Financial Literacy, LLC

09/29/2025

Many non-spouse beneficiaries cash out inherited annuities—and pay the tax price. Stretching distributions can ease the tax hit and keep more of your assets working. At New York Life, we strive to simplify the annuity conversation. Let’s talk, I’ve got resources that can help explain.

09/27/2025

Benefits and pitfalls of buy-sell agreements every advisor should know
Business entities come in all shapes and sizes, but no matter the type, each one should have a buy-sell agreement in place. This important tool helps business owners effect a smooth transition in the event of death, disability, retirement, or other circumstance that triggers a change in ownership. Read this article by Rimon, PC estate planning attorney Patricia Annino to learn about the benefits and pitfalls of buy-sell agreements, and then let’s look at how you can help your clients better protect their businesses.
https://bit.ly/3VDtTIJ

09/24/2025

Dealing with the loss of a loved one is already difficult enough. The SECURE Act also changed many of the rules for IRA beneficiaries. Not sure where to start? Send me a message—I can walk you through the changes and help you avoid costly mistakes.

09/22/2025

Tony Malloy, New York Life’s Chief Investment Officer with 35+ years of financial experience, calls whole life insurance “an incredibly versatile and valuable financial product.” From tax-deferred cash value accumulation to stability through market cycles, his insights are a must-read. Read the Q&A with Tony Malloy here.
https://nyl.co/4mqyE3e

09/20/2025

The Importance of Buy-Sell Agreements
A buy-sell agreement is a powerful planning tool that can ensure a smooth transition of your business and help secure your family's finances after you're no longer around. A buy-sell also can outline the terms of succession among the remaining business partners, so that everything is settled in advance. Learn more in this article from Rimon, PC estate planning attorney Patricia Annino and then let’s make sure you are set up to protect both your business and your family’s future.
https://bit.ly/3K9SSRr

09/17/2025

How can IRA owners support their favorite charity and still receive lifetime income?
IRA owners who want to support a specific charity but also like the idea of receiving a lifetime stream of steady payments can now do both, thanks to a new law described in this article from law professor Chris Hoyt. Learn how donors can retain income from donated funds while ensuring future support for their chosen causes and take full advantage of this evolving landscape of charitable giving options. https://bit.ly/4nAmSnY

09/15/2025

If you’ve changed jobs over the years, you may have left behind a 401(k) or other retirement plan account. The U.S. DOL’s Employee Benefits Security Administration has created a tool https://bit.ly/4mhLn8q to help you find it. If it turns out that you are owed a retirement benefit and want help reviewing or deciding what to do next with those funds, I’m here to walk you through your options.

09/13/2025

Many people don’t realize they may have retirement plan accounts sitting untouched from a past job. The free U.S. DOL Retirement Savings Lost & Found site: https://bit.ly/41Q7JXl may help you find out. If it turns out that you are owed a retirement benefit, those funds can still be used to support your future. Let’s talk through your options, from rollovers to how these funds might fit into your bigger retirement picture.

09/11/2025

We remember and honor the lives lost on September 11, 2001. Their legacy lives on in our hearts and actions.

09/10/2025

Market volatility and economic uncertainty can present financial risks in retirement. Let’s talk about creating retirement income to help mitigate these risks.

09/08/2025

There are no mulligans in golf or retirement. Our goal is to make annuities easy for you and your clients. Talk to me about solutions that can help you get it right on the first swing.

09/06/2025

Are investors truly moving away from U.S. assets? Or just adjusting to a new global landscape? New York Life Investments’ Global Market Strategy team digs into the latest Treasury auction results, a weakening U.S. dollar, and rising global diversification trends to uncover what’s really driving capital flows.

From diverging interest rate cycles to policy uncertainty, the first half of 2025 shifted private markets. Lauren Goodwin and Sarah Hirsch share their outlook across private markets asset classes and highlight where investors may find resilience and long-term value.