Ishan Goradiya

Fidelity Net Benefits

As our client, The Retirement Group must be able to work with your company’s benefits administrator. A major administrator that we work with is Fidelity Netbenefits. The Retirement Group has no affiliation and neither are endorsed by Fidelity or Netbenefi... Read >

FAMILY PLANNING FROM THE PIGGYBANK’S POINT OF VIEW

Family planning often means financial planning … and quite likely, a change in the way you see your finances. Whether you are starting a family or welcoming a new addition, there are financial realities you can’t ignore. Planning and saving for those real... Read >

Common Financial Mistakes - And How To Avoid Them

Are you making mistakes with your money? Many people do, because of inattention, a lack of knowledge or confidence, or relying of the advice of friends rather than professionals. Here are some all-too-common money errors to avoid … Putting off financi... Read >

LESSONS FOR FUTURE MILLIONAIRES

How do you give your children or grandchildren the right attitude about money? And a good financial start? While you can gift your child up to $12,000 a year tax-free, consider these options, wrapped up with financial lessons. Roth IRAs. If your child... Read >

LOOKING AT THE NEW ESTATE TAX LAWS

In 2011, families and their financial, tax and legal consultants can at last plan estates with a degree of certainty. Thanks to the Tax Relief Act of 2010, we now have the lowest estate tax rate in 80 years, with some new rules to be aware of, and some ve... Read >

Unrest in Egypt - What Does It Mean For The Markets?

Will the Mubarak government be toppled? Egyptians took to the streets in Cairo and other major cities Friday, facing riot squads and armored personnel carriers as they demanded political reforms and an end to the 30-year rule of the country’s president, H... Read >

Should You Contribute to a Roth 401(k)?

ALTHOUGH ROTH 401(K) plans became effective on January 1, 2006, they are just now starting to gain momentum. Originally, Roth 401(k)s were scheduled to expire after 2010, so companies were not willing to start a plan that would expire after a few years. ... Read >

Getting the Money Out

THE TAX LAWS regarding withdrawals from individual retirement accounts (iras) are complex. To avoid unnecessary Penalties and to ensure you efficiently withdraw the funds, here are the basics: BEFORE AGE 59 1/2 In addition to any income taxes that may... Read >

Taking Advantage of the 0% Capital Gains Tax Rate

FROM 2008 TO 2010, the capital gains tax rate for individuals in the 10% or 15% tax bracket will be 0% (down from 5% previously). After 2010, the rates will revert to pre-2001 rates unless further legislation is passed. Who will benefit from this reducti... Read >

Lessons Learned from the Stock Market

THE STOCK MARKET volatility of the past few years has taught some valuable lessons about the stock market: * THE MARKET TENDS TO REVERT TO THE MEAN. There is a tendency for the stock market, when it has an extended period of above- or below-average ret... Read >

Maintaining Your Income through a Long Retirement

SAVING ENOUGH BY age 65 to ensure that you can maintain your standard of living through a long retirement has become increasingly difficult. Consider just this one fact. Current retirees receive close to 70% of\ their retirement income from Social Securit... Read >

Follow Through on Your Estate Plan

USUALLY, A GREAT deal of thought and effort goes into estate planning documents. You need to consider all Your assets, decide who should receive them, and find the best strategies to accomplish your goals. However, your work isn’t over once you’ve signed ... Read >

The Tax Consequences of Debt Forgiveness

WHEN THE VALUE of a home is less than the outstanding debt, the homeowner’s options are dismal. Foreclosure, deeds in lieu of foreclosure, and short sales all result in the loss of the home with serious credit consequences for the homeowner. While the ... Read >

Should You Pay Back Social Security Benefits?

DECIDING WHEN TO start Social Security benefits is an important decision. While full retirement age for Social Securit Benefits is gradually increasing from age 65 to age 67, you can still start benefits at age 62. However, your benefits will be permanent... Read >

Rolling Over Pension Plan Assets to Roth IRAs

STARTING JANUARY 1, 2008, the Pension Protection Act of 2006 permits proceeds from qualified retirement plans, including 401(k), 403(b), and 457 plans, to be rolled over directly to a Roth individual retirement account (IRA). In the past, the proceeds had... Read >