IN THE NEWS

Wealth accumulation often comes at a cost: higher taxes. However, there are ways investors with over $500k can lower their tax burden while growing their wealth. Manager of Wealth Management Services Franco DiLiberto shared insight into direct indexing and tax-loss harvesting as tax strategies for the wealthy. “Tax-loss [...]

Tax season has begun! While the deadline to file isn’t until April 15, take the time now to get prepared so you can avoid any unnecessary stress. Wealth Manager Dina Powers shared with GOBankingRates some of her recommendations for tax season preparation. “Create both electronic and paper folders [...]

With January coming to a close, many Americans are receiving tax documents (such as W-2 forms) due to them at the end of the month. And as they prepare to file, at Fairway, we know most taxpayers are considering the credits and deductions available to them – from [...]

Tax season is right around the corner. Now is the time to start thinking about how you manage your tax records. When is an appropriate time to purge previous years’ tax documents? How can you protect your sensitive information in the process? Mark Weiskind, CFP, CPA/PFS (inactive) shared [...]

Index funds are a useful tool for many investors when it comes to portfolio construction. However, not all index funds serve the same purpose. At Fairway, we guide clients in selecting index funds based on their unique financial goals. Director of Investment Research Matthew Garrott was featured in [...]

According to the Federal Reserve’s preferred inflation gauge, inflation may be on the rise again. With a 0.02 percent increase in November from the previous month and a 2.3 percent jump from November 2023, some investors are considering Treasury inflation-protected securities (TIPS), designed to help protect future purchasing [...]

The end of 2024 is quickly approaching, which means it’s time to start preparing for the upcoming tax season. Tax-loss harvesting is an approach you can implement before year-end that may help lower your tax liability and save money in the long run. Wealth Manager Brian Tullio recently [...]

The diversity of their portfolio is an important factor investors often consider when determining the investment strategy that best fits their financial goals. Exchange-traded funds are increasingly popular, but direct indexing is also on the rise among investors, as it allows for greater customization and flexibility. Despite its [...]

Converting leftover 529 funds to a Roth IRA can be a great way to pad retirement savings. However, there are strict regulations and potential drawbacks to consider. Associate Wealth Manager Vince DiGiacomo recently shared with Financial Advisor Magazine how Fairway advises clients on managing leftover 529 funds once [...]