Recent Blog Posts
What financial to-dos are important to complete before year-end?
As we wind down the year, here are some things you can do before December 31st to ensure you maximize your 2015 financial situation. Review Asset Allocation: Ensure you are properly diversified given large swings in market prices for various asset categories. Maximize your 401k: Check your recent pay stub to ensure you… Read More »
What is a Medallion Signature Guarantee?
Every once in awhile, we encounter a transfer that requires a Medallion Signature Guarantee which is an authentication method used to transfer securities from one institution to another. A Medallion Signature Guarantee is not the same as a notary and is only performed by financial institutions such as banks. Unfortunately, very few banks… Read More »
What is net unrealized appreciation?
Net Unrealized Appreciation (NUA) applies to people who own company stock through their employer 401k plans. NUA applies only when you leave your company and you need to decide how to distribute the assets in your 401k. Ordinarily, when you leave your company, you would rollover your 401k into an IRA (Individual Retirement… Read More »
Should I refinance my student loans with Sofi?
We are asked this question often not only by clients, but those who reach out to us for our expertise on student loans. While there is not a simple answer to this question, for the purposes of the ReCap, here are the basics. If you have federal loans (either subsidized or unsubsidized), it almost… Read More »
Which states offer the best 529 plans?
Many people assume you have to settle for the 529 plan from your home state, but that is not the case. You are free to choose a 529 plan from any state, but there are a few factors that you should consider when researching plans. #1 Does your state offer a tax deduction?… Read More »
Burdened By Medical School Loans?
Recently, I read an article in The Wall Street Journal wherein a financial advisor gave advice to a physician (who is not the adviser’s client) dealing with medical school debt. This is a very important and relatable topic for many of our physician clients, and as such, we spend quite a lot of time… Read More »