Beginning in February and March 2020, America, Canada and Europe locked down cities, closed businesses and halted travel amidst the onset of COVID-19. Six months later, we’re still experiencing the pandemic’s global impact in our communities. A record number of people have applied for unemployment in America since March, and millions are still left jobless, behind on their bills or struggling to make ends meet. If you and your family have been financially hit during the COVID-19 pandemic, here are a few things you can do to help handle and overcome your financial stress.
Coronavirus Affects Federal, State, and Local Deadlines
Federal, State, and Local Governments have extended a number of deadlines amid the coronavirus pandemic. Here are just a few of the deadlines that have been affected.
EisnerAmper Wealth Management Corporate Benefits COVID-19 Market Check-In
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Paycheck Protection Program – CPAs & Business Partners
We have put together some helpful information regarding the Paycheck Protection Program as part of the Cares-Act. There are many great features for small businesses (those with under 500 employees). We understand that each business is different in scope, ability see revenue (any) over the coming months as we
Federal Student Loan Borrowers Get Expanded Relief in Cares Act
On March 27, 2020, Congress passed the CARES Act, the largest economic stimulus bill in the history of the United States, in response to the coronavirus pandemic.1 Included in the legislation are new rules for student loan relief that supersede the rules that were announced only a week earlier by the Department of Education.For more information on both sets of rules, visit the federal student aid website.
Coping with Market Volatility: Continuing to Invest May Help Your Stay on Course
In the current market environment, the value of your holdings may be fluctuating widely — and it’s natural to feel tentative about further investment. But regularly adding to an account that’s designed for a long-term goal may cushion the emotional impact of market swings. If losses are offset even in part by new savings, the bottom-line number on your statement
Cares Act Legislation Summary
On March 27, 2020, the Coronavirus, Aid, Relief, and Economic Security (CARES) Act (the “Act”) was signed into law. A portion of the Act is intended to loosen access to retirement plan funds for individuals impacted by the COVID-19 pandemic. The following is a summary of the retirement-related provisions of the Act:
Cares Act Provides Relief to Individuals and Businesses
On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. This $2 trillion emergency relief package is intended to assist individuals and businesses during the ongoing coronavirus pandemic and accompanying economic crisis. Major relief provisions are summarized here.
Investing Specialist a Checklist for Volatile Markets: Retirement Saver Edition
The standard “talking head” advice for volatile markets is to do nothing. And it’s true that when stocks are gyrating, a policy of benign neglect is invariably going to be better than running around making changes to your portfolio that you’ll regret once the dust settles. All too many investors have retreated to cash amid extreme market volatility, only to be left with an equally stressful question
Preparing for Medicare: Know when to enroll to avoid extra costs and penalties
By Robert Wasky, Medicare Planning Specialist
Sixty-five traditionally signifies retirement and the beginning of your eligibility to receive Medicare benefits. But the timing and process for enrolling will differ based on each individual’s situation. Sorting through your options may be time consuming and confusing, but worthwhile, as mistakes can be costly and last a lifetime.
INVESTOR INSIGHTS – SECOND QUARTER 2023
The first quarter of this year started with a bang. The S&P 500 was up 6.28% in January and if you followed the financial press there was a tremendous amount of optimism about the future. Then February hit us with reality…
INVESTOR INSIGHTS – FIRST QUARTER 2023
Well, that was not the year we wanted. For the full year 2022, indices were down as follows. The Aggregate Bond Index was down 13%, The S&P 500 was down 18%, The Small Cap S&P 600 was down 16%, EAFE was down 14%, Emerging Markets were down 19%. Clearly, traditional investing saw no place to hide.
INVESTOR INSIGHTS – SECOND QUARTER 2022
The last two newsletters urged caution in asset allocation because of the overpriced nature of equities. What we warned was that future returns would be minimal because the price of equities relative to any measure was as high as it had ever been.
INVESTOR INSIGHTS – FIRST QUARTER 2022
One year ago, it would have been hard to find analysts who were optimistic for the S&P 500 to be up 28.9% in 2021. The S&P 500 started 64 years ago and only 10 of those years have produced higher returns. Domestic small cap was also up significantly, 26.8%. The rest of the world did not fare as…
INVESTOR INSIGHTS – FOURTH QUARTER 2021
The S&P 500 is up 15.9% through September for the year. By any standard, we are having a great year and perhaps the market is suggesting more to come. The bond market, however, is suggesting a different story. The yield on the 10 Year U.S. Treasury is 1.55% as of this writing.
INVESTOR INSIGHTS – THIRD QUARTER 2021
What we have experienced in our equity portfolios thus far this year is welcome, consistent with our messaging and will be with us for a long time. Our Global High & Growing Dividend Equity Strategy is up 13.39% for the first six months while the S&P 500 is up 15.25% and EAFE is up 9.17%. The shift away from growth and
INVESTOR INSIGHTS – SECOND QUARTER 2021
We have been warning about the potential of rising rates and the impact of bond returns. The total return of a bond
portfolio is made up of two factors: the coupon and the appreciation or loss based on the change in coupon on a
similar bond over time. The 10-Year U.S. Treasury started the year with a yield of 0.91%.
HEDGING YOUR EQUITY EXPOSURE
The most common way to think about hedging is a strategy to reduce the volatility of equities. This is most generally
done by buying puts on one’s stock portfolio or by selling calls. The options market or the futures market can be
used to accomplish these hedges, and these markets are very efficient.
INVESTOR INSIGHTS-FOURTH QUARTER 2020
Why having a Framework and Principles is Critical for Investment Success When you compare the difference between the damage our shutdown has done to our economy and the damage it has done to our market indices, the contrast is dramatic. The two are as disconnected as we have ever seen them. Q2 GDP was negative 32% after being negative 5% in Q1, yet the stock market is hitting new highs.
INVESTOR INSIGHTS-SECOND QUARTER 2020
The Worst Quarter We Have Experienced Let’s start by reviewing the first quarter. The S&P 500 started the year at 3,257 and rose peaking on February 19 at 3,386. From there the market fell with only a few minor corrections hitting a low on March 23 of 2,237. In slightly more than one month, the index fell by one third and March finished as the most volatile month in the history of the index. It rose to end the quarter at 2,584.
No Pain, No Gain: Disciplined Investing Through Anxious Times
Last year’s strong global equity performance followed on the heels of a decade-long bull market, underscoring how far the recovery has come from the depths of the financial crisis. However, it may also explain some investors’ fears that we may be closer to the beginning of the next stock-market downturn than we are to the next period of exceptional gains. The recent trend of moderating global economic activity and growth has been another source of anxiety, contributing to a sense of unease among investors.
INVESTOR INSIGHTS – FIRST QUARTER 2020
The 2020s a New Decade
Let’s start with a review of 2019
2019 was the most surprising year in decades to most analysts. While it is true there were some analysts who suggested at this time last year that we would have positive returns in 2019, most analysts were cautious. The consensus was that while we may have positive returns, up 31% surprised everyone
INVESTOR INSIGHTS – FOURTH QUARTER 2019
Last quarter, we wrote about the dramatic rise of both the stock and bond market in the first six months of this year. The Barclay Aggregate Bond Index was up 6.0% and the Standard and Poor’s 500 index was up 18.5%
INVESTOR INSIGHTS – THIRD QUARTER 2019
The stock market is telling us the economy and our economic future is rosy. The bond market is showing us of slow growth ahead and perhaps a recession. Which one should we believe?
The Financial Numbers You Should Know
Many employees feel squeezed to both pay off their debt and save for their future. A recent Private Letter Ruling (PLR) opens the door for employers to help them.
INVESTOR INSIGHTS – FIRST QUARTER 2019
Let’s start with 2017. To understand 2018, at least the first part, a review of 2017 will help. The S&P 500 was up 21.8% in 2017 and every month experienced positive returns. Volatility was at historic lows as the biggest intramonth decline was less than 3%. There was anticipation of corporate and individual tax cuts as well as the loosening of regulations.
Recent Market Volatility
October has seen the return of market volatility, with the S&P 500 Index falling for six consecutive sessions through last Thursday, its longest losing streak in nearly two years. A combination of factors has led to this sell-off including fears of an overheating U.S. economy…
Why Portfolio Diversification Isn’t Dead In the Least
It is sometimes easy for investors to lose track of the big picture while focusing on the details. Few spend as much time worrying about their portfolio diversification and asset allocation as they do looking for winning…
GE Shows What Happens When Dividend Investing Goes Wrong
Although we cannot prevent market or dividend volatility from occurring, we definitely do remain focused on taking a consistent and disciplined approach when managing our strategy. An approach that helps you understand and be more confident that you will be “OK” in all market outcomes…
EA Comment August 1, 2019
Less is more? The Federal Reserve cuts short-term interest rates by 25 basis points and indicates that there could be more to come, if necessary.
In a much-anticipated move, the Federal Reserve reduced short-term interest rates for the first time since the financial crisis began over a decade ago. The decision by the FOMC was described by Fed Chair Jay Powell as, insuring against downside risk, and uncertainties from a weakening global economy, continuing trade tensions between the US and China, as well as persistently low inflation.
February 2022 Newsletter
The Retirement Times
ERISA 3(38) Fiduciary Services
By Michael Abate, Corporate Retirement Plan Specialist
Most companies and organizations’ human resources departments and C-suites are seeking efficiencies and risk mitigation for their entities. For those, and a myriad of…
A Reminder about the Changing Rules for Hardship Withdrawals
By Michael Abate, Corporate Retirement Plan Specialist
The opportunities to take in-service distributions from retirement plans are limited prior to age 59½. An exception is hardship withdrawals.
The requirements for hardship withdrawals are…
Corporate Benefits
Retirement Plan Fees
By Michael Abate, Corporate Retirement Plan Specialist
Retirement plan fees are complex. Between administration, investment management, recordkeeping, consulting, revenue sharing, sub-TA and 12b-1, it isn’t always clear to plan participants or plan sponsors exactly the purpose and value of all of these fees. It also isn’t clear as to who these fees are benefiting and…
Form 5500 Red Flags
Beware of the IRS and DOL: Four Red Flags They Seek on Form 5500
By Michael Abate, Corporate Retirement Plan Specialist
The Form 5500 is an ERISA requirement for retirement plans to report and disclose operating procedures. Financial professionals use this to confirm that plans are managed according to ERISA standards. The form also allows individuals access to information, protecting the rights and benefits of the plan participants and beneficiaries covered under the plan. Make sure you are compliant. Be aware of red flags that the IRS and DOL look for on Form 5500 filings:
2022 Retirement Plan Limits
IRS Limits on Retirement Benefits and Compensation
By Michael Abate, Corporate Retirement Plan Specialist
The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan has increased to $20,500.
The catch-up contribution limit for employees aged 50 and over who participate in these plans remains unchanged at $6,500. The limitation regarding SIMPLE retirement accounts for 2022 has increased to…
October 2021 Newsletter
Retirement Times
Fighting the FOMO of the Financial World
By Michael Abate, Corporate Retirement Plan Specialist
Regret aversion is a construct in behavioral finance theory that suggests investing decisions are, at least in part, driven by fear of later regretting a “wrong” choice. And this isn’t just some psychological mumbo jumbo. Functional MRI neuroimaging studies of the brain have demonstrated a biological correlate to…
September 2021 Newsletter
Retirement Times
When It Comes to Financial Wellness… the Time Is Now
By Michael Abate, Corporate Retirement Plan Specialist
While one could say it’s always a good idea to focus on well-being of any type — whether that’s physical, mental, or financial wellness — there’s perhaps never been a more important time to help employees improve their financial literacy, behaviors, and resilience than right now.
August, 2021
Generational Influences and Behavioral Finance
By Michael Abate, Corporate Retirement Plan Specialist
Understanding generational attitudes toward investing and the cognitive biases that can lead participants astray is key to helping employees of all ages improve their financial wellness and prepare for a secure and successful retirement.
July, 2021
Find Your Perfect Match Through Live-bid RFPs and Benchmarking
By Michael Abate, Corporate Retirement Plan Specialist
Finding the perfect provider match for your plan should be as easy as peanut butter and jelly. It’s also a fiduciary responsibility to ensure your retirement plan is charged reasonable fees by providers. As the prevalence of lawsuits against plan sponsors for allowing excessive fee charges continues to increase, the
May, 2021
Do you Send Participant Notices via Email? Should you?
By Michael Abate, Corporate Retirement Plan Specialist
The number of notices and disclosures required to retirement plan participants has increased while methods to access information changed drastically. Many individuals receive their news and information on electronic devices through apps and social media.
May, 2021
ERISA 3(21) and 3(38) Fiduciary Services for Retirement Plans
By Michael Abate, Corporate Retirement Plan Specialist
Business owners have a lot of responsibilities. One of the most nebulous may be their fiduciary responsibility for the selection of investment options within their company’s qualified retirement plan. While the Employee Retirement Income Security Act of 1974 (ERISA) guidelines identify
May, 2021 Newsletter
Retirement Times
ERISA Definitions and Financial Designations and What They Mean for Plan Sponsors
By Michael Abate, Corporate Retirement Plan Specialist
Plan sponsors and retirement plan committees are likely to encounter a myriad of industry-related naming devices and designations. It is important that they understand what each means in terms of
April, 2021 Newsletter
Retirement Times
Your Investment Policy Statement is Important to Us
By Michael Abate, Corporate Retirement Plan Specialist
The template Investment Policy Statement (IPS) is crafted by a team of ERISA attorneys and investment professionals. Throughout the years, our organization receives myriad versions of the template IPS as edited by a vast number of clients’ in-house counsel as well as ERISA counsel. The ERISA team takes the best of the ideas and incorporates them into a
March, 2021 Newsletter
Retirement Times
The Case for Investment Refresh
By Michael Abate, Corporate Retirement Plan Specialist
Investment refresh is an optional extension to automatic enrollment whereby participants would be notified that, as of a certain date, their current investment allocation will be transferred to the plan’s qualified default investment alternative
New Jersey Secure Choice Savings Program Act
A State Mandated Retirement Plan for Small Businesses
By Michael Abate, Corporate Retirement Plan Specialist
If you are a business owner with 25 or more employees, you are now faced with an obligation that was previously a personal business decision; but you don’t have to settle for the
December, 2020 Newsletter
Retirement Times
Post-Election Investment Commentary
By Michael Abate, Corporate Retirement Plan Specialist
Stock markets abhor uncertainty. Currently, investment prognosticators are interpreting the election results to create a relatively “stagnant” legislative environment. This opinion is based primarily on the Senate remaining in Republican control with the presidency Democratic.
2021 Retirement Plan Limits
IRS Limits on Retirement Benefits and Compensation
By Michael Abate, Corporate Retirement Plan Specialist
The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan has remained unchanged at $19,500.
November, 2020 Newsletter
Retirement Times
Election Year Investment Volatility
By Michael Viljak, Manager, Advisor Development
Election years, with their uncertainty and increased emotions, cause anxiety for investors. Certainly, there may be short-term market volatility around elections, but history suggests that over the long-term the economy and markets move higher regardless of election outcomes.
October, 2020 Newsletter
Retirement Times
To Rother or Not to Roth
By Michael Viljak, Manager, Advisor Development
Many Defined Contribution retirement plan participants are uncertain as to benefits of allocating their contributions to traditional vs Roth options. This is for good reason. There are two key major determiners as to the benefit of contribution to Roth:
May, 2019 Newsletter
Retirement Times
Four Ways to Increase Employee Retirement Contributions
By Michael Viljak, Manager, Advisor Development
As a retirement plan sponsor, you want your employees to save the most they can in order to reach their maximum retirement potential. A significant amount of research says that you can improve both employee participation and their saving rates. Here are four ways you can help your employees start building a confident retirement:
Repay Student Loans or Save in a Retirement Plan? Why Not Both?
Joel Shapiro, JD, LLM, Senior Vice President, ERISA Compliance
Many employees feel squeezed to both pay off their debt and save for their future. A recent Private Letter Ruling (PLR) opens the door for employers to help them.…
February, 2019 Newsletter
Don’t Let Student Debt Get In Your Way
Of Financial Success by Andy Harper
By Andy Harper
If you find yourself in a position of not being able to pay off your student loan debt and save for your future, you’re not alone. According to the New York Federal Reserve, more than two million student loan borrowers have student loan debt greater than $100,000, with approximately 415,000 of them carrying student loan debt in excess of $200,000.
Six Easy Steps to Keep Your Plan Assets Safe
Joel Shapiro, JD, LLM, Senior Vice President, ERISA Compliance
Cyber fraud is a growing concern globally. Individuals are typically very careful to keep their bank account and email authentication information safe, but they aren’t always smart with the rest of their personal information. Participants need to be vigilant…
March, 2019 Newsletter – Retirement Times
Department of Labor Issues Relief Guidance for Victims of California Wildfires
By Bill Tugaw, Senior Vice President, Governmental Plan Practice Leader
The U.S. Department of Labor (DOL) recently issued benefit plan guidance and relief for plans and participants affected by the 2018 California Wildfires. The DOL recognizes that plan sponsors and participants may be affected in their ability to achieve compliance with various regulatory requirements. The guidance generally applies to all parties involved in employee benefit plans located in areas identified by FEMA as disaster areas, listed here: www.fema.gov/disasters.
April, 2019 Newsletter – Retirement Times
Ten Reasons to Roll Over Into Your Plan Versus an IRA
By Michael Viljak, Manager, Advisor Development
Do you have employees in a prior employer’s retirement plan? Should they transfer these assets to a personal IRA or into your employer-sponsored retirement plan? Review the pros and cons of an individual retirement account (IRA) versus consolidating into the current retirement plan with your employees to help them make this decision.
Good Markets Conceal Risk, Bad Markets Expose Risk
Many business owners, while welcoming the current prosperous economy, are also aware that it may not last much longer. The Great Recession of not so long ago is still fresh in our minds. As the saying goes, ‘we must learn the lessons of the past’.
Just like the tides that come and go, so do market cycles. When the tide is in and water levels are high, what lies at the bottom of the waters is concealed. Similarly, a good market conceals the risks in a business. When the tide goes out, however, the troubles at the bottom can be seen and then need to be addressed.
Collaboration is Key to a Successful Exit
Any proper exit planning process will cover all aspects of an owner’s personal and business life. Even if the goal is to maximize the sale value to a third party or maintain the business as a lifestyle business, this exit planning process covers such a broad array of topics that it is impossible for any single, professional advisor to deliver on all of these topics and provide education and solutions for each. Collaboration must occur.
The “5 Year Exit Plan” Trap
Business Owners – Do you fall into the “5 Year Exit Plan” Trap? It is vital that owners see that the perpetual 5-year plan is not good for themselves or their businesses and that the natural tendency to delay the planning for an eventual exit may be costly to both you, your company, and the people who depend on your business for their livelihood.
Considerations for Your Illiquid Asset, Your Business
In today’s economy, many business owners are looking to cash in the value of their business because profitability and valuations are high. If your business is healthy and strong, it likely represents the most valuable asset / holding in your overall personal portfolio today.
Insuring Your Future Exit as a Business Owner
Business owners are risk-takers by nature. Interestingly, however, is the fact that these same owners are often-times not risk averse. What this means is that owners will assume risks in one area of their lives, but not necessarily work to mitigate risks in other areas.
Women & Wealth – Gaining Financial Confidence
The challenges facing women are greater today than ever before. Raising a family, balancing a career or caring for an aging parent all can often delay or sidetrack a financial roadmap. The following article speaks about these challenges and how we can take a more active role in shaping our financial lives and future.
How Does a Woman’s Longer Life Impact her Investment Strategy?
It’s no secret—women live longer than men. So in order to retire with the same level of comfort, women must save more to account for the extra years. But many women face challenges accumulating the funds they need to cover a longer life span.
What is a Family Business Succession Plan and Do I Need One for My Business?
August 19th, 2020
If you intend to pass your business on to the next generation, developing a business succession plan should be top of mind when considering the future of your company. Eventually, you will want (or need) to retire, but rather than waiting until that time comes to decide what will happen to your business, it is prudent to develop a succession plan early on.
4 Things to Know Before Adding Your Teen to Your Car Insurance
June 19th, 2020
Teenagers, getting that first car is a milestone – it serves as a symbol of maturity and independence. Nonetheless, most teens aren’t in the financial position to pay their own car insurance. But with teenagers aged 16-19 being the most likely to damage their cars, going uninsured isn’t an option. If your teen is approaching driving age, you may be preparing to add them to your car insurance. It’s important to be aware of these four things before you do so.
4 Yearlong Tax Tips for Retirees
June 18th, 2020
Whether you’re just easing out of the workforce or you’ve been in retirement for a few years now, making the right nancial moves is critical. If you’re working with an advisor or taking a look at your nances yourself, one central goal during retirement is protecting your wealth from unnecessary taxes. In many cases, there are ways to avoid owing more taxes – but usually, this requires proactive action beyond tax season. Below we’ll explain four tips you can utilize throughout the year to help minimize your tax obligations in retirement.
4 Areas of Your Estate Plan to Review in Light of COVID-19
May 20th, 2020
COVID-19 related restrictions are beginning to ease, many people continue to help slow the spread by staying home and self-isolating. There are still unknowns related to the pandemic and how it will play out, undoubtedly keeping us all on edge. Over the past few months, we’ve been forced to face fears of falling ill, losing a job, spending time alone, etc. With these anxieties weighing on your mind, it may feel as though there’s a sudden need to get your affairs in order, just in case.
Writing the Book of Legacy
By Chris Gibbons
Each of us believes we know ourselves, that we have a sense for the nature of our loved ones, and that we’ve identified a firmly formed picture of right and wrong. Perhaps above all else, each of us believes we are rational people and make decisions based on facts and not emotions.
Philanthropy & Taxes: Giving is Receiving
It’s fulfilling to give back. And in return, the IRS rewards philanthropists by allowing them a tax break for their humanitarian efforts. Your tax bill can be lowered by donating to certain qualified charities, such as religious organizations, American Red Cross, Goodwill, and any other charity that is…
Don’t Be A Statistic, Protect Your Identity From The Dark Web
Did you know that there’s a new victim of identity theft every two seconds? In 2017 alone, 1 in 15 people became a victim of hacker/security breaches, totaling to about 16.7 million people. Unfortunately, over 1 million of those who were affected were children…
A Private Island Could Cost Less Than Your Current Home
Buying a home in San Francisco could be more expensive than purchasing your own private island. Whether you’re looking for a new elite vacation spot or going off the grid, buying an island isn’t only for the uber wealthy. In fact, there are hundreds of islands on the market for sale, and some are even listed well below six figures…
The Financial Numbers You Should Know
Credit score, debt-to-income ratio, net worth. There are a lot of numbers you should know when it comes to personal finance. There are five major numbers you should know in order to understand your situation, and how to improve it…
Are You Checking Your Social Security Statement?
Americans have the ability to request their Social Security statement. This is an important piece of the retirement puzzle to be checking because you want to make sure your future benefits are actually reflecting what you have earned over your working life…
Millennials Are Planning For Retirement Decades Early
Contrary to popular belief, there is hope for the millennial generation – at least when it comes down to retirement savings. Studies have shown that the median millennial retirement fund increased by 400% from 2007 to 2017…
Tips to Help Stop the Robocalls
Sick of getting unsolicited calls from unknown numbers? I think we all are. According to the Federal Trade Commission (FTC), robocalls are the number one complaint by far…
Scudillo Featured in Financial Advisor Magazine
An article from Financial Advisor magazine published on February 24th featured Marc Scudillo discussing the Russian invasion of Ukraine and its effects on markets. While investors are not panicking over the invasion of Ukraine by Russia and the resulting market volatility, some have questions, according to advisors who discussed clients’ …
Featured in MarketWatch
A new op-ed by Marc Scudillo of EisnerAmper WMCB was just published in MarketWatch. In the article, “Opinion: How higher taxes on the rich could affect your investment and financial goals,” Scudillo encourages everyone to put the proposed tax increases into perspective, and make a plan to mitigate taxation if the increases will affect you.
Featured on Yahoo News
Marc Scudillo was recently featured on Yahoo News, AOL.com and GoBankingRates.
“Many investors look for the thrill in the investment process,” said Marc Scudillo, managing officer of EisnerAmper Wealth Management and Corporate Benefits LLC. “However, the gambler mindset is not an appropriate mindset for accumulating wealth in the long term.”
Scudillo and other financial pros agree that when it comes to investing, “boring” may be better.
Investment News Features Marc Scudillo
In a recent article in Investment News—”The Gates divorce: Lessons for financial advisers”—Marc Scudillo weighed in on the issue of how advisers should prepare for divorce between high-net worth couples.
Marc Scudillo Discusses Series I Bonds in Forbes Magazine
Marc Scudillo, managing officer of EisnerAmper Wealth Management and Corporate Benefits LLC, likes Series I bonds for conservative investors. “Buying I bonds can be an attractive college savings strategy option as an alternative or in addition to 529 plans, which also grow tax free for qualifying higher education,” Scudillo says.
