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 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 […]
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 […]
Click to Enlarge What Has the Greatest Impact on Investment Results? 1985-2014 The #1 threat to your investment portfolio is unbridled emotion. More money is lost due to fear and greed (how we respond) than all of the financial, economic and geopolitical events combined. It’s not the events themselves but our response to the events that can cause […]
Money Matters – Skloff Financial Group Question of the Month – January 8, 2016 By Aaron Skloff, AIF, CFA, MBA Q: We are ready to get serious about our retirement savings in 2016. What are the contribution limits for various retirement accounts in 2016? The Problem – Lack of Retirement Savings Most pre-retirees recognize they […]
Click to Enlarge Long term care is truly a women’s issue. Women make up the majority of our nation’s caregivers and they often bear the burden of long term care’s significant physical, financial and emotional demands. They are also largely impacted as long term care recipients. Click Here for Your Long Term Care Insurance Quotes
Click to Enlarge Create a Jumbo Roth IRA with a Tax Free In-Service Withdrawal and Rollover If you are under the age of 50 you can contribute a combined $53,000 to your employer plan ($18,000 Roth plus $35,000 after tax). If you are 50 or over you can contribute $59,000 ($24,000 Roth plus $35,000 after tax). […]
