Information is everywhere on the internet. Countries like North Korea are deprived of information, while our country is overloaded!
Sometimes, the best investment plans are simple. Let's make this simple. Follow along for useful tips to help plan your future like you would plan a vacation!
Tuesday, August 3, 2021
SETTANNI FINANCIAL Q2 MARKET UPDATE We have been receiving a higher number of questions recently regarding the markets. The most common question we hear is, "What is your stock market prediction?" Although we cannot predict the future,...
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Wednesday, June 9, 2021
Now and again, the price action on Wall Street can surprise even the most seasoned investors. President Biden has proposed an increase in the tax on capital gains to 43.4% from 23.8% for those Americans who earn more than $1 million.1...
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Wednesday, June 2, 2021
How much are you withholding per paycheck?Is the amount too little? (Or too much?) Find out the answer before the year ends. You may not want to discover next year that your withholding amount for this year was too small. The I.R.S....
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Friday, December 11, 2020
Giving financial support to those in difficult situations can make a huge difference during a time of national crisis. I was recently featured in Purchase College "2020 Impact Report" and although I didn't quite make "the news," my...
Read MoreIf you were born in the years 1943-1954 66 years of age 1955 66 years and two months 1956 66 years and four months 1957 66 years and six months 1958 66 years and eight months 1959 66 years and 10 months 1960 and after 67 years
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Friday, November 20, 2020
If you read my first two posts, you learned about potentially avoiding taxable gains from mutual funds and tax loss harvesting. The third strategy is making charitable gift and contributions to 529 plans; which must be done before the...
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Wednesday, November 18, 2020
If you looked at your email Monday morning, you learned about the first strategy to potentially avoid paying taxes on capital gains from mutual funds. A second strategy to potentially pursue is tax loss harvesting. If your advisor or...
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Tuesday, November 10, 2020
You could owe capital gains taxes on mutual funds even if you the fund lost money this year. To potentially avoid this from happening...
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Saturday, November 7, 2020
While most of us were enjoying the holidays, our friends in Washington were busy tinkering with traditional Individual Retirement Accounts (IRAs). As you may have heard, Congress passed legislation late last year that changed the...
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Friday, November 6, 2020
Social Security plays an important role in your retirement strategy. But, don’t forget, the amount you’ll receive depends on the age at which you file and your (or your spouse's) highest 35 years of earnings. You can start...
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Have you enrolled in Medicare, or are you considering it? If so, you should know that anyone who receives Medicare is eligible to receive Medicare Part D prescription drug coverage. However, if you don’t enroll for that coverage...
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Friday, November 6, 2020
After many weeks of telegraphing a long and careful ballot count, this week’s election lived up to that prediction in races for the Senate, the House, and the presidency. Locally, Democrat Mondaire Jones won (retiring) Nina...
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Friday, November 6, 2020
Medicare’s open enrollment period runs from October 15 to December 7. If you are enrolling in Medicare for the first time, give yourself plenty of time. You may discover that it is much more complex than an employer-sponsored...
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Tuesday, November 3, 2020
How has Covid-19 affected the economy in Westchester County? Have your kids in Somers, Katonah, Bronxville, Rye Brook, Yorktown or any other Westchester School district been suffering due to Covid-19? Have the 2018 tax cuts hurt or...
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Thursday, March 21, 2019
This year, our tax clients have had to pay taxes on over $300,000 on capital gains. Capital gains could be avoided by using exchange traded funds. Exchange traded funds give the investor the same diversification as mutual funds, while...
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