Entries by Aaron Skloff, AIF, CFA, MBA

401(k) Rollover with After-tax and Pre-tax Balances

Money Matters – Skloff Financial Group Question of the Month – April 1, 2016 By Aaron Skloff, AIF, CFA, MBA Q:  I am ready to rollover my 401(k) to an Individual Retirement Account (IRA) and was informed some of the money is after-tax and some is pre-tax.  How can I complete the rollover on a […]

New York State Partnership for Long Term Care – Long Term Care University

Long Term Care University – Question of the Month – 03/15/16 By Aaron Skloff, AIF, CFA, MBA Q: Some insurance companies offer Partnership Qualified long term care insurance policies.  Can you explain what that means, what advantages it may provide and if the New York State Partnership for Long Term Care is unique? The Problem […]

Three Ways to Retire by Age 55 – Wall Street Journal

Three Ways to Retire by Age 55 You don’t need tens of millions of dollars to retire by 55, but you do need a plan and ideally, decades of smart saving and investing under your belt. WSJ’s Lee Hawkins outlines three ways people are able to do it.  Click Here for Your Long Term Care […]

Top Four 401(k) Tips and Advice

Money Matters – Skloff Financial Group Question of the Month – March 1, 2016 By Aaron Skloff, AIF, CFA, MBA Q: What are some tips on getting the most out of our 401(k) plans? A: The Problem – Looking a Gift Horse in the Mouth Many employers offer the ‘gift’ of a 401(k) retirement plan […]

Mutual Funds vs ETFs – Which Is Right for You – Wall Street Journal

Mutual Funds vs ETFs – Which Is Right for You If you’re looking to invest in stocks, two good options are mutual funds or their financial cousins, Exchange-Traded Funds, also known as ETFs. Here’s a look at the pros and cons.  Click Here for Your Long Term Care Insurance Quotes

Contributing to an IRA for 2015 and 2016

Money Matters – Skloff Financial Group Question of the Month – February 1, 2016 By Aaron Skloff, AIF, CFA, MBA Q: Even though it is 2016, can we still contribute to Individual Retirement Accounts for 2015?  How long do we have to contribute for 2016? A: The Problem — Foregoing Financial Planning and Tax Planning […]

Long Term Care Insurance Tax Benefits 2016 – Long Term Care University

Long Term Care University – Question of the Month – 01/15/16 By Aaron Skloff, AIF, CFA, MBA Q: Can long term care insurance be offered as a company benefit to all or a limited number of our employees?  If so, are there any tax advantages for employers or employees? Are there still tax advantages for […]

Is the Market Really Like a Casino? – 1926-2015

Click to Enlarge Is the Market Really Like a Casino? 1926-2015 Is the stock market like a Vegas casino? Actually, no. • Notice that the odds of winning any of the most popular games in Vegas never reach 50%; for comparison’s sake, over rolling monthly one-year holding periods the stock market has been up 75.3% of the […]