Money Matters – Skloff Financial Group Question of the Month – July 1, 2023 By Aaron Skloff, AIF, CFA, MBA Q: We are evaluating whether to take pre-tax employer contributions or Roth employer contributions to our retirement accounts, including 401(k)s, 403(b)s, 457(b)s and IRAs. Which is a better choice for contributions and withdrawals? The Problem […]
Click to Enlarge Take Pre-Tax Employer Contributions Versus Roth Employer Contributions Take Pre-Tax employer contributions instead of Roth employer contributions if your current income tax bracket is higher than your future lower income tax bracket. Withdrawals will be taxed at 20%. Click Here for Your Long Term Care Insurance Quotes
Click to Enlarge Take Roth Employer Contributions Versus Pre-Tax Employer Contributions Take Roth employer contributions instead of Pre-Tax employer contributions if your current income tax bracket is lower than your future higher income tax bracket. Withdrawals will be tax free. Click Here for Your Long Term Care Insurance Quotes
Long Term Care University – Question of the Month – 06/15/23 Research By Aaron Skloff, AIF, CFA, MBA Q: What are the advantages of a Hybrid Life and Long Term Care insurance policy versus a Traditional Long Term Care insurance policy, and vice versa? The Problem – Comparing Apples and Oranges What happens […]
Dot com Bust vs. A.I. Mania: Comparing 1999 and 2023 Tech has come roaring back in 2023. And the biggest narrative this year – artificial intelligence. If it feels like a moment of gigantic hype – you wouldn’t be mistaken. But so was 1999. This week on TechCheck – comparing two moments of hype: the […]
Money Matters – Skloff Financial Group Question of the Month – June 1, 2023 By Aaron Skloff, AIF, CFA, MBA Q: We read ‘Pre-tax Versus Roth Contributions to Retirement Accounts – Which Is Better?’ Part 1. Can you give us examples of contributions today versus withdrawals in the future? The Problem – Tax-free […]
Long Term Care University – Question of the Month – 05/15/23 Research By Aaron Skloff, AIF, CFA, MBA Q: We are concerned about the exorbitant costs for long term care. Should we insure or self-insure our long term care costs? The Problem – Paying for Long Term Care According to the U.S. Department […]
What Happens if You Die Without a Will? – Wall Street Journal Your Money Briefing Dying without a will can put the future of your assets at risk. Wall Street Journal personal-finance reporter Ashlea Ebeling joins host J.R. Whalen to discuss why most Americans don’t have one. Click Here for Your Long Term Care Insurance […]