On April 6th, President Biden announced that the U.S. Department of Education was extending the pause on student loan payments until August 31st. The pause was previously scheduled to expire on May 1st. According to Studentaid.gov, the pause includes the following assistance measures:
Many clients have been asking us about Series I Savings Bonds. Here are some details that you need to know to determine if I Bonds are right for you - they are typically best for someone who has additional savings, which they feel they may not need for the next 1-5 years.
We believe that all clients and prospective clients need to understand the way their financial advisor or potential advisor operates as a firm. We interviewed our Baron Advisors, Victor Cannillo, Anthony Benante, and James Suazo, to ask them some important questions:
Baron Financial Group is proud to have been honored at the SCARC (Sussex County Arc) Foundation Honors Awards Gala, which took place on Wednesday, March 30th at Perona Farms in Andover, NJ. The SCARC Foundation’s mission is to raise funds that will support the services that SCARC, Inc. and SCARC Guardianship Services, Inc provides to individuals with developmental disabilities.
The Five Star Wealth Manager award, administered by Five Star Professional, recognizes professionals in the financial services industry who are committed to excellence. Baron Financial Group is proud to announce that Advisors Anthony Benante and Victor Cannillo are recognized as 2022 Five Star Wealth Managers in New Jersey.
James Suazo, ChFC®, is quoted on this topic, answering a reader’s question on NJMoneyHelp.com by Karin Price Mueller, “I have an inherited IRA. How soon do I have to take distributions?”, originally published on November 30, 2021. If your inherited IRA falls under the 10-year rule, the IRS has clarified the rule in their publication 590-B...
We are proud to announce that James Jacob Suazo, ChFC®, of Baron Financial Group, has recently earned the Chartered Financial Consultant® designation. James is fluent in Spanish and helps clients with their investment and financial planning needs. Additionally, he researches and implements technological improvements within the field of financial planning and cybersecurity so Baron can continuously deliver quality services to their clients.
The Social Security Administration (SSA) announced on October 13, 2021, that it will be increasing Social Security (SS) and Supplemental Security Income (SSI) benefits by 5.9 percent in 2022. This cost-of-living adjustment (COLA) will begin for 64 million SS beneficiaries in January 2022 and for approximately 8 million SSI beneficiaries, on December 30, 2021.
This year we are pleased to award a Baron Financial Group scholarship to two deserving graduates from the Fair Lawn High School Class of 2021 who are continuing their education in a business program – Sydney Gold and Jason Chenu. Continuing our commitment to education and to supporting our future business leaders, Baron Financial Group is proud to help these deserving students further their education.
On this 20th anniversary of the terrorist attack on September 11, 2001, we remember and mourn the victims of 9/11 – those that perished and those that survived the unthinkable. We also honor the brave men and women, the first responders, who put their lives on the line to save others. We remember and mourn FDNY Firefighter Frank Anthony Palombo, beloved father of Maria Suazo and father-in-law of James Suazo, a member of the Baron Financial Group Team. May their memory be for a blessing.
There are always concerning headlines, disappointing economic results and fears about the future. This is exacerbated by the financial media, which is why I always advise investors to turn it off; ignore it. And if you just can’t help yourself to look, at the very least do it with the correct lens. That lens is that the media is all about getting you to click or tune in. Whether times are good or bad, the media often will portray things ...
The Federal Trade Commission (FTC) provides some useful tips to avoid Coronavirus-related scams, including testing and vaccine scams: