The US Treasury took an amazingly positive action (can you believe it?). They decreed that any investor can assign their 2024 RMD (Required Minimum Distribution from a 401(k) or IRA) to a qualified 501(c)(3) charity, allowing the investor to avoid declaring their RMD as income—potentially preventing them from jumping into higher state and federal tax […]
Inheriting money, especially during a loss, can be overwhelming, with so many emotions to process. On average, people inherit around $46,200 in their lifetime, though that figure can vary widely depending on your family’s estate. Although inheritance may offer a sort of financial support for some, receiving a large sum of money while still mourning […]
In this episode of Meet the Expert, Elliot Kallen interviews Rick Kostick, CEO of 100% Pure, a leading natural beauty brand. They discuss Rick’s entrepreneurial journey, the challenges of building a vegan beauty brand, and how he navigated through key business pivots, including the shift to direct-to-consumer sales during COVID-19. Discover insights on core competencies, […]
In this episode of Meet the Expert with Elliot Kallan, we take an inspiring dive into the entrepreneurial journey of Dave Groff, President of WebstaurantStore, a business that went from startup to a multi-billion-dollar company in just over a decade. If you’re an entrepreneur, leader, or business owner looking for insights on leadership, growth, and […]
In this episode of Meet the Expert with Elliot Kallan, we dive deep into the evolution of inventory management with Frank Nardi, Chief Revenue Officer at CIN7, a leader in AI-driven inventory solutions. If you’re a small or mid-sized business owner in growth mode, struggling with efficient inventory management, or seeking ways to optimize logistics, […]
Arguably, winning the lottery is everyone’s dream. With the odds of hitting the Powerball at approximately 1 in 292 million and the Mega Millions at around 1 in 302 million, it’s clear that you’re more likely to become President of the United States or be struck by a meteorite than to hit the jackpot. The […]
In this episode of “Meet the Expert with Elliot Kallen,” we explore the critical intersection of public, private, and nonprofit sectors. Our guest, Lisette Nieves, President of the Fund for the City of New York, discusses the challenges and innovations within the nonprofit world, particularly how capital in nonprofits is leveraged to drive social impact. […]
The thrill of victory, the rush of adrenaline, lavish lifestyle, hefty paychecks: isn’t this kind of athletic success still a dream for many? Contracts worth millions or those endorsement deals can change one’s life overnight, but only those who make it to the top with their hard-core efforts. But let’s have a reality check: earning […]
“Investing is a lifelong process.” Whether you realize it or not, from the moment we start saving for our favorite toy, dollhouse, or smartphone, we’re already taking the first steps in a lifelong process of managing our money. This journey is called life-stage investing. It’s a concept that recognizes how your financial needs, goals, and […]
It’s a common question we get as financial professionals: what are the financial advantages of getting married? When two people decide to tie the knot, it’s often seen as the start of a new chapter filled with love, partnership, and shared dreams. However, marriage can have a big impact on a couple’s financial situation, especially […]
