Anthony Mazzella, CEO & Founder with True Path Wealth Strategies

09/09/2026

"Which account should I start for my kids?"

Part three of three.

This one is not a product. It is a designation on an account.

And the money is the child's. From the day it goes in.

You manage it. You do not own it. It cannot be undone.

No special tax treatment either. A 1099 every year.

Everything is case by case. truepathws.com

A custodial account under a state Uniform Transfers to Minors Act is an irrevocable gift. The assets belong to the child, must be used for the child's benefit, and pass to the child's own control at the age set by state law and the terms of the transfer - in New Jersey, age 21. Investing involves risk, including the possible loss of principal, and diversification does not assure a profit or protect against loss in a declining market. A custodial account receives no special tax treatment: earnings are generally taxable in the year they occur, and a child's investment income above annual limits may be taxed at the parents' rate. This video is general education, not a promise, and not an offer or solicitation to buy any product or service. Neither New York Life Insurance Company, nor its agents, provides tax, legal, or accounting guidance. Please consult your own tax, legal, or accounting professional before making any decisions.

Securities products offered through NYLIFE Securities LLC (Member FINRA/SIPC), a Licensed Insurance Agency. Investment advisory services offered through Eagle Strategies LLC, a Registered Investment Adviser. True Path Wealth Strategies is not owned or operated by NYLIFE Securities LLC or its affiliates.

09/09/2026

The current housing market is different from the one that led to the 2008 housing crash. Learn about current home prices, mortgage rates, and housing market conditions in 2026.

The current housing market is different from the one that led to the 2008 housing crash. Learn how home prices and rates will affect the market in 2026.

09/07/2026

Conventional rules don't count savings, lack of debt or credit score as much as a monthly income. But there are alternative routes you can take.

09/03/2026

Our son was ten days old. "Life insurance for a child?" Coverage first. That is what it is. It can also build value over time, with real conditions attached. Structured properly. The right type of policy. Set up with a professional. Part two of three. Does it fit your child?

truepathws.com

Life insurance is designed primarily to provide a death benefit. All promises are based on the claims-paying ability of the issuer. Policy charges reduce cash value, so there may be little or no cash value in the early years, and surrender charges may apply. If a policy lapses or is surrendered with a loan outstanding, the gain is generally taxable as ordinary income even if no money is received. A policy funded above federal tax law limits becomes a modified endowment contract; distributions are then taxable to the extent of gain and may carry an additional 10% federal tax before age 59 1/2. Death benefits are generally income-tax-free to beneficiaries. Neither New York Life Insurance Company, nor its agents, provides tax, legal, or accounting guidance. Please consult your own tax, legal, or accounting professional before making any decisions. Securities products offered through NYLIFE Securities LLC (Member FINRA/SIPC), a Licensed Insurance Agency. Investment advisory services offered through Eagle Strategies LLC, a Registered Investment Adviser. True Path Wealth Strategies is not owned or operated by NYLIFE Securities LLC or its affiliates.

09/03/2026

Life insurance at work is a nice benefit, but it may not be enough to protect your family. If it isn’t enough to cover the mortgage, childcare, medical expenses and ongoing bills, you may need an individual policy to make sure your loved ones have sufficient coverage.

09/01/2026

Life insurance is key for small business owners.

08/31/2026

Our son was nine days old. Before we had his name on the birth certificate, I was thinking about accounts. Part one of three. The one built for school. What it does — and the caveats nobody puts in a caption.

truepathws.com

This content is for educational purposes only and does not constitute investment, tax, or legal guidance. It is not a suggestion, and not an offer or solicitation to buy any security. 529 plans are municipal fund securities offered by states and are not products of, or promised by, New York Life Insurance Company or its affiliates. Before investing, obtain the issuer's official statement or program description and read it carefully — it contains the plan's investment objectives, risks, charges and expenses. Investing involves risk, including the possible loss of principal. There is no assurance any account will be sufficient to cover education costs, and 529 assets may affect financial aid eligibility. State tax benefits, where offered, may be available only for investing in your own state's plan, and some states offer none. Withdrawals are federally tax-free only when used for qualified education expenses. Earnings on non-qualified withdrawals are subject to ordinary income tax and generally an additional 10% federal tax, and may be subject to state tax. Rollovers of unused 529 assets to a Roth IRA are subject to conditions and limits, including how long the account has been maintained, the beneficiary's earned income, the annual contribution limit, and a lifetime cap. Tax laws and IRS rules are subject to change. Neither New York Life Insurance Company, nor its agents, provides tax, legal, or accounting guidance. Please consult your own tax, legal, or accounting professional before making any decisions. Securities products offered through NYLIFE Securities LLC (Member FINRA/SIPC), a Licensed Insurance Agency. Investment advisory services offered through Eagle Strategies LLC, a Registered Investment Adviser. True Path Wealth Strategies is not owned or operated by NYLIFE Securities LLC or its affiliates.

08/31/2026

If you're not talking openly with your adult children about money, you're failing to help build their financial independence. Here's how to keep silence from becoming expensive — for them and for you.

08/28/2026

Financial professionals need to know every possible tool available to help these Gen X customers, while understanding the risks and rewards.

Financial professionals need to know every possible tool available to help these customers, while understanding the risks and rewards.

08/27/2026

Calling inflation an “unfair burden,” Federal Reserve Chairman Kevin Warsh on Tuesday reiterated his call for “regime change” at the central bank.

The stock market has boomed on AI euphoria, while the trajectory of the U.S. economy has been more tepid, economists said.