Stephen Cymbal, Financial Professional, Equitable Advisors, LLC

03/23/2023

I am proud to be a part of the #1 Branch in the Country for 2022! Our team's hard work and dedication are truly admirable, and this achievement is a testament to our commitment to helping our clients. Here's to continued success in the years to come!

03/17/2023

It’s important to consider tax-advantaged strategies that help you invest smarter while you’re saving for retirement and can help you potentially increase your income once you get there.

There’s smart…then there’s tax-smart

03/13/2023

We are officially moved in!

03/10/2023

Retirement planning can be a daunting task, especially in an age of volatility. With an uncertain economic landscape and complex investment strategies, it is more important than ever to have a comprehensive retirement plan in place. Follow me to learn more about planning for retirement.

03/06/2023

It’s natural to want to help your child pay for higher education. However, before cosigning a loan, it’s a good idea to have an honest conversation about the costs, what you can afford and expectations for when they assume any remaining debt. This article discusses things to consider before cosigning a student loan. I’m available if you want to review your finances or discuss a plan of action.

With the current costs of higher education many parents are faced with the prospect of having to cosign on their child's student loan.

03/03/2023

With the passing of the Setting Every Community Up for Retirement Enhancement (SECURE) Act, the retirement landscape, and ways individuals can save for retirement are set to change dramatically in the coming years. In addition to the great resource below that has an expanded list of changes with this legislation, I’ve highlighted a few key provisions to keep in mind:

Beginning in 2023
• The lifetime required minimum distribution (RMD) beginning age increases to 73 for an individual who attains age 72 after December 31, 2022.
• The excise tax for missed RMDs is reduced from 50% of the shortfall to 25% of the shortfall, and potentially further reduced to 10% if timely correction is made.
Beginning in 2024
• Subject to certain limitations, there is an additional new exception to the pre-age 59½, 10% penalty tax for early distributions up to $1,000 used for emergency expenses.
• Beneficiaries of college savings 529 plans that have been open for over 15 years are allowed to roll over up to $35,000in their life from a 529 plan to a Roth IRA, subject to Roth IRA annual contribution limits and other conditions.
I can help review your portfolio and offer ways in which we can more appropriately plan for these changes and situations that may come up in the future. Contact me today to learn more!

03/01/2023

In 2022, I learned that the better I can take care of myself, the better I can help others. Be sure to take care of yourself in the craziness of life.

02/27/2023

Click below to check out resources to help you understand and navigate today's market and economic landscape.

Getting ready to retire? You’ll need a retirement budget. BlackRock guides you through several expenses to consider when estimating your retirement spending.

02/24/2023

Check out the LPL's Market Signals Podcast "Markets Get a Mix of Good Enough and Too Good: The Market’s Positive Reaction to Soft Earnings Season".

LPL Research discusses last week’s key economic events, international equities, and the market’s positive reaction to soft earnings season. Learn more.

02/20/2023

We are moving! Stay tuned for more details to follow.

12/21/2022

Sending lots of warm wishes on this first day of winter!

11/24/2022

Happy Thanksgiving! We are thankful for your business and ongoing support, especially throughout these challenging times. Wishing you a wonderful holiday spent with family, friends and enjoying great food.