IN THE NEWS

Four ways to change 401(k) plans for the better

Four ways to change 401(k) plans for the better

Marketwatch / October 26, 2017

Changes to 401(k) plans may be coming, according to Kevin Brady, the chairman of the House Ways and Means Committee, just two days after President Trump assured the public that 401(k) plans would remain untouched as part of his tax overhaul. Brady said the committee was “exploring a number of ideas,” according to the Wall Street Journal.

View Source

5 Ways to Minimize Taxes on Retirement Income

5 Ways to Minimize Taxes on Retirement Income

MSN / October 18, 2017

Many investors assume their taxable income will decrease during retirement, but that's not always the case. "People often forget – taxes don't necessarily decline in retirement," says Kate Stalter, co-owner and senior financial advisor of Better Money Decisions in Albuquerque, New Mexico.

View Source

Leave a Legacy for Your Grandchildren

Leave a Legacy for Your Grandchildren

American Funds / September 2017

"Contributing as little as $50 a month from birth through high school can make a huge difference,” says Erika Safran, founder of Safran Wealth Advisors.

View Source

 

Save clients from tax pitfalls, family strife when passing on that lake cabin

Save clients from tax pitfalls, family strife when passing on that lake cabin

Financial Planning Magazine / May 23, 2017

"Certain planning techniques allow estate owners to bequeath vacation homes without triggering hard feelings and large expenses.”

View Source

 

How to Ditch that Holiday Debt

How to Ditch that Holiday Debt

Mass Mutual / January 9, 2017

"It’s fun to give gifts and very easy to put it all on a credit card,” said Erika Safran, a financial professional with Safran Wealth Advisors in New York, noting it’s tough to keep track of your spending when you pay with plastic. “The holidays give more of a license. They may feel justified because they are buying for someone else.”​

 

View Source

Americans say this is their top financial regret

Americans say this is their top financial regret

CNBC / May 20, 2016

"When my clients come to me asking me how to get themselves out of difficult situations, I don't beat them with a stick," Safran said. "People are always trying to mend the fences."

 

View Source

Advisors See New Fiduciary Rule As A Chance To Educate Clients

Advisors See New Fiduciary Rule As A Chance To Educate Clients

Investor’s Business Daily / April 15, 2016

"Over the past year, I’ve had more people ask, ‘Are you a fiduciary?’,” said Erika Safran, a certified financial planner in New York City. “They’re more interested in how I’m compensated, which I think is great."

 

View Source

It takes a village of options to pay college tuition

It takes a village of options to pay college tuition

The Fiscal Times / April 7, 2016

"Safran's clients usually have about $100,000 set aside in college savings plans, and she encourages them to stretch out the funds so they can keep accumulating value through investment."

 

View Source

Why saving is only half the equation for a comfortable retirement?

Why saving is only half the equation for a comfortable retirement?

Deseret News / March 30, 2016

"New York certified financial planner Erika Safran recommends coordinating withdrawals from tax-free vehicles such as Roth IRAs with other taxed sources (such as conventional IRAs) so that no one year in retirement is particularly burdensome.​"

 

View Source

Should you pay for your child’s college?

Should you pay for your child’s college?

CNBC / March 10, 2016

"You have to be aware of what you'd be sacrificing," said Erika Safran, a certified financial planner and president of Safran Wealth Advisors in New York. "Will you run out of money at age 75? You must also consider medical expenses and where you will live."

 

View Source

Syndicate content
Website Design For Financial Services Professionals | Copyright 2018 AdvisorWebsites.com. All rights reserved