TSG Financial Blog

Posted by Debbie Gluzband on Mar 22nd, 2017


Contact us to learn more ways to save money on health care.

Read More
Posted by Debbie Gluzband on Mar 22nd, 2017

Though it may seem like a difficult feat, you can still maintain your diet while enjoying a meal out with friends and family. Since restaurants, especially fast food chains, tend to serve meals with more fat, salt and sugar than a meal prepared at home, it is important to understand what foods to avoid and which ones to select from a menu.

In general, steer clear of these foods while dining out:

  • Condiments such as salad dressings, cheese sauces, tartar sauce and gravy
  • Butter and cheese
  • Fried foods such as chicken or french fries
  • Beverages such as regular soda, whole milk and alcoholic drinks

One of the most important proactive approaches to healthy eating while you are out to eat is to watch your portion sizes. Restaurant portions are typically double what you would normally eat at home. Either request a smaller portion of the desired meal or ask the wait staff to wrap up half the meal right away and take it home to eat the next day.

Most importantly, don’t get discouraged. Everyone has their off-days, and just because you have one bad day doesn’t mean that you have to give up or overcompensate by starving yourself the next day or pushing yourself too hard in the gym.

This article is intended for informational purposes only and is not intended to be exhaustive, nor should any discussion or opinions be construed as professional advice. Readers should contact a health professional for appropriate advice.

© 2017 Zywave, Inc. All rights reserved.

Want more information? Call us today at (516) 747-3355 to learn how to sign up for newsletters from TSG Financial.

TSG Financial LLC is a Financial Services company located in Garden City, NY. Securities offered through Securities America, Inc. Member FINRA (www.finra.org)/SIPC (www.sipc.org). Advisory services offered through Securities America Advisors, Inc. TSG Financial, Risk Strategies Company and Securities America are separate entities. Securities licensed in: AZ, CA, CO, CT, DE, FL, GA, IL, IN, IA, KS, LA, MD, MA, NJ, NY, NC, OH, OR, PA, SC, TX, UT, VA, DC . The third-party comments displayed are not verified, may not be accurate and are not necessarily representative of our client experience.

Read More
Posted by Debbie Gluzband on Mar 14th, 2017

DID YOU KNOW?

Becoming health care literate can be complicated. Knowing your benefits and their costs can be a daunting task for anyone.

In fact, being health care literate might be even harder than you think.

  • More than 1 in 3 Americans (77 million people) have difficulty with common health tasks, like reading a prescription drug label or making a wise health care decision.
  • Low health literacy is estimated to cost the United States $106 billion to $238 billion annually and accounts for 7 to 17 percent of all personal health care expenditures.

Source: U.S. Department of Education’s National Assessment of Adult Literacy (NAAL)

This article is intended for informational purposes only and is not intended to be exhaustive, nor should any discussion or opinions be construed as professional advice. Readers should contact a health professional for appropriate advice.

© 2017 Zywave, Inc. All rights reserved.

Want more information? Call us today at (516) 747-3355 to learn how to sign up for newsletters from TSG Financial.

TSG Financial LLC is a Financial Services company located in Garden City, NY. Securities offered through Securities America, Inc. Member FINRA (www.finra.org)/SIPC (www.sipc.org). Advisory services offered through Securities America Advisors, Inc. TSG Financial, Risk Strategies Company and Securities America are separate entities. Securities licensed in: AZ, CA, CO, CT, DE, FL, GA, IL, IN, IA, KS, LA, MD, MA, NJ, NY, NC, OH, OR, PA, SC, TX, UT, VA, DC . The third-party comments displayed are not verified, may not be accurate and are not necessarily representative of our client experience.

Read More
Posted by Debbie Gluzband on Mar 8th, 2017

Are you following TSG Financial on Twitter and LinkedIn? Here's what's happening on our social media:

Read More
Posted by Debbie Gluzband on Mar 6th, 2017

According to a recent Motley Fool article, the average U.S. citizen carries eight credit cards in their wallet, which begs a question regarding the optimal number. The answer probably varies with your objectives and circumstances.

If you’re most concerned about maintaining a high FICO™ score, the number of cards isn’t as important as other factors. While Fair Isaac Corporation, the company that assigns the scores, doesn’t divulge the exact formula it uses, it shares factors considered with their respective weights:

  • Payment history: 35 percent
  • Amounts owed: 30 percent
  • Length of credit history: 15 percent
  • Credit mix: 10 percent
  • New credit: 10 percent

Having a small proportion of debt compared to available credit helps your score. Having six cards and owing $2,000 is better than having one card with a $3,000 limit and a $1,500 balance – provided you make payments on time. Fair Isaac says your FICO can suffer a little once you acquire more than seven revolving debt accounts. And opening too many new cards in a short period can particularly ding it.

Using multiple cards makes tracking spending more difficult. But even if you don’t use many of your cards, you still need to monitor them to make sure the bank didn’t add or increase an annual fee or someone hasn’t used them fraudulently. An alternate way to improve your ratio with fewer cards is to periodically ask your credit card company to increase your limit by a few thousand dollars.

In addition to lowering your debt-to-available-credit ratio, closing accounts can knock points off your length of credit history. For this reason, you should try to keep a few cards open long-term, especially any you had before you got married. (It’s important to keep some accounts that only have your name on them.) You may need to use cards periodically so the company doesn’t cancel them. If you close an account, talk to a live operator and specify you want the account closed “at the cardholder’s request.” A closed account’s positive information will stay on your report from seven to 10 years.

For more information on monitoring your accounts and credit history or for tips on protecting your finances, please give our office a call.

Want more information? Call us today at (516) 747-3355 to learn how to sign up for newsletters from TSG Financial.

TSG Financial LLC is a Financial Services company located in Garden City, NY. Securities offered through Securities America, Inc. Member FINRA (www.finra.org)/SIPC (www.sipc.org). Advisory services offered through Securities America Advisors, Inc. TSG Financial, Risk Strategies Company and Securities America are separate entities. Securities licensed in: AZ, CA, CO, CT, DE, FL, GA, IL, IN, IA, KS, LA, MD, MA, NJ, NY, NC, OH, OR, PA, SC, TX, UT, VA, DC . The third-party comments displayed are not verified, may not be accurate and are not necessarily representative of our client experience.

Read More
Posted by Debbie Gluzband on Mar 1st, 2017

Stress in the workplace is on the decline, according to a recent study from health portal provider MediKeeper, Inc.

The majority of respondents said, on a scale of one to five, that their stress level was at a two in 2016. This is down from 2014, where the majority said they were at a level three.

Similarly, the number of people who reported a level one increased by 58 percent over the same two-year period.

Curb your stress with these helpful tips:

  • Make to-do lists of tasks that need completing and cross off items as you finish them.
  • Talk with a co-worker about things that are bothering you. Getting support from friends is a great way to relax and reduce anxiety.
  • If you continually run late, set your clocks and watch ahead to give yourself extra time.
  • Read over your job description so you know exactly what is expected of you.

This article is intended for informational purposes only and is not intended to be exhaustive, nor should any discussion or opinions be construed as professional advice. Readers should contact a health professional for appropriate advice.

© 2017 Zywave, Inc. All rights reserved.

Want more information? Call us today at (516) 747-3355 to learn how to sign up for newsletters from TSG Financial.

TSG Financial LLC is a Financial Services company located in Garden City, NY. Securities offered through Securities America, Inc. Member FINRA (www.finra.org)/SIPC (www.sipc.org). Advisory services offered through Securities America Advisors, Inc. TSG Financial, Risk Strategies Company and Securities America are separate entities. Securities licensed in: AZ, CA, CO, CT, DE, FL, GA, IL, IN, IA, KS, LA, MD, MA, NJ, NY, NC, OH, OR, PA, SC, TX, UT, VA, DC . The third-party comments displayed are not verified, may not be accurate and are not necessarily representative of our client experience.

Read More
Posted by Debbie Gluzband on Feb 21st, 2017

Many employers offer high deductible health plans (HDHPs) to control premium costs and then pair this coverage with health savings accounts (HSAs) to help employees with their health care expenses.

An HSA is a tax-favored trust or account that can be contributed to by, or on behalf of, an eligible individual for the purpose of paying qualified medical expenses. For example, individuals can use their HSAs to pay for expenses covered under their HDHPs until their deductibles have been met, or they can use their HSAs to pay for qualified medical expenses not covered by their HDHPs, such as dental or vision expenses.

HSAs provide a triple tax advantage—contributions, investment earnings and amounts distributed for qualified medical expenses are all exempt from federal income tax, Social Security/Medicare tax and most state income taxes. Due to an HSA’s potential tax savings, federal tax law includes strict rules for HSA contributions.

Links And Resources

·    IRS Publication 969, Health Savings Accounts and Other Tax-favored Health Plans

·    IRS Notice 2004-50

·    IRS Revenue Procedure 2016-28, which includes the inflation-adjusted HSA contribution limits for 2017

Contribution Limits

·   For 2017, $3,400 for individuals with self-only coverage and $6,750 for individuals with family coverage.

·   Individuals who are age 55 or older may make an additional $1,000 “catch-up” contribution. 

Contribution Rules

·   For each month an individual is HSA-eligible, he or she may contribute one-twelfth of the applicable maximum contribution limit.

·   The full-contribution rule is a special rule that allows an individual who is HSA-eligible for only part of a year to make a full year’s worth of HSA contributions.

·   A special contribution limit applies to married spouses when either spouse has family HDHP coverage. 

This Compliance Overview is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel for legal advice.

© 2015-2017 Zywave, Inc. All rights reserved. EM 1/17

Want more information? Call us today at (516) 747-3355 to learn how to sign up for newsletters from TSG Financial.

TSG Financial LLC is a Financial Services company located in Garden City, NY. Securities offered through Securities America, Inc. Member FINRA (www.finra.org)/SIPC (www.sipc.org). Advisory services offered through Securities America Advisors, Inc. TSG Financial, Risk Strategies Company and Securities America are separate entities. Securities licensed in: AZ, CA, CO, CT, DE, FL, GA, IL, IN, IA, KS, LA, MD, MA, NJ, NY, NC, OH, OR, PA, SC, TX, UT, VA, DC . The third-party comments displayed are not verified, may not be accurate and are not necessarily representative of our client experience.

Read More
Posted by Debbie Gluzband on Feb 13th, 2017

Several of this year’s changes to Social Security are so minor, they could be easy to miss. Beginning this month, benefit payments will be 0.3 percent larger, thanks to a modest cost-of-living adjustment (COLA). For the average beneficiary who receives a $1,360 monthly check, this will result in approximately $5 extra. However, the beneficiary who has their Part B Medicare premiums taken out of their Social Security check will see little if any change since the COLA will be offset by a Medicare premium increase around the same amount.

Here are a few more noticeable changes:

The maximum monthly benefit at full retirement age will move from $2,639 to $2,687 a month. A higher payment may be possible for those who delay drawing beyond their full retirement age.

As the full retirement age continues to increase, individuals with later target ages will still be allowed to retire at 62 but will incur greater reductions in their monthly benefits.

Individuals who retire early will be allowed to earn an additional $1,200 this year, bringing the maximum annual amount they can earn without affecting their Social Security benefits to a total of $16,920. They will still lose $1 in benefits for every $2 of earned income over that amount until the year they turn their full retirement age. Those reaching their full retirement age in 2017 can earn up to $44,880 in the months prior to their birthday without losing benefits. If their income exceeds $44,880 before their birthday month, they will lose $1 for every $3 over the limit. Once they’ve reached full retirement age, their benefits will not be affected by income.

About 12 million Americans will see a tax hike as the largest percentage increase in Social Security maximum taxable earnings since 1983 goes into effect. For the past two years, workers only paid Social Security taxes on their first $118,500 of earnings. This year, the taxable maximum jumps to $127,200. For high-income earners, an extra $8,700 could be subject to the 6.2 percent Social Security payroll tax, resulting in up to $539 in extra taxes. Self-employed individuals could see their tax bill jump over $1,000, although they can deduct the employer portion on their return. 

You may not be able to control legislation Congress passes affecting Social Security, but you can do your part to work toward a secure retirement. Please feel free to call us and set up an appointment to review your portfolio and discuss your retirement goals.

Securities America and its representatives do not provide tax advice; coordinate with your tax advisor regarding your specific situation.

Want more information? Call us today at (516) 747-3355 to learn how to sign up for newsletters from TSG Financial.

TSG Financial LLC is a Financial Services company located in Garden City, NY. Securities offered through Securities America, Inc. Member FINRA (www.finra.org)/SIPC (www.sipc.org). Advisory services offered through Securities America Advisors, Inc. TSG Financial, Risk Strategies Company and Securities America are separate entities. Securities licensed in: AZ, CA, CO, CT, DE, FL, GA, IL, IN, IA, KS, LA, MD, MA, NJ, NY, NC, OH, OR, PA, SC, TX, UT, VA, DC . The third-party comments displayed are not verified, may not be accurate and are not necessarily representative of our client experience.

Read More
Posted by Debbie Gluzband on Feb 8th, 2017

Heart disease is the leading cause of death for both women and men in the United States, causing about 610,000 deaths annually. Heart disease is also an extremely expensive disease—costing the United States about $207 billion annually in the cost of health care, medications and lost productivity. 

Fortunately, heart disease can often be prevented by living a healthy lifestyle and properly managing health conditions. American Heart Month, organized by the American Heart Association (AHA), is designed to raise awareness about heart disease and how people can prevent it. Some simple self-care and prevention strategies include the following:

  • Visit your primary care physician regularly.
  • Refrain from smoking.
  • Maintain a healthy weight.
  • Limit your sodium intake.
  • Eat a well-balanced, healthy diet.
  • Exercise regularly.
  • Manage your stress levels.
  • Limit your alcohol intake.

The AHA’s website provides a detailed list of risk factors and common symptoms of heart disease. If you are concerned about your risk of developing heart disease or would like to find out more information about the condition, visit the AHA’s site and contact your primary physician. 

© 2017 Zywave, Inc. All rights reserved.

TSG Financial on National Wear Red Day 2017

TSG Financial on National Wear Red Day 2017

Want more information? Call us today at (516) 747-3355 to learn how to sign up for newsletters from TSG Financial.

TSG Financial LLC is a Financial Services company located in Garden City, NY. Securities offered through Securities America, Inc. Member FINRA (www.finra.org)/SIPC (www.sipc.org). Advisory services offered through Securities America Advisors, Inc. TSG Financial and Securities America are separate entities. Securities licensed in: AZ, CA, CO, CT, DE, FL, GA, IL, IN, IA, KS, LA, MD, MA, NJ, NY, NC, OH, OR, PA, SC, TX, UT, VA, DC . The third-party comments displayed are not verified, may not be accurate and are not necessarily representative of our client experience.

Read More
Posted by Debbie Gluzband on Jan 31st, 2017

President Trump moved swiftly after taking office on Friday, issuing an Executive Order intended to minimize the economic and regulatory burdens of the Affordable Care Act (“ACA”). The order is somewhat symbolic and has no immediate effect on employers, many of whom are in the process of complying with the ACA’s onerous reporting requirements (Forms 1094 and 1095), which are not rescinded by the order.

The order directs HHS and the heads of other departments and agencies (e.g., U.S. Department of Labor, Treasury Department) to exercise all available authority and discretion to waive, defer, grant exemptions from, or delay the implementation of any provision of the ACA that would impose a fiscal burden on any State or a cost, fee, tax, penalty, or regulatory burden on individuals, families, healthcare providers, health insurers, patients, recipients of healthcare services, purchasers of health insurance, or makers of medical devices, products, or medications. It should be noted that employers are not among those explicitly listed as requiring protection from regulatory burdens.

The order is broadly drafted and does not specify which provisions of the law should be targeted. However, to the extent that following the order would require revision of regulations issued through notice-and-comment rulemaking, the agencies will need to comply with the Administrative Procedures Act (“APA”).

To read the full article, click here!

About The Authors. This alert was prepared for Risk Strategies by Marathas Barrow Weatherhead Lent LLP, a national law firm with recognized experts on the Affordable Care Act.

Want more information? Call us today at (516) 747-3355 to learn how to sign up for newsletters from TSG Financial.

TSG Financial LLC is a Financial Services company located in Garden City, NY. Securities offered through Securities America, Inc. Member FINRA (www.finra.org)/SIPC (www.sipc.org). Advisory services offered through Securities America Advisors, Inc. TSG Financial, Risk Strategies Company and Securities America are separate entities. Securities licensed in: AZ, CA, CO, CT, DE, FL, GA, IL, IN, IA, KS, LA, MD, MA, NJ, NY, NC, OH, OR, PA, SC, TX, UT, VA, DC . The third-party comments displayed are not verified, may not be accurate and are not necessarily representative of our client experience.

Read More

Pages

Useful Resources

Check this firm's background with BrockerCheck by FINRA