Gain Perspective on Financial Planning. Investments. Your Future.

How to Solve this Common Problem with American Brokerage Accounts

I often receive calls at my office from people who say that they have a problem with their American brokerage account because their U.S. investment advisor asked them to change firms. It’s not because they don’t meet the minimum balance requirements. … [Read more...]

What is the Best Way to Transfer Dollars to Israel?

When clients ask to transfer dollars from their U.S. investment account to their Israeli bank, the details they must provide sometimes take them by surprise. Living in a different country from your assets means that money transfers are necessary to … [Read more...]

Are You Getting the Social Security You Deserve?

The “Greenberg Settlement,” the resolution of a class-action lawsuit brought against the Social Security Administration (SSA), changes the way American olim receive their American Social Security payments.   Under the SSA’s Windfall Elimination … [Read more...]

What To Do If You Can’t Buy U.S. or Israeli Mutual Funds

Since Americans living abroad are frequently denied the opportunity to buy mutual funds, how can investors diversify their portfolios without being responsible for the day-to-day management of dozens of individual stocks and bonds? One possible … [Read more...]

What Israeli Young Adults Don’t Know About Money

Growing up with a father who is a financial advisor, I learned a few things about handling money. My father’s insights help me with personal budgeting, and also with entrepreneurial skills in setting up a website that helps English-speaking olim deal … [Read more...]

What Tax Might Take 40% of Your Assets One Day?

Careful planning addresses two major points: what happens to your money while you’re alive, and what happens to your money after you pass away. In my work as a financial advisor helping Americans who live in Israel with their U.S. investments, I … [Read more...]

What Every U.S. Citizen Living in Israel Should Know

If you are an American citizen living in Israel you have tax reporting requirements to the IRS. You need to report your foreign accounts You must report your accounts with an FBAR form, which you send to the IRS. Neglecting to report … [Read more...]

Profile Perspectives is a personal finance blog based on articles Doug Goldstein, CFP®, director of Profile Investment Services, Ltd., published in The Jerusalem Post. The information posted is purely informational and does not constitute investment or tax advice. Advertisements on the site are neither endorsements nor recommendations. Consult your professional advisors before making any investments based on articles or advertisements. Securities offered through Portfolio Resources Group, Inc., member of FINRA, SIPC, MSRB, FSI. Accounts carried by Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation.

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