Blue Money Jim Donnelly & Kevin McGarry

In this episode of Blue Money, Kevin & Jim discuss the ins and outs of DROP. If you don’t know what DROP is, don’t worry, the guys are breaking it down for you and making it easy to understand. Not only are they explaining what DROP is, but they also go over why it was first started and how it works to benefit everyone involved.

If you’re thinking about entering DROP, listen to this episode before you make your decision. Kevin & Jim discuss why DROP may or may not make sense depending on the situation. Kevin gives you a list of questions to help you create your retirement plan to help assess if DROP is right for you. Jim explains the catch-up provision and the options DROP opens up. Listen through to the end for main takeaways from Kevin & Jim.

To contact Lt. Jim Donnelly: jim@valleyfinancial.com
To contact Kevin McGarry: kevin@valleyfinancial.com
For a free financial assessment, or for more information visit valleyfinancial.com

In this episode of Blue Money, Kevin & Jim tackle the hot topic of stocks. Kevin starts off by giving a quick current market analysis. The guys speak to the dangers of following the crowd when it comes to investing in stocks. They stress the importance of having a strategy.

Kevin brings up a good point when he says, “they tell you about the winners, but not the losers.” This is advice that can be applied to more than just investing.

If you’re thinking about investing in the stock market, listen to this podcast episode first. Kevin & Jim are here to help you with your strategic investing goals.

To contact Lt. Jim Donnelly: jim@valleyfinancial.com
To contact Kevin McGarry: kevin@valleyfinancial.com
For a free financial assessment, or for more information visit valleyfinancial.com

In this episode of Blue Money, Kevin & Jim are looking at the first half of the year and preparing for the second half of the year. They’re giving suggestions on what to look at when it comes to your income, bills, savings, investments & debts. The guys are making sure that you know what your position is and are properly preparing for your future. Kevin emphasizes the importance of diversifying your portfolio and why that’s so important. Jim brings up the often overlooked aspect of insurance.

Listen to go over your checklist to make sure you are in a good position going into the second half of the year.

To contact Lt. Jim Donnelly: jim@valleyfinancial.com
To contact Kevin McGarry: kevin@valleyfinancial.com
For a free financial assessment, or for more information visit valleyfinancial.com

In this episode of Blue Money, Jim & Kevin invited Bruce Goldstein, Certified Public Accountant, to come on the show to help our law enforcement agents get the most of their tax filing this tax season. The filing deadline for this year is April 18 so it’s quickly approaching. Listen to this episode to make sure you’re not missing out on any deductions or credits available to law enforcement employees in 2023.

Bruce lists off many items that, in his years of experience, he sees law enforcement employees forget they can write off as a deduction. He explains the importance of hiring a trained professional to prepare your taxes, especially one that is focused on law enforcement employees.

Bruce does a great job at explaining the difference between the standard deduction and specific deductions. He also talks about the different types of tax forms and what they’re for. Listen through to the end for Bruce’s top three pieces of advice for getting the most out of your tax preparation.

To contact Lt. Jim Donnelly: jim@valleyfinancial.com
To contact Kevin McGarry: kevin@valleyfinancial.com
For a free financial assessment, or for more information visit valleyfinancial.com

In this episode of Blue Money, Kevin & Jim invite David J. Balcer, attorney at law, to have an in depth conversation about wills and estate planning. It’s a conversation many people don’t like to have, but it is a necessary one. Listen to find out all the reasons why you don’t want to leave things intestate, and what that means.

David goes over how to ensure your assets are treated the way you want. He explains what may override a will and what happens if there is no will in place. The guys also talk about what a trust is and look at the similarities and differences between a trust and a will. If you’re wondering what “probate” is, that is discussed too.

The majority of adult Americans don’t have their estate planning and will in place; don’t be part of that group. Listen to this episode to learn why estate planning is important, and then contact the guys at Valley Financial to help you get started.

Contact David J Balcer
215-947-7090
bacleresq@yahoo.com

To contact Lt. Jim Donnelly: jim@valleyfinancial.com
To contact Kevin McGarry: kevin@valleyfinancial.com
For a free financial assessment, or for more information visit valleyfinancial.com

In this episode of Blue Money, Jim & Kevin are discussing 2022 in review. They’re also providing a checklist for you to use at the end of this year, to make sure you’re in the best financial standing you can be going into the new year. Kevin has a great list of questions you can ask yourself to help prepare financially for the upcoming year. Jim also has suggestions for things to check in on at this time of year. The guys also talk about preparing for taxes as the end of the fiscal tax year comes to an end.

Listen to this episode to make sure you’re in the best position possible going into 2023. The guys touch on so many different topics and bring up so many good points, you may want to take notes, and listen more than once. There’s a lot packed into this short episode.

Free Credit Report: https://consumer.ftc.gov/articles/free-credit-reports

To contact Lt. Jim Donnelly: jim@valleyfinancial.com
To contact Kevin McGarry: kevin@valleyfinancial.com
For a free financial assessment, or for more information visit valleyfinancial.com