Binal Patel, Agent with New York Life

02/26/2024

Looking for a way to prepay your life insurance premiums while reducing your out-of-pocket costs? Lock in a 12% interest rate for the first year and 6% for subsequent years on a Premium Deposit Account to fund premiums for select life insurance products. Speak to me today to learn more.

01/29/2024

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.

01/25/2024

The new year is a great time to plan for your financial future. Here are five financial resolutions to consider for 2024.

Create some new financial resolutions for 2024, including getting a higher interest rate on your bank account, paying down student loans and more.

01/04/2024

It’s important to remember that taxes don’t stop once you’re retired, but you can take these steps throughout your working life to help minimize your tax obligations later.

Retirees can follow these simple guidelines to help manage their tax situation. Here's what you need to know about taxes in retirement.

01/02/2024

The Social Security overpayment problem worsened in October, now standing at $23 billion. Here’s how the Social Security Administration will try to recoup the overpayment.

The Social Security Administration will now have to try and recoup $23 billion in overpayments.

12/31/2023

The top four resolutions for people in the U.S. heading into 2024 are saving for a rainy-day fund, retirement, their kids’ education and a big purchase, according to a survey by the USA TODAY Blueprint. Learn what else the findings revealed.

Americans report fiscal optimism and plans to save cash in 2024.

12/15/2023

These 10 financial habits can hurt your retirement savings and cause you to fall short of your retirement goals.

Today’s financial climate is making retirement planning more crucial than ever. As talk of inflation, rising interest rates, and a possible recession hit the news, would-be retirees or retirement planners...

12/13/2023

The Federal Reserve is going to shock investors next year by aggressively cutting interest rates amid a slowing economy, according to UBS. Learn how this cut will affect retail spending, the unemployment rate and more, in this article.

"We expect substantially slower growth in 2024, a rising unemployment rate, and meaningful reductions in the federal funds rate," UBS said.

12/11/2023

J.P. Morgan’s David Li shares the importance of financial education and why it’s important to teach children the concepts of delayed gratification, saving, and being thoughtful about sharing with loved ones.

Saving money was a lesson J.P. Morgan’s David Li learned from his parents while growing up in Cambridge, Mass. "I came from very humble beginnings," said Li who immigr...

11/05/2023

Looking for life insurance that's versatile and flexes as your needs change? See how the customizable options in our term life insurance can help you meet both short- and long-term goals. https://nyl.co/3QifyOQ

10/29/2023

Wanna start the day off right? Give me a call and let me show you how you can get $ 1 million of dependable term life insurance for less than your daily cup of coffee.

Discover how term life insurance from New York Life can protect you, and learn about converting to permanent coverage such as whole life insurance.

10/28/2023

This article explores the New York Federal Reserve’s weekly economic index data and highlights fluctuations in the economy and small business optimism.

The New York Federal Reserve produces a Weekly Economic Index which follows changes in a large number of important economic data series.