There are a million tips and rules out there to guide you in personal finance. If you remember any, it should be these four: Avoid credit card debt — in most cases. This is the great abyss and there are other options, like a home equity or personal loan that might serve you better. Save and invest at least 10% of what you earn for retirement. It’s important to...
Read MoreHow Many Gen Xers & Baby Boomers Have No Retirement Savings? The answer to that question is a staggering 41% of Gen Xers and 42% of baby boomers. If you fall among those numbers, it’s time to start changing your ways. Don’t count on falling back on social security benefits, because that won’t provide enough to support you in retirement. To...
Read MoreClick on the icon below to read the December 2017 issue of the Social Security Standard Newsletter featuring: 5 Ways Social Security Protects You Is it Medicare or Medicaid? Questions and Answers Things to Think About Before Applying for Disability Benefits Social Security’s Gift to Children is...
Read MoreThe recently passed tax bill brings many changes. One noteworthy change for businesses is the elimination of the ability to deduct entertainment expenses. According to a recent article titled “How tax overhaul would change business taxes” from the Journal of Accountancy®: “Entertainment expenses: The bill would disallow a deduction with respect to...
Read MoreIn 2016, Governor Cuomo signed into law the nation’s strongest and most comprehensive Paid Family Leave policy. Starting January 1, 2018, the New York State Paid Family Leave Program will provide New Yorkers job-protected, paid leave to bond with a new child, care for a loved one with a serious health condition or to help relieve family pressures when someone is...
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