Preparing for 2020 By: Jack K. Riashi, Jr., CFP®

    After a strong year like 2019, investors are thinking the good times will continue rolling as we head into 2020.  And why wouldn’t they think that after the Fed announced no changes to its monetary policy, the economy is creating jobs, wages are rising, corporate profits are healthy, and the American consumer is […]

  In December 2019 Congress passed the Setting Every Community up for Retirement Enhancement Act of 2019 (The SECURE Act). On December 20, 2019 the President signed the SECURE Act into law. The SECURE Act includes several important changes effective January 1, 2020 for individuals. The table below summarizes the key changes you should be […]

  I am a millennial and to be totally honest, the label “millennial” often makes me cringe, mostly because we have been given such a bad rap in pop culture and the media. We have been called “Generation Me” for our presumed self-centered tendencies and the “Peter Pan Generation” for our delayed adulthood. The image […]

  As of this writing, stock markets are hitting all-time highs amid signs the economy is not quite as dire as some thought and recent progress on the U.S./China trade negotiations.  The Dow Jones Industrial, S & P 500 and NASDAQ indices are all in record territory!  In my view, the stock market tends to […]

  This is an important time of year as many employer benefit “windows” are open for a limited time.  Now is when you should be reassessing how your benefits have been working for you and it is also critical to adjust these plans for 2020 while you are able. More employers are utilizing Health Savings […]

We are about a month away from celebrating Thanksgiving, that special time of year when we get together with family and friends for good times and good eats.  It is also a great time to take a step back and give thanks to people who have impacted our lives in a positive way, including those […]

   Besides football, Halloween, and the changing of the seasons, October is also the beginning of Medicare Open Enrollment. Medicare Open Enrollment begins October 15th and runs through December 7th. This is the time of year that you can change your prescription portion of your Medicare plan, which is commonly known as Part D. During […]

By Ken Bloom, J.D., LLM Although it was originally thought that Aretha Franklin did not have a will when she died, recent news reports of the finding of three handwritten documents in her home appear to have indicated she did have a plan for her assets. A holographic will is a handwritten will signed and […]

By Ken Bloom, J.D., LLM I recently read a study about the employment growth rate of people 65 and older that that startled me.  Since 2000 the percentage of adults employed in the workforce has steadily declined while the percentage of elderly Americans working has steadily increased. The labor participation rate (the percentage of people […]

By Ken Bloom, J.D., LLM One of the biggest issues facing senior citizens these days is the increase in financial fraud and scams that can cause them to lose part or their entire retirement portfolio. And when they are the victims of a fraud seniors are too embarrassed to do anything about it – it […]

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