Aaron Skloff, AIF, CFA, MBA, Author at Skloff Financial Group

About Aaron Skloff, AIF, CFA, MBA

Aaron Skloff, Accredited Investment Fiduciary (AIF), Chartered Financial Analyst (CFA) charter holder, Master of Business Administration (MBA), is the Chief Executive Officer of Skloff Financial Group, a Registered Investment Advisory firm. The firm specializes in financial planning and investment management services for high net worth individuals and benefits for small to middle sized companies. He can be contacted at www.skloff.com or 908-464-3060.

Entries by Aaron Skloff, AIF, CFA, MBA

Stretch IRA 2016

Click to Enlarge Stretch IRA Example Harvey Has $300,000 In His IRA, Earning 7% Per Year. Watch It Grow To Over $2.1 Million. Naming your family as the designated beneficiaries on your IRA allows your family to inherit your IRA and simultaneously take advantage of a Stretch IRA. A Stretch IRA is not a different […]

Maximizing Contributions to Multiple Employer Retirement Plans 2016

Click to Enlarge Maximizing Contributions to Multiple Employer Retirement Plans Then Completing In-Service Withdrawals and Rollovers to Jumbo IRAs The IRS allows you to contribute to multiple employer retirement plans. The IRS places an $18,000 annual limit ($24,000 if age 50 or over) on employee contributions (elective deferrals) cumulatively across 401(k)s and 403(b)s and the […]

Retirement Plan Limits 2015 and 2016

Click to Enlarge Retirement Plan Limits 2015 and 2016 Please see these links for articles on SEP IRAs, SIMPLE IRAs and 401(k)s. Have Your 401(k), 403(b), 457(b) Account Professionally Managed

Long Term Care Myth Versus Reality

Click to Enlarge Myth: I Won’t Need Long Term Care. Reality: 70% of people turning age 65 can expect to use some form of long-term care during their lives. Click Here for Your Long Term Care Insurance Quotes

3 Reasons You Might Get Audited by the IRS – Kiplinger’s Personal Finance

3 Reasons You Might Get Audited by the IRS Odds of a tax audit are actually quite low, but some things can raise them. Click Here for Your Long Term Care Insurance Quotes

1035 Tax-Free Exchange Long Term Care Insurance – Long Term Care University

Long Term Care University – Question of the Month – 12/15/15 By Aaron Skloff, AIF, CFA, MBA Q: Can I use an annuity or life insurance policy to pay for a long term care insurance policy? Are there any tax implications? The Problem – Money Tied Up in an Annuity or Life Insurance, But Need […]

When to Sign Up for Medicare Coverage – Kiplinger’s Personal Finance

When to Sign Up for Medicare Coverage – Kiplinger’s Personal Finance Missing deadlines can result in costly penalties and delays. Click Here for Your Long Term Care Insurance Quotes

A Costly RMD Mistake Retirees Can Make – Kiplinger’s Personal Finance

A Costly RMD Mistake Retirees Can Make – Kiplinger’s Personal Finance Blowing the timing of your first required minimum distribution can cost you a bundle. Click Here for Your Long Term Care Insurance Quotes

Year End Tax and Financial Planning for 2015

Money Matters – Skloff Financial Group Question of the Month – December 1, 2015 By Aaron Skloff, AIF, CFA, MBA Q: With the end of the year quickly approaching, what are some important tax and financial planning measures we can take to reduce our taxes and improve our financial position? The Problem – Year-End Financial Oversights […]