Scott Pressman, Licensed Agent with New York Life

In this article, personal finance experts tackle when and why you should invest in a traditional IRA or Roth IRA.

When a traditional IRA makes sense over a Roth account IRAs are powerful tools, and should be used to your advantage for retirement savings

What have you done in the past that has paved the way for your success today?

I wanted to share an update on the state of the market. It comes from New York Life’s Executive Vice President and Chief Investment Officer, Tony Malloy. Tony reports strong growth for the economy in 2022. Read his insights and reach out to me for any questions you have about your financial future.
https://nyl.co/3Bc8ziw

Shadow or no shadow, spring will be here before we know it. So let's start spring cleaning early this year and get your finances in order. Do you need a strategy? Let's talk.

5 strategies to diversify investments | New York Life It is important to diversify your investments in order to properly manage risk. Learn five strategies from New York Life for how to diversify your portfolio.

New York Life is proud to have risen 6 spots to be #67 on the 2021 Fortune 500 list.

New York Life climbs to No. 67 in 2021 Fortune 500. Being prepared looks different across all phases of life. Understand what people like you typically consider when making their plans.

There's so much to do to get ready for family gatherings, holiday gift lists, snowstorms and—you guessed it—awkward financial discussions. I'm ready to embrace the flurry with you. Click here to learn the differences between a will, trust, and estate.

Will, Trust, and Estate | New York Life Avoid complications by planning out your estate today. Learn more about the importance of planning ahead with a will, trust, or estate.

Dollar cost averaging takes the emotion out of investing and can help you
achieve a lower average purchase price over time.
https://www.newyorklife.com/assets/docs/pdfs/nyl-internet/file-types/dca-plus-special-rate-flyer.pdf?cmpid=smca_PR_na_na_1686864_na_na_na_clpr_na_afmc_ip_na_na

When investing in yield, the how is more important to consider than the when. Even as spreads approach historical averages, find out why we believe opportunities still remain in high yield. https://mainstayinvestmentsblog.com/2020/07/opportunities-in-high-yield-remain-as-spreads-approach-historical-averages/

2022 will mark the 168th consecutive year we’ve issued dividends to eligible participating policy owners. Give me a call today to start planning for tomorrow and take part in any future dividend.

New York Life declares largest dividend in company history. Being prepared looks different across all phases of life. Understand what people like you typically consider when making their plans.

If women earn $0.84 to every $1 earned by men, should they work an extra 42 days a year to make up the difference OR take other steps to help secure their financial future? Contact me to develop your financial strategy today!

Find out how the DCA Plus Account within a variable universal life
policy may help you earn a 12% guaranteed interest rate (6.30% actual
yield) as you strategically enter the market.

Dollar Cost Averaging | New York Life Wondering whether this is the right time to invest? One way to reduce uncertainty is to employ the time-tested strategy of dollar cost averaging, or “DCA.”

Find out how to avoid the pitfalls of trying to time the market and enjoy
a 12% interest rate (6.30% actual yield) with our DCA program.
https://www.newyorklife.com/assets/docs/pdfs/nyl-internet/file-types/dca-plus-special-rate-flyer.pdf?cmpid=smca_PR_na_na_1686901_na_na_na_clpr_na_afmc_ip_na_na

With holiday season approaching, you’ll need to decide if you want to use credit or debit to pay for your purchases. Here are good reasons for embracing one and rejecting the other.

Should I Use Credit or Debit? | Kiplinger Credit cards offer more protections and rewards, but debit cards reduce the temptation to overspend.

This article shows why parents may want to consider other ways to fund their children’s college education instead of taking on Parent Plus loans.

Parents With Student Debt Want A Do-Over - NerdWallet Close to 1 in 3 parents with federal PLUS loans wish their children had made a different college choice so they could avoid the debt.

Singer Kelly Rowland shares why she’s passionate about life insurance and how important it is for protecting the ones you love.

Kelly Rowland Talks Life and Life Insurance: ‘It Truly Eases My Heart and Mind.’ Life Insurance Awareness Month Spokesperson Kelly Rowland opens up about motherhood, life lately and life insurance.

This article addresses the most important tax-related responsibilities for the executor of a loved one’s estate.

What to do if you’re the executor of a loved one’s estate — starting with when to pay the taxes As the executor, you’re on the hook for filing the federal income tax return for the estate of your deceased loved one

If you wait until your full retirement age to collect Social Security, you can have a big financial payoff. Use the calculator in this article to determine your full retirement age and maximize your social security benefit.

What's My Social Security Full Retirement Age? | Kiplinger The year you were born determines when you become eligible for your full Social Security retirement benefit. Use our calculator to determine your full retirement age.

Beneficiaries on a life insurance policy will not be required to pay income tax when they receive a death benefit but read this article to learn the exceptions to this rule.

Is life insurance taxable? | Bankrate Take care to maximize life insurance benefits by understanding tax implications.

A family day can be a fun way to spend time with your family, but also the perfect opportunity to discuss important matters like family finances. Here are some topics you might consider.

Family Finance Management | New York Life Learn more about the importance of talking to your family about inheritance, guardianship and living wills.

Credit card charge-offs can hurt your credit score. Here’s what you need to know about charge-offs, how they can affect your finances, and what to do if you receive one.

Credit Card Charge-Offs Can Seriously Hurt Your Credit. Here's the Best Way to Deal With Them A charge-off will lead to a derogatory mark on your credit report. Here's what to do if you have a charge-off, and how it will impact your credit score.

Boomers and Millennials are reacting differently to price surges on products and services this year, but economic experts share some insights that may ease your inflation worries in this article.

Millennials just don't care about inflation as much as boomers do Boomers have long been economically fearless, but anything that hits their savings crosses the line. Millennials don't mind as much, Bankrate finds.

How are you spending your ? Whether fun-filled, lazy, or extra busy, celebrate your hard work with those who make it all worth while.

With tailored solutions, made just for you, you can rest assured knowing that your protection has your interests in mind. Contact me to set up a meeting.

Learn how to decide when to say "yes" — and when to say "no" — to being a co-signer.

When It Can Be a Good Idea to Co-Sign for Your Young Adult - NerdWallet Co-signing for an adult child can help them build credit. But consider the potential downsides, such as a strained relationship and financial risks for you.

Caring for a loved one while raising children of your own can be exhausting—emotionally and financially. Learn how has affected others in the sandwich generation, and what you can do to help yourself.

Having a financial partner can improve the long-term financial outlook of the Sandwich Generation/ Being prepared looks different across all phases of life. Understand what people like you typically consider when making their plans.

Here is some inspiration to help your kid earn their first dollars.

9 Ways to Make Money as a Kid - NerdWallet Kids can make money by selling stuff online or in person, getting paid to do chores, taking surveys and more. Learn about other job opportunities for kids.

What kind of trust is right for you? It depends on what you need.

What to Consider When Deciding Between a Revocable and Irrevocable Trust | Kiplinger There are important differences between the two types of trusts, including the amount of control you'll have over your assets.