Insights

Seeds and Harvest, Basics of Traditional and Roth IRAs

Friday, November 03, 2017 Joseph M. Prisco Jr., JD, CFP®

With 2017 coming to an end and tax filing deadlines shortly thereafter, now is a great time for you to brush up on your knowledge of IRAs. In addition, this can serve as a reminder to review your personal IRA’s status in light of the basic IRA contribution and distribution rules as seen below. ..

Catastrophe Preparedness

Friday, June 23, 2017 Joseph M. Prisco Jr., JD, CFP®

Dear Friends and Clients,

Hopefully this finds you well.  With hurricane season underway, I write to you about a topic that is both timely and important.  Included with this letter [sent regular mail to clients] is information that may be helpful should a potentially catastrophic event occur.  ..

Retirement Annuities: Decoding an Enigma

Friday, June 23, 2017 Joseph M. Prisco Jr., JD, CFP®

“A riddle wrapped in a mystery inside an enigma.” That’s Winston Churchill describing Russia in 1939. It is also how many would describe retirement annuities today. Here are the keys to understanding them.   ..

Lagniappe and Your College Savings Tax Shelter. Qualified Tuition Programs under IRC Sec. 529.

Wednesday, February 22, 2017 Joseph M. Prisco Jr., JD, CFP®

Known more commonly as college savings accounts, 529 accounts, or 529 higher education plans, these are popular accounts that parents should be familiar with, especially when they come with additional benefits. In Louisiana, where I’m based, a little something extra is known as “lagniappe” (pronounced lan-yap).  ..

8 Crucial Items You Need to Know Before Rolling Over Your 401(k) or Company Sponsored Retirement Plan

Wednesday, November 16, 2016 Joseph M. Prisco Jr., JD, CFP®

Your decisions when you retire or change employment status is crucial to optimizing your retirement plans. ..