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Tuesday, June 06, 2023
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Business Spotlight

A Passion to Create Inspires Leah Chamish

At first glance, the connection between artist Leah Chamish’s two ventures, Murals by Leah and Touring Teddies, is not apparent. But there is common denominator that makes perfect sense. “My passion isn’t just for art, it’s for creating,” Chamish says. “Mostly, it’s to create for children, to make them

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Social Security: Don’t Be in a Rush; Take Your Time

A popular expression goes “good things come to those who wait.” Undoubtedly, whoever coined that phrase did not have Social Security benefits in mind, but the saying certainly applies very well to them. As opined below, most people are better off deferring their Social Security retirement date until at least age 66, and probably to age

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Ring In the New Year With a COLA

In 2015, nearly 64 million Americans who receive Social Security or Supplemental Security Income (SSI) will receive a cost-of-living adjustment (COLA) increase to their monthly benefit payments of 1.7%.

The average monthly Social Security benefit for a retired worker in 2015 is $1,328 (up from $1,306 in

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Gotta Dance? Morah Rochelle’s Rikkud Dance Program Offers Classes, Camp for Girls

Teaneck—Rochelle Yaros has danced for as long as she can remember. Last year, she started Rikkud Dance, a private dance program in Teaneck, teaching dance to groups of little girls, aged three to nine, on Sunday mornings. She also runs a week-long Rikkud Dance Camp in the summertime, between camp and school, and offers

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Mazel Tov, It’s a Tax Deduction!

Remember that joy when you saw your baby for the first time? What an amazing feeling knowing that you brought so much joy to the world. Now imagine your happiness when you realize that you didn’t just bring joy into the world, you also got tax breaks for you and your family. According to the Department of Agriculture, it costs on

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Proportional Perspectives on Work and Retirement

For all the window dressing the financial-service industry can add to the process, it is possible to distill the essential issues in retirement planning to two, expressed as a ratio of working years to retirement years. This ratio does not produce an exact number for retirement, but it gives you a sense of the task at hand and how long you

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COMMUNITY CALENDAR January March

Motzei Shabbat January 24th

Wine Making/ Grape Growing during Shmittah  Congregation Shomrei Emunah  89 Huguenot Avenue Englewood

Hillel Manne from the Beit El Winery will speak

Sunday, January 25th

Navigating Parenthood – The World’s Hardest Job   8:00PM  Series of six lectures given by

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Zadies Bake Shop: A Bergen County Treat

Fair Lawn—It’s a family affair. “I grew up in bakeries. It’s what I know,” says Adam Steinberg. Adam is one of the four co-owners of Zadies Bake Shop along with his father Larry, brother Josh, and cousin Eric. The Zadie in the title, by the way, refers to Adam’s Zadie. So saying Zadies is a family

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Three-Legged Retirement Stool Has One Missing, One Shaky Leg

A generation ago, a typical retirement discussion usually included a reference to, or illustration of, the “Three-Legged Stool.” This was an analogy to describe the three most common sources of retirement income: pensions, personal savings, and Social Security.

While many from the

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Basics for Beneficiaries

One of the necessary tasks after the passing of a family member is settling the decedent’s financial affairs. Some of these tasks are mundane, such as closing accounts, or stopping cable service. Some are mandatory, like reporting the death to the Social Security administration or preparing a final tax return. And besides these clean-up

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How the IRS Views Miles & Points Earned From Purchasing and Flying

One of the most commonly asked questions directed to PEYD is whether customers have to report to the IRS the monies earned through cashing-out miles and points or report the value obtained when using miles and points for flights or other redemption options like hotel stays, car rentals or gift cards. This issue is highlighted by the fact

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Tax Tips: Tax Breaks for Teachers

As a former student and now a parent of school-aged children, I realize that being a teacher is truly a thankless job. Most of your day is spent trying to teach and inspire students who would rather be anywhere but stuck inside a classroom. This is not an easy gig. I imagine that sometimes it must feel like a comedian doing standup

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