Perspective for the decisions ahead.

A Roth conversion ladder can help early retirees bridge the income gap before age 59½ by converting pre-tax retirement savings to a Roth IRA during lower-income years.

A practical retirement planning checklist for the five years before retirement, covering spending, income, taxes, health care, investments, and the records to review.

A practical way to assess your 401(k) at 30, set a useful next savings target, and keep retirement progress connected to the rest of your financial life.

A practical guide to Roth IRA withdrawal rules, including contributions, earnings, the five-year rule, conversions, exceptions, and inherited accounts.

A practical mid-career retirement checklist for saving, benefits, investing, taxes, protection, and the decisions that shape the decades ahead.

A practical guide to comparing an old workplace plan, a new employer plan, an IRA, and a cash-out before a job change creates an expensive mistake.

A practical way to test whether your retirement income plan can support the life you want, through changing markets and expenses.

Learn when to begin 401(k) contributions, how to approach an employer match, and what to do when money feels tight.

The very rules that feel like barriers are actually the architectural guardrails designed to preserve your future tax-free harvest. You’ve likely…

Recent data shows that 80% of employees are unlikely to work for a company that doesn’t offer a retirement plan. This reality places small business…

Most small business owners view a retirement plan as a necessary expense, but the right structure transforms it into a powerful engine for tax…

If you’re nearing retirement, you’ve probably wondered when to start taking Social Security benefits. For years, age 65 was considered the “normal” retirement age, but a law passed in 1983 gradually raised this age to reflect the increasing life expectancy of Americans. As of 2026, the full retirement age (FRA) […]

A Roth IRA is a powerful retirement tool because you fund it with after-tax dollars and can withdraw the money tax-free after age 59½. It can hold most types of investments, giving you the flexibility to build a diversified portfolio. To use it effectively, it helps to know which investments […]

It depends on what kind of IRA you’re talking about. Traditional IRAs and Roth IRAs are each subject to different contribution rules. Traditional IRAs You’re allowed to contribute up to $7,500 to a traditional IRA in 2026 (up from $7,000 in 2025), as long as you have earned income. In […]

Many American workers don’t have enough retirement savings. It’s never too early, or too late, to get started with financial planning. Let us help. Connect with one of our advisors today and we’ll work with you to craft a financial plan that fits your current life and future goals. Among […]

Your wages after age 60 have an outsize effect on how big your Social Security benefit will be. No matter what age you start collecting Social Security, the size of your monthly check is linked to something called the Primary Insurance Amount, your projected monthly benefit at full retirement age. […]

MRA Advisory Group offers complimentary first meetings with our advisors. If you’d like us to look at your current financial plan for an assessment of any “financial blind spots” that may be in the way of you achieving your financial goals, schedule a meeting with us today: Retirement is transitioning […]

If you’re looking for guidance on how to begin with retirement savings, MRA offers complimentary 1st meetings with our advisors. Schedule a meeting today and let’s work together to craft a financial plan that fits your current lifestyle and future goals. If you’re a young worker, retirement planning can feel […]

Investors looking to consolidate their individual retirement accounts—whether it’s to simplify their finances, reduce fees or get access to different investment options—have two options: a direct transfer or a 60-day rollover. MRA Advisory Group can help. We offer complimentary first meetings with our advisors. Whether you’re looking to consolidate your […]

When is enough, enough? Knowing that you have limited time on this planet, what do you need in order to look back on your life and feel satisfied? Given that we live in a society that worships more, more, more, this can be tricky to answer. It’s critical, however, that you define […]

You would be better off claiming early if you die young, but if you don’t, starting too early can lock you into reduced payments for decades. So, what’s the right move? MRA Advisory Group offers complimentary first meetings with our advisors. If you’d like guidance on when to take Social […]

Young savers are flocking to Roth IRAs.  They are taking the advice of parents, workplace financial coaches and tax advisers, who have long preached the gospel of these accounts to save for retirement and even big purchases. By getting the money in early, the thinking goes, they are giving it […]

The rollover is the most frequent IRA transaction, but mistakes are common, leading to unnecessary taxes and penalties. The rollover is the most frequent IRA transaction, but most people do only a few rollovers during their lifetimes. Mistake are a result of this inexperience, leading to unnecessary taxes and penalties. […]

Introduction Planning for retirement is a crucial aspect of life that deserves careful consideration, regardless of your age or career stage. With the right strategies, you can pave the way for a comfortable and fulfilling retirement. This guide covers ten essential steps to help you prepare for a successful retirement, […]

Take control of your financial future with Building Enduring Wealth for Retirement, a powerful new audiobook designed to help you gain a WealthBuilder Mindset. Read by Marco Lima, CFP®, CEO, and Wealth Advisor at MRA Advisory Group. Marco has spent 20-plus years working as a financial planner helping clients save […]

I am thrilled to share some exciting news regarding my latest project. I’m launching a new book today that I believe will greatly interest you! Titled “Building Enduring Wealth For Retirement,“ this book represents months of dedicated effort and research. It dives deep into building the proper savings mindset and […]

Have you noticed your mind drifting? Have you been daydreaming of new ways to envelop yourself in a state of complete relaxation? Have you been envisioning lazy days listening to the peaceful, serene sounds of ocean waves as the sun rises on the horizon? The beach life may be your […]

We are excited to introduce you to an innovative solution designed to enhance your financial planning and investment strategy: our new Annuity Marketplace. At MRA Advisory, we understand that planning for a secure financial future can be complex. That’s why we’ve created a comprehensive platform that simplifies the process of […]

The SECURE 2.0 Act, passed in December 2022, made wide-ranging changes to U.S. tax laws related to retirement savings. While some provisions were effective in 2023, others did not take effect until 2024. Here is an overview of some important changes for this year. As always, MRA Advisory is here […]

Advisory Services are offered through MRA Advisory Group, a Registered Investment Adviser. It is general in nature that the statements herein are not a complete statement of all information necessary for making an investment decision and is not a recommendation or a solicitation to buy or sell any security. The […]

Your retirement lifestyle will depend not only on your assets and investment choices but also on how quickly you draw down your retirement portfolio. The annual percentage that you take out of your portfolio, whether from returns or the principal itself, is known as your withdrawal rate. Figuring out an […]

In today’s corporate environment, cost-cutting, restructuring, and downsizing are the norm, and many employers are offering their employees early retirement packages. But how do you know if the seemingly attractive offer you’ve received is a good one? By evaluating it carefully to make sure that the offer fits your needs. […]

The investment industry is famous for focusing on “return on investment,” but when it comes to your retirement nest egg, there’s more to consider than simply saving money and earning a return on investments. One flaw in this way of thinking is not appreciating that anything that saves money or helps you […]

You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds, because retirement planning is not an exact science. Your […]

With the potential for tax-free retirement income, Roth IRAs may be appealing investment vehicles. There are three ways to fund a Roth IRA — you can open an account and contribute directly, you can convert all or part of a traditional IRA to a Roth IRA, or you can roll […]

A required minimum distribution (RMD) is the amount of money that must be withdrawn from an employer-sponsored retirement plan, traditional IRA, SEP, or SIMPLE individual retirement account (IRA) by owners and qualified retirement plan participants of retirement age. Your first required distribution from an IRA or retirement plan is for […]

Are you one of the many American workers who changed jobs this year? If so, you may be wondering what to do with your 401(k) plan account. It’s important to understand your options. What will I be entitled to? If you leave your job (voluntarily or involuntarily), you’ll be entitled […]

At one time, the only way you could join your company’s 401(k) plan, 403(b) plan, or 457(b) plan was to put pen to paper and sign yourself up by filling out the appropriate forms. Now, though, in an effort to help participants increase their retirement savings, more employers have begun […]

Market volatility can be scary whether you’re near retirement age or not. Working with a Financial Advisor can help ease those worries. MRA Advisory Group can help you formalize a plan that works for your life and dreams. We’ll set realistic goals and help you prioritize your financial opportunities. We […]

This question is difficult because the answer depends on your income and assets, your goals for retirement, and many other factors. Ideally, you should begin saving for retirement in your 20s. More time to save enhances your chances of having the kind of retirement lifestyle you want. If you’re in […]

Women often face special challenges when planning for retirement. For example, if they are the primary caregivers in their families, their careers may be interrupted to care for children or elderly parents, which means they may spend less time in the workforce and earn less money than men in the […]

Just as you insure your home against the risk of fire and flood, so too can you insure another of your most valuable investments from risk: your retirement savings. MRA Advisory Group, along with RetireOne will be presenting an informational webinar on Wednesday, January 26th at 7:oo pm to explain […]

You’ve worked hard your whole life anticipating the day you could finally retire. Congratulations — that day has arrived! But with it comes the realization that you’ll need to carefully manage your assets to give them lasting potential. Review your portfolio regularly Traditional wisdom holds that retirees should value the […]

Some employers offer 401(k) plan participants the opportunity to make Roth 401(k) contributions. If you have access to this option, Roth contributions could play an important role in helping enhance your retirement income. What is a Roth 401(k)? A Roth 401(k) is simply a traditional 401(k) plan that accepts Roth […]

Social Security is a pay-as-you-go system, which means today’s workers are paying taxes for the benefits received by today’s retirees. However, demographic trends such as lower birth rates, higher retirement rates, and longer life spans are causing long-run fiscal challenges. There are simply not enough U.S. workers to support the […]

You may have a very idealistic vision of retirement — doing all of the things that you never seem to have time to do now. But how do you pursue that vision? Social Security may be around when you retire, but the benefit that you get from Uncle Sam may […]

More women are working and taking charge of their own retirement planning than ever before. What does retirement mean to you? Do you dream of traveling? Pursuing a hobby? Volunteering your time, or starting a new career or business? Simply enjoying more time with your grandchildren? Whatever your goal, you’ll […]

Set retirement goals Setting goals for retirement is an important part of retirement investing. For example, do you want to retire early? Would you like to travel during retirement? Do you plan on working post-retirement? Having goals can help you and your financial professional develop an appropriate investment plan for […]

Making decisions about your retirement account can seem overwhelming, especially if you feel unsure about your knowledge of investments. However, the following basic rules can help you make smarter choices regardless of whether you have some investing experience or are just getting started. Don’t lose ground to inflation It’s easy […]

Qualified cash or deferred arrangements (CODAs) permitted under Section 401(k) of the Internal Revenue Code, commonly referred to as “401(k) plans,” have become one of the most popular types of employer-sponsored retirement plans. How does a 401(k) plan work? With a 401(k) plan, you elect either to receive cash payments […]

Just one year ago, Congress passed the Secure Act to help people save more aggressively for retirement. But thanks to the financial beatdown that was 2020, we could all use a bit more help. More than a quarter of Americans have slowed or stopped contributing to their retirement savings due […]

In early 2020, 61% of U.S. workers surveyed said that retirement planning makes them feel stressed.1 Investor confidence was continually tested as the year wore on, and it’s likely that this percentage rose — perhaps even substantially. If you find yourself among those feeling stressed heading into the new year, […]

You may have a very idealistic vision of retirement — doing all of the things that you never seem to have time to do now. But how do you pursue that vision? Social Security may be around when you retire, but the benefit that you get from Uncle Sam may […]

Many IRA and retirement plan limits are indexed for inflation each year. While some of the limits remain unchanged for 2021, other key numbers have increased. IRA contribution limits The maximum amount you can contribute to a traditional IRA or a Roth IRA in 2021 is $6,000 (or 100% of […]

Even though tax filing season is well under way, there’s still time to make a regular IRA contribution for 2019. You have until your tax return due date (not including extensions) to contribute up to $6,000 for 2019 ($7,000 if you were age 50 or older on December 31, 2019). […]

    If you’re a small-business owner, you probably pour your heart, soul, and nearly all your money into your business. When it comes to retirement planning, do you cross your fingers and hope your business will provide the nest egg you’ll need to live comfortably? What if you become […]

Tip: Nearly 80% of workers expect to work for pay in retirement, but only 29% of retirees actually have done so. Source: 2017 Retirement Confidence Survey, EBRI Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will […]

MRA’s Investment Committee completed its Q4 2026 quarterly review, approving changes to international equity and fixed-income allocations across the WealthBuilder Portfolios, along with a market outlook through year-end.

MRA Advisory Group’s Investment Committee reviews what moved markets in September, what the data is saying beneath the headlines, and how the WealthBuilder Portfolios and Core + Explore process stay anchored to your long-term plan.

MRA Advisory Group’s Investment Committee outlook on earnings, inflation, rates, and disciplined portfolio construction for September 2026.

MRA’s Investment Committee shares the latest positioning for the WealthBuilder Strategy Opportunities and Dividend Focus Portfolios, along with its selective near-term market outlook.

MRA’s investment committee view on growth, inflation, market leadership, and the portfolio discipline that matters as conditions evolve.

What if the greatest risk to your wealth in 2026 isn’t a sudden market crash, but the quiet, persistent erosion caused by uncoordinated tax drag? You…

A measured view of market leadership, portfolio concentration, and the discipline of reviewing risk before reacting to a strong first half.

A practical checkpoint on volatility, income, and keeping short-term market movement connected to long-term objectives.

Why broad exposure, liquidity, and a balanced allocation matter more than chasing the market’s latest leader.

A thoughtful approach to changing expectations, portfolio resilience, and decisions that do not depend on a perfect forecast.

How a regular rebalancing review can keep risk, liquidity, and long-term priorities working together.

A February investor checklist for risk, cash reserves, taxes, and the decisions that remain within your control.

Start the year by connecting portfolio allocation, cash needs, and long-term objectives before the market sets the agenda.

Warren Buffett, the “Oracle of Omaha,” made his first stock purchase when he was just 11 years old. Today, his net worth stands at over $140 billion. While most young investors won’t match those gains, Buffett’s core advice remains very straightforward: start early, stay patient, and only invest in what […]

If the stock market has you on edge right now, you’re not alone. Fear is a natural reaction when your hard-earned money seems to vanish overnight. But emotional decisions often lead to costly investment mistakes. This guide gives you seven ways to stay grounded, protect your investments, and keep building […]

Introducing MRA Advisory Group’s WealthBuilder Biblically Responsible Investing (BRI) Portfolios – Align Your Investments with Your Faith. Are you looking to invest in a way that aligns with your Christian values and principles? We are excited to introduce the WealthBuilder Biblically Responsible Investing (BRI) Portfolios – a unique investment solution designed to […]

As a professional, it’s important to not only have a strong set of skills and expertise, but also know how to market yourself effectively. Whether you’re looking for a new job or seeking out freelance clients, being able to effectively promote your abilities is crucial to success. So, how do […]

The uncertainty around near-term interest rates has dominated the story of the stock market in 2023. Perhaps not since the 1970s—when runaway inflation and sky-high interest rates were the crisis du jour—has monetary policy affected investment outcomes in such a pronounced way. Yet look more closely, and it would seem […]

Keeping your cool can be hard to do when the market goes on one of its periodic roller-coaster rides. It’s useful to have strategies in place that prepare you both financially and psychologically to handle market volatility. Here are 11 ways to help keep yourself from making hasty decisions that […]

One of the longest-standing debates in investing is over the relative merits of active portfolio management versus passive management. With an actively managed portfolio, a manager tries to beat the performance of a given benchmark index by using his or her judgment in selecting individual securities and deciding when to […]

Owning a home outright is a dream that many Americans share. Having a mortgage can be a huge burden, and paying it off may be the first item on your financial to-do list. But competing with the desire to own your home free and clear is your need to invest […]

Go out into your yard and dig a big hole. Every month, throw $50 into it, but don’t take any money out until you’re ready to buy a house, send your child to college, or retire. It sounds a little crazy, doesn’t it? But that’s what investing without setting clear-cut […]

Nick Pirsos, Wealth Advisor at MRA Advisory Group, published his updated view of equity markets. You are invited to schedule a complimentary first meeting (via the link below) to discuss his views in greater detail and to learn how to best to optimize your portfolio to better attain your retirement […]

Please click below for a video containing our Fourth Quarter 2022 Investment Committee Update. As always, every quarter we review the performance of each portfolio holding and try to best determine the future favorability of each position. With that methodology applied, we find that we will be making changes to […]

A successful investor maximizes gain and minimizes loss. Though there can be no guarantee that any investment strategy will be successful and all investing involves risk, including the possible loss of principal, here are six basic principles that may help you invest more successfully. Long-term compounding can help your nest […]

It’s official, according to the folks who decide which markets are bulls and which are bears, not to mention which stocks go into the Dow Jones Industrial Average and the S&P 500. U.S. stocks on Monday entered a bear market because the S&P 500 closed more than 21% below its all-time record […]

For more in-depth information, and to learn more about investing, schedule a meeting with Joe at https://mraadvisory.com/joeverile/ to get started on your financial freedom. Advisory Services offered through MRA Advisory Group, a Registered Investment Adviser. It is general in nature, is not a complete statement of all information necessary for […]

Nick Pirsos, Wealth Advisor at MRA Advisory Group, discusses how global markets continue to whipsaw. Below is Nick’s May recap. Nick offers a complimentary first meeting (via the link below), learn more about Nick and schedule your complimentary meeting today for assistance in positioning your portfolio for the fast changing […]

The cost of everyday items are increasing and you may be thinking you need to update, or change, your budget. MRA Advisory Group‘s Financial Marketplace has free articles, courses, tools and blogs that will help you keep your financial life organized. We’ll assess your finances, discover your money personality, help […]

Introducing the WealthBuilder Dividend Focus Portfolio. This Portfolio is constructed with stocks with attractive valuations, stable or rising dividend history, above average yield, a strong balance sheet and good cash flow. The WealthBuilder Dividend Focus Portfolio is comprised of stocks that have met certain criteria and withstood scrutiny of the […]

The WealthBuilder Insured Portfolio (minimum investment: $50,000) is a diversified portfolio comprised of exchange traded funds (ETFs) in which clients can purchase a lifetime portfolio withdrawal guarantee by way of an individual contingent deferred annuity (the “Certificate”). There are several levels of lifetime income options available with the WealthBuilder Insured Portfolio. The […]

Regardless of your level of investing experience, there are certain investor traits that can prove advantageous for anyone. Traits such as patience, willingness to confront and deal with mistakes, and recognizing when help is needed can benefit portfolio returns, particularly for a long-term investor. Even risk aversion, sometimes a problem […]

The year 2021 was one of extreme change. January saw the inauguration of President Joe Biden, but not before protesters sieged the United States Capitol. Despite the initial tumult, the year began with hope that increased availability of coronavirus vaccinations would lead to the end of the pandemic. Unfortunately, throughout […]

Keeping your cool can be hard to do when the market goes on one of its periodic roller-coaster rides. It’s useful to have strategies in place that prepare you both financially and psychologically to handle market volatility. Here are 11 ways to help keep yourself from making hasty decisions that […]

MRA Advisory Group is proud to announce our WealthBuilder Crypto Blockchain Portfolio has now launched! mraadvisory.com/crypto/ The WealthBuilder Crypto Blockchain Portfolio offers exposure to equity securities in the emerging industries of cryptocurrencies and blockchain technologies. The Model portfolio focuses on ETFs that invest in companies involved in the cryptocurrency markets, […]

One of the longest-standing debates in investing is over the relative merits of active portfolio management versus passive management. Withan actively managed portfolio, a manager tries to beat the performance of a given benchmark index by using his or her judgment in selecting individual securities and deciding when to buy […]

Owning a home outright is a dream that many Americans share. Having a mortgage can be a huge burden, and paying it off may be the first item on your financial to-do list. But competing with the desire to own your home free and clear is your need to invest […]

Saving builds a foundation The first step in investing is to secure a strong financial foundation. Start withthese four basic steps: • Create a “rainy day” reserve: Set aside enough cash to get you through an unexpected period of illness or unemployment–three to six months’ worth of living expensesis generally […]

You probably already know you need to monitor your investment portfolio and update it periodically. Even if you’ve chosen an asset allocation, market forces may quickly begin to tweak it. For example, if stock prices go up, you may eventually find yourself with a greater percentage of stocks in your […]

Beth Wahlig, Director of SRI, will be hosting a webinar on Socially Responsible Investing on Wednesday, January 27th at 7:oo – 8:oo pm. Email Beth at bpwahlig@mraadv.com to RSVP and receive the Zoom link. Many people see the world differently and want to take a more personalized approach in managing […]

Align your values with your investment strategy. Demonstrate your impact MRA works with YourStake.org to access technology that can show the holistic social+environmental outcomes for a given investment portfolio. The software gathers data from 100+ sources on environmental+social issues, then calculates impact for a given portfolio. The results include metrics […]

Learn more about our Wealth Management platform and our approach to investing and risk managment. Click below to download our Monthly Portfolio Profiles and look for the link for a free portfolio analysis!

WealthBuilder Investing is a great way to get started on your financial independence. There are no commissions charged and no minimums required. Our January updates for all Portfolio Fact Sheets are out and you can learn more here https://mraadvisory.com/mesmerize-pro/wealth-management/

The year began with the government stymied by a shutdown, and ended with articles of impeachment levied against the president. In between, both domestic and global economies showed signs of slowing, all while the trade war between the United States and China loomed throughout the year. Nevertheless, investors remained relatively […]

Sustainable, responsible, and impact (SRI) investing (also called socially responsible investing) has been around for a long time, but growing interest has moved it into the mainstream. U.S. SRI assets reached $12 trillion in 2018, 38% more than in 2016. SRI investments now account for about one-fourth of all professionally […]

It’s easy to let investments accumulate like old receipts in a junk drawer. WATCH VIDEO

A practical guide to realizing investment losses carefully, understanding the wash-sale rule, and keeping tax decisions connected to a long-term investment plan.

Your investment success isn’t defined by the gross profit you see on a screen, but by the net wealth that actually stays in your accounts after the…

Disclosure: This article is presented for informational purposes only. The content herein does not constitute an offer to sell or a solicitation of…

Disclosure: The following information is presented for informational purposes only and should not be considered as a formal recommendation or…

As of April 3, 2026, the IRS issued almost 70 million income tax refunds for the 2026 filing season, with an average refund amount of $3,462, about 11% higher than last year. If you received a Tax Refund and are unsure of the best way to handle it, we offer […]

If you’re looking to get started with financial planning, we can help. We offer a complimentary first meeting with our advisors. Schedule one today because your future needs a plan! Take a first look at our new commercial below, and look for it on CNN, FOX, CNBC, and many other […]

WEBINAR ON DEMAND Navigating the One Big Beautiful Bill Act (PL 119-21): Key Changes Overview The One Big Beautiful Bill Act (PL 119-21) is now law, bringing significant tax changes. We want to ensure you have the information you need. Join our free on-demand webinar, “Navigating the One Big Beautiful […]

It’s possible to plan your taxes so that you don’t owe anything to the Internal Revenue Service (IRS) when you file your federal tax return. You can do this by using your W-4 form to adjust your withholding. While most employees know that you submit a W-4 when you start a new […]

What’s Stay NJ? The Stay NJ program, expected to launch in early 2025, offers property tax benefits to eligible homeowners aged 65 and older. It reimburses applicants for 50% of their property tax bills, up to a maximum of $13,000, with a 2024 benefit cap of $6,500. To qualify, you […]

If you’re contemplating a move out of the U.S., think hard about why you want to go. Is it just the right time to retire to the tropical beaches of Costa Rica or to the European charm of Lisbon? Or is it to avoid paying taxes?  Those trying to avoid […]

Starting in 2024, you may be able to irrevocably elect to transfer the new and previously-owned clean vehicle tax credits to dealers who choose to participate in the program. You will receive an immediate financial benefit from the dealer equal to the credit in return for the transfer of the […]

There are lots of important tax numbers that need to be kept in mind. In some cases, those numbers are annual limits that change each year. Other times, the figures do not often change but are used frequently. Given the variety of sources that report relevant numbers, it can be […]

  Webinar: Year-End Tax Planning When: Monday, November 13, 2023 Time: 6:30 pm – 7:30 pm MRA Advisory Group invites you to our Year-End Tax Planning Webinar.  Alison Cogan, CPA, and Marco Lima, CFP®, CEO will discuss any tax changes for this coming year and get you up-to-date on what you need to know this […]

Why minimize estate taxes? The act of giving away your property, either during life or at death, will probably be subject to one or more of several types of taxes (collectively referred to here as estate taxes), either on the federal level, state level, or both. These tax liabilities may […]

The tax filing season is a popular time for scammers to call and dupe unsuspecting taxpayers. These thieves often make threatening or alarming calls posing as the IRS to try to steal taxpayer money or personal information. The IRS doesn’t initiate contact with taxpayers by email, text messages, or social media channels […]

MRA Tax Services is available for all your tax needs and beyond. From personal returns to business returns, our tax team is ready to work for you. Our mission is to simplify tax preparation and help you keep more of what you earn. We work as part of your team […]

There are lots of important tax numbers you need to keep in mind. In some cases, those numbers are annual limits that change each year. Other times, the figures do not often change but are used frequently. Given the variety of sources that report relevant numbers, it can be difficult […]

The tax rules keep changing. Let Alison Cogan, CPA explain the changes and how they many affect you in 2022.

If you have qualifying children under the age of 18, you may be able to claim a child tax credit. (You may also be able to claim a partial credit for certain other dependents who are not qualifying children.) The American Rescue Plan Act of 2021 makes substantial, temporary improvements […]

“Our goal is to simplify our clients’ tax preparation process and help them keep more of what they earn.“ MRA Tax Services, under the direction of Alison Cogan, CPA, Director of Tax Services, partners with businesses and individuals with income taxes, sales and payroll taxes, bookkeeping, business planning and sustainability. […]

1Q21 Update: News & Views on Capital & Capitol Issues with an Open Forum Discussion Format Presented by: Nick Pirsos, Wealth Advisor at MRA Advisory Group Monday, March 8th at 7:oo pm Topics discussed will include: What investment market segments are outperforming in 2021 and why? Do you know the […]

In a Q & A format, Marco Lima, CEO®, MRA Advisory Group will talk with Andrew Opdyke, CFA, Economist, First Trust. AGENDA: Stock market update Thoughts on the election and how it may impact the market How the continuing pandemic may impact stocks RSVP today. Space is limited. Click the link below to […]

Here are some things to consider as you weigh potential tax moves between now and the end of the year. Defer income to next year Consider opportunities to defer income to 2021, particularly if you think you may be in a lower tax bracket then. For example, you may be […]

As the end of the year approaches, it’s time to consider strategies that could help you reduce your tax bill. But most tax tips, suggestions, and strategies are of little practical help without a good understanding of your current tax situation. This is particularly true for year-end planning. You can’t […]

The Internal Revenue Service wants seniors to know about the availability of a new tax form, Form 1040-SR, featuring larger print and a standard deduction chart with a goal of making it easier for older Americans to read and use. The Bipartisan Budget Act of 2018 required the IRS to […]

With a new year comes a new tax filing season!  Hopefully this tax season will not begin with an IRS shutdown, like last year.  There were a few tax changes made in the recent bill passed by Congress, as well as a new W-4 Form.  As usual, if any of […]

    Here are 10 things to consider as you weigh potential tax moves between now and the end of the year. 1. Set aside time to plan Effective planning requires that you have a good understanding of your current tax situation, as well as a reasonable estimate of how […]

Understand what Medicare may cover for short-term skilled care, what it generally does not cover, and how to prepare for a long-term care need.

A practical guide to primary and contingent beneficiaries, the account and policy records to review, and when a life change calls for an update.

A practical guide to understanding umbrella coverage, the liability gaps it may address, and the questions to ask before choosing an amount.

MRA Advisory Group has expanded insurance solutions for individuals, families, retirees, and businesses, including health, Medicare, life, long-term care, and disability coverage.

A practical guide to the support long-term care insurance may cover, the policy terms that matter, and how to decide whether it fits a wider plan.

A practical way to estimate the income, workplace benefits, savings, and policy terms that matter when protecting your ability to earn.

A practical way to estimate the income, debts, future goals, and existing resources your life insurance coverage needs to address.

Last year, seniors picking Medicare coverage faced some tough choices. This year might be even worse. The enrollment period for 2026 Medicare coverage starts Wednesday, and it is likely to be a difficult one for many enrollees. For the second year in a row, big Medicare insurers are getting rid […]

If you’re covered by Medicare, here’s some welcome news — Medicare drug coverage can help you handle the rising cost of prescriptions. If you’re covered by Original Medicare, some Medicare Cost Plans, Medicare Private Fee-For-Service Plans, or Medicare Medical Savings Account Plans, you can sign up for a Medicare Prescription […]

MRA Advisory Group is excited to share some great news – Ty Pitman has joined our team as our new Director of Insurance Solutions! Here’s what Ty specializes in:               •           Group Health Insurance Benefits & Ancillary Plans for small, mid-sized, and large businesses               •           Supplemental Medicare coverage for individuals seeking clarity and […]

How much life insurance do you need? Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you’re young, you may not have a great need for life […]

Life is a journey filled with uncertainties, and while we cannot predict the future, we can certainly take steps to protect our loved ones from the financial implications of life’s unpredictabilities. Insurance is not just about preparing for the inevitable; it is about providing peace of mind and financial stability […]

Get instant Life Insurance quotes from MRA Advisory Group. Final expense insurance to help cover medical, funeral, and burial costs. No medical exams or blood tests. Starting at $7/month Advisory Services are offered through MRA Advisory Group, a Registered Investment Adviser. It is general in nature that the statements herein […]

Medicare Open Enrollment begins on October 15th and continues through Dec 7th each year when people already enrolled can make changes to their coverage. Take the time to look over your options so you get the most out of your Medicare or Medicare Advantage coverage in 2024. During Open Enrollment […]

MRA Advisory Group is partnering with Breeze, a disability insurance broker, to offer you convenient, affordable disability insurance. Get a quote in seconds and apply online! Breeze’s application process is streamlined and many applications do not require full medical underwriting. With affordable policies, simple online process and stellar customer support, […]

Simplified Issue Whole Life is a final expense life insurance solution designed to help families pay for the funeral expenses of their loved ones. This solution offers lower coverage limits for final expenses (up to $30k) and just a few underwriting questions, making it a great option for healthy seniors. […]

Many baby boomers may be contemplating their needs and options for LTC insurance. This can be a complicated analysis, dependent upon an individual’s age, health, financial circumstances, wealth transfer goals, and general philosophy. Boomers may struggle and be reluctant to weigh the risks and benefits, and to assess the potential […]

If you would like to switch, or make changes to, your Medicare Advantage you have until March 31st to do so. Be aware, you can only make a change once from Jan 1st to March 31st. As always, Harry Arnold, CLU, MRA’s Director of Insurance Services is available to help […]

Medicare premiums, deductibles, and coinsurance amounts change annually. Here’s a look at some of the costs that will apply in 2020 if you’re enrolled in Original Medicare Part A and Part B. Medicare Part B premiums According to the Centers for Medicare & Medicaid Services (CMS), most people with Medicare […]

Estate planning and business succession planning work best when reviewed together. Here’s what to revisit before year-end, from estate documents to buy-sell agreements.

A practical starting checklist for organizing documents, financial notifications, digital accounts, taxes, benefits, and the professional conversations that may follow a loss.

A practical guide to organising an inheritance, protecting important tax details, and making thoughtful decisions about cash, property, investments, and retirement accounts.

What if a single legal challenge could dismantle the wealth you’ve spent decades building? Most successful individuals recognize that earning wealth…

Did you know that fewer than 30% of family businesses successfully transition to the second generation, while a mere 12% survive to the third? It’s a…

While an estimated $84 trillion is set to change hands over the next two decades, 61% of high-net-worth individuals remain deeply concerned that…

What if the greatest threat to your legacy isn’t the tax rate, but a simple lack of coordination? You’ve likely spent decades building a diverse…

While 60% of families expect a significant wealth transfer in the next decade, only 32% have actually discussed the details of their legacy with any…

As workers across the country make their employee benefits selection during open enrollment over the next month or two, financial advisors say there’s an opportunity to educate young, healthy clients about the advantages high-deductible health plans. In addition to improved cash flow because of lower premiums, such plans also give […]

If you missed our Estate Planning Webinar you may now view the recording. If you have any questions or concerns regarding Estate Planning for you and your family, our advisors are always available to help. If you currently do not have a financial advisor, we offer complimentary 1st meetings with […]

Webinar:Estate Planning When: Monday, August 12th 2024Time: 6:oo pm – 7:oo pm You’re invited to MRA Advisory Group’s latest webinar on Estate Planning. Hosted by Marco Lima, CFP®, CEO, we will discuss Estate Planning and what you need to know. There will be time for Q&A after the presentation. Topics will include: – Everyone tells me […]

We’re pleased to announce that MRA Advisory is now offering estate planning preparation services. With a partnership with Estate Guru, you now have access to smart, attorney-guided software built for estate plan preparation.   Are you confident that your legacy is protected and will be passed on according to your wishes? Estate […]

When it comes to estate planning, women have unique concerns. The fact is that women live an average of 5.8 years longer than men. That’s important because it means there’s a greater chance that you need your assets to last for a longer period of time and a greater need […]

Estate planning can help you manage and preserve your assets while you are alive, and conserve and control their distribution after your death. Estate planning can also help you manage medical decisions if you become incapacitated. There is a lot that goes into Estate Planning, and it can be confusing, […]

In March 2022, the Consumer Price Index for All Urban Consumers (CPI-U), the most common measure of inflation, rose at an annual rate of 8.5%, the highest level since December 1981.1 It’s not surprising that a Gallup poll at the end of March found that one out of six Americans […]

When it comes to estate planning, women have unique concerns. The fact is that women live an average of 5.1 years longer than men. That’s important because it means that there’s a greater chance that you’ll need your assets to last for a longer period of time and a greater […]

19 Oak Tree Lane, Sparta, NJ 07871 Tastefully renovated turn-key home in desirable Sparta, NJ. Quiet street setting, yet walking distance to the shops, restaurants, and recreation in the iconic Lake Mohawk area and White Deer Plaza. Renovations include: NEW WINDOWS, NEW INTERIOR/EXTERIOR DOORS, KITCHEN W/S.S. APPLIANCES, GRANITE COUNTERTOPS AND […]

    Tip: One key difference between a will and a living trust is when they take effect. A will takes effect when you die; a living trust takes effect when you execute it and begins to operate when you transfer assets to it. Do you have a will? A will […]

A plain-language comparison of SEP IRAs and Solo 401(k)s to help self-employed individuals and small business owners decide which retirement plan fits their income and goals.

The NJDEA has opened a Small Business Improvement Grant Program and is now accepting applications.  Do you own a small business and are looking for a Small Business Improvement Loan? New Jersey Economic Development Authority has opened an improvement grant program and is now accepting applications. See below for details: […]

Starting and maintaining a successful business is rarely a perfect upward trajectory. As a business leader, you will face many situations that test the core of your vision, your stamina and your motivation on the journey to success. When these challenging events occur, it’s often helpful to think about the […]

We wanted to bring to your attention a new filing requirement that affects your small business. Starting this year, all small businesses and LLCs in the US are required to file a Beneficial Ownership Information Report (BOIR). This regulation stems from the Corporate Transparency Act (CTA), enacted to combat money […]

Planning for your own business Before you start your own business or buy an existing business, you should do some initial planning. You may have already decided what type of business you want — your own restaurant, retail outlet, service, or manufacturing plant. You need to choose a suitable location […]

Programs will provide approximately $35 million in short-term support for New Jersey companies impacted by Silicon Valley Bank In response to Silicon Valley Bank’s (SVB) collapse last week, Governor Phil Murphy announced that the New Jersey Economic Development Authority (NJEDA) will be opening, and launching, a series of programs designed to […]

Divorce touches nearly every part of a household’s finances. Here are the financial decisions worth getting right, from retirement accounts to the family home.

A practical way to size your emergency fund, decide where to keep it, and connect the target to the rest of your household’s financial plan.

A practical guide to shared goals, household cash flow, accounts, protection, taxes, and the planning conversations that help couples make decisions together.

The 2026 removal of the Department of Labor’s Retirement Security Rule from federal regulations has created a complex landscape where the definition…

What if your financial strategy wasn’t just a collection of separate accounts, but a deliberately engineered ecosystem designed to endure for…

Disclosure: This content is presented for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy…

Our first hero, our role model, teller of Dad jokes, music influencer, grill master, and our foundation. Enjoy your day, Dad!!

An integral part of managing your personal finances involves properly maintaining your financial records. This is especially important in the event of a crisis or emergency so that you can quickly locate something if needed. That’s why you should make a point of dusting off the cobwebs that have built […]

On this Memorial Day, let’s remember and honor the brave men and women who made the ultimate sacrifice for our freedom. Their legacy of service and sacrifice will be forever etched in our hearts.  Let’s take a moment to be grateful for their dedication and thank those who are still serving […]

With traditional pensions in decline, other work-based plans that are driven primarily by employee contributions, such as 401(k), 403(b), and 457(b) plans, are the bedrock of the U.S. retirement system. This means it’s up to you to build retirement savings. If you’d like to get started with retirement savings, or […]

We probably don’t say it enough but we appreciate everything you do!!! Put your feet up and enjoy your day!

MRA Advisory Group wishes all who celebrate a very Happy Easter!

MRA Advisory Group is excited to share some great news: Joe Verile has successfully passed the Certified Financial Planner™ (CFP®) exam. This is a significant accomplishment. The CFP® exam is widely recognized as one of the most rigorous certifications in the financial planning profession. It requires extensive preparation across a broad […]

We want to take a moment to recognize MRA’s own Adam Anderson, Director of Alternative Investments, for his recent appearance in the CNBC Cures documentary, which aired on March 19, 2026. We encourage you to take a few moments to watch the documentary and learn more about the challenges faced […]

Many younger Americans don’t really think about their credit score in their day-to-day lives, in fact some have never looked up their score at all. Others don’t know the range (the FICO score range, which most lenders use, is 300 to 850) or what constitutes a good or bad score. […]

Something has been happening that’s surprising to many Americans. Like snow falling quietly overnight, wealth has a way of sneaking up: steadily increasing salaries, 401(k) contributions, stock options, rising home equity, and inheritances. It accumulates while you’re busy living. If your financial identity hasn’t kept pace, understandably shaped more these […]

Your 20s and 30s are one of the most powerful decades of your financial life. During this crucial period, you may be starting your career from scratch, but time is definitely on your side. Use this time to build a few smart, repeatable habits early and let them run consistently. […]

May 2026 bring you happiness, prosperity, and good health!

May the Festival of Lights bring you and your family the warmth of joy, a glow of happiness, and a bright celebration filled with love and laughter.

If you’d like some guidance with financial planning for 2026, MRA Advisory Group offers complimentary first meetings with our advisors. Schedule one today and let’s get to work! Individual Income Tax Planning Adoption credit Adoption credit 2025 2026 Maximum credit $17,280 $17,670 Phaseout threshold amount $259,190 $265,080 Completed phaseout amount […]

All of us at MRA Advisory Group wish you and yours a very happy and relaxing Thanksgiving!

 “The Five Stages of Transition” with Frederica Peterson, Leadership Consultant, Executive Coach and Facilitator, is an intensive virtual on-demand class that will introduce you to 5 fundamental stages to help you manage through times of transition. “Life be lifin’!”  I have said it and heard it so much over the […]

Your brain is the boss of your mind and body. It never shuts down and is active even when you’re asleep. It determines how well you perform at work and how far you climb the career ladder, so it’s important to know what it needs to work for you. With […]

Many of the money “rules” aren’t rules at all, they’re mostly myths. From renting is “throwing your money away” or lattes “will keep you poor”, we tackle five bad myths. Many of these myths recur frequently because people hold strong opinions about them. They’ve grown up with these beliefs and […]

May this mark the beginning of a peaceful and happy year for you and your loved ones! Wishing you and yours a lucky 5786.

Claire Kerr wanted to downsize from her five-bedroom, four-bathroom house after her children were grown.  Rather than buy something smaller, the 64-year-old marketing manager at 7-Eleven decided she was tired of maintenance and repairs. So she sold her house and rented a two-bedroom home with a front porch and attached […]

Only a small slice of Generation Z is in the habit of paying themselves first. Just 15% of Gen Zers set aside a percentage of every paycheck in savings, and only one in five contribute to a 401(k) or other retirement account, according to a 2024 Bank of America survey. […]

Having a conversation with your parents about their finances can seem like a daunting task. However, it is an essential step in helping to ensure their financial well-being as they get older. Here are some practical tips to help you navigate these discussions. Start the conversation Talking about money can […]

How much do you need to retire? A common answer is $1.26 million, according to the Planning and Progress Study 2025 by insurance and financial company Northwestern Mutual. However, you may not need a million dollars to retire comfortably. We’d like to help you figure out what your retirement goals […]

As we gather to celebrate the 4th of July, we’re reminded of the values that make this country—and our community—so special: freedom, perseverance, and the pursuit of a better future. At MRA Advisory Group, we are grateful every day for the opportunity to serve you. Your continued trust and confidence […]

Mastering personal finance is an essential life skill. Beyond managing money, it’s about optimizing what you already have to build wealth and achieve financial freedom. Whether you are just beginning your career or want to enhance your habits, we discuss seven best practices that can anchor your financial life on […]

Marco Lima, CFP®, CFO, Wealth Advisor at MRA Advisory Group has been named yet again to AdvisorHub’s RIA “Advisors to Watch” list. AdvisorHub has created a list of 1,000 advisors with sophisticated practices, great growth, and a commitment to professionalism. These RIAs have assembled efficient and productive teams that have achieved […]

This Memorial Day, let’s remember and honor the brave men and women who made the ultimate sacrifice for our freedom. Their legacy of service and sacrifice will forever be etched in our hearts.  Let’s take a moment to be grateful for their dedication and thank those who are still serving our […]

An emergency fund isn’t just for major disasters. It’s for life’s everyday surprises: a flat tire, an unexpected medical bill, or a layoff you didn’t see coming. And while the idea of saving up months of expenses might sound overwhelming, getting started is easier than you think. An emergency fund […]

Your 40s are all about maximizing your earnings, minimizing taxes, and setting yourself up for financial independence. Here are seven moves to make now. This decade is all about maximizing your earnings, shielding assets from taxes and setting yourself up for a smooth glide into financial independence. Extra credit for […]

by the MRA Investment Committee Trump Administration Introduces New Tariff Measures On April 2nd, the Trump administration unveiled a sweeping set of tariffs. Unless specific exemptions are granted, a baseline 10% tariff applies to all imports from all countries. Additional “reciprocal tariffs” target approximately 60 countries deemed the worst offenders […]

Your credit score is an important factor in your financial life. It can affect your ability to get approved for loans, credit cards, and even rental agreements. If you have a low credit score, it can be frustrating and overwhelming to try to improve it. However, there are steps you […]

Financial advisors and wealth managers tend to guide their clients with a set of tried-and-true principles: simple, yet effective wisdom that has created wealth despite market crashes, international crises, and dramatic political shifts. For sophisticated investors, these principles sound like Investing 101. If you’ve ever sat down with an financial […]

The Harmonious Fight Against Lung Cancer: A New Perspective Lung cancer remains one of the most devastating illnesses worldwide, taking more lives each year than colon, breast, and prostate cancers combined. Yet, despite its widespread impact, lung cancer research continues to face significant challenges, including stigma and underfunding. Prelude to […]

I’m middle-aged; corporate working mom from NJ who has always carried around a few extra pounds. I love my wine. I love my treats. But I also have an insane passion for health and wellness. I love to share how I stay healthy and balanced and help others do the […]

Press Release FOR IMMEDIATE RELEASE MRA Advisory Group Opens New Parsippany Office January 24, 2025 – – MRA Advisory Group, a trusted leader in financial advisory wealth management and tax services, is proud to announce the opening of its newest office in Parsippany, NJ. This strategic expansion reflects the firm’s […]

You likely have heard of passive income but might be wondering what it really means. You might envision images of money flowing in effortlessly while you lounge on a beach. However, the reality is a bit different. Passive income is about creating systems and investments that generate revenue with minimal […]

As we prepare to close out 2024, it’s clear the year brought both challenges and opportunities for the economy and the banking industry. We are certainly ending 2024 in a very different place than where we began. From shifting regulatory environments to technology advancements and persistent housing shortages, the themes […]

There are lots of important numbers that we all need to keep in mind. In some cases, those numbers are annual limits that change each year. Other times, the figures do not often change but are used frequently. We’ve created the two-page “Important Numbers” summary guide in response to this […]

We are pleased to announce that our office is moving to a new location! Effective Monday December 2, 2024, we will be operating from our new address: MRA Advisory Group and MRA Tax Services 14 Walsh Drive, Suite 302 Parsippany, NJ 07054 The new location is less than a mile […]

Credit cards can be a convenient and useful financial tool, but it’s important to use them responsibly. Unfortunately, many people make common credit card mistakes that can end up costing them money and damaging their credit scores. In this blog post, we’ll take a look at four common credit card […]

The WealthBuilder Planning App. View your financial life. Anytime. Anywhere. Our WealthBuilder Planning services offer an ongoing collaborative financial planning process: Uncover financial blindspots: We help you identify financial blind spots in your personal economy. Find opportunities: We focus on finding opportunities for you to improve your chances to reach […]

Open an account today from the MRA Advisory Group website: Advisory Services are offered through MRA Advisory Group, a Registered Investment Adviser. It is general in nature that the statements herein are not a complete statement of all information necessary for making an investment decision and is not a recommendation […]

If you’d like to get a second opinion on your financial plan, you can schedule a complimentary 1st meeting with one of our advisors and we’ll give your plan a second look. The 50/30/20 budgeting rule is a simple and effective way to manage your money and achieve your financial […]

Beginning on October 1, 2024, the daily ACH withdrawal limit from MRA’s High Yield Savings account with StoneCastle, will be $25,000. The monthly limit will be $100,000 (every 30 days). Clients that have a need for withdrawals in excess of these limits, may simply choose the Fed wire option, which […]

Tracking your net worth is an important step in managing your financial health. It allows you to see your financial progress over time and helps you identify areas where you may need to make changes. Here’s how to track your net worth and the benefits of doing so. If you’re […]

When it comes to debt, it’s easy to think of all debt as being “bad.” However, not all debt is created equal, and understanding the difference between “bad” debt and “good” debt can be an important part of managing your finances and making informed financial decisions. First, let’s define “bad” […]

We understand how overwhelming financial stress can be. We offer complimentary 1st meetings with our advisors and can help you craft a plan that fits your lifestyle. Small steps do have big impact and we’re here to help. Financial stress is a common issue that can have a negative impact […]

Marco Lima, CFP®, CFO, Wealth Advisor at MRA Advisory Group has been named yet again to AdvisorHub’s RIA “Advisors to Watch” list. Advisors are ranked on: Scope of practice measured by assets, production and level of service Growth of practice consisting of year over year growth in assets, households and production, […]

Buying a house is a big decision and a significant financial commitment. It’s important to make sure you are ready before taking the plunge. Here are five signs that you may be ready to buy a house: You have a stable income and employment. One of the most important factors […]

When it comes to making purchases, it’s natural to want the best quality and the latest models, but sometimes it makes more sense to go for a used option. Whether you’re looking for a car, a piece of furniture, or a household appliance, buying used can offer a number of […]

We are thrilled to introduce our new YouTube channel. MRA Advisory Group is committed to providing you with exceptional service and expertise that can help you reach your financial goals and we’re excited to bring you another way to stay updated on financial news. Every Monday, we bring you our […]

If you’re on a journey to tackle your debt, it can be a long and challenging process. Here are five tips to help you on your journey: Create a budget: The first step in tackling your debt is to create a budget. A budget is a plan that outlines your […]

Have you considered the cash you keep at banks or other financial institutions? We’ve put many clients into the Federally Insured Cash Account (“FICA”). FICA offers: 1. A rate of 4.94% APY* 2. FDIC insurance up to $25 million per account 3. Overnight liquidity with no transaction limitations 4. Can link directly to your existing bank account […]

Reaching certain financial milestones can help you build a strong foundation for your future and set you up for long-term financial success. Here are five money milestones you should aim to hit before you turn 30: By reaching these financial milestones before you turn 30, you can set yourself up […]

If you’re new to budgeting and want to learn how to better manage your money, here’s a beginner’s guide to help you get started: Set a budget: The first step to managing your money effectively is to create a budget. A budget is a plan that outlines your income and […]

If you’re looking for a way to better manage your finances and create a budget, there are many online budgeting tools and apps available to help you get started. Here are five of the best online budgeting tools and apps to consider: No matter which budgeting tool or app you […]

There are some ages that are notable in life – from the age you can first legally vote, to the age you can legally drink. In the world of finance, there are notable ages as well that correspond to your financial life, and it starts as soon as you become […]

It may not be as fun as the cake tasting but working with a financial advisor to put together a plan, which highlights financial goals for this new stage of your life, is an important investment towards your future. If you’d like to learn more about how to put together […]

While many would agree that the past year has gone by so fast, we cannot deny that it hasn’t been kind to everyone. It has brought on a rollercoaster of events that challenged the way we run our business and our lives. Everyone felt that it was a tough year, […]

It can be difficult to get started with financial planning but we can help! At MRA Advisory Group we offer complimentary 1st meetings with our advisors. We’ll work with you to craft a financial plan that fits your lifestyle at the present time. Schedule a meeting today and let’s get […]

Goal setting is fundamental to sound financial planning. Whether you’re just starting or have been saving for a while, it is essential to identify and prioritize your objectives. Often, however, it’s difficult to express and assign your goals. Are you looking for retirement planning? Tax or estate planning? Are you […]

All of us at MRA Advisory wish you a Festival of Lights filled with happy memories, blessings, and prosperity in the new year. And your table filled with latkes, laughter, and love!

Advisory Services are offered through MRA Advisory Group, a Registered Investment Adviser. It is general in nature that the statements herein are not a complete statement of all information necessary for making an investment decision and is not a recommendation or a solicitation to buy or sell any security. The […]

Have you considered the cash you keep at banks or other financial institutions? We’ve put many clients into the Federally Insured Cash Account (“FICA”). FICA offers: 1. A rate of 4.94% APY* starting today September 7, 2023 (an increase from the current rate of 4.71% APY*). 2. FDIC insurance up to $25 million per account 3. Overnight […]

“No work is insignificant. All labor that uplifts humanity has dignity and importance and should be undertaken with painstaking excellence” – Martin Luther King, Jr. Be proud of what you do and take pride in a job well done! Today we thank, and honor, all American workers. We appreciate your […]

Job loss can cause stress Losing your job can take an emotional toll on you and your family. Recognizing these emotions and dealing with them positively can go a long way toward helping you and your family cope with the stress that often follows a job loss. Emotional reaction Your […]

If you’re considering changing jobs, you’re not alone. Today, few people stay with one employer until retirement. It’s likely that at some point during your career, you’ll be looking for a new job. You may be looking to make more money or seeking greater career opportunities. Or, you may be […]

When you sit down with a financial professional to update your retirement plan, you may encounter a Monte Carlo simulation, a financial forecasting method that has become more prevalent in the last few years. Monte Carlo financial simulations project and illustrate the probability that you’ll reach your financial goals, and […]

Are you unsure about whether you’re on the right track with your savings and investments? Finding yourself with new responsibilities, such as the care of a child or an aging parent? Facing other life events, such as marriage, divorce, the sale of a family business, or a career change? Too […]

What would you do with an extra $10,000? Maybe you’d pay off some debt, get rid of some college loans, or take a much-needed vacation. What if you suddenly had an extra million or 10 million or more? Now that you’ve come into a windfall, you have some issues. You’ll […]

Who doesn’t love the sound of an early retirement? For many busy executives and business owners, slowing down and enjoying your financial success early in life becomes a primary goal. But before focusing solely on whether you can retire early financially, also consider what you plan to do after retiring […]

Have you considered the cash you keep at banks or other financial institutions? We’ve put many clients into the Federally Insured Cash Account (“FICA”). FICA offers: 1. A rate of 4.71% APY* starting today August 7, 2023 (an increase from the current rate of 4.45% APY*). 2. FDIC insurance up to $25 million per account 3. Overnight […]

On June 20th, 2023 AdvisorHub released their list of “Fastest Growing Advisors to Watch” and MRA Advisory Group is pleased to announce that Marco Lima, CFP®, CFO, Wealth Advisor was, once again, included in their list! AdvisorHub’s methodology on the ranking is “We broke the ranking criteria into three main categories: Scope of practice measured by assets, production, and […]

Today we honor and remember our brave fallen heroes with gratitude and thanks. “Who kept the faith and fought the fight; The glory theirs, the duty ours.”– Wallace Bruce

We wanted to reach out and get you thinking about the cash you keep at banks or other financial institutions. We’ve been putting many of our clients into Federally Insured Cash Accounts (“FICA”). FICA offers: 1. A rate of 4.45% APY* starting tomorrow May 15, 2023 (an increase from the […]

Today, I want to talk with you about investing in Climate Change Initiatives. Earth Day was celebrated last month on April 22nd with many organizations illustrating how they understand the importance of climate change and the need to directly invest in ways to improve our natural resources of land, water, […]

Nick Pirsos, Wealth Advisor at MRA Advisory Group, published his updated view of equity markets. You are invited to schedule a complimentary first meeting (via the link below) to discuss his views in greater detail and learn how to optimize your portfolio to better attain your retirement goals. The National […]

All of us at MRA wish those who celebrate an Easter filled with Hope, Faith, and Joy, filled with the laughter of family

MRA Advisory Group wishes all who celebrate a Happy & Joyous Passover filled with love, laughter, and family

Nick Pirsos, Wealth Advisor at MRA Advisory Group, published his updated view of equity markets. You are invited to schedule a complimentary first meeting (via the link below) to discuss his views in greater detail and to learn how to best optimize your portfolio to better attain your retirement goals. […]

You may have lost your job already, or it’s something you’re concerned about. Either way, the keys to surviving a job loss financially are to plan ahead, take stock of your income, and cut your expenses. Experiencing a job loss is never fun but with a few plans in place, […]

Nick Pirsos, Wealth Advisor at MRA Advisory Group, published his updated view of equity markets. You are invited to schedule a complimentary first meeting (via the link below) to discuss his views in greater detail and to learn how to best to optimize your portfolio to better attain your retirement […]

Most financial professionals suggest that you have three to six months’ worth of living expenses in your cash reserve. The actual amount, however, should be based on your particular circumstances. Do you have a mortgage? Do you have short-term and long-term disability protection? Are you paying for your child’s orthodontics? […]

Yield. Safety. Liquidity $100,000 Minimum Initial Deposit | No Transaction Limits MRA Advisory Group wants to get you thinking about the cash you keep at banks or other financial institutions. We’ve been putting many of our clients into the Federally Insured Cash Account (“FICA”). FICA offers:   1. A rate of 4.11% […]

Advisory Services are offered through MRA Advisory Group, a Registered Investment Adviser. This information was developed by Broadridge, an independent third party. It is general in nature, is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to […]

Nick Pirsos, Wealth Advisor at MRA Advisory Group, published his updated view of equity markets. You are invited to schedule a complimentary first meeting (via the link below) to discuss his views in greater detail and to learn how to best optimize your portfolio to better attain your retirement goals. […]

What are you waiting for? Start 2023 with a virtual meeting with one of our advisors and get started on your financial goals. Do you have questions? We have answers! We’ll partner with you to find opportunities and make a plan that puts your financial goals within reach.

  MRA Advisory Group wants to get you thinking about the cash you keep at banks or other financial institutions. We’ve been putting many of our clients into the Federally Insured Cash Account (“FICA”). FICA offers:   1. A rate of 3.95% APY* starting January 1, 2023 (an increase from the […]

It’s that time again! During the holidays, many people take stock of the previous year and we’re no different. As we reflect on the past year, we’d like to give you our thanks for being a highly valued client, or for considering our services. We appreciate your continued confidence in […]

Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you’ll need to estimate not only your anticipated expenses but also what sources of retirement income you’ll have and how long you’ll need your retirement savings to last. You’ll need to take […]

Nick Pirsos, Wealth Advisor at MRA Advisory Group, published his updated view of equity markets. You are invited to schedule a complimentary first meeting (via the link below) to discuss his views in greater detail and to learn how to best optimize your portfolio to better attain your retirement goals. […]

Have a big purchase coming up in the next year or so? Joe Verile, CRPC®, of MRA Advisory Group, discusses how you can make your money work for you. Investing in a choppy stock market like the one we’re in now may not be ideal if you need your principal […]

Nick Pirsos, Wealth Advisor at MRA Advisory Group, published his updated view of equity markets. You are invited to schedule a complimentary first meeting (via the link below) to discuss his views in greater detail and to learn how to best optimize your portfolio to better attain your retirement goals. […]

One of the best things you can do for yourself and your family is to be prepared to manage your finances responsibly. Knowing the basics behind a well-thought-out investment strategy can help you protect yourself from fraud and/or communicate effectively with a financial professional or spouse. Are you unsure about […]

Yield. Safety. Liquidity. No Minimums | No Transaction Limits APY 2.20%* We want you to think about the cash you keep at banks or other financial institutions. At MRA Advisory Group we’ve been putting many of our clients into the Federally Insured Cash Account (“FICA”). FICA offers: 1. A rate […]

Federal Reserve Chairman Jay Powell remains in uber-monetary tightening mode utilizing higher interest rates, continued quantitative tightening, and equally important, increased tough jawboning to get inflation expectations, notably his, under control. After the Chairman’s most direct August comments at the Jackson Hole Conference, he once again spooked equity markets in mid-September […]

As we’re all aware, Florida is dealing with Hurricane Ian’s fallout right now. Our thoughts are with our MRA family, clients, and all Floridians as they battle this storm, with the hope they are in safe and secure locations. Our hearts are with those communities that were hit the hardest. […]

If you’re a business owner wondering about Succession Planning and the future of your business, look no further! Lawrence K. Bogar, of MRA Tax Services is here to help. Larry strives to help business owners identify and prioritize their objectives with respect to their businesses, their employees, and their families. […]

Nick Notes for September just released! Nick Pirsos, Wealth Advisor at MRA Advisory Group, published his updated view of equity markets. You are invited to schedule a complimentary first meeting (link below) to discuss his views in greater detail and to learn how to best optimize your portfolio to better […]

Nick Pirsos, Wealth Advisor at MRA Advisory Group, gives his thoughts on the market. Below is Nick’s August recap. Nick offers a complimentary first meeting (via the link below), learn more about him and schedule your complimentary meeting today for assistance in positioning your portfolio for the fast changing business […]

Nick Pirsos, Wealth Advisor at MRA Advisory Group, gives his thoughts on the market. Below is Nick’s June recap. Nick offers a complimentary first meeting (via the link below), learn more about him and schedule your complimentary meeting today for assistance in positioning your portfolio for the fast changing business […]

Federal Reserve Chairman Jerome Powell told congressional lawmakers Wednesday that the central bank is determined to bring down inflation and has the ability to make that happen. “At the Fed, we understand the hardship high inflation is causing. We are strongly committed to bringing inflation back down, and we are moving expeditiously […]

MRA Advisory Group would like to take a moment to honor the sacrifices of all veterans, those currently in active service, along with our co-workers and clients who have served our country. We, and the nation, will not forget your service. We are indebted to the heroes who gave their […]

Do you picture yourself owning a new home, starting a business, or retiring comfortably? These are a few of the financial goals that may be important to you, and each comes with a price tag attached. That’s where financial planning comes in. Financial planning is a process that can help […]

All of us at MRA Advisory Group wish our Moms a very Happy Mother’s Day. We couldn’t have done it without you, Mom!! Enjoy your day, you deserve it.

Advisor Wednesdays are here! Financial Advisors care more about you & your money than anyone who doesn’t share your last name. MRA Advisory Group advisors make themselves available for complimentary individual meetings the last Wednesday of each month. Schedule a complimentary first meeting with us for the last Wednesday of […]

Like a newly built house, your financial journey requires a strong foundation to be set in order to stay strong for years to come. In this video, Joseph Verile, CRPC® shares his 5 best tips for you to get started on building that financial foundation. If you have any questions […]

The first step to financial independence is getting organized and having a plan. Joseph Verile, CRPC® of MRA Advisory Group discusses the various ways you can start taking steps to build your financial future, feel more comfortable in your journey, and have the tools you need to reach your goals. […]

What is Seminole 100? Seminole 100 is an annual celebration honoring the 100 fastest-growing businesses owned or led by Florida State University alumni. Our own Adam C. Anderson, CFP, CRPC, Director of Alternative Investments is a proud Florida State alumni. Alumni from Florida State University are responsible for some of […]

MRA Advisory Group announces that Director of Tax Services Alison C. Cogan, CPA has successfully completed all the requirements to obtain the Personal Financial Specialist (PFS) credential from the American Institute of CPAs, joining a group of professionals who have demonstrated advanced knowledge of tax, estate, retirement, investment and insurance […]

MRA Advisory Group is proud to introduce Advisor Wednesday (AW). Every last Wednesday of each month, MRA Advisors will be making themselves available for complimentary individual meetings with members of our community. It’s our way to give back and to help educate individuals on how to improve their overall financial […]

As 2021 draws to a close, the MRA family would like to extend our gratitude and give our heartfelt thanks to all of you, our friends, family & clients, for your continued friendship and faith in us as your professional financial service providers. Our team has worked hard all year […]

At this time of year, we all reflect on what we’re thankful for and all of us at MRA Advisory Group are thankful for our clients and are grateful for your continued confidence in us. We take your trust in us seriously. We’d also like to thank our families, near […]

GivingTuesday, a day for charitable giving, is held annually on the Tuesday after Thanksgiving (in 2021, GivingTuesday is November 30). With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also […]

Hello! I’m Coach Jen and I’m excited to be offering some healthy content while we all get financially healthy with MRA Advisory Group. As a busy working mom I know it’s hard to make the time for ourselves. It’s why I get up at 4:30 in the morning and have […]

Beth Wahlig, Wealth Advisor at MRA Advisory Group will be presenting a webinar on Tuesday, November 9th at 7:oo pm as part of her Women & Wealth series. Beth will be discussing common blind spots people have when it comes to their finances and planning for the future. Missing a […]

Thinking about moving out of state? Consider these issues. In addition to the logistical challenges and the stress of relocation, this life transition can present a variety of financial issues that significantly impact your finances. It’s important to identify and weigh options and strategies, pre- and post-move, in order to […]

Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you’ll need to estimate not only your anticipated expenses, but also what sources of retirement income you’ll have and how long you’ll need your retirement savings to last. You’ll need to take […]

The first half of 2021 is behind us. As life emerges from the pandemic to a “new normal,” a mid-year financial checkup may be more important than ever this year. Here are some ways to make sure that your financial situation is continuing on the right path. Reassess your financial […]

View your financial life. Anytime. Anywhere. Access to our WealthBuilder Planning portal is always free. Paid subscribers work with a dedicated fiduciary advisor who understands that every investor is unique. We employ a systematic process to help our clients achieve their financial goals. Your subscription includes: – Dedicated fiduciary advisor. Most of our […]

If you pay attention to financial news, you are probably seeing a lot of discussion about inflation, which has reared its head in the U.S. economy after being mostly dormant for the last decade. In May 2021, the Consumer Price Index for All Urban Consumers (CPI-U), often called headline inflation, rose at an annual rate of 5.0%, the highest 12-month increase since August 2008.

As baby boomers retire, they begin to focus less on accumulating assets and more on how those assets can be converted into an ongoing stream of income. Distribution funds are one way to simplify that process. Distribution funds are actively managed mutual funds that focus not on maximizing asset growth […]

On May 7, 2021, the Colonial Pipeline, which carries almost half of the East Coast’s fuel supply from Texas to New Jersey, shut down operations in response to a ransomware attack. Colonial paid a $4.4 million ransom not long after discovering the attack, and the pipeline was reopened within a […]

Dads ~ thank you for everything you do for us! Strong, protective, fun, provider, advice-giver….Super Hero!! Enjoy your day – you deserve it!!

Our Team appreciates your trust in our firm to help you reach your financial goals and dreams. MRA Advisory Group is constantly striving to provide the best experience to our clients and we’d like future clients to understand how we can help them make confident decisions regarding their future and […]

MRA Advisory Group is pleased to announce our advisor and Operations and Account Manager, Joe Verile has successfully passed his designation exam and become a Chartered Retirement Planning Counselor (CRPC®). Part of this commitment involves hundreds of hours dedicated to continuing education and staying up to date on industry trends, […]

Do you picture yourself owning a new home, starting a business, or retiring comfortably? These are a few of the financial goals that may be important to you, and each comes with a price tag attached. That’s where financial planning comes in. Financial planning is a process that can help […]

If someone told you about an investment that has made some people millionaires overnight and has both a number of high-profile supporters and a global reach, would be be tempted to invest? If you were then told that the same investment also could lose most or all of its value […]

Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you’ll need to estimate not only your anticipated expenses, but also what sources of retirement income you’ll have and how long you’ll need your retirement savings to last. You’ll need to take […]

Our WealthBuilder Planning software lets you view your financial life. Anywhere. Anytime. Set goals, uncover financial blindspots, track performance and cash flow, view progress, and contact an advisor right from the portal. Sign up today and get started on the path to reach your financial goals. https://mraadvisory.com/mra-advisory-group/financial-planning/ Advisory Services offered […]

Are health insurance premiums taking too big of a bite out of your budget? Do you wish you had better control over how you spend your health-care dollars? If so, you may be interested in an alternative to traditional health insurance called a health savings account (HSA). How does this […]

Children are a special blessing and their arrival brings boundless love and joy into our lives that you can’t put a price on. But adding a child to the household impacts the family budget in very measurable ways. Whether this is your first child or your fourth, here are some […]

Are you unsure about whether you’re on the right track with your savings and investments? Finding yourself with new responsibilities, such as the care of a child or an aging parent? Facing other life events, such as marriage, divorce, the sale of a family business, or a career change? Too […]

All of us at MRA Advisory Group would like to wish all of you a very Happy and Healthy 2021. This has been a very hard year for so many people and we hope 2021 is better for everyone. Thank you to all the essential workers who continually put their […]

All of us at MRA Advisory Group wish you and yours a very Happy Thanksgiving. We know Thanksgiving may look very different this year for many families, including our own, but we are thankful for all of you and grateful to those in our lives who’ve made us who we […]

Beth Wahlig, Director of Socially Responsible Investing, at MRA Advisory Group is hosting a webinar for women, to learn more about how your life choices affect your finances. Get started today in planning for your financial future. Tuesday, Nov. 10th 7:oo pm – 8:oo pm RSVP to Beth for Zoom […]

Whether at home, work or on a cell phone, it’s a scenario many Americans have found themselves in: answering a phone call only to find out it’s from an unwanted robocaller. In fact, the number of unwanted robocalls in this country has skyrocketed in recent years. The Federal Communications Commission […]

No matter what holiday you celebrate MRA Advisory Group wishes you a wonderful holiday season surrounded by love and laughter.

Like almost everything else these days, the holidays have become a barrage of options and choices, with nearly limitless opportunities to overspend. Here are some tips to help you make sure your family’s spending remains in check this holiday season. Develop a spending strategy First and foremost, develop a budget. […]

Here’s what we learned. Don is an independent creative director providing design and advertising services to companies of all sizes from start-ups to Fortune 100. His company, August Design Group, is part of a creative consortium which allows him to provide any and all marketing services a client needs with […]

Here’s what we learned. Mosaic Meetings and Events, LLC is an inclusive corporate event planning firm, based in New Hope, PA.  I work with clients all over the country, creating engaging meetings and events.  For more information, please check out my website at www.mosaicmeetingsandevents.com or email me at sharon@mosaicmeetingsandevents.com How […]

Here’s what we learned. Verena has worked in healthcare for over 25 years and became interested in safer ingredients for personal care products a few years ago. Following a discussion with an old school friend and lots of research, Verena made a move into using safer, cleaner beauty products and […]

MRA Advisory Group Sits Down with Robert Snyder. Here’s what we learned. Robert Snyder is a mortgage advisor with Silex Financial Group in Hawthorne New Jersey. He has more than 15 years’ experience in the business. Obtaining a residential mortgage can be a confusing process. Lending guidelines are often difficult […]

Cole Ferry is a personal property appraiser who assists clients with written certified reports for insurance, donation, and estate purposes. He is an Accredited Member of the Appraisers Association of America and was recognized with the organization’s “Service to Education Award” in November 2018. He is a graduate of Rutgers […]

MRA Advisory Group Sat Down with Donna “Sami” Prata. Here’s what we learned: Donna, known as Sami to her clients, has been a hair stylist and colorist for 20 years. She is currently working at the Stella Valentine Salon in Long Valley, NJ, which is a Morris/Essex Health and Life […]

  If you don’t know what happened to your money during the past year, it’s time to find out. December and January are the perfect months to look back at what you earned, saved, and spent, as W-2s, account statements, and other year-end financial summaries roll in. How much have […]

  Caring for your aging parents is something you hope you can handle when the time comes, but it’s the last thing you want to think about. Whether the time is now or somewhere down the road, there are steps that you can take to make your life (and theirs) […]

Some of us share a common experience. You’re driving along when a police cruiser pulls up behind you with its lights flashing. You pull over, the officer gets out, and your heart drops. “Are you aware the registration on your car has expired?” You’ve experienced one of the costs of […]

A practical way to estimate a college savings goal, choose a monthly contribution, and keep education costs connected to the rest of your family plan.

After opening late the last two years, the FAFSA (Free Application for Federal Student Aid) for the 2026-2027 school year is back on track to open on the usual start date of October 1. Last year, in addition to the FAFSA opening late in December, families faced government processing delays […]

It can be difficult to get started with financial planning but we can help! At MRA Advisory Group we offer complimentary 1st meetings with our advisors. We’ll work with you to craft a financial plan that fits your lifestyle at the present time. Schedule a meeting today and let’s get […]

You can, but it isn’t your best option. Your 401(k) plan should be dedicated primarily to your retirement. There are two primary drawbacks to using your 401(k) for college funding. First, if you withdraw funds from your 401(k) before you are 59½, you will owe a 10% premature distribution penalty […]

Congratulations graduate, you’ve accomplished great things! Retirement is probably the last thing on your mind but it’s never too early to get started with a plan. Small steps have a big impact. We can help with that. We offer complimentary 1st meetings with our advisors and we’ll work with you […]

Financial need is generally determined by looking at a family’s income, assets, and household information. The government’s aid application, the FAFSA, uses a formula known as the federal methodology. A detailed analysis of the formula is beyond the scope of this article, but generally here’s how it works: (1) parent […]

What the program means for you, and what comes next President Biden, Vice President Harris, and the U.S. Department of Education have announced a three-part plan to help working and middle-class federal student loan borrowers transition back to regular payment as pandemic-related support expires. This plan includes loan forgiveness of […]

October is the kickoff season for financial aid. That’s when incoming and returning college students can start filing the Free Application for Federal Student Aid, or FAFSA, for the next academic year. The FAFSA is a prerequisite for federal student loans, grants, and work-study, and may be required by colleges […]

Raising kids is hard enough, so why not make things easier for yourself when it comes to saving for college? Ideally, you want a savings vehicle that doesn’t impose arbitrary income limits on eligibility; lets you contribute a little or a lot, depending on what else happens to be going […]

  The College Board has released college cost data for the 2018-2019 school year in its annual Trends in College Pricing report. Here are the highlights:   4-Year Public Colleges (in-state students): Tuition and fees increased an average of 2.5% to $10,230 Room and board increased an average of 3.1% […]

  For the 2019-2020 school year, the federal government’s financial aid form, the FAFSA, can be filed as early as October 1, 2018. It relies on current asset information and two-year-old income information from your 2017 tax return, which means you’ll have the income data you need when you sit […]