Lenox Insights


Stephen P. Polizzi, CFP®, CRPC,
Financial Planner
June 28th, 2017 | 12:51 PM
When Jane decided to make a career change and resign from her employer of 20 years, it wasn’t without much consideration. This included meeting with her financial advisor. Noting the sizable balance in her 401(k) plan, he said it was important to effectively manage this retirement nest egg.
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Jonathan Wittlin, CPA®, CFP,
Head of Financial Planning
June 7th,
 2017 | 12:16 PM
Do you know if you’re likely to be subject to the alternative minimum tax (AMT) — and what actions can trigger it? If not, you need to find out so that you can consider taking steps to address potential AMT liability. READ MORE>>

Chad Jaffee, CFP®, Financial Planner
May 24th, 2017 | 4:05 PM
Anticipating “what-ifs” is one of the major responsibilities of business owners: “What if we don’t get the loan?” or “What if we lose our biggest account?” here’s another one: “What if a
co-owner dies, becomes disabled or retires?”
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Emily Ciotoli Smith, CFP®, Financial Planner
May 3rd, 2017 | 2:05 PM
Even though software developer Josie held several patents and copyrights, it never occurred to her to include them in her estate plan — until her estate planning advisor raised the issue. He explained that these intangible assets can be highly valuable and that anyone who owns intellectual property (IP) needs to decide how they want to pass the assets to their heirs.  READ MORE>>


Stephen P. Polizzi, CFP®, CRPC, Financial Planner
April 12th, 2017 | 12:51 PM
As you approach retirement, your priorities must change. Certainly, compiling a sufficiently large nest egg remains important, but now you must focus more on preserving what you’ve accumulated and generating income to meet day-to-day expenses for the rest of your life  READ MORE>>


Thomas J. Kavanagh, CFP®, Financial Planner
March 29th, 2017 | 12:05 PM
Data security becomes more important each year. At least once a year we encourage our clients to ensure they are taking appropriate steps to mitigate the risk of identity theft and other issues related to loss of personal information. READ MORE>>



Stephen P. Polizzi, CFP®, CRPC, Financial Planner
March 8th, 2017 | 02:32 PM
Keep in mind the following retirement plan deferral limits for 2017: 401(k) Plans: The contribution limit remains unchanged at $18,000. The catch-up contribution limit for those ages 50 and over also remains unchanged at $6,000. Note that with many 401(k) plans, the catch-up contribution is an active election which must be made annually. Keep in mind that some programs also allow you to make additional non-deductible contributions up to the defined contribution plan limit.  READ MORE>>



Jonathan Wittlin, CPA®, CFP, Head of Financial Planning
February 22nd,
 2017 | 10:05 AM
The nation’s tax system has been largely in a steady state for several years, but that may change in 2017. Republican control of the Presidency, House, and Senate opens the door for significant change, however, what that change may look like is anybody’s guess at this point. It is still too early to know what President Trump will officially propose and most of the chatter around his policy is based on various strategies he promoted throughout his campaign.
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