Finances

To Rollover My 401k to an IRA or Not to Rollover, That is the Question? by Louis Wolkenstein

Louis WolensteinThe Answer Lies in Your Objectives and Your Personal Situation. This Article Provides a Broad Overview of Some of the Concerns to Help You Make This Important Decision. It is Not Meant as a Substitute for Advice and Counsel Relevant to Your Specific Circumstances. It Also Does Not Represent a Complete Discussion of All the Concerns Involved.
Some of the Benefits of Rolling Over Your 401k Include but are Not Limited to:

  1. Control:  Your Company’s 401k Plan is Controlled by the Trustee of the Plan. The Trustee of Your 401k Plan Has a Responsibility to Maintain Your Company’s 401k in the Best Interest of Your Company’s Employees Participating in the Plan and Their Beneficiaries. Quite Often the Trustee Will Delegate Day to Day Operations of the 401k Plan to a Plan Administrator. Your 401k Plan Administrator Also has a Fiduciary Responsibility to Administer Your Company’s 401k Plan in the Best Interest of Your Company’s Employees. By Rolling Over Your 401k Plan to an IRA Account You are Not Beholden to a Trustee or Plan Administrator to Make Decisions About Your Retirement Savings. You Maintain Direct Control. [Read more]

Julie Knight Receives CERTIFIED FINANCIAL PLANNER™ Practitioner CertificationJulie Knight Receives CERTIFIED FINANCIAL PLANNER™ Practitioner Certification

Allentown, PA, September 14th, 2015 – Morgan Stanley announced today that Mrs. Julie Knight an Associate Vice President – Wealth Management, Financial Planning Specialist, Financial Advisor in the firm’s Wealth Management office in Allentown, has been awarded the CFP® certification. Mrs. Knight has worked at Morgan Stanley Wealth Management since 2010.   In addition to providing financial planning services, she provides a variety of other advisory and non-advisory financial services, including brokerage services, to clients who seek such services. The CFP® designation identifies those individuals who have met the experience and ethical requirements, have successfully completed … [Read more]

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Robert_Orlick_SB579CSA..Unique Challenges for Women Investors, Courtesy of Robert V. Orlick

Due to a number of gender-based challenges, women may be playing catch-up when it comes to investing for retirement and other long-term financial goals. More than half of women surveyed recently are the primary breadwinners in their households, and women continue to lay claim to a growing share of the nation’s wealth.1 But even high net worth women cannot escape the gender-based challenges that may hinder their ability to ensure financial security in their later years. Consider the following factors affecting women as they invest for long-term financial goals such as retirement. The Gender Gap–a Reality Check Income: Women, on average, earn $0.77 for every dollar men earn–a considerable difference over the course of a lifetime.2 Employment: Women typically spend more … [Read more]

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Kristen GardinerChanging the Face of Wall Street

By Kristen H. Gardiner

If there is one thing about life which you can be certain, it is uncertainty. During the last four years, many of us have faced economic hardships, some as severe as employment (and thus income) loss, or even on-going frustrations with mortgage companies who promise loan modification, yet lead customers, unarmed and vulnerable, to a foreclosure battleground. Read more

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Julie KnightWomen, Money and Today’s Retirement

Courtesy of: Julie Knight, FPS, Financial Planning Specialist, Financial Advisor with the Lehigh Valley Group at Morgan Stanley Smith Barney
Branch Name: Morgan Stanley Smith Barney, Allentown, PA
Phone Number: 610-391-8176
Web Address: http://www.morganstanley.com/fa/thelehighvalleygroup

 

Despite all of the other advances made in our society in recent generations, women continue to face unique challenges when it comes to preparing for their financial futures. Read more

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Julie KnightChildren and Money: Lessons in Self-Control

Courtesy of: Julie Knight, FPS, Financial Planning Specialist, Financial Advisor with the Lehigh Valley Group at Morgan Stanley Smith Barney
Branch Name: Morgan Stanley Smith Barney, Allentown, PA
Phone Number: 610-391-8176 :
Providing opportunities for children to practice self-control and to learn about saving will help them mature into adults who understand the value of money… Continue reading →

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Financial Planning for Unmarried Domestic Partners

Courtesy of: Julie Knight, Financial Advisor
Branch Name: Morgan Stanley Smith Barney, Allentown, PA
Phone Number: 610-391-8176
Web Address:  http://www.morganstanley.com/fa/thelehighvalleygroup    

 How times have changed. Less than 22% of American households are composed of married couples with dependent children, according to the latest U.S. Census. That number has dropped significantly: In 1970, 40% of households fit in that category.1 Meanwhile, over the past 40 years, the number of unmarried couple households has tripled to nearly 4% of the population; there are currently about four million such households in the United States.1   Read more

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WHAT IS AN INDEPENDENT MEDICAL EVALUATION AND HOW CAN IT AFFECT YOUR RIGHTS TO WORKERS’ COMPENSATION BENEFITS?

by Paula Robinson

An Independent Medical Evaluation, better known as an (IME), is an examination that is scheduled by the Workers’ Compensation Insurance Carrier for your employer when you are filing a claim for work injury benefits, or if you have been on workers’ compensation for at least 6 months.  The carrier has the right to have you attend an IME 1 time every 6 months to assess your condition and capability to return to work. read more

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10 Things Professional Women Should Know About Their Financial Future

Courtesy of: Julie Knight, Financial Advisor
Branch Name: Morgan Stanley Smith Barney, Allentown, PA
Phone Number: 610-391-8176
Web Address:  http://www.morganstanley.com/fa/thelehighvalleygroup     

 

  1. Anticipate that you are likely to live a long life. And plan accordingly. In fact, according to U.S. Census Bureau statistics, a woman who reaches age 50 today without serious health problems can anticipate celebrating her 92nd birthday. Women in the United States, on average, will live to reach 81.1 years of age, compared with men’s life expectancy of just 76.2. 1 So if you’ve always left money matters to your husband, start learning why you need to know how to manage on your own.
  2. Read more

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Why Women Need to Save More Than Men

Courtesy of: Julie Knight, Financial Advisor
Branch Name: Morgan Stanley Smith Barney, Allentown, PA
Phone Number: 610-391-8176
Web Address:  http://fa.smithbarney.com/julie.knight/

 Men and women may not be on equal footing when it comes to investing for the future. On average, women work fewer years and earn less than men, but they also tend to live longer.1 Therefore, women must focus on the concerns that are unique to them when planning for retirement.

Women Don’t Invest Differently …

Unfortunately, some negative stereotypes still exist about a woman’s ability to manage money, which may cause some women to feel they shouldn’t make their own investment choices. Some leave the decision making to their husbands, which can result in their being ill-equipped to handle their finances if they outlive their spouses. read more

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