August 2018 -- Issue #11
A Word from the CEO

While attending the recent Cantors Assembly Convention, a participant came up to me with a question. When saving for retirement, the rule of thumb is to save 10%-20% of your salary annually over your working life. Is there a similar formula for saving for a child's college education? It's a great question, but, unfortunately, there's no simple answer. See our article, "Saving for Your Child's Education," to understand why.

Moving into the fall, it's a good time to take a look at where you stand regarding your 2018 taxes (after the Yamim Noraim, of course!). This is especially true given the major changes to the tax code enacted in the Tax Cuts & Jobs Act. You can access resources on the JRB website (see the links below) that will get your started.

As always, please don't hesitate to contact the JRB with any questions or comments about these articles, suggestions for other topics or questions about your own financial strategy. We're available at 888-JRB-FREE (572-3733) or staff@jrbcj.org .

Wishing You an Early Shana Tova u'Metuka,
Saving for Your Child's Education
Saving for college requires thinking about the type of school your child will attend, when you begin saving, the investment vehicles you choose and what proportion of college expenses you plan to pay from savings.
2018 Tax Planning:
Getting the Most Out of
The Tax Cuts & Jobs Act
The Tax Cuts & Jobs Act made many changes to the tax code. You may still have time to take advantage of these provisions. These articles will get you started.

Speak with JRB CEO
Mitchell J. Smilowitz, CPA
Make an appointment with Mitch to review your JRB portfolio, discuss your financial goals and answer your investment questions.