News

A collection of Withum Wealth news stories.

WWM’s Best TV Binges of 2020
Investment Insights
WWM’s Best TV Binges of 2020
For those of you who plan to stay indoors this winter, we wanted to share some of our team’s favorite TV shows for you to binge, if you haven’t seen them yet!
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Anti-Hacking Company Hacked – And No, This Isn’t An Onion Headline
Investment Insights
Anti-Hacking Company Hacked – And No, This Isn’t An Onion Headline
Ghost Protocol, the fourth movie in the popular Mission impossible series, involves hacking, password decoding, cryptocracy and network hijacking action for thriller and SciFi fans.
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C.O.L.A. – Not Zero, But Not Bubbling Over
Investment Insights
C.O.L.A. – Not Zero, But Not Bubbling Over
Like bubbles rising to the top of a newly uncorked bottle of champagne the cost of living adjustment (COLA) for 2021 retirement benefits will climb by 1.3%, according to the Social Security Administration. However, this is below the average COLA of 1.5% for Social Security benefits over the last decade so think of it more like a warm can of soda. It is important to note that this average includes years in which there was no COLA increase and another that was limited to just 0.3%. In contrast, the 2000’s decade had a higher average cost of living adjustment of 2.7%, despite also having no COLA increase in 2009.
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Taking a Page from a Catalog
Investment Insights
Taking a Page from a Catalog
IKEA has decided to discontinue their annual printed catalog. For the first time in over 70 years, IKEA will not be printing out their catalogue which, believe it or not, was the most printed book in the world at one point.
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2020’s Word of the Year
Investment Insights
2020’s Word of the Year
So, its official! It shouldn’t be much of a surprise, but the Merriam-Webster word of the year for 2020 is…. “Pandemic”.
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Just Do It!
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Just Do It!
As winter is creeping in, I wanted to share a book recommendation – Shoe Dog by Phil Knight.
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How to Create a Tax-Efficient Retirement Income Plan
Investment Insights
How to Create a Tax-Efficient Retirement Income Plan
After spending most of your adult time working, you have decided to retire. Congratulations! Retirement is an exciting time but is accompanied by the termination of one steady benefit—a regular paycheck. Your living expenses were covered by that fixed and constant income, but now you are on your own.
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Red, Blue and… Green?
Investment Insights
Red, Blue and… Green?
Last week’s Presidential election showcased the fact that we are a country divided between Red and Blue. However, over the last few elections, voters across much of the nation have uniformly agreed on one highly contested issue – easing marijuana laws. In just the last few elections, all but seven states have reduced regulations in some form or another. Time will tell whether this is a full move towards legalization, decriminalization, medical use only, or both.
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