facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog external search brokercheck brokercheck Play Pause

Join our Mailing List



Latest From Our Blog

CARES Act:  Unemployment Benefits Thumbnail

CARES Act: Unemployment Benefits

The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides additional unemployment insurance benefits for workers impacted by the Coronavirus pandemic. Coverage has now been extended to cover more workers such as self-employed and independent contractors. For the next four months, eligible unemployed workers will receive an additional $600 per week, above and beyond the standard benefits. According to the U.S. Department of Labor:

Income Planning Insurance
Priorities for Organizations Reviewing Their Investment Plan Thumbnail

Priorities for Organizations Reviewing Their Investment Plan

Although the mission statement of organizations (such as endowments, foundations or not-for-profits) who manage funds for others (beneficiaries), can vary greatly, the need to responsibly manage the investments of the organization is crucial for the ultimate beneficiaries. Below are important priorities members should remember when reviewing their annual investments for their organizations:

Investing Baron Team
An Important Message from Baron Financial Group Thumbnail

An Important Message from Baron Financial Group

Dear Clients and Friends, We hope you have seen our recent post related to the Stock Market and COVID-19 (Coronavirus). We are here for you. If you feel it’s time to talk about your personal economy, we have several options available: Phone Calls, Video Conferencing and Emails. With everyone’s safety in mind, we would prefer to delay in-person meetings at this point. If needed, your Baron Team is capable of working remotely and can still be contacted. We can be reached by email at info@baron-financial.com or at 1-866-333-6659 to schedule a meeting via phone call or video conference. Or reach out directly to your team members. Stay healthy and safe!

Baron Team
The most common 1099-R Codes when filing your taxes - 2020 Thumbnail

The most common 1099-R Codes when filing your taxes - 2020

You will receive a form 1099-R if any money has been moved out of a retirement account. How much you will pay in taxes will depend on how the money is moved. You want to make sure any movement out of a retirement account is done properly, and the correct code is applied when you file your taxes. The code will appear in box 7 of the 1099-R.

Taxes
BFG at the ballpark: We say “Thank You” to Our Clients and Friends Thumbnail

BFG at the ballpark: We say “Thank You” to Our Clients and Friends

With spring right around the corner, Baron Financial Group hosted a client-appreciation event at the spring-training home of the Baltimore Orioles. The March 8th game versus the New York Yankees ended in a time game. This is our fifth year hosting a client event at Ed Smith Stadium in Sarasota, Florida. An extra special treat for our guests, and advisors, was a visit from the Oriole Bird!

Philanthropy Baron Team
The Importance of a “Trusted Contact” Thumbnail

The Importance of a “Trusted Contact”

Increasingly, we understand that there can be a need to have an additional person like a trusted family member or friend we can contact to ensure the well-being of a client. As we age, we may start to see that a person’s mindfulness and mental capacity diminishes. For some, early-onset dementia or other illness necessitates having a trusted contact in place at an earlier age.

Baron Team Insights
Coronavirus:  A Perspective on How it Affects “Your Personal Economy” Thumbnail

Coronavirus: A Perspective on How it Affects “Your Personal Economy”

First and foremost, our thoughts go out to the individuals and families who have been affected by the coronavirus. Our main concern is the health and well-being of our global community. During times of financial uncertainty, it’s often helpful to take a step back and identify what we know and what we don’t know, as well as what we can control and what we can’t control. These types of thinking exercises can help us make good decisions.

Investing Financial Planning Insights
Are You on Track for Retirement? Thumbnail

Are You on Track for Retirement?

If you are like many working Americans, you are in the middle stages of your journey towards financial independence. This is the time to redefine your financial path to ensure the steps you are taking are leading towards your desired destination. Although you may have several more years to go, it's time to begin coming up with specific and measurable retirement goals.

Financial Planning Retirement Planning
Tax-Identity-Theft Awareness  Thumbnail

Tax-Identity-Theft Awareness

It is always a good time to enhance online security and know what to do if you are a victim of tax fraud. In recognition of “Identity Theft Awareness Week”, held February 3rd – 7th, we thought it was particularly timely to re-post this blog, originally posted Jan 25th, 2018.

Taxes Baron Team