Sona Mnatsakanyan, Financial Services Professional

02/13/2024

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.

02/08/2024

For employees, work is about more than just a paycheck. Provide them with valuable financial protection from New York Life. Watch this short video below to learn about our employee benefit products.

Provide financial protection for your employees through a benefits package. Learn about employee benefits for small business and other New York Life services.

02/06/2024

Traditional insurance can be a great way to protect your loved ones, but when it comes to building cash value, maybe it’s time for a new approach? Learn how our accumulation-focused life products are designed to help you build more tax-advantaged wealth sooner.

Grow your wealth while investing in your future with Accumulation Life Insurance from New York Life. Secure Wealth Plus and Market Wealth can do just that.

09/13/2023

This article explores how you can reach your college savings goals for your children and grandchildren with a flexible, tax-advantaged 529 plan.

If you’re looking to save money for your child’s education, consider a 529 plan. A 529 plan allows you to make tax-free withdrawals to pay for qualified education expenses, such as college tuition and fees. What Is a 529 Plan? A 529 plan, also known as a qualified tuition plan, is a tax-advantag...

03/09/2023

A 529 college savings plan can offer a tax-advantaged way to pay for a loved one's education. However, there are rules to follow to maximize its benefits. Click the link to learn more.

Learn more about 529 plan contribution plans and withdrawal rules with help from New York Life. Prepare for your educational future today.

06/09/2022

How can TAX Diversification strategy affect your income? Here is a very simple example of the same $100k income a year with and without diversification.

WHAT YOU DO TODAY, CAN LOWER TAXES TOMORROW!

It’s not what you make, but what you keep!!!

Let’s get started! 💰 😉

06/01/2022

Do you have some saved money? Don’t want to take any risk? Just guarantees? This can be an option for you!

10/29/2021

08/03/2021

My beautiful Armenia ! 🇦🇲

Forbes names Armenia among 7 impressive destinations to visit
➖➖➖
Forbes España has included Armenia in its list of seven impressive destinations that can be visited despite Covid-19, after a forced abstinence from travel in the past 15 months.

The publication recommends visiting the country to enjoy the famous Armenian cognac, which it says gives off a flavor of nuts, spices, dark chocolate and vanilla. The secret lies in its production, through local grape varieties with unique properties, thanks to the microclimate of the Ararat Valley, and an ancient method of double distillation and aging in oak barrels.

"The cognac tasting experience is flavored with stories and legends such as the one that says that during the Yalta conference, USSR's Joseph Stalin offered Winston Churchill a glass of Ararat, and that the British leader loved it," the article says.

Foreigners can travel to Armenia with a negative PCR test taken up to 72 hours before the trip.

Also among Forbes' recommendations are Malta, Namibia, Ecuador, Ireland, Georgia and Bolivia.