Gifting to children and grandchildren using a Roth account or 529 plan for college

Best Ways to Financially Give to Children

Tis the season for giving, and who else is on your mind then your children and grandchildren (or nieces and nephews).  As a reminder, each person can gift to another person $14,000 in 2013 without tax consequences.  So a couple can gift $28,000 in total to each child.  There’s no one-size-fits-all answer: The right choice […]

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IRS requires IRA withdrawals called RMD's - required minimum distributions

Required Withdrawals for Seniors (RMD’s)

Millions of Americans take advantage of the tax-deferred vehicles offered by the tax code in order to save wisely for their future.  These plans include 401(k) and 403B plans and individual retirement accounts or IRA’s.   Individuals can save pretax into these tax-deferred retirement savings accounts and the money can grow tax-free.  However most realize that […]

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1st day of school - life cycles of children leaving the home

Reflections of Time Passed

Today is my last first day of school and like many endings, this one is a bit hard to swallow.  For the past 21 years, the first day of school has brought great joy for me as my girls headed off filled with excitement and trepidation.  The ritual of taking pictures with their fingers holding […]

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Happy Thanksgiving

Happy Thanksgiving 2013!

What are you thankful for? Thanksgiving is one holiday that is difficult to dislike.  You do not need to stress over whether or not your loved ones will be happy with the gifts you picked out.  The biggest stress factor is whether or not the turkey will turn out perfectly.  And it usually does.  It […]

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collective knowledge of stock market participants are similar to everyone guessing how many jelly beans are in the jar.

How are stock prices determined?

This is a video post created by our partner Dimensional Fund Advisors (DFA) .  As a NJ DFA advisor, we are strong believers in the DFA investment philosophy and wrote about the reasons in this post:   In this 2-1/2 minute video, DFA explains how security prices are set—and change—based on the collective knowledge of buyers […]

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Should you purchase IPO stocks like Twitter

Consider the Tweet?

Social media company Twitter had their initial public offering (IPO) on November 7, 2013 under the symbol TWTR.  An IPO is where a private company makes their shares available to the public for the first time.  This well-recognized seven-year old unprofitable company with over 232 million monthly active users was hyped leading up to the […]

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Investing despite the dealings in Washington DC. Washington DC Budget crisis

Dancing on the US Debt Ceiling

This is a guest post from Jim Parker who works for our partner Dimensional Fund Advisors (DFA) in Australia.  Even living “down under”, he hears and discusses the current Washington crisis. Investors have grown weary with the periodic debt showdowns in Washington, each one miraculously resolved at the 11th hour. Some are asking whether they […]

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Why should you bother with financial planning. Secure an independent retirement with your dignity.

Securing Your Independence and Dignity

By failing to prepare, you are preparing to fail. Benjamin Franklin (1706-1790) American statesman, scientist and philosopher. What is the benefit  for taking the time to envision and plan for the future you desire?  That is what each prospect consciously or subconsciously thinks about before they meet with us. While the answer to that question varies […]

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Crimmins Wealth Management is having a lunch seminar. Discussing benefits of working with a fee-only financial advisor.

Clarifying Your Retirement Presentation

At Crimmins Wealth Management, we use this blog as an opportunity to promote and educate people on various financial topics and concerns as well as highlight our own services as a fee-only financial advisor.  It has also allowed us to share our personal story on why we do what we do and how you can […]

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The world continues to get smaller. Outsourcing is available to all of us.

Global Talent Available to All

The world is getting smaller all the time.  This idea was highlighted after we hired a programmer from Romania to update our website recently.  That is right – a young man in the former Communist country of Romania located at the intersection of Central and Southeastern Europe, bordering on the Black Sea .  Far away from […]

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