There are documents that need to be reviewed periodically to ensure they are up-to-date. These can include estate documents, account beneficiaries, trusted contact forms and others. Please review your designated beneficiaries and trusted contacts to make sure they are still your preferred choice, or to see if their contact information has changed. Please let us know if you need to update us with new names and/or contact information.
Excerpt: Happy Women’s History Month! In honor of Women’s History Month, we are spotlighting Lucy De Robertis, a Client Relationship Specialist at Baron Financial Group. At Baron, we understand the importance of women taking control of their finances and have experience providing financial guidance to women at different stages of life. Through our Financial Life Planning process, we are here to help answer the questions that don't always fit onto an investment statement.
As you start to compile the documents you need for filing your tax return, it might be helpful to reference our flowchart below in determining what documents are needed. It is important to wait for all of your tax documents to arrive before filing, especially if you are thinking of filing your taxes early this year. Keep in mind the following:
The start of a New Year is a good time to share our financial checklist. Here are some priorities for you to review, plan for, and update in 2026. As Financial Advisors, we are dedicated to educating our clients and our community about the importance of their financial health. We hope you find this checklist helpful! You can download the checklist here:
Victor Cannillo, a Wealth Manager/Partner at Baron Financial Group, is quoted on this topic, answering a reader’s question on NJMoneyHelp.com by Karin Price Mueller, originally published in October 2025:, “I’m divorced. How do I make sure my money is in the right place?” To help you navigate your post-divorce financial life, we would recommend working with a Registered Investment Adviser (RIA).
What 5 things should you be thinking about at the end of the year when it comes to your finances? 1. Review your personal budget and commit to a savings plan for 2026. 2. Review your long-term investment strategy...
The Social Security Administration (SSA) announced on Friday, October 24, 2025 that it will be increasing Social Security (SS) and Supplemental Security Income (SSI) benefits for 75 million Americans by 2.8 percent. This cost-of-living adjustment (COLA) will begin for more than 71 million SS beneficiaries in January 2026 and for more than 7.5 million SSI beneficiaries, on December 31, 2025
Medicare is health insurance for individuals who are 65 and older, under 65 with certain disabilities, or those who have End-Stage Renal Disease (ESRD) or Amyotrophic Sclerosis (ALS). The Medicare annual open enrollment period for the 2026 Medicare Advantage and Part D prescription plans begins Oct. 15, 2025, and runs through December 7, 2025. You can change your Medicare Advantage and Part D plans without special enrollment requirements. Should I change my Medicare coverage during open enrollment?
If you are thinking about retirement, we strongly suggest you plan ahead and consider what your retirement needs and goals will be and what financial resources are available for you to support your anticipated lifestyle. Here are Baron's suggested top ten priorities when planning for retirement:
As part of the “One Big Beautiful Bill Act” (OBBBA) that was signed into effect on July 4, 2025, there are several “clean energy” tax credits that will expire. Please see below some deadlines to be aware of if you were considering any of these purchases and/or improvements.
Baron Financial Team Answers Questions About “Your Personal Economy” - the aspects of your financial life that are unique to you. Presented by Victor Cannillo, NAPFA-Registered Financial Advisor. Today’s video answers the question, how do I create an income stream in retirement? We are going to cover three common income resources that may be available to you in retirement. View or listen to our video to learn more.
There are important questions at certain ages that you should keep in mind on your journey. Your options for Retirement and Financial Planning need to be given very serious thought and examination. You need to identify your goals, explore your options, and test for the unexpected. Am I OK financially? Can I live the lifestyle that I want in retirement?