by Lou Barberini | Apr 30, 2020 | Uncategorized
With the stock market hitting severe turbulence, the sales pitches are going to increase for tax-free, riskless savings and investment vehicles that will grow and escape estate taxes. Beware! Many salespersons cloak the wolf of extremely high-commission insurance...
by Lou Barberini | Feb 2, 2020 | Uncategorized
If you don’t have a living trust, a married couple should not hold their property titled as “community property.” Huh? If your house or brokerage account is titled as “community property,” a surviving spouse will pay a probate tax when they receive their deceased...
by Lou Barberini | May 30, 2019 | Uncategorized
For a large portion of DC plan participants, a Roth plan might be better than a traditional plan. But few participants choose the Roth option. Every day, employees meet with pension record-keeper advisers and have a typical discussion about their 401(k), 403(b) or 457...
by Lou Barberini | Aug 1, 2017 | Uncategorized
In mid-June I was transferring a portion of my Prudential San Francisco Employees’ Deferred Comp account to another institution when I stumbled upon something I had overlooked: Prudential has never issued me, nor the other 25,000+ San Francisco public employees,...
by Lou Barberini | Mar 1, 2017 | Uncategorized
Around the time of Woodstock and the team of Armstrong and Aldrin setting foot on the moon, a study was conducted on delayed gratification. The experimenter: Stanford professor Walter Mischel PhD. The subjects: 4-year old’s. The reward: Marshmallows. To measure...
