One thing this pandemic has done is flush out poor advisors, as there is no hiding during Covid-19. CPAs, Attorneys, Insurance Advisors, Stockbrokers and Financial Planners should be well-aware of the latest Covid-19 updates, income tax and estate tax rule changes to properly advise their clientele. I have been on many Zoom Panels, Seminars, Workshops, and Podcasts over the last…read more →
FAFSA: The Free Application for Federal Student Aid. All students interested in financial aid (free endowment monies) for college will need to complete this form. Usually, the parents/guardians fill it out using their tax return. Don’t include retirement assets on the FAFSA: The FAFSA doesn’t care how much you’ve got in your 401k/IRA/pension. They do ask about cash, savings and checking…read more →
5 Reasons why 529’s are a waste of time Unless you are getting other people like grandparents to contribute money to your child’s 529 they are a waste of time for the following reasons: 1. They reduce the amount of endowment “free” money students can qualify for: Ex. With $100,000 in a 529 the first $25,000/year is on you! 2….read more →
You just got married, but you may not have realized that your money did as well. One of you is a spender and one is a saver! How in the world will you make it work? Especially now that many people are getting married in their 30’s and 40’s for the first time, what should you be doing money wise?…read more →
Retirement. The vision of one’s non-working years is alluring but are you prepared? Put these four tips to get back on track for your retirement planning. Figure out what you really need: This involves goal setting and thinking. Think about what percentage of your current income you need going forward. Also, build in vacation and bucket-list annual costs. Take advantage…read more →
86% of incoming college students take out student loans. Scary? Try this: the total of all college loans is $1 Trillion dollars…that’s right TRILLION; which is more than all of the credit card debt combined. Most parents not in the know will steal from retirement to pay tuitions. Those ‘in the know’ understand that 95% of all “free money” comes…read more →
The best pizza in NYC resides outside of Manhattan and can be found in Brooklyn and Queens! The following list represents the best pizza places to do financial and insurance planning. DiFara: in Brooklyn. Best designer pizza and best place to do your estate planning. Dom DeMarco can only make so many pies in a day, folks may not live…read more →
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