Pat McLaughlin, Licensed Agent with New York Life

03/18/2024

It may feel like the IRS taxes most of your hard-earned money, but some types of income are nontaxable.

03/18/2024

The time is now to prepare for retirement

We all dream of a fulfilling retirement – relaxing, pursuing passions, and spending more time with the ones we love. It’s all too easy to put off planning for it. However, the sooner you start, the better off you’ll be. As a New York Life agent, I have the tools and resources to help you do just that. The time is now to build on the promises you made and get on the right track toward that retirement. Please reach out and let’s connect. Working together, we can do this.

02/26/2024

Starting this year, unused funds in 529 education savings plans can be converted into a Roth IRA, but you’ll need to know the fine print of the process. Here are the details on converting and what else you need to know.

Here are the details on converting a 529 plan to a Roth IRA.

02/26/2024

With a new child, your taxes will get more complicated. But you may qualify for some of the new tax credits and deductions. Here’s what you need to know for the 2024 tax season.

Had or adopted a child in 2023? What new parents need to know about tax credits and deductions. Importantly, the enhanced Child Tax Credit went away in 2022.

02/19/2024

If you’re a Social Security beneficiary or planning to apply this year, several key changes can affect what you receive and how you qualify.

These Social Security changes in 2024 will change how much you get paid and how you qualify.

02/19/2024

In the event of a disability, two-income households are 10% more likely than married couples with a single income to file bankruptcy due to higher fixed expenses*. Learn how you can protect your family’s standard of living by adding individual disability insurance to your plan. *The Two-Income Trap: Are Two Earner Households More Financially Vulnerable?, Center for Economic Studies, June2019

Read how an individual disability insurance policy from New York Life can offer personal income protection in the event of a disability.

02/08/2024

We’re a proud supporter of month in February. The truth is, the next time you struggle with saying “I love you,” you can show them how much you care with life insurance.

Each decade brings new milestones, but the advantages of having life insurance remain at every age.

02/08/2024

Cards and candy can be a great way to tell someone you love them, but the best way to show them is by providing reassurance and stability. This , show your loved ones you're in it for the long haul and learn why life insurance is the best way to say, "I love you".
https://nyl.co/3w9dX7J

02/01/2024

Even presidents know that great leadership means making good decisions not just for your country, but for your loved ones as well. Learn which U.S. presidents have been New York Life policy owners, and reach out when you're ready to be the commander in chief of your family's financial future.

These presidents were insured by New York Life

02/01/2024

Tax diversifying strategies can help retirees during economic volatility by offering protection from inflation and market downturns. Learn more, in this article.

Retirees face unprecedented economic volatility, making it more critical to consider tax-free investment options for their retirement savings.

01/22/2024

Starting a family, saving for college, preparing for retirement—no matter where you are on your financial journey, the right time to start planning is now. I've helped countless people get on the right track to reach their goals. Don't let wasted time steer you off course. Reach out, and let's come up with a strategy together.

Whether you're getting married or planning for retirement, safeguard your financial future through every phase of life with New York Life.

01/22/2024

Financial security and retirement planning experts provide answers to important topics to help you plan for your golden years, such as caregiving, social security, and preparing younger generation for retirement.

There are many factors to consider when planning for retirement and calculating financial security, but one factor rarely gets the attention it deserves: caregiving. According to the TIAA Institute, one in five adult Americans provide uncompensated care to loved ones. This care typically requires 24...