Financial Advice for Recent College Graduates

You've put in the hard work as a college student and finally received your diploma. Now you're ready to head out on your own. And though you may not have given much thought to your financial future when you were in college, you have new financial challenges and goals to consider.

What is the 10% penalty?

A 10% early distribution penalty applies to taxable distributions made before age 59 ½. Distributions made after age 59 ½ are not subject to the 10% early distribution penalty.

On May 13, 2019, escalating trade tensions between the United States and China sparked a worldwide stock sell-off that wiped out more than $1 trillion in global equity values.¹ The markets recovered over the next three days, but tensions between the economic giants continued to drive volatility with no resolution in sight.² Investors sometimes overreact to short-term event

Gary completed his semiannual training with America’s IRA Experts at Ed Slott and Company, LLC in Dallas, Texas. May 2-4, 2019.

Time for a Mid-Year Investment Check

Many investors may be inclined to review their portfolios only when markets hit a rough patch, but careful planning is essential in all economic climates.

Andrew Schwartz, Vice President of Madison Planning Group was recently quoted on SavingForCollege.com

He provided tips on how to help clients solve three common issues with college planning.

Case 1: New parents without a plan to save for college

I just attended the W Forum in Indianapolis; a wonderful conference for female financial advisors. We are brought together annually, to exchange ideas about working with clients, managing our practices and lives and economic trends.

Gary Schwartz Awarded Ethics Approved Status

The International Association of Registered Financial Consultants (IARFC) has recently awarded Gary Schwartz of Madison Planning Group the "Ethics Approved Seal" for their adherence to the IARFC Code of Ethics.

How to Recover from a Mid-Life Financial Crisis

A financial crisis can be scary at any age, but this is especially true when you're in your 40s or 50s. Perhaps you're way behind on saving for retirement or have too much debt from unnecessary spending.

On Sunday, April 14th, Gary was quoted in the New York Post in an article pertaining to how wealthy New York residents are getting hit with record high tax bills.