changed your passwords or thoroughly updated your devices? Here are some easy and free things you can do immediately to secure your digital world.
Seniors Lack Awareness of Common Financial Scams
Can you detect a financial scam when you see one? AIG Life & Retirement conducted a survey on elder abuse and confirmed that elder financial abuse is a pervasive and expansive problem.
Using Inherited Stocks to Pay for a Wedding
Ever wonder how to calculate the cost basis of inherited stock? This dad asked for guidance so he could pay for his daughter's wedding.
I Don’t Need My IRA Distributions, What Next?
A Reader of Ask NJ Money Help asked: I take Required Minimum Distributions every year, but I don't need the money. How can I decide if I should convert the IRA? The short answer is you could be a candidate for a Roth conversion, but it depends on several issues. Read the full answer here.... Continue Reading →
Small Steps Can Have a Big Impact
Recycling, reusing, repurposing and reducing. Four simple and inexpensive ways we can cut our carbon footprint, reduce consumption, and limit the wasteful use of resources. This article is the second part of our two-part series that discusses how each of us can contribute to the effort to save our planet. Here, we share ideas for how your values can impact your daily activities.
Saving the Planet, One Step (and One Investment) at a Time
Saving the planet is not a one-person job, but each of us can contribute in different ways. Some enjoy a socially-conscious investing style called SRI. Find out if it's right for you.
EKS Advisors Offer Two New Classes at Princeton Adult School This Fall 2019
Read about the two new classes that EKS is offering this fall at the Princeton Adult School.
